The Economic Times

Vadilal Enterprises blocks renewal of key 10-year pact with ice cream maker Vadilal Industries

Vadilal Industries' domestic distribution faces change as an agreement expires soon. Vadilal Enterprises cannot renew the sales and distribution pact on current terms. This development arises from a lack of required approvals from its public shareholders. Vadilal Industries is now evaluating next steps to ensure business continuity. The company is taking measures to safeguard its interests and shareholder value.