VIP Industries Limited — QIP/Rights/Pref., 06-12-2024: Allotment of Securities

VIP Industries has approved the allotment of 5,554 equity shares at ₹2 each, resulting from the exercise of Employee Stock Appreciation Rights under the VIP Employees Stock Appreciation Rights Plan, 2018. Post-allotment, the company's equity base increases from 14,20,13,874 to 14,20,19,428 shares. This move underlines the company's commitment to employee engagement through equity participation.