VPRPL : SIGNS MOU TO ACQUIRE N.K. GUPTA BUILDERS

• MoU with N.K. Gupta Builders for proposed acquisition, subject to due diligence and definitive agreements • Acquisition subject to approvals from lenders, banks, stock exchanges, SEBI and shareholders • Target has registrations with MES, CPWD, BRO and WAPCOS • Target has presence and operational capabilities in Leh & Ladakh, a specialised high-altitude region with high entry barriers • Aims to expand business capabilities, strengthen execution capacity and broaden infrastructure presence

Vishnu Prakash R Punglia Limited

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