Vikas EcoTech

Vikas EcoTech Ltd disclosed that one of its promoters, Mr. Vikas Garg, was taken into custody by the Enforcement Directorate on July 14 under the Prevention of Money Laundering Act. The arrest follows earlier disclosures about ED proceedings examining transactions involving foreign entities and FPIs in listed companies. The company stated that the development has no material impact on its business operations, which continue in the ordinary course, and that it is evaluating the matter with legal advisors. The disclosure was filed under Regulation 30 of the SEBI Listing Regulations.

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Vikas EcoTech Ltd. said its promoter has been served with a Provisional Attachment Order from the Enforcement Directorate. The order, dated June 5, 2026, was received by the promoter and a copy was shared with the company on June 23. It relates to proceedings involving certain foreign entities and SEBI-registered FPIs, with authorities examining transactions and their ultimate beneficiaries. The company clarified that no predicate offence has been alleged against it or its promoters, and that its business operations, financial position, and strategic priorities remain unaffected. The matter is being examined for appropriate legal recourse.

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Nov 13 (Reuters) - Vikas Ecotech VIEC.NS:

• OFFICIALS FROM ENFORCEMENT DIRECTORATE VISITED COMPANY'S OFFICE

• ED VISIT RELATED TO ONGOING INVESTIGATION OF UNRELATED THIRD PARTIES

Source text: ID:nBSE7VDctf

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April 18 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - ENFORCEMENT DIRECTORATE VISITS VIKAS ECOTECH OFFICE AND PROMOTER'S RESIDENCE

• VIKAS ECOTECH LTD - VISIT CONCLUDED WITHOUT ANY ADVERSE INFERENCES

• VIKAS ECOTECH LTD - INVESTIGATION PERTAINS TO THIRD-PARTY ENTITIES AND TRANSACTIONS

• VIKAS ECOTECH LTD - NO MATERIAL IMPACT ON FINANCIALS OR OPERATIONS OF VIKAS ECOTECH

Source text: ID:nNSE9l6wF0

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March 4 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - BOARD TO CONSIDER SCHEME OF CAPITAL REDUCTION

Source text: ID:nBSE9d1tnC

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Jan 1 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - TO RAISE FUNDS UP TO 2 BILLION RUPEES

• VIKAS ECOTECH - TO RAISE FUNDS 2 BILLION RUPEES VIA QIP OR ANY OTHER PERMISSIBLE MODE

Source text: ID:nNSEwzshq

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Dec 27 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - TO CONSIDER ISSUANCE OF SECURITIES TO AUGMENT RESOURCES

• VIKAS ECOTECH LTD - BOARD TO DISCUSS STRATEGIC GUIDANCE AND RESTRUCTURING

Source text: ID:nBSE1fJ8tQ

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Dec 19 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH - NAMES MAHAVIR AGARWAL AS CFO

Source text: ID:nNSE1Y1Mnq

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Dec 5 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH - SPECIALTY COMPOUNDS DIVISION ON TRACK FOR BUSINESS OF 500 MILLION RUPEES BY Q4 END

Source text: ID:nBSE5npFm8

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Oct 3 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• CFO AMIT DHURIA RESIGNS

Source text for Eikon: ID:nBSE6X84SP

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Feb 7 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH'S DEBT REDUCTION PROGRAM - UPDATES

• HAVE RE-PAID ANOTHER 75 MILLION RUPEES TO BANKERS AS PART OF PRE-DEFINED DEBT REDUCTION PROGRAM

• TOTAL BANK DEBT REDUCED TO ABOUT 350 MILLION RUPEES CURRENTLY

Source text for Eikon: ID:nNSE1Bhfqx

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Feb 5 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• RE-PAID FURTHER 75 MILLION RUPEES TO BANKERS AS PART OF CO'S PRE-DEFINED DEBT REDUCTION PROGRAMME

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Jan 23 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• ACQUIRES 100% EQUITY OF SHAMLI STEEL AT ENTERPRISE VALUE OF 1.6 BILLION RUPEES IN A SHARE SWAP DEAL

Source text for Eikon: [ID:]

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Dec 13 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• GRANTED PATENT FOR “A PROCESS FOR THE SMART CONJUGATED POLYMER NANOCOMPOSITES FOR CORROSION PROTECTION IN SALINE ENVIRONMENT”

Source text for Eikon: ID:nBSE21Wbcn

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Oct 31 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• ACQUIRED 100% EQUITY OF AN EXISTING PLASTICIZER MANUFACTURING BUSINESS IN ALL CASH DEAL

• ENTERPRISE VALUE AT 270 MILLION RUPEES

Source text for Eikon: ID:nBSE7HfYF2

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Oct 16 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• GRANTED IN-PRINCIPLE APPROVAL FOR EVALUATING CONSOLIDATION PROPOSAL OF CO WITH VRINDAA ADVANCED MATERIALS

Source text for Eikon: ID:nBSE5VYSC7

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Sept 5 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - RE-PAID ANOTHER 50 MILLION RUPEES TO BANKERS AS PART OF ITS PRE-DEFINED DEBT REDUCTION PROGRAM

Source text for Eikon: ID:nBSE3fM1jW

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Aug 18 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• CO PAID BACK ANOTHER 50 MILLION RUPEES APPROX, TAKING TOTAL AMOUNT OF BANK-DEBT DOWN TO ABOUT 600 MILLION RUPEES

Source text for Eikon: ID:nBSEbTZq8R

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Aug 11 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• JUNE-QUARTER PROFIT 15.5 MILLION RUPEES VERSUS 14.6 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 577 MILLION RUPEES VERSUS 886.9 MILLION RUPEES

Source text for Eikon: ID:nBSE7XWyCZ

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Aug 7 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• CO VENTURED INTO ARENA OF GREEN-ENVIRO-FRIENDLY INFRASTRUCTURE DEVELOPMENT PROJECTS IN COLLABORATION WITH M/S ARM ESTATE PROJECTS

Source text for Eikon: ID:nBSEbBlJ2g

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Aug 4 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• GOT ORDERS VALUED AT ABOUT 200 MILLION RUPEES FOR SUPPLYING COAL TO PRISM JOHNSON

• SUPPLIES FOR ORDER WILL START WITHIN NEXT 15 DAYS AND WILL BE COMPLETED BY 31 OCTOBER 2023

Source text for Eikon: ID:nBSEGNq29

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June 22 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• HAS FURTHER REPAID BANK DEBTS BY 73 MILLION RUPEES

• TOTAL AMOUNT OF BANK-DEBT REDUCED TO 718 MILLION RUPEES

Source text for Eikon: ID:nBSE6qG9X0

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June 19 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• BAGGED FRESH ORDERS FOR SPECIALTY COMPOUNDS VALUED AT AN APPROX 90 MILLION RUPEES

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June 12 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• VIKAS ECOTECH LTD - APPROVED ISSUE PRICE AT 2.80 RUPEES PER SHARE

• VIKAS ECOTECH LTD - ISSUE PRICE FOR SHARES TO BE ALOTTED TO ELIGIBLE QUALIFIED INSTITUTIONAL BUYERS

Source text for Eikon: ID:nBSE4nZPqT

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May 31 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• APPROVED FLOOR PRICE FOR QUALIFIED INSTITUTIONS PLACEMENT OF SHARES OF 2.92 RUPEES PER SHARE

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May 4 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• COLLABORATES WITH NICE APARTMENT CONSTRUCTIONS

• ESTIMATED PROJECT COST OF TARGETED PROJECTS IS ABOUT 1.15 BILLION RUPEES

Source text for Eikon: ID:nBSE69HnMD

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May 2 (Reuters) - Vikas Ecotech Ltd VIEC.NS:

• PAID BACK ABOUT 52.20 MILLION RUPEES, TAKING TOTAL AMOUNT OF BANK-DEBT REDUCED TO 791.30 MILLION RUPEES

• OVERALL BANK-DEBT REDUCTION TO 908.70 MILLION RUPEES TILL DATE

Source text for Eikon: ID:nBSE1GMjyW

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