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Vadilal was started as a soda company in 1907, the founder Vadilal Gandhi used to make ice cream by the traditional Kothi method. Vadilal Gandhi passed on the business to his son, Ranchod Lal Gandhi, who ran a one-man operation with a hand-cranked machine, started a small retail outlet in 1926.
Vadilal Industries has settled all disputes related to company petitions and appeals concerning alleged mismanagement through amicable consent terms. The National Company Law Appellate Tribunal (NCLAT) has set aside previous orders and disposed of all pending cases. This settlement has no financial or operational impact.