Vipul has received approval to raise funds through issuance of Non-Convertible Debentures (NCDs) to the tune of Rs 750 crore on private placement basis in one or more tranches/ series on private placement basis. The Board of directors of the company at their meeting held on August 14, 2018, approved the same.
Vipul is a leading Real Estate Developer in NCR and is developing properties in Gurugram, Ludhiana, Bawal, Bhubaneshwar and Faridabad.