VIP Industries Share Price in Focus; Discloses Tax Inspection, Company Says No Material Financial Impact

VIP Industries Limited has filed a Regulation 30 disclosure with the NSE and BSE, informing investors about an ongoing inspection/search proceeding initiated by the Maharashtra state tax department at its registered office and manufacturing unit in Nashik. 

Inspection Proceedings Initiated By Tax Authority 

On February 24, 2026 the Assistant Commissioner of State Tax, Maharashtra, began an inspection under Section 67 of the Maharashtra Goods & Service Tax Act, 2017. The action targets the company’s premises at DGP House, Old Prabhadevi Road, Mumbai and its Nashik manufacturing unit. 

Nature Of Action And Current Status 

The tax authority has not yet communicated any specific violation. VIP Industries is providing full cooperation, and the inspection remains ongoing. No material impact on the company’s financial results, operations or cash flow has been identified to date. 

At present there is no quantifiable monetary effect arising from the inspection. Should any material development occur, the company will issue a further disclosure in line with SEBI Listing Regulations. 

Read More: Zydus Lifesciences’ Share Price in Focus; Ahmedabad Injectable Facility Clears USFDA Inspection! 

Regulatory Compliance And Disclosure Details 

The announcement complies with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements and includes Annexure A, which outlines the authority’s name, the legal basis for the action and the date of receipt of the order. 

V.I.P. Industries Share Price Performance  

As of February 25, 2026, at 10:27 AM, V.I.P. Industries share price on NSE was trading at ₹367.00 up by 0.20% from the previous closing price. 

Conclusion 

VIP Industries’ tax inspection by the Maharashtra State Tax Department is proceeding without immediate financial repercussions, and the company remains in full compliance with regulatory disclosure norms. 

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