Vipul Ltd Board Approves Merger of 6 Subsidiaries

Vipul Limited's Board of Directors met on September 15, 2026, and granted in-principal approval for the merger/amalgamation of six wholly-owned subsidiary companies with the parent company under Section 233 of the Companies Act, 2013. The Board also took note of non-compliances and penalties levied by stock exchanges, resolving to ensure future compliance. Additionally, the appointments of Mr. Dipesh Jaswantlal Shah and Mr. Sunil Kumar Gupta as Independent Directors were noted, and Mr. Ajay Arjit Singh was re-appointed as an Independent Director for a second five-year term.