Vipul Organics has informed that the Board of Directors of the Company at its meeting held today Monday, 28th February, 2022, considered the following matters: Allolted 3,34,000 Equity Shares of Rs 10 each of the Company at an issue price Rs 111 each (including premium of Rs 101 per share) upon conversion of 3,34,000 Warrants issued on preferential basis, as approved by the members of lhe Company in their Extra Ordinary General Meeting held on 30ih January, 2021 to the promoter and promoter group of the Company. After the above allotment, the paid-up share capital of lhe Company stands increased to Rs. 10,24,95,000 divided into 1,02,49,500 Equity Shares of Rs. 10 each; Decided to adopt new set of Article of Associations of the Company lo align it with the provisions of U1e Companies Act, 2013, subject to the shareholders' approval.
The above information is a part of company’s filings submitted to BSE.