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Incorporated in 1991, Vipul Ltd is in thebusiness of Real Estate Development
Vipul Limited's board approved Q3 & 9M consolidated financial results. Auditors flagged significant concerns: Rs 5.99 Cr cheques unpresented, Rs 3.28 Cr in dormant/frozen bank accounts, unprovided interest on some advances/borrowings, & pending tax deposits. These issues warrant investor attention.
Vipul Limited's board approved raising up to Rs 99.82 Cr via a preferential issue of 10.85 crore fully convertible warrants at Rs 9.20 each. These warrants can be converted into equity shares within 18 months. An Extra-Ordinary General Meeting will seek shareholder approval for this fundraising.
Vipul Limited's board has announced a meeting, approving the consolidated financial results for the quarter ended June 30, 2025. The company reported a net loss of ₹1.42 Cr on revenues of ₹1.69 Cr. Importantly, the board decided to defer its proposed fund-raising via a preferential issue. Additionally, Mr. Piyush Bairagi...
Vipul Limited's board has approved Q1 FY25 consolidated financial results, reporting a net loss of Rs 1.42 Cr versus a Rs 1.81 Cr profit last year, following a sharp decline in revenue. Notably, the board deferred its proposed fund-raising through a preferential issue. Key decisions also include the appointment of...
Vipul Limited has announced a board meeting on June 16, 2025, approving the audited financial results for the quarter and financial year ended March 31, 2025. The consolidated net loss widened to Rs 33.65 Cr versus a profit last year, hit by operational challenges and audit qualifications. No dividend was...