Vipul Limited has informed the Exchange about change in Management
VIPULLTD · price
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Vipul Limited has announced board changes approved by members on September 23, 2025. Mr. Punit Beriwala has been re-appointed as Managing Director and CEO for a 3-year term effective April 1, 2026 to March 31, 2029; he has been with the company since 2002 and has 37 years of overall experience. Mr. Rajeev Gupta has been appointed as Non-Executive Independent Director and Mrs. Dolly Singhal as Non-Executive Independent Women Director, both for a first term of 5 years. Additionally, M/s AVA Associates has been appointed as Secretarial Auditor for a 5-year period covering FY2025-26 to FY2029-30. None of the appointees are debarred by SEBI from holding office.
These changes bring continuity in leadership with the promoter MD/CEO re-appointed and strengthen the board with two new independent directors, including a woman director, which improves compliance with board composition norms. For shareholders, this signals management stability rather than any disruption, though the presence of promoter family on the board (Mr. Punit Beriwala is the father of existing Non-Executive Director Ms. Vishaka Beriwala) remains a governance feature to note. Share price impact is likely neutral.