Vipul - Outcome Of Board Meeting

Vipul Ltd has informed that the Board of Directors of the Company at its meeting held on February 20, 2007, inter alia, has approved the following, subject to approval of shareholders / authorities:1. The issuance of equity shares in accordance with Chapter XIII of SEBI (Disclosure and Investor Protection) Guidelines, 2000 under Preferential allotment basis to FIIs for a sum not exceeding Rs 351 Crores.2. Shifting of Registered office of the Company from the State of West Bengal to the National Capital Territory of Delhi.Further, the Board of Directors has also decided to convene an Extra Ordinary General Meeting of the Members of the company on March 16, 2007 to seek consent of the members.