Vadilal Enterprises Ltd (519152)

Vadilal Enterprises Limited has issued a notice convening an Extra-Ordinary General Meeting (EGM) on October 27, 2026. The primary agenda is seeking shareholder approval for a 12-month supply agreement with related party Vadilal Industries Limited (VIL) for purchasing ice cream and dairy products worth ₹1,426 crore. The arrangement spans from November 1, 2026, to October 31, 2027, comprising ₹382 crore for FY27 and ₹1,044 crore for FY28. This contract is mission-critical as it matches ~101.6% of the company's TTM revenue of ₹1,404 crore, representing the renewal of its core distribution business.

• Convening EGM on October 27, 2026, with an e-voting cut-off date of October 20, 2026
• Proposed supply agreement with Vadilal Industries Limited valued at ₹1,426 crore for 12 months
• Transaction splits into ₹382 crore for FY 2026-27 (Nov-Mar) and ₹1,044 crore for FY 2027-28 (up to Oct 2027)
• Proposed transaction represents 95% of VIL's preceding year consolidated turnover (₹1,503.12 crore)

Vadilal Enterprises Limited announced that its Board of Directors approved convening an Extra Ordinary General Meeting (EGM) on Tuesday, October 27, 2026, at 2:30 PM IST via Video Conferencing. The cut-off date (record date) to determine voting eligibility for shareholders has been fixed as October 20, 2026. The specific agenda and resolutions to be considered at the EGM were not disclosed in this outcome and will be submitted via the formal EGM notice in due course. The meeting lasted 30 minutes, commencing at 2:30 PM and concluding at 3:00 PM.

• EGM scheduled for Tuesday, October 27, 2026, at 2:30 P.M. (IST) via VC/OAVM
• Shareholder cut-off date (record date) established as October 20, 2026
• Board meeting conducted on September 30, 2026, from 2:30 P.M. to 3:00 P.M.
• Detailed EGM notice with agenda items to be submitted to exchanges separately

Vadilal Enterprises has released its Annual Report for FY 2025-26, scheduling its 41st Annual General Meeting (AGM) for September 8, 2026. The Board has recommended a dividend of ₹1.50 per equity share (15% of face value). Key agenda items include the appointment of Ms. Shaily J. Dedhia as an Independent Director and the renewal of a material related-party transaction (RPT) with Vadilal Industries Limited. The company reported FY26 revenue of ₹1,217 Cr with a net profit of ₹10 Cr, indicating very thin margins.

• Dividend of ₹1.50 per equity share recommended for the financial year ended March 31, 2026.
• 41st Annual General Meeting scheduled for September 8, 2026, via video conferencing.
• Book closure for dividend and AGM purposes set from September 2 to September 8, 2026.
• Proposal for renewal of a material sale and purchase agreement with Vadilal Industries Limited.
• Promoter and Promoter Group holding confirmed at 51.06% as of March 31, 2026.

Vadilal Enterprises has scheduled its 41st Annual General Meeting (AGM) for September 8, 2026, to be conducted via video conferencing. The company has established September 1, 2026, as the record date for determining shareholder eligibility for the FY 2025-26 dividend. Shareholders must hold the stock by this cut-off date to participate in remote e-voting, which will be available from September 5 to September 7, 2026. If approved at the AGM, the dividend payment will commence on or after September 8, 2026.

• 41st Annual General Meeting scheduled for September 8, 2026, at 11:00 A.M.
• Record date for FY 2025-26 dividend eligibility fixed as September 1, 2026.
• Book closure period set from September 2 to September 8, 2026 (7 days).
• Remote e-voting window opens September 5 (9:00 AM) and closes September 7 (5:00 PM).
• Dividend payment to be processed on or after September 8, 2026, subject to shareholder approval.

Vadilal Enterprises has scheduled a board meeting for August 13, 2026, to approve its unaudited standalone financial results for the quarter ended June 30, 2026. The company enters this period following a volatile FY26, where it recorded a TTM revenue of ₹1,217 Cr but a thin TTM PAT of ₹10 Cr. Investors will be closely watching for a seasonal rebound, as the June quarter is historically strong for the dairy and ice cream segment, compared to the ₹4.22 Cr loss reported in the preceding March 2026 quarter. The trading window for designated persons remains closed until August 15, 2026.

• Board meeting scheduled for August 13, 2026, to review Q1 FY27 performance.
• Trading window for insiders closed until August 15, 2026.
• Company reported a TTM revenue of ₹1,217 Cr with a low operating margin of 3.0%.
• Previous year's June quarter (Jun 2025) saw a significant net profit of ₹20.1 Cr.
• Current Debt-to-Equity ratio stands high at 1.89 as per latest context.

Vadilal Enterprises has scheduled its 41st Annual General Meeting (AGM) for September 8, 2026, with a record date of September 1, 2026. The board has appointed Ms. Shaily Dedhia as an Additional Independent Director for a five-year term, bringing over 17 years of legal and secretarial experience to the board. Additionally, M/s. SPAN & Co. has been appointed as Secretarial Auditors for a five-year tenure starting FY 2026-27. These administrative updates come as the company manages a high debt-to-equity ratio of 1.89 and thin operating margins of 3.0%.

• 41st Annual General Meeting (AGM) to be held on September 8, 2026, via Video Conferencing.
• Record date for the AGM and book closure set for September 1, 2026.
• Appointment of Ms. Shaily Dedhia as Independent Director for a 5-year term effective August 5, 2026.
• Secretarial Auditors M/s. SPAN & Co. appointed for a 5-year period from FY 2026-27 to FY 2030-31.
• Ms. Shaily Dedhia brings over 17 years of experience in legal and secretarial matters.