Vipul Limited has informed the Exchange about General Updates
VIPULLTD · price
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Vipul Limited has disclosed that the NCLT New Delhi Bench (Court-II) passed an order on April 4, 2025, on the Scheme of Amalgamation to merge five wholly-owned subsidiaries — Abhipra Trading Pvt Ltd, Graphic Research Consultants India Pvt Ltd, United Buildwell Pvt Ltd, Vineeta Trading Pvt Ltd, and Vipul Eastern Infracon Pvt Ltd — into Vipul Limited. The Income Tax Department requested two weeks to file the Jurisdictional Assessing Officer's status report, which the Tribunal granted. The next hearing is scheduled for June 10, 2025, with no further adjournments to be allowed for this purpose.
This is an internal restructuring where wholly-owned subsidiaries are being folded into the listed parent, which simplifies the group structure but has limited direct impact on shareholder value or stock price since no new shares are expected to be issued to outside entities. Shareholders should watch for the final NCLT sanction and effective date of the scheme.