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Synopsis As per Chittilappilly, the K Chittilappilly Foundation (KCF) was formed to undertake charitable and philanthropic activities and had decided to execute a signature project named Chittilappilly Square (CS). Based on the weighted average price of V-Guard Industries at Rs 225.15 per equity share on February 17, 2021, sale of 40 lakh shares is estimated at Rs 90 crore. NEW DELHI: Electrical appliances manufacturer V-Guard Industries promoter and chairman emeritus Kochouseph Chittilappilly has sold 40 lakh shares in the company worth Rs 90 crore to fund social causes. The sale of 40 lakh shares of V-Guard lndustries Ltd executed on February 17, 2021 was to raise funds for two initiatives I have undertaken as part of my commitment to social causes, Chittilappilly said in a regulatory filing. ....