Vipul Organics to Raise Rs 20.41 cr via Rights Issue

Mar 05, 2025 16:17

Vipul Organics announces plans to raise Rs 20.41 crore through a rights issue. The rights issue price is set at Rs 46 per share with a 1:3 ratio.

Illustration: Dominic Xavier/Rediff.com

New Delhi, Mar 5 (PTI) Specialty chemicals maker Vipul Organics on Wednesday announced plans to raise up to Rs 20.41 crore via rights issue.

Shares will be allotted in the ratio of 1:3. The rights issue price has been fixed at Rs 46 per share, according to a regulatory filing.

The record date for the rights issue has been fixed on March 10 and will open on March 21, it added.

Source: PTI

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Vipul Organics to Raise Rs 20.41 cr via Rights Issue

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