Vipul Organics Ltd — Important, 14-08-2026: Company Update

Vipul Organics has filed its report on the utilization of funds from its preferential issue, confirming no deviation for the quarter ending June 30, 2026. Out of the 27.54 Cr raised, the company utilized 10.66 Cr for upgrading its manufacturing facilities at Saykha, Gujarat, and 6.88 Cr for general corporate purposes during the quarter. No funds were used for debt reduction in this period. The total issue size was adjusted from an initially approved 35.24 Cr to 27.54 Cr due to non-participation, a change previously communicated to stakeholders.