Vipul Ltd updates on Vipul SEZ Developers Pvt Ltd

Vipul SEZ Developers Private Limited, subsidiary of M/s. Vipul Limited, has made the fresh allotment of 9,91,900 equity shares on right issue basis.

Pursuant to the allotment, the percentage holding of M/s. Vipul Limited now stand at 2.4014% of issued, subscribed, paid up Equity Capital of M/s. Vipul SEZ Developers Private Limited.

Consequently, M/s. Vipul SEZ Developers Private Limited alongwith its four wholly owned subsidiary i.e. M/s. KST Buildwell Private Limited, M/s. P K B Buildcon Private Limited, M/s. PKBK Buildwell Private Limited and M/s. VSD Buildwell Private Limited, have ceased to be subsidiaries of M/s. Vipul Limited.

Shares of Vipul Limited was last trading in BSE at Rs. 18.11 as compared to the previous close of Rs. 18.36. The total number of shares traded during the day was 48883 in over 250 trades.

The stock hit an intraday high of Rs. 18.73 and intraday low of 17.95. The net turnover during the day was Rs. 890230.00.

Source : Equity Bulls

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Vipul INE946H01037 VipulSEZDevelopers Update