Vipul Limited — Board Meeting, 10-12-2024: Outcome of Board Meeting

The Board of Directors has approved raising funds through the issuance of equity shares worth up to ₹49.75 Crores via a rights issue, subject to regulatory approvals. A "Rights Issue Committee" has been formed to oversee the process and determine key aspects of the issuance. Additionally, Mrs. Minaxi Manoj Pareek has been appointed as a Non-Executive Independent Additional Director, effective immediately, until the next Annual General Meeting. This strategic move reflects the company's focus on enhancing its governance and operational efficacy.