Vipul Organics Ltd allots 25,62,375 Equity Shares

The Board of Directors of Vipul Organics Ltd at its meeting held today i.e. Monday, 11th April, 2022, allotted 25,62,375 Equity Shares of Rs.10/- each as fully paid up bonus Equity Shares, in ratio 1:4 i.e. 1 (One) new Equity Share of Rs. 10/- for every 4 (Four) Equity Shares of Rs. 10/- each held on 9th April, 2022, being the record date fixed for this purpose.

Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 10,24,95,000/- (Rupees Ten Crore Twenty Four Lakh Ninety Five Thousand only) comprising of 1,02,49,500 (One Crore Two Lakh Forty Nine Thousand Five Hundred) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 12,81,18,750/- (Rupees Twelve Crore Eighty One Lakh Eighteen Thousand Seven Hundred and Fifty only) comprising of 1,28,11,875 (One Crore Twenty Eight Lakh Eleven Thousand Eight Hundred Seventy Five) Equity Shares of Rs. 10/- (Rupees Ten only) each. These new bonus Equity Shares will be credited / dispatched, as applicable, on or before 27th April, 2022.

Shares of Vipul Organics Ltd was last trading in BSE at Rs. 207.70 as compared to the previous close of Rs. 220.55. The total number of shares traded during the day was 29735 in over 672 trades.

The stock hit an intraday high of Rs. 223.00 and intraday low of 204.40. The net turnover during the day was Rs. 6281433.00.

Source : Equity Bulls

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VipulOrganics INE834D01018 BonusShares Allotment