Vipul Limited to sell 50% stake in High Class Projects for Rs 4.38 cr
VIPULLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.7 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Vipul Limited has signed a definitive agreement to sell its 50% equity and preference shareholding in loss-making associate High Class Projects Limited to Expertpro Realty Private Limited for Rs 4.375 crores. The deal is dated and expected to complete on February 18, 2026. High Class contributed Rs 337.04 lakhs in revenue but Rs 338.08 lakhs in losses last financial year. After the sale, High Class will cease to be an associate of Vipul. The buyer is not a related party.
Exits a loss-making associate for Rs 4.375 cr. Likely neutral to mildly positive as the unit was dragging earnings.