Vishal Fabrics Limited, a denim manufacturing and fabric processing entity formed in 1985 and part of the India-based Chiripal Group, reported this month that its promoters had increased their interests in the company by purchasing 10,16,000 equity shares on the open market. The promoters' stake in the company has increased by 1.54%.
On August 12, 2021, VFL's Promoter Group Savitridevi V Chiripal purchased 5,11,000 equity shares, followed by another 5,05,000 shares on August 23. As per the media release the company, the promoter group conducted a total of 10,16,000 equity share trades, the respective disclosures for each trade have been duly lodged with the Stock Exchange.
With its expanded fabric manufacturing capacity and carbon-reducing technology across its processing units, VFL is continually striving to improve and innovate, stated the company in its media release.
VFL’s cutting-edge manufacturing facilities are outfitted with cutting-edge technology and produce cutting-edge goods that meet international quality requirements. Over the years, the company has established itself as a leader in the textile industry, setting new benchmarks for quality.
