VIP Clothing share news and announcements
NSE: VIPCLOTHNGBSE: 532613Textiles & ApparelsSmall Cap
Formerly Maxwell Industries
Last close ₹17.21down ₹0.81 (4.50%)BSE ₹17.29
Share price at the NSE close on 23 Oct 2026. Previous close ₹18.02.
52-week range of traded prices to 23 Oct 2026
₹14.05Low, 30 Mar 2026₹37.55High, 5 Dec 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹155 Cr2,359th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 16.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 5.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 7.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 May 2026
- 0.34
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 71,85676.8% delivered
VIP Clothing share news and announcements
585 announcements, routine notices left out, newest first. Page 12 of 12.
May 2009
19 May · Board meeting
The Board of Directors of the Company at its meeting held on May 19th , 2009 considering the routine item of agenda, has accepted the resignation of Mr Deepak Maheshwari, Director of the Company representing the Reliance Capital Partners and appointed Mr Manish Chhajed as an additional director of the Company in his place and hold the office upto the date of next Annual General Meeting.11 May · Board meeting
Wherein among other routine item of agenda, to consider the resignation of one of the director of the Company and to appoint additional director in his place.
Apr 2009
22 Apr · Results
The Company proposes to publish the Audited Financial Results for the quarter and year ended on March 31, 2009 on or before June 30, 2009.As such the Company does not propose to publish the Un-audited Financial Results for the quarter and year ended March 31, 2009 on or before April 30, 2009
Feb 2009
13 Feb · Disclosure
Disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Feb · Updates
Name of the Intime Spectrum Registry Limited, the Registrar and Transfer Agents (RTA) of the Company has been changed to Link Intime India Private Limited. The details of the RTA to enable the Shareholders/ Investors are as follows: Link Intime Private Limited (formerly Intime Spectrum Registry Limited), C-13, Pannalal Silk Mills Compound, LSB Marg, Bhandup (W) Mumbai- 400 078, Tel: (022) 2594 6970, Fax: (022) 2594 6969, Email:- [email protected]
Jan 2009
13 Jan · Board meeting
Meeting on 23 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Oct 2008
10 Oct · Board meeting
To approve and take on records the Un-audited Financial Results of the Company for the Quarter and Half year ended September 30, 2008.
Sep 2008
10 Sep · Delisting of shares
Company's Equity Shares have been delisted from the Over the Counter Exchange of India (OTCEI) with effect from 10th September, 20081 Sep · Meeting
Proceedings of Annual General Meeting of the Company held on August 29, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2008
8 Aug · Meeting
Annual General Meeting of the members of the Company will be held on August 29, 2008.
Jul 2008
31 Jul · Corporate action
Register of Members and Share Transfer book will remain closed from August 21, 2008 to August 29, 2008 (both the days inclusive). This book closure is both for the purpose of Annual General Meeting (AGM) and for declaration of dividend.9 Jul · Board meeting
Inter alia to approve and take on records the un-audited financial results of the Company for Quarter ended June 30, 2008 and discuss the resignation received from the Managing Director of the Company and to appoint new managing director (subject to approval by members) of the Company if Board accepts the resignation of Managing Director.8 Jul · Management
Company has received the communication from Shri L. Jaipal Reddy - Managing Director of the Company resigning from the position of Directorship. The Board of Director of the Company in its next Board Meeting will consider the matter of resignation of Shri L. Jaipal Reddy.2 Jul · Board meeting
Board of Directors of the Company at its meeting held on June 30, 2008 approved the following: 1) De-listing of Equity shares from Over the Counter Exchange of India (OTCEI) 2) Inter-se transfer of Equity Shares between the Promoters of the Company upto the date of Board Meeting. 3) Consider and accepted the resignation received from Shri. L. Vinay Reddy Director of the Company.1 Jul · Dividend
Board of Directors of the Company at its meeting held on June 30, 2008 has : (1) Recommended 5% (Rs. 5/- per preference share of Rs. 100/- each) dividend on Redeemable Preference Shares for the financial year 2007-08. (2) Recommended 22.50% (45 paise per equity shares of Rs. 2/- each) final dividend on equity shares for the financial year 2007-08.
Jun 2008
20 Jun · Board meeting
Interalia to approve and take on records the audited Financial Results of the Company for Year ended March 31, 2008 and declaration of dividend if any.
May 2008
15 May · Board meeting
Board of Directors of the Company at its meeting held on May 15, 2008 has approved the following: 1) Renewal of Banking facility. 2) The inter se transfer of shares between promoters.13 May · Board meeting
To transact business relating to approval of the sanction received from the bank on renewal of working capital facility and also various facilities received from the bankers and also to discuss the inter-se-transfer of shares among the promoters of the Company.12 May · Disclosure
Sunil J Pathare along with Shri Jaykumar K. Pathare, Shri Jaykumar K. Pathare (HUF) and Shri Kapil J. Pathare proposes to acquire 1,99,99,906 Equity shares aggregating to 31.71% of the shares/voting rights of Maxwell Industries Limited from Shri L. Vinay Reddy, Shri L. Prashant Reddy, Smt L. Shobha Reddy, Smt. L. Taruna Reddy, L. Jaipal Reddy (HUF), L. Venkat Reddy (HUF) and Maxwell Capital Management Pvt Ltd. The mode of proposed acquisition is by way of Inter-se transfer, subject to such approval as may be required and the date of proposed acquisition is May 16, 2008 onwards. The Acquisition price per share is at the Market Price. The shareholding of Shri Sunil J Pathare alongwith Shri Jaykumar K. Pathare, Shri Jaykumar K. Pathare (HUF) and Shri Kapil J. Pathare after the proposed acquisition would be 3,44,78,181 shares aggregating to 54.66% of the shares/voting rights of Maxwell Industries Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2008
24 Apr · Results
The Company proposes to publish the Audited Financial Results for the quarter and year ended on 31st March 2008 on or before 30th June 2008. As such the Company does not propose to publish the Un-audited Financial Results for the quarter and year ended on 31st March, 2008 on or before 30th April 2008
Jan 2008
29 Jan · Board meeting
Board of Director of the Company at its meeting held on January 29, 2008 has approved the following: 1)Appointment of Mr. Deepak Maheshwari on the Board of directors as an additional director under section 260 of the Companies Act, 1956 to hold office till the next Annual General Meeting of the Company. 2) Noting of final order received from the Hon'ble High Court of Bombay regarding withdrawal of petition with respect to Merger / Amalgamation of M/s Lovable Lingerie Pvt. Ltd. & M/s Microtex India Ltd with the Company.18 Jan · Board meeting
Meeting on 29 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”4 Jan · Meeting
Proceedings of Adjourned 16th Annual General Meeting of the Equity Shareholders of the Company held on December 28, 2007 and a copy of the Proceedings of 17th Annual General Meeting of the Equity Shareholders of the Company held on December 28, 2007. ". A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Jan · Updates
Maxwell Industries Limited had informed the Exchange that "Company has received the communication from the Advocate (appointed for the Merger/ Amalgamation) that Hon'ble High Court of Bombay permitted the withdrawal of the above petition and accordingly petition of the Transferee Company i.e. Maxwell Industries Limited also stands disposed off". The Company has now informed the Exchange that "Company has received the copy of final order of Hon'ble High Court of Bombay dated 31st December 2007, disposing off the petition and application of M/s Lovable Lingerie Private Limited and M/s Microtex India Limited regarding the scheme of amalgamation with the Company".
Dec 2007
24 Dec · Updates
Maxwell Industries Limited had informed the Exchange that an intimation was received from the Promoter Directors of the Company, who are also Directors on the Board of Lovable Lingerie Private Limited (LLPL) and Microtex India Limited (MIL) that the Merger/Amalgamation of LLPL & MIL should not be pursued further, as the effective date of scheme of amalgamation has already been expired. The Company had further informed the Exchange that LLPL & MIL will move to the Hon'ble High Court of Bombay for withdrawing the scheme of amalgamation with the Company and also seeking the direction of Hon'ble High Court of Bombay to dismiss the application and dispose of petition. The Company has now informed the Exchange that: "Company has received the communication from the Advocate (appointed for the Merger/Amalgamation) that Hon'ble High Court of Bombay permitted the withdrawal of the above petition and accordingly petition of the Transferee Company i.e. Maxwell Industries Limited also stand disposed off".24 Dec · Results
Result of the Postal Ballot for sale / lease / dispose of the land, building, plant & machinery of the Company's unit at Trans Thane Creek (TTC) under section 293(1) (a) of the Companies Act 1956 has been declared on December 21, 2007. More than 75% of responses received from the members are in favour of the resolution and as such the Special Resolution has been certified by the scrutinizer Mr. V. D. Goray, as passed by requisite majority. The details of the result of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Dec · Business
"The Company has received an intimation by way a letter dated 12 th December, 2007 from Promoter Directors of the company, who are also Directors on the Board of M/s Lovable Lingeries Private Limited(LLPL) and M/s Microtex India Limited (MIL). They have intimated us us that they have attended the Board and Shareholders meeting on 11th December, 2007 of the M/s. Lovable lingeries Private Limited and M/s Microtex India Limited where the matter relating to the of Merger/amalgamation with the Company under provision of section 391 to 396 of the Companies Act, 1956 was discussed and decided that the said Merger/Amalgamation should not be pursued further as the effective date of scheme of amalgamation has already been expired. It was further intimated that M/s. Lovable Lingeries private Limited and M/s. Microtex India Limited has further discussed, that the petition for Merger/Amalgamation pending before Hon'ble High Court of Bombay be withdrawn and to seek the direction of Hon'ble High Court of Bombay to dismiss the application and dispose of petition for Merger/amalgamation with Company. The company propose to call a Board Meeting to discuss this matter.
Nov 2007
28 Nov · Meeting
Board of Director of the Company at its meeting held on November 27, 2007 has approved the following: 1) To decide on the closure of Register of Members and Share Transfer books for 8 days from December 21, 2007 to December 28, 2007 (both days inclusive) and approve publication of Notice for Book Closure. The book closure is both for the Annual General Meeting and for the declaration of dividend. 2) To re-convene the adjourned 16th Annual General Meeting on December 28, 2007. 3) To convene the 17th Annual General Meeting on December 28, 2007 at 11.00 a.m. or after conclusion of the adjourned 16th Annual General Meeting of the company whichever is earlier.27 Nov · Dividend
Board of Director of the Company at its meeting held on November 27, 2007 has approved the following: A final dividend of 10% on the equity shares of the Company was recommended by the Board to be placed in front of the shareholders in their meeting for approval (An interim dividend @ 10% on equity shares has already been declared by the Company in the year 2006-07). A dividend account is also to be opened with any of the banks to facilitate the distribution of dividend payment to the shareholders.23 Nov · Board meeting
To conduct the following Business: (1) To consider and decide the re-convening of the 16th Annual General Meeting for the Financial Year 2005-06, fix the day, date, time and venue of the meeting and to consider and approve the draft notice for re-convening the Annual General Meeting of the Company. (2) To adopt the accounts for the Financial year 2006-2007 and consider the Dividend to be paid for that period, if any. (3) To consider and decide the convening of the 17th Annual General Meeting for the Financial Year 2006-07, fix the day, date, time and venue of the meeting and to consider and approve the draft notice for convening the Annual General Meeting of the Company. (4) To consider and decide on the closure of Register of Members and Share Transfer Books23 Nov · Redemption
The Company had entered into a Share Subscription cum Shareholder Agreement with Reliance Capital Partners on 19th May 2006 to issue 10% Optionally Convertible Preference Share (OPCS) for a period of 18 months. According to the terms of the agreement, the shareholder had the option to either convert its Preference Shares to Equity Shares or Redeem its Preference Shares at the end of 18 months i.e. 18th November 2007. The Board of Directors of the company in their meeting held on 31st October 2007 considered the matter and approved the redemption of OCPS shares along with dividend and other appropriations if the shareholders exercise their option to redeem the shares or convene a Board Meeting for the issue of equity shares against the OCPS in case the shareholders exercise their option to convert the shares to equity. Reliance Capital Partner communicated to the Company that they would opt for redemption of the OCP Shares. Accordingly the Company has redeemed the OCPS held by Reliance Capital Partners20 Nov · Meeting
Pursuant to section 192A of the Companies Act 1956, read with the Companies (Passing the Resolution by Postal Ballot) Rules2001, the consent of the shareholders for the following purpose is required to be obtained by means of postal ballot. (1) Special Resolution in terms of Section 293(1) (a) of the Companies Act 1956. The Company has appointed Mr. V.D. Goray, Practicing Company Secretary as Scrutinizer for conducting the postal ballot process in a fair and transparent manner. The postal ballot form duly completed should reach the scrutinizer, on or before December 17, 2007.The Scrutinizer will give his report to the Chairman after completion of the scrutiny and results of the Postal Ballot will be announced by the Chairman on December 21, 2007. A copy of the Notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Nov · Board meeting
Board of Director of the Company at its meeting held on October 31, 2007 has approved the following : 1) To conduct the Postal Ballot for the sale / lease / dispose of the land, plant & machinery of the unit of the Company at Trans Thane Creek (TTC) under section 293(1)(a) of the Companies Act, 1956.
Oct 2007
23 Oct · Board meeting
Meeting on 31 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
Sep 2007
21 Sep · Extension
Vide its letter dated September 20, 2007 that: "Maxwell Industries Ltd. has made application to the Hon'ble High Court of Bombay for the merger of Lovable Lingerie Private Limited and Microtex India Limited with the Company w.e.f 01.10.2005 & 01.04.2006 respectively. As the merger is pending with the Hon'ble High Court of Bombay, the accounts of the Company could not be finalised. The Company has thus applied to the Registrar of Companies, Maharashtra on 18th September 2007 for the extension of time for holding its ensuing Seventeenth Annual General Meeting for the Financial Year ended 31st March 2007, upto 30th December 2007. Please note that the last Annual General Meeting of the Company for the Financial Year ended on 31st March 2006 was held on 25th September 2006."