Vadilal Enterprises blocks renewal of Vadilal Industries’ domestic distribution pact
Vadilal Industries is evaluating alternatives to ensure business continuity after Vadilal Enterprises could not secure public-shareholder approvals to renew their 10-year domestic sales and distribution agreement, which expires on September 30, 2026.
What happened
Vadilal Enterprises cannot renew its key domestic sales and distribution pact with Vadilal Industries without required public-shareholder approvals. The ice
Key facts
- 10-year sales and distribution agreement
- September 2016
- September 30, 2026
- October 1, 2026
- 42nd annual general meeting