Vipul Limited
Incorporated in 1991, Vipul Ltd is in thebusiness of Real Estate Development
What Vipul files
- Others59
- Important29
- Board Meeting12
- Updates3
- Results3
- JV/Acquisition1
Vipul Limited approved its Q3/9M financial results. Auditors flagged poor cash management (₹5.99 Cr unpresented cheques, ₹3.28 Cr dormant/frozen funds), non-provision of interest on certain advances/borrowings, pending loan documentation, and undeposited IT dues for FY25-26. Key concerns for investors.
Vipul Limited's board approved a preferential issue of 10.85 crore fully convertible warrants at Rs 9.20 each. This aims to raise ~Rs 99.82 Cr from promoters and public, pending shareholder approval, to fund future growth.
Vipul Ltd. secured an interim tribunal order restraining Tanamera Developments Pvt. Ltd. from selling or encumbering its assets. This protects Vipul's interests in an ongoing dispute over shareholder rights and alleged asset mismanagement.