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Vishal Fabrics sells 1,016,000 equity shares to promoter group


A part of the India-based Chiripal Group, and a denim manufacturing and fabric processing unit incorporated in 1985, Vishal Fabrics has sold 1,016,000 equity shares to promoter group Savitridevi V Chirpal. This increased the group’s share in the company by 1.54 per cent. The group purchased 511,000 equity shares on August 12, 2021, and subsequently another 505,000 shares on August 23. The total trades executed by the promoter group included 1,016,000 equity shares.

VFL constantly strives to improve and innovate with wider fabric manufacturing capacity and carbon-reducing technology across its processing units. The company’s state-of-the-art manufacturing facilities are equipped with the latest technology and deliver innovative products that adhere to international quality standards. Over the years, the company has managed to emerge as a pioneer in the textile industry, setting new standards of excellence.