Vikas EcoTech Limited — Capital/Financing Update 2021

Nov 16, 2021

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November 16, 2021

Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Phirozee Jeejeebhoy Towers, Complex, Bandra (E), Dalal Street, Fort, Mumbai 400051 Mumbai - 400 001 NSE Symbol: VIKASECO Scrip Code: 530961

Sub: Intimation for Meeting of the Board of Directors to be held on November 20, 2021

Ref: Regulation 29(1)(d) of the SEBI (LODR) Regulations, 2015

Dear Sir/Madam,

This is further to our intimation on the outcome of the meeting of the Board of Directors of the Company (“Board”) dated August 31, 2021 and Annual General Meeting held on September 27, 2021, where the issue of partly paid-up equity shares of the Company of face value of ₹1 each (“Equity Shares”) was approved by way of a rights issue for an amount upto ₹ 50 crores (“Rights Issue”), in accordance with the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws. However, the Right Issue Size was further restricted upto ₹49.85 Crore vide Draft Letter of Offer dated November 1, 2021.

In furtherance to the same, we hereby inform that in accordance with Regulation 29(1)(d) of the SEBI (LODR) Regulations, 2015, a meeting of the Board of Directors of the Company is scheduled to be held on Saturday, November 20, 2021 to consider, inter alia, various matters relating to the Rights Issue including terms and conditions such as the determination of the Rights Issue price and related payment mechanism, Rights Issue size, Rights Entitlement Ratio, the Record Date and timing of the Rights Issue and other matters incidental or connected therewith.

You are requested to take the information on record and oblige.

Thanking you,

Yours Faithfully,

for Vikas Ecotech Limited

SAJWANI Digitally signed by PRASHANT SAJWANI PRASHANT

Prashant Sajwani Company Secretary and Compliance Officer

Regd. Off: Vikas House, 34/1, East Punjabi Bagh, New Delhi – 110026

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