VIP Industries Promoters Mull Stake Sale

VIPIndustries

03 October 2023, Mumbai

IN Brief

The promoters of VIP Industries Ltd., India's leading luggage and travel accessories manufacturer, are reportedly considering selling their stake in the company, according to a recent report in Live Mint.

The deal, which could also include an open offer, could be worth up to $1 billion and could see the promoters completely exit the business, one of the sources said.

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