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 board meetings
156 filed, newest first. Page 3 of 4.
Mar 2015
Feb 2015
16 Feb · Board meeting
Board of Directors of the Company at its meeting held on February 14, 2015 has approved the following: (1) Allotment of 30,00,000 warrants to the promoter and promoter group.2 Feb · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter ended December 31, 2014 and issue and allotment of Preferential warrants to promoter and promoter group.
Dec 2014
29 Dec · Board meeting
Board of Directors of the Company at its meeting held on December 25, 2014 has considered and recommended the issue of, upto 30,00,000 warrants on preferential basis convertible into equity shares of equal number within 18 months from the date of allotment of warrants to the Promoter/Promoter Group at price determined on the 'Relevant Date' in accordance with Chapter VII of SEBI ICDR Regulation, 2009 subject to approval of members through postal ballot, the stock exchange and any other approval as may be required.24 Dec · Board meeting
Inter alia, to consider and approve the Redemption of 5% Redeemable Preference Shares of the Company (second trench) and to consider the issue of warrants or any other securities on preferential basis to the Promoters / Promoter Group.
Nov 2014
14 Nov · Board meeting
Board of Directors of the Company at its meeting held on November 14, 2014 has noted and approved the following: 1. To implement the integrated SAP system in the Company in replacement of existing system in operation.5 Nov · Board meeting
Mainly to approve and take on record the un-audited financial results of the Company for the 2nd quarter and half year ended on 30th September, 2014 as per Clause 41 of the Listing Agreement. Pursuant to Regulation 12(1) of the SEBI (Prohibition of Insider Trading) Regulations, 1992, and in terms of the Company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the Company shall remain closed for all Designated Persons (as defined in the code) from November 6, 2014 till the expiry of 24 hours after the declaration of financial results.
Oct 2014
7 Oct · Board meeting
At the Meeting of Board of Directors of the Company held on October 7, 2014, have approved the Memorandum of Understanding to be executed with M/s. Nisi Metals Private Limited for the sale of Company's non-operative unit situated at C-119, TTC Industrial Area, MIDC, Navi-Mumbai, Maharashtra "as is where is basis" . The consideration for this transaction is INR 9 Crs, on the terms and condition as set out in the Memorandum of Understanding.
Aug 2014
Jul 2014
16 Jul · Board meeting
To review the general agenda of business.
Apr 2014
29 Apr · Board meeting
To approve and take on record the audited financial results of the Company for the quarter and year ended March 31, 2014 and to consider and recommend dividend on equity shares of the Company.Pursuant to Regulation 12(1) of the SEBI (Prohibition of Insider Trading) Regulations, 1992, and in terms of the Company s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the Company shall remain closed for all Designated Persons (as defined in the code) from May 05, 2014 till the expiry of 24 hours after the declaration of financial results.
Feb 2014
5 Feb · Board meeting
To approve and take on record the un-audited financial results of the Company for the 3rd quarter and nine months ended on December 31, 2013.
Oct 2013
30 Oct · Board meeting
To approve and take on record the un-audited financial results of the company for the 2nd quarter and half year ended on September 30, 2013.
Aug 2013
Apr 2013
29 Apr · Board meeting
To approve and take on record the audited financial results of the Company for the year ended March 31, 2013 and to recommend Dividend, if any.
Jan 2013
23 Jan · Board meeting
To approve and take on record the un-audited financial results of the Company for the 3rd quarter and nine months ended on December 31, 2012.
Oct 2012
26 Oct · Board meeting
To approve and take on record the un-audited financial results of the Company for the 2nd quarter and half year ended September 30, 2012.
Aug 2012
6 Aug · Board meeting
To approve and take on record the un-audited financial results of the Company for the first quarter ended on June 30, 2012.
May 2012
15 May · Board meeting
Board of Directors of the Company at its meeting held on May 14, 2012, has approved the following : (1) The Board of Directors of the Company has accepted the Resignation of Mr. Manish Chhajed as a Director of the Company w.e.f. March 17, 2012; (2) Re-appointment of Mr. Jaykumar Pathare as a Whole-Time Director of the Company w.e.f. October 01, 2011; (3) Remuneration Committee of the Company.4 May · Board meeting
To approve and take on records the un-audited financial for the quarter & audited financial results for the year ended March 31, 2012 and to recommend the dividend if any and re-appointment of Shri. Jaykumar Pathare as a Whole-Time Director of the Company for period of 5 years.
Jan 2012
31 Jan · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter and nine months ended on December 31, 2011.
Nov 2011
28 Nov · Board meeting
Board of Directors of the Company at its Meeting held on November 10, 2011, inter alia, noted that company completed the buy back of 6,29,450 - 5% Redeemable Preference Shares of Rs.100/- each of the Company.2 Nov · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter and half year ended September 30, 2011.
Sep 2011
28 Sep · Board meeting
Board of Directors of the company at its meeting held on September 28, 2011 has approved the Buy Back of 5% Redeemable Preference Shares of Rs. 100/- upto 10% of the total paid up capital and free reserve of the Company.21 Sep · Board meeting
Mainly to approve the Buy back of 5% Redeemable Preference of the Company (the security which are not listed on the exchange).
Jul 2011
28 Jul · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter ended on June 30, 2011.
Jun 2011
3 Jun · Board meeting
To consider and discuss among other thing, the restructuring of spinning business.
May 2011
18 May · Board meeting
To approve and take on record the Audited Financial Results of the Company for the year ended on March 31, 2011.
Jan 2011
25 Jan · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter and nine months ended on December 31, 2010.
Nov 2010
4 Nov · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter and half year ended September 30, 2010.
Aug 2010
3 Aug · Board meeting
To approve and take on record the un-audited financial results of the Company for the quarter ended June 30, 2010.
May 2010
18 May · Board meeting
To approve and take on record the audited financial results of the Company for the year ended on March 31, 2010
Jan 2010
29 Jan · Board meeting
Board of Directors of the Company at its meeting held on January 29, 2010 has approved the followings: (1) To alter the article of association, so as to include the article relating to buyback of its own securities; (2) Subject to approval of Members and such other statutory approval as may be required under the law to Buyback the 5% Redeemable Preference shares of the Company; (3) Issuance of Commercial Paper worth upto Rs.20.00 Crs.12 Jan · Board meeting
To approve and take on record the Un-audited Financial Results of the Company for the Quarter and nine months ended on December 31, 2009.
Oct 2009
12 Oct · Board meeting
Mainly to approve and take on records the Un-audited Financial Results of the Company for the Quarter and Half year ended September 30, 2009.
Aug 2009
20 Aug · Board meeting
Board of Director of the Company at its meeting held on August 20, 2009 has approved the following: 1) In-principal approval from Barclays bank for term loan of Rs.5.00 Crs for its knitting unit at Daman. 2) To sell/dispose of the small shed at Daman.17 Aug · Board meeting
To consider the routine item of agenda of banking and such other transaction with the permission of chair.
Jul 2009
20 Jul · Board meeting
Meeting on 28 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
Jun 2009
30 Jun · Board meeting
Board of Director of the Company at its meeting held on June 30, 2009 has approved the following: 1) Sanction letter received from State Bank of India for working capital renewal. 2) To established a Knitting Unit at Village Kanchigam, Dist. Daman.23 Jun · Board meeting
To approve and take on records the audited financial results of the Company for the year ended on March 31, 2009 and to recommend dividend if any.
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.
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.
Jul 2008
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.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.
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.