Vipul Organics Limited , a key player in the chemical industry, has received strong shareholder support for its plan to issue equity shares on a preferential basis to non-promoter category investors. The decision, made during an Extraordinary General Meeting (EGM) held on October 31, 2025, marks a significant step in the company's capital raising efforts.

Voting Results

The special resolution for the preferential share issuance was passed with an overwhelming majority, demonstrating strong shareholder confidence in the company's strategic direction. Here's a breakdown of the voting results:

Voting Process and Participation

The company employed a robust voting mechanism to ensure widespread shareholder participation:

• Voting Platform: Central Depository Services (India) Limited (CDSL) e-voting platform
• Remote E-voting Period: October 28-30, 2025
• Electronic Voting: Available during the EGM on October 31, 2025
• Total Shareholders: 7,163 (as of the cut-off date October 24, 2025)

Scrutiny and Compliance

To ensure transparency and adherence to regulatory requirements:

• Scrutinizer: Poonam Somani, a Practicing Company Secretary, oversaw the voting process
• Regulatory Compliance: The voting process complied with Section 108 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Implications

The strong approval for the preferential share issuance to non-promoters may indicate:

1. Investor confidence in Vipul Organics' growth prospects
2. Potential for increased liquidity in the company's stock
3. Possible expansion of the company's non-promoter shareholder base

The company has stated that detailed voting results and the Consolidated Scrutinizer's Report are available on its website ( www.vipulorganics.com ) and CDSL's website ( www.evotingindia.com ) for public access, underscoring its commitment to transparency in corporate governance.

Vipul Organics Limited , a chemical manufacturing company, has announced plans to raise Rs 35.24 crore through a preferential issue of equity shares. The company's board has approved the issuance of 16.70 lakh equity shares at Rs 211 per share, including a premium of Rs 201.

Key Details of the Preferential Issue

• Issue Size: 16.70 lakh equity shares
• Issue Price: Rs 211 per share (including Rs 201 premium)
• Total Funds to be Raised: Rs 35.24 crore
• Allottees: Non-promoter investors

Proposed Fund Utilization

The company plans to utilize the funds raised from this preferential issue as follows:

Shareholder Approval and Voting Process

Vipul Organics has scheduled an Extraordinary General Meeting (EGM) for October 31, 2025, to seek shareholder approval for this preferential issue. The meeting will be conducted via video conferencing. Shareholders can participate in remote e-voting from October 28 to October 30, 2025.

Impact on Shareholding

Post-issue, the promoter shareholding in Vipul Organics is expected to decrease from 68.64% to 62.74%.

Key Investors

Some of the major non-promoter investors participating in this preferential issue include:

Regulatory Compliance

The issue price of Rs 211 per share is above the regulatory floor price of Rs 209.91, which is based on the volume-weighted average pricing as per SEBI guidelines.

This preferential issue represents a significant move by Vipul Organics to strengthen its financial position and support its growth initiatives. Investors and market watchers will be keen to observe how the company utilizes these funds to enhance its manufacturing capabilities and improve its balance sheet.