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Vipul Ltd approves rights issue worth ₹49.75 crore
short by / on Monday, 3 March, 2025
Vipul Ltd, founded in 1991, has delivered over 10 million sq ft of real estate. Primarily in Gurugram, they offer residential and commercial properties. Recently, they approved a rights issue to raise ₹49.75 crore, issuing ₹1 equity shares to existing shareholders. Pricing and ratio will be determined later. The stock has an ROE of 100%.