Vikas EcoTech Limited — Capital/Financing Update 2019

May 30, 2019

y

Ph.: +91-1143144444 - Email : info@vikasecotech.com - Website : www.vikasecotech.com - CIN -L65999DL1984PLCO19465

V'E'I'I/BM/OUTCOME/Ol/2019 30.05.2019

The General Manager—Listing	The General Manager-Listing
Limited.National Stock Exchange	7BSE Limited.
Exchange Plaza, Bandra—Kurla Complex,	Phirozee IeejeebhoyTowers,
Bandra (E),Mumbai 400051,	Dalal Street,Fort,
Fax: 022—26598235/36	Mumbai —400 001
V'IKASECONSE Symbol:	Scrip Code: 530961

Sub: Audited Financial Results and Outcome of the Board Meeting

Dear Sir,

This is to inform that the meeting of the Board of Directors of the Company was held today i.e. on 30th May, 2019 at 11:30 A.M. at its registered office and, inter alia, following decisions were taken thereat:

• 1. The Audited Financial Results for the last quarter and financial year ended on 31st March 2019 were approved and Auditors Report thereon was taken on record. Copy of Financial Results and Auditors Report is attached. It is further confirmed that the Auditors have issued their report with unmodified opinion for the financial year ended 31st March, 2019.
• 1. Recommendation of final dividend @ 5% i.e. Rs. 0.05/- (Five Paisa) per equity share of the Company. The dividend, if approved, will be paid within 30 days of Annual General Meeting of the Company for the year 2019.
• 1. Revision of Company's Code of practices and procedures for fair disclosure of unpublished price sensitive information in terms of SEBI (Prohibition Of Insider Trading) Regulations, 2015. The amended code is attached.

Kindly take this on record.

Thanking you. For Vikas Ecotech Limited For Vikas Ecotech Limited:

(>3, \ l ,. §J\ "v,"')\ / \a ~ WE: DhLL'I AmitthJ 'a \7\_,/ <7; {-4 hi«at-aw! N \ . \ Chief FinancialOffickggi/

End: a/a.

Regd. Office : Vikas House, 34/1, East Punjabi Bagh, New Delhi- 110026 (INDIA)

Plant 1 : Industrial Growth Centre, Phase—I, SIDCO Complek'Distt. Samba—187 121 (J&K) Plant 2 : 6-24-30, Vigyan Nagar, RIICO Indl. Area, Shahjahanpur, Distt. Alwar-301 706 (Raj)

VIKAS ECOTECH LIMITED

Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

This Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information is laid in terms of Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 ('PIT Regulations') envisaging formulation of a "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" for the Board of Directors ofthe Company.

I. Commencement

This Code shall become applicable with effect from 1St April, 2019.

II. Principles of Fair Disclosure for purposes of Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

This Code intends to formulate a framework and policy for fair disclosure of events and occurrences that could impact price discovery in the market for the Company's securities. To ensure fair disclosure of events and occurrences that could impact price discovery in the market, the Board of Directors of the Company shall adhere to the following Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information envisaged in Schedule A of SEBI (Prohibition of Insider Trading) Regulations, 2015.

1. It shall be ensured that uniform and universal dissemination ofunpublished price sensitive information is promptly made to avoid selective disclosures.

2. The Compliance Officer is designated as Chief Investor Relations Officer to deal with dissemination and disclosure ofunpublished price sensitive information.

3. It shall be ensured that prompt public disclosure ofunpublished price sensitive information is made to make it generally available, once it is discovered that credible and concrete information having the potential of effecting the price of securities of the Company exists or comes into being.

4. It shall be ensured that any unpublished price sensitive information which gets disclosed selectively or inadvertently, is promptly disseminated through Stock Exchanges and made generally available.

5. It shall be ensured that appropriate and fair responses and replies are promptly provided/ given to the news report and any request for verification of market rumours received from regulatory authorities.

1. It shall be ensured that no unpublished price sensitive information is shared with analysts and research personnel.

2. Best practices shall be followed to ensure the recordings/transcripts of the proceedings of meetings with analysts and other investor relation conferences are disseminated by publishing the same on the website ofthe Company.

3. Unpublished price sensitive information is to be handled on need-to-know basis.

III. Policy for determination of 'Legitimate Purpose'

Unpublished price sensitive information shared by an Insider shall be construed in pursuance of a "Legitimate Purpose" when such information is shared

• 1. on a need-to-know basis in the ordinary course of business ofthe Company; and
• 1. with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals or other advisors or consultants of the Company; or
• 1. with any other person for a reason deemed necessary in relation to business or management ofthe Company, including activities incidental or ancillary thereto.

Any person in receipt of unpublished price sensitive information pursuant to a "legitimate purpose" shall also be considered as an "insider" in terms of PIT Regulations for the purpose ofcompliance and be notified to maintain confidentiality.