Vipul Limited has secured a three-month extension from the Registrar of Companies (ROC), Delhi, to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The approval allows the company to convene the meeting by December 30, 2026, citing pending legal proceedings as the primary reason for the delay.

The ROC granted the extension under Section 96(1) of the Companies Act, 2013, following an application submitted by the company on August 8, 2026. The original deadline for holding the AGM was September 30, 2026.

Regulatory Compliance and Timeline

The Registrar of Companies, Delhi, issued the approval letter dated August 27, 2026. The order explicitly notes that the extension is granted in view of the circumstances preventing the timely conduct of the AGM. However, the regulator advised the company to ensure strict compliance with statutory provisions in the future.

Corporate Governance Implications

The extension highlights ongoing governance challenges linked to legal disputes. While the ROC has permitted the delay, it emphasized the need for careful adherence to compliance timelines moving forward. The company must now schedule the AGM within the extended window and submit the Annual Report pursuant to Regulation 34 of the SEBI (LODR) 2015.

Punit Beriwala, Managing Director, CEO & CFO, signed the intimation letter addressed to the listing managers at BSE Limited and National Stock Exchange of India Limited.

Algoquant Fintech Limited and its persons acting in concert (PACs) acquired a 5.26% stake in Vipul Limited through open market purchases on August 24, 2026.

The acquisition involved the purchase of 74,20,587 equity shares. This transaction brings the total holding of Algoquant Fintech Limited, along with its PACs—Algoquant Financials LLP and Riya Saxena—to 74,20,587 shares.

Acquisition Details

The disclosure was made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were acquired from time to time in the open market.

Prior to this acquisition, Algoquant Fintech Limited and its PACs held no shares in Vipul Limited. The total equity share capital of Vipul Limited remains at 1,40,959,480 equity shares of Re. 1/- each.

Regulatory Compliance

Mohd. Intzar, Company Secretary and Compliance Officer for Algoquant Fintech Limited, signed the disclosure. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited.