V.I.P. Industries Limited has announced the cessation of product sales under the ‘CARLTON’ brand, effective June 1, 2026. This decision aligns with the Supreme Court of India’s order dated August 1, 2025. The company had previously been permitted to sell remaining inventory by May 31, 2026. This move is a compliance measure with no anticipated material financial impact on the company.
Cessation of ‘CARLTON’ Brand Sales
V.I.P. Industries Limited has confirmed the discontinuation of sales for products bearing the brand name “CARLTON.” This action is in direct compliance with the directive from the Hon’ble Supreme Court of India. The company had been granted permission to sell its existing inventory under the “CARLTON” mark until May 31, 2026. According to the announcement, the company has successfully sold substantially all of this inventory by the stipulated deadline.
Compliance and Financial Impact
Effective June 1, 2026, V.I.P. Industries Limited has officially stopped and discontinued the sale of any products under the “CARLTON” brand. This measure is a direct consequence of the directions issued by the Hon’ble Supreme Court of India. The company has stated that this disclosure is being made as a matter of good corporate governance. Furthermore, V.I.P. Industries Limited anticipates no material financial impact on its operations as a result of this compliance measure.
Further Details
Additional disclosures, as required under Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further details as mandated by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are provided in Annexure 1. This annexure details the change in the status of proceedings and confirms the expected financial implications.
Source: BSE
