ALPHA TRIBE

Vipul Organics LtdImportant, 04-10-2025: Company Update

04-10-2025 | 04:53 pm

Vipul Organics' Board has approved a proposal to raise funds by issuing up to 16,70,000 new equity shares. These shares, with a face value of Rs. 10 each, will be issued at an issue price of Rs. 211 per share (including a Rs. 201 premium). This preferential issue, on a private placement basis to non-promoter investors, aims to raise approximately Rs. 35.24 crore for the company. The fundraise is subject to necessary shareholder and stock exchange approvals. This move provides significant capital for the company's future operations and growth initiatives.

No comments yet. Be the first to comment!

All announcements from Vipul Organics Ltd