Vipul Limited — Capital/Financing Update 2024

Mar 5, 2024

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Ref. No. VIPUL/SEC/FY2023-24/2221	March 05, 2024
The Secretary BSE Limited, (Equity Scrip Code: 511726) Corporate Relationship Department, At: 1STFloor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street,Fort,Mumbai-400001	The Manager (Listing) National Stock Exchange of India Limited, (Equity Scrip Code: VIPULLTD) Exchange Plaza, Bandra Kurla Complex, Bandra, Mumbai-400051

Subject: Outcome of Board Meeting held on Tuesday, March 05, 2024, in terms of the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/Madam,

This in continuation our letters no. Ref. No. VIPUL/SEC/FY2024-24/2220 dated February 27, 2024, pursuant to the provisions of Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. Tuesday, March 05, 2024 through audio visual means of communication has considered and approved, inter alia, subject to the approval of the members in the Extra-Ordinary General Meeting and appropriate authorities, issuance of upto 2,10,00,000 (Two Crore Ten Lakhs) equity shares of face value of Rs. 1/- each at a price of Rs. 23.70/each [Rupees Twenty Three Decimal Seventy Only] (including premium of Rs. 22.70/- each [Rupees Twenty Two Decimal Seventy Only]) or at a price being not lower than the minimum price determined in accordance with the Regulations for Preferential Issue contained in Chapter V of SEBI (ICDR) Regulations, 2018 as amended, whichever is higher, on a preferential basis to the Non-Promoter as detail provided under Annexure-I .

The details in respect of the Preferential Issue, as required to be disclosed under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 on disclosure of material events/ information by listed entities, dated July 13, 2023 (“ SEBI Disclosure Circular ”) is set out below at Annexure – I .

Further, pursuant to the provisions of Regulations 30 of the Listing Regulations, we would like to inform you that the Board of Directors of the Company inter-alia considered & approved the following:

1. Pursuant to the MCA Circulars and SEBI Circulars issued from time to time, to convene the ensuing Extra-Ordinary General Meeting of the Company on Friday, March 29, 2024 at 12:00 Noon through video conferencing (VC)/ other audio-visual means (OAVM), to seek necessary approval of the shareholders of the Company, for the Preferential Issue. The deemed venue for the EGM shall be the Registered Office of the Company i.e. Unit No. 201, C-50, Malviya Nagar, New Delhi-110017.

2. The Company has fixed Friday, March 22, 2024 as the "Cut off Date" for determining the eligibility of members to vote by remote e-voting or e-voting at the ensuing Extra-Ordinary General Meeting.

3. Pursuant to Regulation 42 of Listing Regulations, the Register of Members and Transfer Books of the Company shall remain closed from Friday, March 22, 2024 to Friday, March 29, 2024, both days inclusive, for taking record of the Members of the Company for the purpose of ensuing ExtraOrdinary General Meeting.

SUNIL Digitally signed by SUNIL Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 KUMA KUMAR Date: CIN: L65923DL2002PLC167607 2024.03.05 R 16:19:26 +05'30'

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Symbol Type of Book Closure both Cut-off date Purpose
Security days inclusive
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Symbol Type of Security Book Closure both days inclusive Cut-off date Purpose	Symbol Type of Security Book Closure both days inclusive Cut-off date Purpose	Symbol Type of Security Book Closure both days inclusive Cut-off date Purpose	Symbol Type of Security Book Closure both days inclusive Cut-off date Purpose	Symbol Type of Security Book Closure both days inclusive Cut-off date Purpose
NSE- VIPULLTD BSE-511726	Equity Shares	Friday, March 22, 2024 to Friday, March 29, 2024, for the purpose of EGM	Friday, March 22, 2024, for determining the eligibility of members to vote by remote e-voting or e-voting at EGM	For 1STExtra- Ordinary General Meeting for the financial year 2023-24

1. Approved and fixed the e-voting period which would begin on Monday, March 25, 2024 from 9:00 A.M. and would end on Thursday, March 28, 2024 upto 5:00 P.M in respect of the businesses to be conducted at the ensuing Extra-Ordinary General Meeting. The Company will be availing remote e- voting system for casting vote during EGM of National Securities Depository Limited (NSDL). Additionally, the Company will be providing e-voting system for casting vote during the EGM.

2. Appointment of M/s. AVA Associates through its Partner Mr. Amitabh, Practicing Company Secretary (Membership No. A14190, COP No. 5500), as scrutinizer for analyzing E-voting at the ensuing Extra-Ordinary General Meeting.

3. The details such as manner of (i) registering / updating - email address (ii) casting vote through e- voting and (iii) attending the EGM through VC / OAVM has been set out in the Notice of the EGM. The notice of ensuing EGM shall be sent through electronic mode only to those members whose email addresses are registered with the Company / Depository Participant and will also be available on the Company's website i.e. www.vipulgroup.in, websites of the Stock Exchanges where the shares of the Company are listed, i.e. BSE Limited and National Stock Exchange of India Limited, at www.bseindia.com and www.nseindia.com respectively and on the website of NSDL at www.evoting.nsdl.com in due course of time.

The meeting commenced at 12:30 p.m. and concluded at 16:15 p.m.

You are requested to take the same on your record.

Thanking you, Yours faithfully, For Vipul Limited SUNIL Digitally signed by SUNIL KUMAR KUMAR Date: 2024.03.05 16:19:52 +05'30' (Sunil Kumar) Company Secretary A-38859

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607

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Annexure – I

Disclosure in terms of Regulation 30 of the SEBI Listing Regulations read with the SEBI Disclosure Circular on Continuous Disclosure Requirements concerning the issue of equity shares on a preferential basis:

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Sr. Particulars Details
No.
1. Type of securities proposed to be issued Equity Shares
(viz. equity shares, convertibles, etc.
2. Type of issuance (further public offering, Preferential Issue
rights issue, depository receipts
(ADR/GDR), qualified institutions
placement, preferential allotment etc.)
3. Total number of securities proposed to be upto 2,10,00,000 (Two Crore Ten Lakhs) equity
issued or the total amount for which the shares of face value of Rs. 1/- each at a price of Rs.
securities will be issued (approximately) 23.70/- each [Rupees Twenty Three Decimal Seventy
Only] (including premium of Rs. 22.70/- each
[Rupees Twenty Two Decimal Seventy Only])
4 In case of preferential issue the listed entity shall disclose the following details to the stock
exchange(s)
i. Number of the investors 80
ii. Name of the investors Annexure -1
Category: Non-Promoter/Public
iii. Post allotment of securities - Shall be intimated at the time of allotment of Equity
outcome of the subscription, Shares
issue price/allotted price (in
case of convertible), number
of investors
iv. In case of convertibles Not applicable
intimation on conversion of
securities or on lapse of the
tenure of the instrument
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SUNIL Digitally signed by SUNIL KUMAR Date: 2024.03.05 KUMAR 16:20:01 +05'30'

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607

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Annexure-1

Name of the investors Abhay D Musale Pranaya B Gandhi Varun Pranam Maloo Haresh Somalal Vyas Ashish Rajkumar Bagadia Pitam Goel Viral Pravinkumar Parekh Chirag B Sheth Kunal Kailash Parekh Ravi Vasudeo Goenka Sangeeta Venkatraman Navin Mahavirprasad Dalmia Absolute Returns Scheme Morde Foods Private Limited Moheet Vinodkumar Agrawal Nexta Enterprises LLP Sonali Dilip NAV Capital VCC - NAV Capital Emerging Star Fund Vineet Arora Anjali Sangtani Venkatram Mandalapu Puneet Tandon Sarvesh Shubkaran Sanghi HUF Sanjeev Kumar Singh Vivek Kumar Bhauka Wow Investments Aarson Investments Five Star Investments Sameer Pahlajani (HUF) Ten Eighty Investments Divyashri Ravichandran Divya Aggarwal Nikhil Tyagi Aditya Mittal Ankur Mittal Inspyre Capital Mohit Kumar Mittal HUF Komal Bansal Varun Bansal HUF Sanyam Jain Sandeep Verma Ridhansha Kiran Manchanda Devender Mor Ashish Jain Megha Agarwal

Digitally signed SUNIL by SUNIL KUMAR KUMAR Date: 2024.03.05 16:20:11 +05'30'

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607

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Jay Prakash Goyal Manoj Kumar Totla Roopak Mittal Ruchi Agarwal Satyam Agarwal Shrigopal Kandoi Puneet Jain Viney Equity Market LLP Manas Chadha Ayush Modi Pradeep Modi HUF Sulabh Bilotia Kamal Ahuja Narendra Kumar Daga Mohit Rateria Mugdha Biyani Mukesh Garg Muskan Gupta Nishant Khanna Sanjay Jain Sandeep Jain Praveen Gupta Sumit Gupta Monetic Worls LLP Rajasthan Global Securities Private Limited Krishiva Financials Sygific Corporate Solutions Private Limited Longview Research and Advisory Services Private Limited Sonika Chauhan Vipin Aggarwal Abhay D Musale Pranaya B Gandhi Varun Pranam Maloo Haresh Somalal Vyas Ashish Rajkumar Bagadia Pitam Goel Viral Pravinkumar Parekh Chirag B Sheth Kunal Kailash Parekh Ravi Vasudeo Goenka Sangeeta Venkatraman Navin Mahavirprasad Dalmia Absolute Returns Scheme Morde Foods Private Limited Moheet Vinodkumar Agrawal Nexta Enterprises LLP Sonali Dilip NAV Capital VCC - NAV Capital Emerging Star Fund Vineet Arora

SUNIL Digitally signed by SUNIL KUMAR Date: 2024.03.05 KUMAR 16:20:20 +05'30'

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607

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Anjali Sangtani Venkatram Mandalapu Puneet Tandon Sarvesh Shubkaran Sanghi HUF Sanjeev Kumar Singh Vivek Kumar Bhauka Wow Investments Aarson Investments Five Star Investments Sameer Pahlajani (HUF) Ten Eighty Investments Divyashri Ravichandran Divya Aggarwal Nikhil Tyagi Aditya Mittal Ankur Mittal Inspyre Capital Mohit Kumar Mittal HUF Komal Bansal Varun Bansal HUF Sanyam Jain Sandeep Verma Ridhansha Kiran Manchanda Devender Mor Ashish Jain Megha Agarwal Jay Prakash Goyal Manoj Kumar Totla Roopak Mittal Ruchi Agarwal Satyam Agarwal Shrigopal Kandoi Puneet Jain Viney Equity Market LLP Manas Chadha Ayush Modi Pradeep Modi HUF Sulabh Bilotia Kamal Ahuja Narendra Kumar Daga Mohit Rateria Mugdha Biyani Mukesh Garg Muskan Gupta Nishant Khanna Sanjay Jain Sandeep Jain Praveen Gupta

SUNIL

Digitally signed KUMA by SUNIL KUMAR Date: 2024.03.05 16:20:29 +05'30'

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607

R

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Sumit Gupta Monetic Worls LLP Rajasthan Global Securities Private Limited Krishiva Financials Sygific Corporate Solutions Private Limited Longview Research and Advisory Services Private Limited Sonika Chauhan Vipin Aggarwal

SUNIL Digitally signed by SUNIL KUMAR Date: 2024.03.05 KUMAR 16:20:41 +05'30'

Regd Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607