Vipul Ltd

Vipul Ltd Consolidates Operations: NCLT Approves Merger of 5 Subsidiaries 📊

• NCLT New Delhi Bench sanctioned the amalgamation on April 17, 2026

• Amalgamated subsidiaries: Abhipra Trading, Graphic Research Consultants India, United Buildwell, Vineeta Trading, and Vipul Eastern Infracon

• Scheme effective from Appointed Date of April 1, 2022

• Rationale includes operational efficiency, cost reduction, and resource consolidation

• Income Tax Department raised concerns over outstanding demands totaling ~INR 2.67 crore for Graphic Research and Vipul Eastern Infracon

• Vipul Limited undertakes to handle all liabilities post-amalgamation

• Vipul Limited had accumulated losses of INR 194.79 crore as of March 31, 2023

• Aims to recover through the amalgamation