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VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.
VIP Industries reported strong ESG performance with zero safety incidents and 100% retirement benefit coverage. It significantly increased sourcing from MSMEs/India. While a 'Zero Waste to Landfill' approach is implemented, energy, water, and GHG intensities per crore turnover rose. Customer complaints increased, but all were resolved, with no fines or...
V.I.P. Industries stated it does not meet "Large Corporate" criteria as of March 31, 2026. This implies the company is not subject to enhanced disclosure requirements for fund raising via debt securities, streamlining its compliance.
The company corrected an inadvertent clerical error in a promoter group entity's securities holding disclosure. The revised filing clarifies the pre and post-transaction holding details, ensuring accurate reporting.
VIP Industries released its FY25 Business Responsibility and Sustainability Report. The company reported a turnover of Rs 2169.66 Cr, highlighting commitment to eco-friendly products, zero waste to landfill, and ZLD manufacturing. Initiatives include supply chain localization and enhanced employee well-being and safety.
VIP Industries has received a partial reprieve from the Supreme Court concerning the "CARLTON" trademark. The court has allowed the company to sell its existing inventory of products under the Carlton brand, providing immediate relief for their stock previously held under injunction. The Supreme Court has also directed the Delhi...