Vipul Organics Reports Deviation in Preferential Issue Fund Utilization

Vipul Organics Ltd. has filed a statement detailing deviations in the utilization of funds raised through a preferential issue for the quarter ended June 30, 2026. The total issue size was reduced to ₹27,54,39,400 from an approved ₹35,23,70,000 due to non-participation by some allottees. The company confirms there is no change in the original objects of the issue or other terms approved by shareholders. The report indicates that funds allocated for reducing debts were fully utilized, while funds for upgrading manufacturing facilities and general corporate purposes were also utilized as per the revised allocation. The statement clarifies that the deviation is primarily due to the reduced issue size, not a change in the intended use of funds.