The Board of V I P Industries at its meeting held on 05 January 2021 has approved the resignaiton of Sudip Ghose from the post of Managing Director and Key Management Personnel of the company with effect from 31 January 2021. The Board has appointed Anindya Dutta (DIN: 08256456) as an Additional Director of the company with effect from 01 February 2021. He is also appointed as Managing Director and Key Management Personnel of the company.

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VIP Industries announced the appointment of Anindya Dutta as the Managing Director (MD) w.e.f. 1 February 2021.

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V I P Industries Ltd lost 0.59% today to trade at Rs 362.5. The S&P BSE Consumer Durables index is down 0.04% to quote at 30382.16. The index is up 10.31 % over last one month. Among the other constituents of the index, Whirlpool of India Ltd decreased 0.53% and Titan Company Ltd lost 0.45% on the day. The S&P BSE Consumer Durables index went up 23.03 % over last one year compared to the 15.08% surge in benchmark SENSEX.

V I P Industries Ltd has lost 0.21% over last one month compared to 10.31% gain in S&P BSE Consumer Durables index and 7.36% rise in the SENSEX. On the BSE, 2049 shares were traded in the counter so far compared with average daily volumes of 27281 shares in the past one month. The stock hit a record high of Rs 519.9 on 12 Feb 2020. The stock hit a 52-week low of Rs 187.95 on 24 Mar 2020.

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Net loss of V I P Industries reported to Rs 35.39 crore in the quarter ended September 2020 as against net profit of Rs 32.92 crore during the previous quarter ended September 2019. Sales declined 75.08% to Rs 102.75 crore in the quarter ended September 2020 as against Rs 412.27 crore during the previous quarter ended September 2019.

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