ReferIndia News VPRPL Board Approves Fund Raising of Up to INR 300 Crores Through Equity Instruments

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VPRPL Board Approves Fund Raising of Up to INR 300 Crores Through Equity Instruments

Published on: May 1, 2026, 10:11 p.m. | Source: scanx.trade

Vishnu Prakash R Punglia Limited's Board of Directors approved a fund raising plan of up to INR 300 crores through equity shares and equity-linked instruments. The board meeting held on May 01, 2026, authorized multiple funding methods including preferential allotment, rights issue, warrants, and bonds, to be executed in one or more tranches. The fund raising remains subject to applicable regulatory approvals and shareholder consent, with the company committed to providing further disclosures once details are finalized.

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