Allotment of Securities

The allotment committee of VIP Industries Limited approved the issuance of 276 fully paid equity shares at ₹2 each under the VIP Employees Stock Appreciation Rights Plan, 2018. This action increases the total equity shares from 14,20,19,428 to 14,20,19,704 shares.

The newly allocated shares will hold the same rights as existing equity shares, impacting the capital structure by adding to the company’s equity base.