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Vikas EcoTech Limited Capital/Financing Update 2022

Jun 12, 2022

62285_rns_2022-06-12_3ecb0062-a708-4e72-b1a3-d0b9c4551381.pdf

Capital/Financing Update

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June 11, 2022

Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited. BSE Limited. Exchange Plaza, Bandra-Kurla Complex, Phirozee Jeejeebhoy Towers, Bandra (E), Mumbai 400051 Dalal Street, Fort, Fax: 022-26598235/36 Mumbai - 400 001 NSE Symbol: VIKASECO Scrip Code: 530961

NSE Symbol: VIKASECO

Sub: Media Release

Business Updates: Order Book Status for the Infrastructure Business Division

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclsoure Requirements) Regulations, 2015, please find enclosed herewith copy of Media Release titled " Order Book Status for the Infrastructure Business Division”.

The above information is also available on the company’s website at www.vikasecotech.com.

We request you to kindly take the above information on record and oblige.

Yours Faithfully,

for Vikas Ecotech Limited

DINESH Digitally signed by DINESH BHARDWAJ BHARDWAJ Date: 2022.06.11 18:57:05 +05'30'

Dinesh Bhardwaj Director DIN: 07719674

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)

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Media Release

Business Updates: Order Book Status for the Infrastructure Business Division.

New Delhi, 11’June 2022: Vikas Ecotech Limited is glad to share updates on order book for Infrastructural Products, the company has received orders valued INR 360 million to be supplied in Q2_FY2022-23.

The infrastructure development segment in India witnessed a double-digit growth during recent years and offers exponential growth prospects for the future, whereas the public sector (Government) plans to invest about INR 102 lakh crore on infrastructure projects by 2024-25, the private sector is also poised to keep growing at encouraging numbers.

Vikas Ecotech Limited has been catering to the infrastructure development industry as one of its major business divisions targeting broad-basing of its product portfolio. The company will be focussing on this business segment and adding more products and reaching out to more geographical locations. Considering the potential of the targeted business segment and the strong status of the order book Annual Sales Target for Infrastructure Products Division for the Financial Year 2022-23 has been heightened to INR 2250 Million on standalone basis.

About the Company:

Vikas Ecotech Ltd. Is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.

Vikas Ecotech is the only manufacturer of Organotin (Heat Stabilizers for Vinyl applications) in lndia with in-house R&D facilities and is one of the single digit number of manufacturers of this product worldwide, who have technology and expertise for manufacturing this material right from Tin Metal to the final product.

Vikas Ecotech is expanding its business and product portfolio has added many consumer (final) products to its conventional (raw material businesses) profile. The new business segments include Infrastructure Products like Steel Pipe Fittings, MDPE Pipes for Gas applications to its business lines.

The securities of the Company are listed on both the Stock Exchanges, BSE (Scrip Code: 530961) and NSE (Scrip Code: VIKASECO).

Disclaimer: Certain statements, words in this document that are not historical facts are forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks and many other factors that could cause actual result to differ materially from those contemplated by these forward-looking statements. Vikas Ecotech Limited shall not be in any way responsible for any action taken based on such statement.