Vipul Limited — Proxy Solicitation & Information Statement 2024

Mar 22, 2024

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Ref. No. VIPUL/SEC/FY2023-24/2229	March 22, 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

Dear Sir(s),

Sub: 2[nd] Corrigendum to the Notice of 1[ST] Extra Ordinary General Meeting (“EGM”) for the FY 202324 of the shareholders of Vipul Limited to be held on Friday, March 29, 2024

Ref: Our earlier Intimation dated March 06, 2024 for EGM Notice and dated March 20, 2024 for 1[ST] Corrigendum.

This is in continuation to the Notice of 1[ST ] Extra Ordinary General Meeting for the FY 2023-24 of the Company (EGM Notice) dated March 05, 2024 and 1[ST] corrigendum dated March 20, 2024, which has already been emailed to all the shareholders of the Company on March 06, 2024 and March 20, 2024, respectively. A Corrigendum is being issued today to inform to all the Shareholders to whom the Notice of EGM has been sent regarding changes in the statements with respect to determination of price as per SEBI (ICDR) Regulations, as amended, as stated in the Notice and/or at Point No 9 of the Explanatory Statement of EGM Notice. A copy of detailed 2[nd] Corrigendum is enclosed herewith. The said Corrigendum is also being published in the respective newspapers in Hindi and English language and also being uploaded on the website of the Company.

Except as detailed in the attached Corrigendum, all other items of the EGM Notice along with Explanatory Statement dated March 05, 2024, shall remain unchanged.

This Corrigendum will also be available on the Website of the Company www.vipulgroup.in.

Please note that on and from the date hereof, the EGM Notice dated March 05, 2024 and 1[ST] corrigendum dated March 20, 2024 shall always be read collectively with this Corrigendum.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we kindly request you to take into record the above submissions and the attached Corrigendum.

Thanking you Yours faithfully For Vipul Limited SUNIL Digitally signed by SUNIL KUMAR KUMAR Date: 2024.03.22 12:28:19 +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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2[nd] CORRIGENDUM TO THE NOTICE OF THE EXTRA-ORDINARY GENERAL MEETING OF THE MEMBERS OF VIPUL LIMITED (“Company”)

The 2[nd] Corrigendum to the Notice for convening an Extra-Ordinary General Meeting of the Shareholders of the Company (“EGM”) on Friday, March 29, 2024 at 12:00 Noon through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) for which purpose the Registered Office of the Company situated at Unit No. 201, C-50, Malviya Nagar, New Delhi-110017 shall be deemed as the venue for the Meeting. This Corrigendum is to be read in conjunction with the EGM Notice dated March 05, 2024 and Corrigendum dated March 20, 2024, as available on the website of the Company, BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”) where the shares of the Company are listed and also at the website of NSDL (agency for providing the Remote e-Voting facility). The Notice of the EGM was dispatched to all the shareholders of the Company on March 06, 2024 in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by Ministry of Corporate Affairs and Securities Exchange Board of India.

This Corrigendum shall form an integral part of the EGM Notice circulated to the shareholders of the Company. Accordingly, all concerned shareholders, Stock Exchanges, Depositories, Registrar and Share Transfer Agent, agencies appointed for e-voting, other Authorities, regulators, and all other concerned persons are requested to take note of the above changes.

This Corrigendum shall also be available at the website of the Company at www.vipulgroup.in, on the website of BSE at www.bseindia.com and on the website of NSE at www.nseindia.com where the shares of the Company are listed and also at the website of NSDL (agency for providing the Remote e-Voting facility) i.e. www.evoting.nsdl.com.

The Company is issuing this corrigendum to the EGM Notice (“Corrigendum”), in relation to the Notice and explanatory statement of “Item No. 1” of the EGM Notice, pursuant to the directions/suggestions / comments received from the NSE and BSE, the “Stock Exchanges”.

The Stock Exchanges had raised a query seeking clarification on compliance with certain provisions of the SEBI ICDR Regulations and had directed to issue a corrigendum notice .

The relevant points No 9 of the Explanatory Statement are to be read as under:

9. IDENTITY OF NATURAL PERSONS WHO ARE THE ULTIMATE BENEFICIAL OWNERS OF THE SHARES PROPOSED TO BE ALLOTTED AND/OR WHO ULTIMATELY CONTROL THE PROPOSED ALLOTTEES AND THE PERCENTAGE OF POST PREFERENTIAL ISSUE CAPITAL THAT MAY BE HELD BY THE ALLOTTEES:

In compliance with Regulation 163(1)(f) and 163(1)(fa) of SEBI (ICDR) Regulations and amendments thereof and also in compliance with SEBI Circular No. CIR/MIRDS/2/2013 dated January 24, 2013, details of the proposed allottee to whom securities to be issued pursuant to the Special Resolution at Item No. 1 of the Notice, the Identity of Natural Persons who are the Ultimate Beneficial Owners of the proposed allottee and the percentage of the expanded capital to be held by the proposed allottee after the proposed allotment of the said securities are as under:

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Name of Proposed Identity of Pre-Issue Equity No. of equity Post-Issue Equity Holding
Allottee Natural Persons Holdings shares
who are the proposed to
Ultimate No. of % of be issued No. of % of
Beneficial Shares Shareh Shares
olding Shareholding
Non-Promoter
AARSON SHARAD GOEL - - 316455 316455 0.224
INVESTMENTS
ABHAY DHANRAJ ABHAY - - 84389 84389 0.060
MUSALE DHANRAJ
MUSALE
ABSOLUTE KETAN V - - 738396 738396 0.524
RETURNS THAKKAR
SCHEME
ADITYA MITTAL ADITYA MITTAL - - 89000 89000 0.063
ANJALI ANJALI - - 63291 63291 0.045
SANGTANI SANGTANI
ANKUR MITTAL ANKUR MITTAL - - 189000 189000 0.134
ASHISH JAIN ASHISH JAIN 25000 0.021 100000 125000 0.089
ASHISH R ASHISH R - - 84389 84389 0.060
BAGADIA BAGADIA
AYUSH MODI AYUSH MODI - - 100000 100000 0.071
CHIRAG BHARAT CHIRAG - - 84389 84389 0.060
SHETH BHARAT SHETH
DEVENDER MOR DEVENDER - - 50000 50000 0.035
MOR
DIVYA DIVYA - - 94937 94937 0.067
AGGARWAL AGGARWAL
DIVYASHRI DIVYASHRI - - 105485 105485 0.075
RAVICHANDRAN RAVICHANDRA
N
FIVE STAR SAURABH - - 168776 168776 0.120
INVESTMENTS AGRAWAL
HARESH HARESH - - 84389 84389 0.060
SOMALAL VYAS SOMALAL VYAS
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INSPYRE CAPITAL PALVINDER - - 189000 189000 0.134
KAUR
JAI PRAKASH JAI PRAKASH - - 150000 150000 0.106
GOYAL GOYAL
KAMAL AHUJA KAMAL AHUJA - - 50000 50000 0.035
KIRAN KIRAN - - 30000 30000 0.021
MANCHANDA MANCHANDA
KOMAL BANSAL KOMAL BANSAL - - 39000 39000 0.028
KRISHIVA MOHIT KUMAR - - 800000 800000 0.567
FINANCIALS
KUNAL KAILASH KUNAL - - 168777 168777 0.120
PAREKH KAILASH
PAREKH
LONGVIEW VIPIN - - 300000 300000 0.213
RESEARCH AND AGGARWAL
ADVISORY
SERVICES PVT
LTD
MANAS CHADHA MANAS - - 650000 650000 0.461
CHADHA
MANOJ KUMAR MANOJ KUMAR - - 50000 50000 0.035
TOTLA TOTLA
MEGHA MEGHA - - 50000 50000 0.035
AGARWAL AGARWAL
MOHEET MOHEET - - 421940 421940 0.299
VINODKUMAR VINODKUMAR
AGARWAL AGARWAL
MOHIT KUMAR MOHIT KUMAR - - 189000 189000 0.134
MITTAL HUF MITTAL
MOHIT RATERIA MOHIT RATERIA - - 50000 50000 0.035
MONETIC WORLD GAURAV 35000 0.029 90000 125000 0.089
LLP BANSAL
MORDE FOODS CHANDRAKAN - - 843881 843881 0.599
PVT LTD T EKNATH
MORDE
MUGDHA BIYANI MUGDHA - - 50000 50000 0.035
BIYANI
MUKESH GARG MUKESH GARG - - 30000 30000 0.021
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MUSKAN GUPTA MUSKAN - - 30000 30000 0.021
GUPTA
NARENDRA NARENDRA - - 150000 150000 0.106
KUMAR DAGA KUMAR DAGA
NAV CAPITAL VEERENDRA - - 2637131 2637131 1.871
VCC KEDARNATH
CHANDALADA
NAVIN NAVIN - - 168777 168777 0.120
MAHAVIRPRASA MAHAVIRPRAS
D DALMIA AD DALMIA
NEXTA GEETA CHETAN - - 1687763 1687763 1.197
ENTERPRISES LLP SHAH
NIKHIL TYAGI NIKHIL TYAGI - - 63291 63291 0.045
NISHANT NISHANT - - 30000 30000 0.021
KHANNA KHANNA
PITAM GOEL PITAM GOEL - - 84389 84389 0.060
PRADEEP MODI PRADEEP - - 100000 100000 0.071
HUF KUMAR
PRANAYA B PRANAYA B - - 84389 84389 0.060
GANDHI GANDHI
PRAVEEN GUPTA PRAVEEN - - 2000000 2000000 1.419
GUPTA
PUNEET JAIN PUNEET JAIN - - 31000 31000 0.022
PUNEET TANDON PUNEET - - 31645 31645 0.022
TANDON
RAJASTHAN LALIT DUA - - 3000000 3000000 2.128
GLOBAL
SECURITIES
PRIVATE LIMITED
RAVI VASUDEO RAVI VASUDEO - - 316455 316455 0.224
GOENKA GOENKA
RIDHANSHA RIDHANSHA - - 40000 40000 0.028
ROOPAK MITTAL ROOPAK - - 50000 50000 0.035
MITTAL
RUCHI AGARWAL RUCHI - - 50000 50000 0.035
AGARWAL
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SAMEER SAMEER - - 168776 168776 0.120
PAHLAJANI HUF PAHLAJANI
SANDEEP JAIN SANDEEP JAIN - - 800000 800000 0.567
SANDEEP VERMA SANDEEP - - 100000 100000 0.071
VERMA
SANGEETA SANGEETA - - 168777 168777 0.120
VENKATRAMAN VENKATRAMA
N
SANJAY JAIN SANJAY JAIN - - 30000 30000 0.021
SANJEEV KUMAR SANJEEV - - 42194 42194 0.030
SINGH KUMAR SINGH
SANYAM JAIN SANYAM JAIN - - 30000 30000 0.021
SARVESH SARVESH - - 63291 63291 0.045
SHUBHKARAN SANGHI
SANGHI HUF
SATYAM SATYAM - - 200000 200000 0.142
AGARWAL AGARWAL
SHRIGOPAL SHRIGOPAL - - 50000 50000 0.035
KANDOI KANDOI
SONALI DILIP SONALI DILIP - - 210970 210970 0.150
SANKLECHA SANKLECHA
SONIKA SONIKA - - 25000 25000 0.018
CHAUHAN CHAUHAN
SULABH BILOTIA SULABH - - 50000 50000 0.035
BILOTIA
SUMIT GUPTA SUMIT GUPTA - - 50000 50000 0.035
SYGNIGIC VINAY KUMAR - - 50000 50000 0.035
CORPORATE CHAWLA
SOLUTIONS PVT
LTD
TEN EIGHTY NIDHI - - 168776 168776 0.120
INVESTMENTS THAKKAR
VARUN BANSAL VARUN BANSAL - - 89000 89000 0.063
HUF
VARUN PRANAM VARUN - - 84389 84389 0.060
MALOO PRANAM
MALOO
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VENKATRAM VENKATRAM - - 63291 63291 0.045
MANDALPU MANDALPU
VINEET ARORA VINEET ARORA - - 126582 126582 0.090
VINEY EQUITY ANANT - - 650000 650000 0.461
MARKET LLP AGGARWAL
VIPIN VIPIN 100000 0.083 150000 250000 0.177
AGGARWAL AGGARWAL
VIRAL PRAVIN VIRAL PRAVIN - - 84389 84389 0.060
PAREKH PAREKH
VIVEK KUMAR VIVEK KUMAR - - 168776 168776 0.120
BHAUKA BHAUKA
WOW AMIT GOYAL - - 316455 316455 0.224
INVESTMENTS
Assuming entire 2,10,00,000 equity shares proposed to be issued under this Preferential issue is allotted.
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This Corrigendum is being issued by way of a clarification and is intended to form an integral part of the EGM Notice. Shareholders of the Company and other stakeholders are requested to read the EGM Notice in conjunction with this Corrigendum. All capitalized terms not defined herein, would have the same meaning as attributed to such terms in the EGM Notice. All other contents of the EGM Notice save and except as clarified, modified or supplemented by this Corrigendum, shall remain unchanged. The shareholders are requested to take note of the same.

By order of the Board For Vipul Limited

Registered Office: By order of the Board Unit No. 201, C-50, For Vipul Limited Malviya Nagar, New Delhi-110017 CIN: L65923DL2002PLC167607 Website: www.vipulgroup.in sd/E-mail: secretarial@vipulgroup.in Sunil Kumar Tel: 91 1244065500 Fax: 91 1244061000 Company Secretary Place: Gurugram A-38859 Date: March 22, 2024

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