Vadilal Industries Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

Ownership split · Sep 2026

Share of total equity by holder type, with change since Jun 2026.

Promoters 64.72% 0.01 pp
FII / FPI 1.41% 0.39 pp
DII 1.63% 0.37 pp
Retail & others 32.24% 0.75 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters64.73%64.73%64.73%64.73%64.72%64.72%64.73%64.72%
FII / FPI0.3%0.68%0.76%0.57%0.57%0.58%1.02%1.41%
DII0%0%0.44%0.47%0.42%0.42%1.26%1.63%
Retail & others34.97%34.59%34.07%34.23%34.29%34.27%32.99%32.24%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

24 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.

Holder Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 Change (QoQ)
VADILAL INTERNATIONAL PRIVATE LIMITED Promoter New – – – – – – – 39.09%0.28 –
DEVANSHU L GANDHI Promoter New – – – – – – – 4.81%0.03 –
VADILAL FINANCE COMPANY PRIVATE LTD Promoter New – – – – – – – 4.57%0.03 –
IVG TRUST(THROUGH ITS TRUSTEE JANMAJAY GANDHI) Promoter New – – – – – – – 3.71%0.03 –
VERONICA CONSTRUCTION PVT LTD Promoter New – – – – – – – 3.4%0.02 –
RAJESH RAMCHANDRA GANDHI Promoter 3.17%0.02 3.17%0.02 3.17%0.02 3.17%0.02 3.17%0.02 3.17%0.02 3.17%0.02 3.17%0.02 0
MAMTA RAJESH GANDHI Promoter 1.7%0.01 1.7%0.01 1.7%0.01 1.7%0.01 1.7%0.01 1.7%0.01 1.7%0.01 1.7%0.01 0
GANDHI VIRENDRA RAMCHANDRA HUF Promoter – – – – – 1.67%0.01 1.67%0.01 1.67%0.01 0
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS Public New – – – – – – – 1.46%0.01 –
PSL LIMITED Public – – – – – 1.81%0.01 1.66%0.01 1.4%0.01 0.26 pp
NIRANKAR ADVISOR LLP Public 1.14%0.01 1.14%0.01 – 1.14%0.01 1.14%0.01 1.14%0.01 1.14%0.01 1.14%0.01 0
RAJESH R GANDHI HUF Promoter – – 0.87%0.01 0.87%0.01 0.87%0.01 0.87%0.01 0.87%0.01 0.87%0.01 0
DEVAL DEVANSHU GANDHI Promoter 0.82%0.01 – – – – – 0.82%0.01 0.82%0.01 0
JANMAJAY GANDHI Promoter New – – – – – – – 0.21%0.00 –
HEMALI PIYUSHBHAI SURATI Promoter New – – – – – – – 0.16%0.00 –
BYAD PACKAGING INDUSTRIES PVT LTD Promoter 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0
AXILROD PRIVATE LIMITED Promoter 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0
VADILAL MARKETING PRIVATE LIMITED Promoter New – – – – – – – 0.14%0.00 –
NAVINCHANDRA CHIMANLAL MODI Promoter 0.1%0.00 0.1%0.00 0.1%0.00 0.1%0.00 0.1%0.00 0.1%0.00 0.1%0.00 0.09%0.00 0.01 pp
KHEVNA RAJ SHAH Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0
DHARINI KETAN KHAMBHATTA Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0
VADILAL ENTERPRISES LIMITED Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
AKANSHA DEVANSHU GANDHI Promoter – – – – – – 0%0.00 0%0.00 0
JAINA JANMEJAY GANDHI Promoter – – – – – – 0%0.00 0%0.00 0
VADILAL INTERNATIONAL PVT LTD Promoter Exited / below 1% 39.09%0.28 39.09%0.28 39.09%0.28 39.09%0.28 39.09%0.28 39.09%0.28 39.09%0.28 – –
VADILAL FINANCE COMPANY PVT LTD Promoter Exited / below 1% 4.57%0.03 4.57%0.03 4.57%0.03 4.57%0.03 4.57%0.03 4.57%0.03 4.57%0.03 – –
VERONICA CONSTRUCTIONS PVT LTD Promoter Exited / below 1% 3.4%0.02 3.4%0.02 3.4%0.02 3.4%0.02 3.4%0.02 3.4%0.02 3.4%0.02 – –
VADILAL MARKETING PVT LTD Promoter Exited / below 1% 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 0.14%0.00 – –
DEVANSHU LAXMANBHAI GANDHI Promoter Exited / below 1% 4.81%0.03 4.81%0.03 4.81%0.03 4.81%0.03 4.81%0.03 4.81%0.03 4.81%0.03 – –
VIRENDRA RAMCHANDRA GANDHI Promoter Exited / below 1% 2.21%0.02 2.21%0.02 2.21%0.02 2.21%0.02 2.21%0.02 2.21%0.02 2.21%0.02 – –
ILA VIRENDRABHAI GANDHI Promoter Exited / below 1% 1.5%0.01 1.5%0.01 1.5%0.01 1.5%0.01 1.5%0.01 1.5%0.01 1.5%0.01 – –
JANMAJAY VIRENDRABHAI GANDHI Promoter Exited / below 1% 0.21%0.00 0.21%0.00 0.21%0.00 0.21%0.00 0.21%0.00 0.21%0.00 0.21%0.00 – –
HEMALI PIYUSHKUMAR SURATI Promoter Exited / below 1% 0.16%0.00 0.16%0.00 0.16%0.00 0.16%0.00 0.16%0.00 0.16%0.00 0.16%0.00 – –
Investor Education and Protection Fund Public Exited / below 1% – – – 1.58%0.01 1.58%0.01 1.52%0.01 1.49%0.01 – –
DEVAL DEVANSHU GANDH Promoter Exited / below 1% – 0.82%0.01 0.82%0.01 0.82%0.01 0.82%0.01 0.82%0.01 – – –
VIRENDRA RAMCHANDRA GANDHI HUF Promoter Exited / below 1% 1.67%0.01 1.67%0.01 1.67%0.01 1.67%0.01 1.67%0.01 – – – –
KIFS TRADE CAPITAL PRIVATE LIMITED Public Exited / below 1% – – – 1.35%0.01 1.14%0.01 – – – –
Investor Education and Protection Fund (IEPF) Public Exited / below 1% 1.59%0.01 1.58%0.01 1.58%0.01 – – – – – –
RAJESH R. GANDHI HUF Promoter Exited / below 1% 0.87%0.01 0.87%0.01 – – – – – – –
SHRI GAUTAM GHANDHAR ADVISORS LLP Public Exited / below 1% – 1.02%0.01 – – – – – – –

Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.

whatsapp