Promoters: Promoters cash in on rally, offload company shares indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Vedant Fashions: Ravi Modi Family Trust, acting through its trustee, Modi Fiduciary Services, is one of the promoters. It has proposed to sell up to 1,69,94,600 shares on May 18 for non-retail investors.
Vedant Fashions Ltd (VFL), the owner of Manyavar ethnic wear brand, announces a promoter's plan to sell a 7% stake for at least Rs 1,962 crore. Get the latest updates on the sale.
Ravi Modi Family Trust, the promoter entity which will be selling its shares in the OFS on May 18-19, held a stake of 67.07 percent stake in Vedant Fashions as of March 31, 2023.