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Incorporated in 1991, Vipul Ltd is in thebusiness of Real Estate Development
Vipul Limited is responding to Registrar of Companies (ROC) queries on CSR compliance for FY20-21 and FY21-22. The company maintains compliance and is providing necessary clarifications.
Vipul Limited identified discrepancies in share acquisition data submitted by Algoquant Fintech, which does not align with its own records. Vipul has sought clarification from Algoquant to reconcile shareholding details and is awaiting their response to ensure accurate records.
Vipul Ltd cannot convene its Audit Committee and Board Meeting to approve financial results. The company cites its MD, CEO & CFO's judicial custody as the reason, causing difficulties in finalizing results. Vipul is evaluating interim arrangements.
Vipul Limited sold its 50% stake in associate High Class Projects to Expertpro Realty for ₹4.375 Cr. The divested associate contributed ₹3.37 Cr to turnover and ₹3.38 Cr in losses last year, ceasing its associate status.
Vipul Ltd confirms non-submission of the Business Responsibility and Sustainability Report for FY24-25. The company is not among the top 1000 listed entities by market capitalization as of March 31, 2025, exempting it from this requirement.