Subject: Declaration of Interim Dividend for the FY 2021-22
Dear Sir / Madam,
In continuation to our letter dated 17th February, 2022, we wish to inform you that the Board of Directors at its meeting held today i.e. 1st March, 2022 has declared an Interim Dividend of Rs. 2.50/- (Rupees Two and Fifty Paise) per equity share of face value of Rs. 2/- each for the Financial Year 2021-22. The Interim Dividend for the Financial Year 2021-22 shall be paid on or after 15th March, 2022.
Pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015, the Board has fixed Wednesday, 9th March, 2022 as the "record date" for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend.
The Board meeting commenced at 5.00 p.m. and concluded at 5:17 p.m.
Please take the above on your record and disseminate the same for the information of investors.
Thanking you,
Yours faithfully,
For V.I.P. INDUSTRIES LIMITED
Anand Daga
Company Secretary & Head - Legal
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VIP Industries Ltd. published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 12:35:06 UTC.
VIP Industries Limited is an India-based is a holding company which is a manufacturer and retailer of luggage, backpacks, and handbags. The Company's products include upright trolley cases, duffel bags, soft uprights, school bags, rucksacks, backpacks, laptop bags and daily essentials, ladiesâ handbags, vanity cases, hard suitcases, briefcases, and others. The Company's brands include VIP Bags, Carlton, Skybags, Aristocrat, Alfa and Caprese. It also manufactures plastic luggage. It supplies its products to over 45 countries. Skybags brand offers trolleys, rucksacks, backpacks, duffel bags, laptop bags and daily essentials. It has approximately eight manufacturing facilities. The Companyâs distribution channels include exclusive brand outlets (EBOs), multi-brand outlets (MBOs), large format retail, defense canteens, and e-commerce channels. Its subsidiaries include Blow Plast Retail Limited, VIP Industries Bangladesh Private Limited, and VIP Industries BD Manufacturing Private Limited.