Vipul Organics Limited announced the record date as 10t March 2025 for the rights issue. Shares will be allotted in the ratio of 1:3 (1 equity share will be allotted for every 3 fully paid up shares).

The Rights Issue Committee, in its meeting held on March 04, 2025 also approved the schedule for the Rights Issue. The Issue will open on Friday, 215t March, 2025 and close on Wednesday, 02nd April, 2025.

In addition, Vipul Organics has reduced the rights issue price of Rs. 46 per share as against the Rs. 54 announced earlier, keeping in mind the current market scenario. The Issue Size to be Rs. 2041.15 Lakhs.

"We are excited about our journey ahead and see a bright future for our company. Construction of our new plant at Sayakha in Gujarat is progressing as per schedule and, barring unforeseen circumstances, we should be beginning our trial runs in the third quarter of the fiscal 2025-26. We have always believed that our shareholders are our partners and our biggest strength. Keeping this in mind, seeing the market conditions, and in order to reward our stakeholders we have decided to revise the price of our Rights issue from Rs.54 to Rs.46 per share including the share premium', says Vipul P Shah, MD, Vipul Organics Limited.