Vipul Limited has successfully completed the allotment of 8,89,00,000 fully convertible warrants through a preferential issue, raising ₹81,78,80,000 for the company. The Preferential Issue Committee of the Board of Directors approved the allotment on February 27, 2026, following receipt of 25% of the total subscription amount from all allottees.

Warrant Issue Details

The warrants were issued at ₹9.20 per warrant to 16 investors across promoter and public categories. The issue represents a significant capital raising exercise for the real estate development company.

Major Allottees and Distribution

The warrant allocation was distributed among promoter and public category investors, with three entities receiving the largest allocations of 1,24,00,000 warrants each.

Smaller Allocations

Several individual investors received allocations ranging from 4,00,000 to 32,00,000 warrants:

• Pramod Kumar Jain: 32,00,000 warrants
• Vinita Jain: 31,00,000 warrants
• Aryaman Jain: 25,00,000 warrants
• Gourav Kumar, Manju Rani, Sourav Gupta, Ashok Kumar, and Pinki Gupta: 24,80,000 warrants each
• Renu Goyal: 4,00,000 warrants

Impact on Share Capital

Following the warrant allotment, Vipul Limited's un-diluted paid-up equity share capital remains at ₹14,09,59,480, comprising 14,09,59,480 equity shares with a face value of ₹1 each. The warrants, being convertible instruments, will impact the share capital upon conversion as per the terms and conditions of the issue.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about the warrant allotment, ensuring full regulatory compliance and transparency in the capital raising process.

Vipul Limited has published newspaper clippings of its unaudited financial results for the third quarter and nine months ended December 31, 2025, in compliance with Regulation 30 & 47 of SEBI Listing Regulations. The results were published on February 16, 2026, in Business Standard in both English and Hindi languages.

Financial Performance Overview

The company's standalone financial results demonstrate steady operational performance for the quarter ended December 31, 2025. The comprehensive financial data reveals the company's position across multiple reporting periods.

Standalone Financial Results

Consolidated Financial Results

Board Meeting and Regulatory Compliance

The Board of Directors meeting was conducted on February 14, 2026, through audio-visual communication from 2:30 PM to 4:20 PM. The Board considered and approved the unaudited financial results for both standalone and consolidated operations, prepared in accordance with Regulation 33 of SEBI Listing Regulations.

Publication Details

The newspaper clippings were published as required under regulatory compliance:

Auditor's Review and Corporate Structure

The statutory auditors JSUS & Associates conducted a limited review of the financial results. The consolidated results encompass a comprehensive group structure including eleven wholly-owned subsidiaries, four regular subsidiaries, and five associates across various business segments.

The complete financial results are available on the company's website at www.vipulgroup.in and on stock exchange websites. Company Secretary and Compliance Officer Piyush Bairagi signed the regulatory filings, ensuring compliance with BSE and NSE listing requirements under scrip codes 511726 and VIPULLTD respectively.