NSEUpdates3d ago · 2 Sept 2026, 03:29 pm
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Vipul Limited · VIPULLTD
✦ AI SummaryRegulatory
Vipul Limited has sought clarification from Algoquant regarding the acquisition of shares of the Company, as the information provided does not match the Company's shareholding records. The Company is awaiting clarification and supporting information from Algoquant.
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Governance Concern1/10
Regulatory Risk6/10
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Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
Vipul Limited has informed the Exchange regarding 'Clarification regarding disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
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VIPULLTD_02092026152617_Vipul_Reg_29_1__Algoquant_clarification.pdf
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Ref. No. VIPUL/SEC /FY2026-27/2446 September 02, 2026
The Secretary The Manager (Listing)
BSE Limited, (Equity Scrip Code: 511726) National Stock Exchange of India Limited,
Corporate Relationship Department, (Equity Scrip Code: VIPULLTD)
At: Phiroze Jeejeebhoy Towers, Exchange Plaza, Block G, C-1
Dalal Street, Bandra Kurla Complex,
Fort, Mumbai-400001 Bandra, Mumbai-400051
Subject: Clarification regarding disclosure under Regulation 29(1) of the SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011, we wish to inform you that the Company has received
information from the Algoquant Fintech Limited (“Algoquant”) in relation to the
acquisition of shares of the Company, we wish to inform you that the information
contained in the said disclosure does not appear to be in line with the shareholding
records available with the Company.
Accordingly, the Company has sought clarification from Algoquant regarding the details
of its previous shareholding and the relevant acquisition details, in order to reconcile the
information with the records maintained by the Company.
As on date, the Company is awaiting the requisite clarification and supporting
information from Algoquant. Upon receipt of the correct and complete information, the
Company shall duly verify and reconcile the same with its records and undertake the
necessary compliance/action in accordance with the applicable provisions of the SEBI
(SAST) Regulations, 2011 and other applicable laws.
We wish to reiterate that the Company is committed to ensuring compliance with all
applicable regulatory requirements and shall take all necessary steps to ensure timely and
appropriate compliance upon receipt and verification of the requisite information.
We request the Exchange to kindly take the above on record.
Yours faithfully,
For Vipul Limited
(Punit Beriwala)
Managing Director, CEO & CFO
DIN: 00231682
Regd. Off: Unit No 201, C-50, Maviya Nagar, New Delhi-110017
CIN: L65923DL2002PLC167607