MSME Department Approves Fiscal Incentive for Expansion Unit Under M.P. MSME Promotion Scheme, 2025

Vippy Spinpro has informed the exchange that the Micro, Small and Medium Enterprises Department has approved a fiscal incentive for its expansion unit.

Mon 28 Sep 2026

Incentive Type

Fiscal incentive for expansion unit

Approval Authority

State Level Empowered Committee at its 7th Meeting held at Bhopal

Scheme Name

M.P. MSME Promotion Scheme, 2025

Department

Micro, Small and Medium Enterprises Department

What was announced

The company has intimated the exchange that the Micro, Small and Medium Enterprises Department has approved a fiscal incentive for its expansion unit.

How it was approved

• The approval came through a decision of the State Level Empowered Committee taken at its 7th Meeting held at Bhopal.
• The benefits flow from the M.P. MSME Promotion Scheme, 2025.

What it means for investors

Fiscal incentives under state industrial promotion schemes are support benefits extended to companies that set up or expand manufacturing capacity in the state. They are typically viewed as a positive for a company that has invested in an expansion unit, since they can ease the cost of that investment.

The intimation was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and was signed by the Company Secretary, Compliance Officer and CFO.

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