StockWatch
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Residential- Commercial Projects
Management Change29 Jun 2026, 03:28 pm

Vipul Ltd Appoints Two New Independent Directors

AI Summary

Vipul Ltd has announced the appointment of Mr. Dipesh Jasvantlal Shah and Mr. Sunil Gupta as Additional Directors under the category of Non-Executive Independent Director. The appointments, effective from June 26, 2026, were recommended by the Nomination and Remuneration Committee and approved by the Board of Directors. Both appointees have consented to serve and confirmed they are not disqualified from holding directorships under the Companies Act, 2013. Mr. Shah is engaged in business, while Mr. Gupta is a Chartered Accountant and Company Secretary. Neither director is related to existing board members, nor do they hold any shares in the company. Their appointments are for a term of five consecutive years, subject to shareholder approval for Mr. Gupta.

Key Highlights

  • Vipul Ltd appointed two new Non-Executive Independent Directors.
  • Appointments are effective from June 26, 2026, for a five-year term.
  • Both directors confirmed compliance with Companies Act, 2013.
  • Neither director is related to existing board members.
  • Appointments are subject to shareholder approval for Mr. Sunil Gupta.