Vadilal Industries Cannot Renew 10-Year Vadilal Enterprises Distribution Agreement

Vadilal will not renew its 10-year domestic distribution agreement with Vadilal Enterprises expiring 30 Sept 2026 from 1 Oct, as VEL failed to secure its public shareholders' approval despite VIL approval; evaluating alternatives to ensure business continuity. Context: breaks structural reliance on related-party distributor and resolves pending AGM renewal.