Vipul Ltd Appoints Dipesh Jasvantlal Shah and Sunil Gupta as Non-Executive Independent Directors
Vipul Ltd has approved the appointment of two individuals, Mr. Dipesh Jasvantlal Shah and Mr. Sunil Gupta, as Additional Directors in the category of Non-Executive Independent Director, effective June 26, 2026. The Board of Directors made the approval following a recommendation from the Nomination and Remuneration Committee.Both appointees have consented to act as Directors of Vipul Ltd and have certified that they are not disqualified under the provisions of the Companies Act, 2013.
Appointment Details for New Directors
The specific details regarding the appointment of Mr. Dipesh Jasvantlal Shah and Mr. Sunil Gupta are provided below:Mr. Dipesh Jasvantlal Shah (DIN: 09511575)
| Detail | Information |
|---|---|
| Reason for Appointment | Appointment as Non Executive Independent Director |
| Date of Appointment | June 26, 2026 |
| Term | 05 Consecutive years |
| Profile Summary | Mr. Shah is an Indian national engaged in business and consented to act as a Director. He confirmed he is not disqualified under the Companies Act, 2013. |
| Relationship Disclosure | Not related to any Director on the Board of the Company. |
| Shareholding | Holds no shares in the Company. |
Mr. Sunil Gupta (DIN: 10523449)
| Detail | Information |
|---|---|
| Reason for Appointment | Appointment as Non Executive Independent Director |
| Date of Appointment | June 26, 2026 |
| Term | A period of 5 consecutive years (appointment is subject to shareholder approval at the next General Meeting) |
| Profile Summary | Mr. Gupta is an Indian national, a Chartered Accountant and Company Secretary by profession, and consented to act as Director. He confirmed he is not disqualified under the Companies Act, 2013. |
| Relationship Disclosure | Not related to any director on the Board of Directors of the company. |
| Shareholding | Holds no shares in the Company. |
The appointments were ratified by the Board, and both individuals have certified that they are not debarred from holding the office of Director pursuant to any SEBI order or order of any Such Authority.
VIPULLTD Stock Price Movement
Today, shares of Vipul Limited rallied in post-market trading, closing at ₹13.61 after gaining 4.93%. The stock posted strong results, achieving a significant volume of 2.55 million shares as it marked its 52-week high.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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