Vishal Fabrics

Vishal Fabrics received a final order from the Office of the Commissioner (Appeals) Central GST, Ahmedabad, determining that a previously imposed GST penalty of ₹21.35 crore stands at zero. The company had disclosed the initial demand in December 2025 and a revised penalty in March 2026. The appellate authority’s decision removes a contingent liability that had been hanging over the textile manufacturer.

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July 7 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• VISHAL FABRICS - RECTIFICATION ORDER REVISES PENALTY TO 213.6 MILLION RUPEES

Source text: ID:nBSE29k0FB

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Vishal Fabrics Ltd disclosed that its promoter group members Vedprakash Chiripal and Savitridevi Chiripal received a final order from the Securities and Exchange Board of India dated June 30. The regulator imposed a monetary penalty of Rs 5 lakh on each individual and restrained them from accessing the securities market or dealing in securities for four years from the date of the order. The company stated that the action is not expected to have any material financial or operational impact and that the promoter group reserves the right to appeal before the Securities Appellate Tribunal and the Supreme Court.

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June 24 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• VISHAL FABRICS - REPORTS FIRE INCIDENT AT AHMEDABAD FACTORY ON JUNE 23, 2026

• VISHAL FABRICS - NO CASUALTIES OR INJURIES REPORTED FROM FIRE INCIDENT

• VISHAL FABRICS - OPERATIONS FULLY RESTORED SAME DAY AFTER FIRE INCIDENT

• VISHAL FABRICS - COMPANY EXPECTS NO MATERIAL FINANCIAL IMPACT FROM FIRE INCIDENT

Source text: ID:nBSElHZCg

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May 20 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• VISHAL FABRICS LTD MARCH-QUARTER CONSOL PROFIT FROM CONTINUING OPERATIONS 89.3 MILLION RUPEES

• VISHAL FABRICS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.48 BILLION RUPEES

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Feb 10 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• VISHAL FABRICS DEC-QUARTER CONSOL PROFIT 77.8 MILLION RUPEES

• VISHAL FABRICS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.24 BILLION RUPEES

Source text: ID:nBSE6SmnTc

Further company coverage: VIFA.BO

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March 19 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• ACQUIRES SHARES OF QUALITY EXIM FOR 49.9 MILLION RUPEES

Source text: ID:nBSE4cdHr7

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Feb 4 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• DEC-QUARTER CONSOL PROFIT 95.9 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.04 BILLION RUPEES

• RESIGNATION OF VINAY THADANI AS CEO

• APPOINTMENT OF SUKETU SHAH AS CEO

Source text: ID:nBSE2L8lwY

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Oct 25 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• SEPT-QUARTER CONSOL PROFIT 72.8 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.85 BILLION RUPEES

Source text for Eikon: ID:nBSE7GB262

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May 9 (Reuters) -

• VISHAL FABRICS LTD - CYBER-ATTACK INCIDENT OCCURRED, WHEREIN OUR COMPANY'S IT INFRASTRUCTURE WAS TARGETED BY A RANSOMWARE ATTACK

• VISHAL FABRICS LTD - TECHNICAL TEAM ALONG WITH A SPECIALIZED TEAM OF EXTERNAL EXPERTS ARE WORKING ACTIVELY TO RESTORE AFFECTED SYSTEM

Source text for Eikon: ID:nBSEH0dbv

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Feb 6 (Reuters) - Vishal Fabrics Ltd VIFA.BO:

• VISHAL FABRICS DEC-QUARTER PROFIT 78.5 MILLION RUPEES VERSUS PROFIT 120.3 MILLION RUPEES

• VISHAL FABRICS DEC-QUARTER REVENUE FROM OPERATIONS 4.01 BILLION RUPEES VERSUS 3.85 BILLION RUPEES

Source text for Eikon: [ID:]

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Nov 6 (Reuters) - Vishal Fabrics Ltd VIFA.NS:

• INDIA'S VISHAL FABRICS SEPT-QUARTER PROFIT 44.5 MILLION RUPEES VERSUS PROFIT 111.6 MILLION RUPEES

• VISHAL FABRICS SEPT-QUARTER REVENUE FROM OPERATIONS 3.09 BILLION RUPEES VERSUS 3.43 BILLION RUPEES

Source text for Eikon: ID:nBSE7KsnVZ

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Aug 1 (Reuters) - Vishal Fabrics Ltd VIFA.NS:

• INDIA'S VISHAL FABRICS JUNE-QUARTER PROFIT 23.2 MILLION RUPEES VERSUS PROFIT 189.6 MILLION RUPEES

• VISHAL FABRICS JUNE-QUARTER REVENUE FROM OPERATIONS 3.28 BILLION RUPEES VERSUS 4.42 BILLION RUPEES

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Adds details on stock manipulation, SEBI's caution and details of its past actions

BENGALURU, June 21 (Reuters) - India's markets regulator on Wednesday issued an interim restraining order on 135 entities accessing the securities market and fined them about 1.26 billion rupees ($15.36 million for making wrongful gains from alleged stock manipulation of small-cap companies through bulk messages.

In its investigation, the Securities and Exchange Board of India (SEBI) found a set of entities manipulating shares of five listed companies - Mauria Udyog MAUR.BO, 7NR Retail NRRE.BO, Darjeeling Ropeway Co DARJ.BO, GBL Industries GBLI.BO and Vishal Fabrics VIFA.NS.

The entities first pushed up stock prices by trading among themselves and followed it up by sending "buy" recommendations to the public through bulk messages via texts and websites, the regulator said.

As the stocks rose, the entities booked substantial gains which were transferred back through a web of entities, the SEBI added.

The regulator also issued a caution for the wider public.

"General public is cautioned to be aware of such fraudulent activities being carried out through SMS messages, various websites, social media like Telegram, Instagram, YouTube and are further advised to deal only with SEBI registered intermediaries," it said.

SEBI has already been cracking the whip on false stock recommendations through social media platforms, and had, in April, barred six individuals from the securities market for one to three years for passing false tips on Telegram.

The regulator also plans to strengthen its norms to prevent suspicious trading activities, typically associated with front running, insider trading and share price manipulation.

($1 = 82.0154 Indian rupees)

(Reporting by Ira Dugal in Mumbai and Sethuraman NR in Bengaluru; Editing by Sohini Goswami)

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March 31 (Reuters) - Vishal Fabrics Ltd VIFA.NS:

• ENTERED INTO A JOINT VENTURE OPERATION WITH TEXWORLD FASHIONS

• JV FOR CO UNIT AT AHMEDABAD

Source text for Eikon: ID:nBSE2dQRPC

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