Integrated Filing — IndAS



General information about company

Scrip Code 507880
NSE Symbol VIPIND
MSEI Symbol NOTLISTED
ISIN INE054A01027
Name of company VIP Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Manufacturing of luggage and travel accessories
Start date and time of board meeting 14-11-2025   13:00:00
End date and time of board meeting 14-11-2025   16:05:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 28-01-2025
Indicate Company website link for updated RPT policy of the Company https://vipindustries.co.in/storage/policies/February2025/Related%20Party%20Transaction%20Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 40,419.00 96,531.00
Other income 1,423.00 1,938.00
Total income 41,842.00 98,469.00
2 Expenses
(a) Cost of materials consumed 13,271.00 26,746.00
(b) Purchases of stock-in-trade 15,263.00 31,676.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,651.00 6,221.00
(d) Employee benefit expense 3,555.00 7,241.00
(e) Finance costs 1,649.00 3,209.00
(f) Depreciation, depletion and amortisation expense 3,031.00 5,930.00
(f) Other Expenses
1 Other Expenses 17,188.00 33,803.00
Total other expenses 17,188.00 33,803.00
Total expenses 55,608.00 1,14,826.00
3 Total profit before exceptional items and tax (13,766.00) (16,357.00)
4 Exceptional items 0.00 (507.00)
5 Total profit before tax (13,766.00) (16,864.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 137.00 (628.00)
9 Total tax expenses 137.00 (628.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (13,903.00) (16,236.00)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (13,903.00) (16,236.00)
17 Other comprehensive income net of taxes (73.00) (98.00)
18 Total Comprehensive Income for the period (13,976.00) (16,334.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,841.00 2,841.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -9.79 -11.43
Diluted earnings (loss) per share from continuing operations -9.78 -11.42
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -9.79 -11.43
Diluted earnings (loss) per share from continuing and discontinued operations -9.78 -11.42
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The results for the quarter and half year ended September 30 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meetings held on November 14 2025 The above results for the quarter and half year ended September 30 2025 have been reviewed by the Statutory Auditors of the Company in terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended 2 This statement has been prepared in accordance with the Companies Indian Accounting Standards Rules 2015 Ind AS prescribed under section 133 of the Companies Act 2013 and other recognised accounting practices and policies to the extent applicable 3 The Companys business segment consists of a single segment of Manufacturing and marketing of luggage and bags as per Indian Accounting Standard Ind AS 108 Operating segment requirement 4 The consolidated financial results for the quarter and half year ended September 30 2025 include the results of its subsidiary companies viz VIP Industries Bangladesh Private Limited VIP Industries BD Manufacturing Private Limited VIP Luggage BD Private Limited VIP accessories BD Private Limitedand Blow Plast Retail Limited 5 Certain entities forming part of the promoter group the Sellers of the Company have entered into an agreement with Multiples Private Equity Fund and other parties the Purchasers for the sale of up to 45446305 equity shares held by the Sellers in the Company constituting approximately 32 percent of the total paid up share capital of the Company The Company received the approval granted by the Competition Commission of India vide its letter dated August 26 2025 and an intimation has been filed with the stock exchanges on August 26 2025 In this regard the SHA has become effective from September 23 2025 and the Multiples group has acquired Control and have been classified as Promoters of the Company An intimation in this regard has been filed with the stock exchanges on September 23 2025 6 The Exceptional Item disclosed above in the standalone results for the quarter ended June 30 2025 and half year ended September 30 2025 includes loss of Rs 5.07 Crores relating to loss of property plant and equipment and inventories that were destroyed due to a fire at the Companys regional warehouse at Guwahation May 17 2025 The Company has initiated its insurance claim process and considering the Companys insurance policy it expects the loss to be adequately covered In addition to the loss of Rs 5.07 Crores referred above the exceptional Item disclosed in the consolidated results for the quarter ended June 30 2025 and half year ended September 30 2025 also includes an income of Rs 7.00 Crores and Rs 11.32 Crores respectively against a partial receipt of the insurance claim from the insurance company relating to a loss of property plant and equipment and inventories that were destroyed due to a major fire at a plant of the Companys subsidiary VIP Industries Bangladesh Private Limited located in Bangladesh on January 31 2023 Accordingly the net income of Rs 1.93 Crores and Rs 6.25 Crores has been disclosed as exceptional item for the quarter ended June 30 2025 and half year ended September 30 2025 in the consolidated results above The Exceptional Item disclosed above in the consolidated results for the quarter ended September 30 2025 quarter and half year ended September 30 2024 and year ended March 31 2025 relates to a partial receipt of the above mentioned insurance claim from the insurance company 7 The Nomination and Remuneration Committee of the Board of Directors of the Company at its meetings held on August 06 2025 and September 23 2025 approved grant of new stock appreciation rights to eligible employees of the Company in accordance with the terms and conditions of the VIP Employees Stock Appreciation Rights plan 2018 named ESARP 2018 as approved by the shareholders of the Company on July 17 2018 Accordingly during the current quarter ended September 30 2025 the Company has granted 360000 stock appreciation rights to eligible employees resulting in a net expense of Rs 0.19 Crores during the quarter ended September 30 2025 Further 175000 and 215000 ESARs have been lapsed or forfeited during the quarter and half year ended September 30 2025 respectively During the quarter ended September 30 2025 the eligible employees of the Compan yexercised 101900 stock appreciation rights in accordance with the terms and conditions of the VIP Employees Stock Appreciation Rights plan 2018 Consequently the Company has issued 25142 fully paid-up equity shares of Rs 2 each during the current quarter ended September 30 2025 to the eligible employees as approved by the Allotment Committee of the Board of Directors of the Company Accordingly the Company has transferred Rs 2.50 Crores to the Securities Premium during the half year ended September 30 2025 8 The Company was involved in an ongoing litigation regarding the use of a trademark The Division Bench of Honble Delhi High Court vide order dated July 1 2025 has dismissed the appeal filed by the Company against the interim order granting injunction in favour of the Company dated July 17 2023 The Company had filed a special leave petition before the Honble Supreme Court of India against the order of the Division Benchof Honble Delhi High Court The Honble Supreme Court of India vide its order dated August 01 2025 disposed off the special leave petition allowing the Company six months to sell the existing stock subject to conditions mentioned therein 9 A commercial Suit is filed against the Company at Bombay City Civil Court by a Company based in China in respect of commercial dispute for recovery of amount of Rs 6.41 crores towards supply of material to the Company not acknowledgedas debts The Company is defending the matter and has obtained an independent legal opinion and accordingly no provision for any liability has been made in the financial results 10 The Company has identified certain assets of the Company which were classified as Property Plant and Equipment and Investment Properties as non-core assets of the Company having a book value aggregating Rs 3.89 Crores and a fair value as determined by an independent valuer of Rs 116.17 Crores Pursuant to the applicable provisions of the Companies Act 2013 and the related applicable Rules the Board at its meeting held on September 16 2025 has approved the transaction for the sale of the above mentioned assets to the identified entities in accordance with the price arrived as per the independent valuation report Pursuant to provisions of the Ind AS 105 and SEBI Listing Obligations and Disclosure Requirements Regulations 2015 the said assets have been classified as Current Assets held for Sale and have accordingly been disclosed separately at carrying value at cost in the statement of Assets and Liabilities 11 The standalone results include a provision towards inventories amounting to Rs 12.70 Crores Rs 45.51 Crores and Rs 58.21 Crores accrued during the quarter ended June 30 2025 quarter ended September 30 2025 and half year ended September 30 2025 respectively Further the consolidated results include a provision towards inventories amounting to Rs 12.70 Crores Rs 54.95 Crores Rs 67.65 Crores and Rs 3.37 Crores accrued during the quarter ended June 30 2025 quarter ended September 30 2025 half year ended September 30 2025 and for the year ended March 31 2025 respectively 12 Deferred Tax Asset has not been accounted for the current quarter considering the recent changes in the shareholding and management and review of business plans also refer note 5



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 14,764.00
Capital work-in-progress 418.00
Investment property 438.00
Goodwill 0.00
Other intangible assets 30,740.00
Intangible assets under development 16.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 652.00
Non-current financial assets
Non-current investments 3,680.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 2,582.00
Total non-current financial assets 6,262.00
Deferred tax assets (net) 6,179.00
Other non-current assets 3,018.00
Total non-current assets 62,487.00
2 Current assets
Inventories 47,424.00
Current financial asset
Current investments 1,391.00
Trade receivables, current 33,621.00
Cash and cash equivalents 1,957.00
Bank balance other than cash and cash equivalents 184.00
Loans, current 0.00
Other current financial assets 1,461.00
Total current financial assets 38,614.00
Current tax assets (net) 0.00
Other current assets 6,810.00
Total current assets 92,848.00
3 Non-current assets classified as held for sale 389.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 1,55,724.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,841.00
Other equity 35,885.00
Total equity attributable to owners of parent 38,726.00
Non controlling interest
Total equity 38,726.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 27,362.00
Total non-current financial liabilities 27,362.00
Provisions, non-current 1,684.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 5.00
Total non-current liabilities 29,051.00
Current liabilities
Current financial liabilities
Borrowings, current 38,330.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,715.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 31,745.00
Total Trade payable 35,460.00
Other current financial liabilities 6,153.00
Total current financial liabilities 79,943.00
Other current liabilities 7,390.00
Provisions, current 614.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 87,947.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,16,998.00
Total equity and liabilites 1,55,724.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss -7600000 -10800000
Total Amount of items that will not be reclassified to profit and loss (76.00) (108.00)
2 Income tax relating to items that will not be reclassified to profit or loss (3.00) (10.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (73.00) (98.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (16,864.00)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,209.00
Adjustments for decrease (increase) in inventories 10,087.00
Adjustments for decrease (increase) in trade receivables, current 3,082.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 790.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (3,275.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 545.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 5,930.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 94.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 227.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 91.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1,090.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 149.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 19,839.00
Net cash flows from (used in) operations 2,975.00
Dividends received (181.00)
Interest paid 0.00
Interest received (11.00)
Income taxes paid (refund) 60.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,723.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 84.00
Purchase of property, plant and equipment 2,561.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 181.00
Interest received 21.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (304.00)
Net cash flows from (used in) investing activities (2,579.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 1.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 5,391.00
Repayments of borrowings 0.00
Payments of lease liabilities 4,510.00
Dividends paid 36.00
Interest paid 1,795.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (949.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (805.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (805.00)
Cash and cash equivalents cash flow statement at beginning of period 2,762.00
Cash and cash equivalents cash flow statement at end of period 1,957.00





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 V.I.P. INDUSTRIES LIMITED Ms. Radhika Piramal Whole-time Director Remuneration None 213.00 0.00 0.00
2 V.I.P. INDUSTRIES LIMITED Kemp And Company Ltd Promoter Company Sale of goods or services None 32.00 30.00 36.00
3 V.I.P. INDUSTRIES LIMITED Piramal Vibhuti Investments Ltd, formally known as Vibhuti Investments Company Limited Promoter Company Any other transaction Rent Paid None 214.00 0.00 0.00
4 V.I.P. INDUSTRIES LIMITED VIP Industries BD Manufacturing Private Limited Wholly-owned Subsidiary Purchase of goods or services None 7,855.00 804.00 2,569.00
5 V.I.P. INDUSTRIES LIMITED VIP Luggage BD Private Limited ZZZZZ9999Z Purchase of goods or services None 12,009.00 3,411.00 3,464.00
6 V.I.P. INDUSTRIES LIMITED VIP Luggage BD Private Limited Wholly-owned Subsidiary Any other transaction Guarantee Commission None 52.00 67.00 77.00
7 V.I.P. INDUSTRIES LIMITED VIP Accessories BD Private Limited Wholly-owned Subsidiary Any other transaction Guarantee Commission None 2.00 9.00 2.00
8 V.I.P. INDUSTRIES LIMITED VIP Industries Limited Employees Gratuity Fund Trust Employees Gratuity Fund Any other transaction Approved Employees Gratuity Fund Trust None 148.00 0.00 0.00
9 V.I.P. INDUSTRIES LIMITED VIP Industries Limited Employees Provident Fund Trust (includes employees share and contribution) Employees Provident Fund Any other transaction Approved Employees Provident Fund Trust None 511.00 0.00 0.00
Total value of transaction during the reporting period 21,036.00