Aniruddha JainVadilal Industries Limited (“VIL”) has long been synonymous with India’s ice‐cream market. In March 2025, the promoters of VIL—the Gandhi Family—finally resolved their intra‐family disputes and announced a comprehensive restructuring of both governance and corporate entities. Alongside a family arrangement to strengthen board independence and funding frameworks, VIL has approved a composite amalgamation (“Scheme”) to consolidate several promoter‐held ...
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