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Vikas EcoTech Limited Capital/Financing Update 2021

Dec 29, 2021

62285_rns_2021-12-29_dcfd8735-901f-4e5c-9950-8de216bcfce9.pdf

Capital/Financing Update

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==> picture [453 x 84] intentionally omitted <==

December 29, 2021

Listing Compliance Department Listing Compliance Department BSE Limited. National Stock Exchange of India Limited. Phirozee Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai 400051 Mumbai - 400 001 Fax: 022-26598235/36

Scrip Code: 530961

NSE Symbol: VIKASECO

Sub: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
Ref.: Outcome of Meeting-Allotment of Equity Shares

Dear Sir/ Madam,

With reference to the captioned subject and in furtherance of the meeting of the Board of Directors held on November 20, 2021, this is to inform you that in accordance with (i) the Letter of Offer dated November 20, 2021 and (ii) in accordance with the Basis of Allotment finalized in consultation with BSE Limited (Designated Stock Exchange) and the Registrar to the Issue, the Rights Issue Committee of the Company has, at its meeting held today i.e December 29, 2021 approved the allotment of 30,90,09,241 Partly Paid-up Rights Equity shares of face value of Re. 1 each at a price of Rs. 0.80 per Rights Equity share including premium of Re. 0.30 per Rights Equity share (on Application) to the eligible applicants.

Please take the above information on record.

Thanking you,

Yours Faithfully, for Vikas Ecotech Limited

SAJWANI Digitally signed by SAJWANI PRASHANT PRASHANT Prashant Sajwani Company Secretary