VIP INDUSTRIES: BOARD APPROVES FUND RAISING OF UP TO RS 500 CR

• Board of Directors approved proposal for raising funds up to ₹500 Cr during FY 2026-27, in one or more tranches. • Funds may be raised through issuance of equity shares, debt securities, convertible securities, depository receipts (ADR/GDR), FCCBs, warrants, preference shares or other eligible securities. • The fund raise aims to accelerate growth initiatives, fund working capital, and enhance capabilities to support long-term value creation. • The proposed fundraising may be undertaken through various modes including public issue, rights issue, qualified institutions placement, debt issue, or preferential issue. • Details are to be disclosed under SEBI Listing Regulations.

VIP Industries Limited

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