Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No.: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, Vipul Organics has informed that the Board of Directors of the Company at its meeting held today Tuesday, 17th October, 2023, considered and allotted 1,00,000 Equity Shares of Rs 10 each of the Company upon conversion of 1,00,000 Warrants issued on preferential basis at an issue price of Rs 111 each (including premium of Rs 101 per warrant), as approved by the members of the Company in their Extra Ordinary General Meeting held on 17th May, 2023 to 3 investors in promoter group category. After the above allotment, the paid-up equity share capital of the Company stands increased to Rs 12,91,18,750 divided into 1,29,11,875 Equity Shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
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