Vipul Limited has filed a regulatory disclosure with BSE Limited and National Stock Exchange of India Limited regarding a discrepancy in share acquisition information received from Algoquant Fintech Limited ("Algoquant").
The disclosure is made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST Regulations).
The company has identified that the information contained in Algoquant's disclosure regarding acquisition of shares of Vipul Limited does not align with the shareholding records maintained by the company.
Accordingly, Vipul Limited has sought clarification from Algoquant regarding details of its previous shareholding and relevant acquisition details to reconcile this information with the company's records.
As of September 02, 2026, the company is awaiting the requisite clarification and supporting information from Algoquant. Upon receipt of correct and complete information, the company will verify and reconcile the details with its records and undertake necessary compliance actions in accordance with applicable provisions of the SEBI SAST Regulations, 2011 and other applicable laws.
The company reiterates its commitment to ensuring compliance with all applicable regulatory requirements and states it will take all necessary steps to ensure timely and appropriate compliance upon receipt and verification of the requisite information.