New Delhi, March 5 -- Shares of Vipul Organics surged over 6.5 percent in intra-day trade on March 5, 2025, after the company announced March 10, 2025, as the record date for its upcoming rights issue. The stock touched an intra-day high of Rs.204.50, marking an upward movement following the announcement.

Vipul Organics has set the issue opening date as March 21, 2025, with the subscription closing on April 2, 2025. The company has revised the issue price to Rs.46 per share, lowering it from the previously announced Rs.54 per share, citing current market conditions and investor interest. The total issue size has been pegged at Rs.20.41 crore.

Vipul Shah, Managing Director of Vipul Organics, expressed optimism about the company's future,...