V I P Industries Ltd

Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that in accordance with the terms of VIP Employees Stock Appreciation Rights Plan 2018 (Plan) the Allotment Committee of the Board of Directors of VIP Industries Limited (the Company) has today i.e. 26th May 2023 approved the allotment of 19499 fully paid up equity shares of Rs. 2/- each to the allottee(s) upon exercise of Employee Stock Appreciation Rights under the said Plan. These shares shall rank pari passu in all respects with the existing equity shares of the Company.With the allotment of the above shares the equity base of the Company stands increased from present level of 41669969 (Nos.) to 141689468 (Nos.) equity shares of Rs. 2/- each.