Vipul Organics Limited, announced the receipt of Environmental Clearance for Proposed Expansion of Synthetic Organic Pigments and Dyestuffs, Pigment Dispersion, Naphthols, Fast Salts and Vat Dyes Manufacturing at their existing Ambernath facility. Granted by the Government of India, Ministry of Environment, Forest and Climate Change (Issued by the State Environment Impact Assessment Authority (SEIAA), Maharashtra, the clearance will help Vipul Organics increase its total production capacity from the existing 10 MT/M to 508 MT/M at Ambemath. In the first phase the company intends to expand its capacity to 250 MT/M. The cost of this expansion will be through a mix of internal accruals and external borrowings.

The company has already raised INR 50 million from the promoters through issue of Warrants.