VIP Clothing Limited — Others, 12-02-2025: Appointment

VIP Clothing Ltd. has announced a board meeting outcome, revealing the approval of unaudited financial results for the quarter and nine months ended December 31, 2024. Total income rose to ₹6,286.90 crore, with a profit after tax of ₹199.56 crore, marking a recovery from last year's losses. The Board also confirmed the re-appointment of Mr. Sunil Pathare as Chairman and Managing Director and appointed Mr. Kapil Pathare as Deputy Managing Director, both effective from April 1, 2025. The addition of Mr. Uday Ajgaonkar as an Independent Director enhances the board's strategic depth. This update could foster a positive outlook among investors, highlighting the company's recovery trajectory and leadership stability.