VIP Clothing Limited — Others, 23-08-2025: Shareholders meeting
23-08-2025 | 09:22 pm
23-08-2025 | 09:22 pm
VIP Clothing Limited's annual report highlights a strong financial year 2024-25, with revenue increasing 29% to ₹236.89 Cr. The company reported a net profit of ₹5.46 Cr, reversing the previous year's net loss. Significant share capital activities included the allotment of 1.14 Cr preferential warrants, 0.40 Cr preferential equity shares, and the conversion of 0.36 Cr warrants into equity shares, ensuring no change in promoter control. Shareholders will vote on re-appointing directors and appointing DMKH & Co. as statutory auditors and KRS AND CO. as secretarial auditors for five-year terms. A favorable court ruling reduced contingent liabilities by ₹8.03 Cr.
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