Vipul Limited has identified a discrepancy in the substantial acquisition disclosure submitted by Algoquant Fintech Limited under SEBI regulations. The company is currently seeking clarification to reconcile its internal records with the filed data.

The issue pertains to information received from Algoquant regarding its acquisition of Vipul shares, as mandated by Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Vipul stated that the details provided in the disclosure do not align with the shareholding records maintained by the company.

Regulatory Compliance Steps

To resolve the variance, Vipul has formally requested clarification from Algoquant. The specific points requiring reconciliation include:

• Details of Algoquant’s previous shareholding position
• Specifics of the relevant acquisition transaction

As of September 2, 2026, Vipul is awaiting the requisite supporting information and clarifications from Algoquant. The company emphasized that it will verify and reconcile the incoming data against its own records upon receipt.

Once the correct and complete information is obtained, Vipul will undertake necessary compliance actions in accordance with the SEBI (SAST) Regulations, 2011 and other applicable laws. The company reiterated its commitment to ensuring timely adherence to all regulatory requirements.

This communication was issued to both the Bombay Stock Exchange and the National Stock Exchange of India Limited for their record.

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.