V R Woodart Ltd. announced the receipt of an Initial Public Announcement on March 7, 2025, regarding the intention of Ms. Minal Patil and Ms. Maddukuri Mounica to acquire 1,06,50,070 equity shares (26.00%) of the company, carrying out transactions worth ₹27,32,40,000 and ₹8,97,60,000 respectively.