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Residential- Commercial Projects
Legal3 Mar 2026, 03:07 pm

Vipul Limited's Managing Director, CEO & CFO Arrested by Economic Offences Wing, Gurugram

AI Summary

Vipul Limited has informed the exchange about the material information under Regulation 30 of SEBI LODR Reg. 2015. Mr. Punit Beriwala, Managing Director, CEO & CFO of the Company, has been arrested on 27.02.2026 by Economic Offcences Wing, Gurugram in relation to alleged offences pertaining to FIR No 544/2024. The Company is in the process of obtaining further details and will provide additional information as and when required and available, in compliance with applicable regulations. The arrest is in the nature of a personal proceeding against Mr. Punit Beriwala, and at this stage, the Company’s operations continue in the normal course. The Board/appropriate committee is evaluating suitable interim arrangements for the management of the affairs of the Company and any further decisions in this regard shall be intimated separately.

Key Highlights

  • Mr. Punit Beriwala, Managing Director, CEO & CFO of Vipul Limited arrested by Economic Offences Wing, Gurugram.
  • Arrest is in relation to alleged offences pertaining to FIR No 544/2024.
  • Company is obtaining further details and will provide additional information as required.
  • Company's operations continue in the normal course.
  • Board/appropriate committee is evaluating suitable interim arrangements for the management of the Company.
VIPUL
Residential- Commercial Projects
VIPUL LTD.

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