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JAGDISH MASTER of ENAM subscribing VIPUL Organics pref issue is it correct

Asked by CNI Follower · 3 months ago · 12-12-2025

Based on publicly available information, there is no independently verifiable confirmation that Jagdish Master (of Enam) has subscribed to Vipul Organics’ recent preferential issue.

What is known and confirmed from public sources:

- Vipul Organics raised ₹35.23 crore via a preferential allotment of 16,70,000 equity shares at ₹211 per share on a private placement basis. (manufacturing.economictimes.indiatimes.com)

- The shares were allotted to 19 non‑promoter investors (HNIs / non‑promoter category); names of individual allottees are not mentioned in mainstream coverage. (manufacturing.economictimes.indiatimes.com)

Because of access restrictions to the BSE PDF (Reg. 30 “Preferential Issue / Issue of Securities” filing dated 04 October 2025), I cannot see the official list of allottees, which is the only authoritative source that would confirm whether Jagdish Master (or any Enam-related entity) is included.

Implication for your query

- From the data I can see, the statement “Jagdish Master of Enam is subscribing to Vipul Organics’ preferential issue” is unverified.

- It may or may not be correct, but there is no credible public source explicitly confirming his name or Enam as an allottee.

How you can verify this conclusively

To check it yourself from primary (SEBI-compliant) disclosures:

1. Go to BSE → Search for Vipul Organics Ltd (Security Code: 530627 / VIPULORG).

2. Open “Corp Announcements” and locate filings dated 04 October 2025:

- “Announcement under Regulation 30 (LODR) – Preferential Issue”

- “Announcement under Regulation 30 (LODR) – Issue of Securities” (trendlyne.com)

3. Open the attached PDF(s); inside, look for:

- “List of proposed allottees” (in the EGM/Notice stage), and/or

- “List of allottees” / “Details of allottees” in the allotment resolution.

4. Check whether “Jagdish Master”, “Enam”, or any related investment vehicle is listed there.

Until you have checked that BSE document, you should treat any such claim as a market rumour, not a confirmed fact.

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