Global private equity firm Advent International is eyeing a controlling stake in listed luggage and travel accessories maker VIP Industries, three people with knowledge of the development said. Mint was the first to report last October of the promoter group’s plans to sell controlling stake in the luggage maker, which owns brands such as VIP, Carlton and Skybags. She said …
Nisaba Godrej, executive chairperson of Godrej Consumer, has resigned as an independent director from the board of VIP Industries, citing differences over leadership accountability and succession planning. Citing differences in leadership In her resignation letter, Godrej stated, "Due to my differing view on leadership accountability and succession planning, I will be resigning from the Board effective June 3rd, 2024." Godrej …
VIP Industries share price: Shares of VIP Industries Ltd rose 11.64 per cent to hit a high of ₹519.80 today. Brokerage firm Prabhudas Lilladher upgraded its rating on VIP Industries stock to 'Buy' from its earlier ‘Hold’ stance. VIP Industries share price: Brokerage firm Prabhudas Lilladher upgraded its rating on VIP Industries. Further, larger part of inventory is less than …