Independent Director Rajeev Gupta has resigned from the Board of Directors of Vipul Limited effective June 4, 2026, due to personal reasons. The resignation was communicated to the stock exchanges on June 5, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations. Vipul Limited stated that the resignation details are provided in Annexure-A, referencing SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.

Rajeev Gupta, holding DIN 06995293, submitted his resignation pursuant to Section 168(1) read with applicable rules. In his resignation letter dated June 4, 2026, he requested the Board to acknowledge the receipt and complete the requisite formalities with the Registrar of Companies.

The following table outlines the key details of the director's cessation:

Piyush Bairagi, Company Secretary & Compliance Officer of Vipul Limited, signed the disclosure submitted to BSE Limited and National Stock Exchange of India Limited. The information has been made available on the company's website.

Vipul Limited has intimated the stock exchanges regarding its inability to convene the Audit Committee Meeting and the subsequent Board Meeting within the prescribed timeline for Q1FY27. The company cited unforeseen and exceptional circumstances impacting its ability to finalize and approve the financial results by the deadline of May 30, 2026.

The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, attributes the delay to the absence of Mr. Punit Beriwal, Managing Director, CEO & CFO. The company stated that Mr. Beriwal is presently not available as he is in judicial custody. Consequently, the company faces practical constraints in finalizing the financial results and related matters required to be placed before the Audit Committee.

Due to these constraints, Vipul Limited is unable to convene the Audit Committee Meeting, and consequently, the Board Meeting for the approval of financial results, within the stipulated timeline. The company confirmed that it is taking all necessary steps to address the situation, including evaluating interim arrangements to ensure compliance with applicable laws and regulations at the earliest possible time.

The communication was signed by Piyush Bairagi, Company Secretary & Compliance Officer. Vipul Limited has assured the exchanges that it will keep them informed of further developments, including the rescheduled dates of the Audit Committee and Board Meetings.