Vikas EcoTech Limited — Capital/Financing Update 2022

May 11, 2022

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May 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

Sub: Media Release Consumer Products Business: Receipt of fresh orders for Infrastructural Steel

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclsoure Requirements) Regulations, 2015, please find enclosed herewith copy of Media Release being made by the company today titled "Consumer Products Business: Receipt of fresh orders for Infrastructural Steel”.

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.

Thanking you,

Yours Faithfully, for Vikas Ecotech Limited

DINESH Digitally signed by DINESH BHARDWAJ BHARDWAJ

Dinesh Bhardwaj Director & CEO DIN: 07719674

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Media Release Consumer Products Business: Receipt of fresh orders for Infrastructural Steel.

New Delhi, 11’May 2022: Vikas Ecotech Limited is glad to share updates from the Consumer Business Division.

The Consumer products division of the company has won confirmed orders for infrastructural product business segment valued at about INR 200 million. These fresh orders for supplies of infrastructural steel will be executed within the Q1 of FY 2022-23, in addition to this, the company is expecting more orders for the ongoing construction projects which have gained a pace after the Uttar Pradesh Elections, these orders will give a considerable leverage to the Top Line and riding on this success, the company will be exceeding the business projections for the First Quarter of the current fiscal year.

Vikas Ecotech Limited, in accordance to the long-term plan, has been sprinting to broad-base the conventional Raw Material (B2B business) via venturing into a wide variety of final products (B2C products). The company has been specifically focussing on growing its consumer products division, alongside continuously working to expand the offing to the conventional business segments, targeting to tap into the ever-growing business potential and the strong and steady demand for the infrastructural materials and products in India, which has a huge scope to offer opportunities for a long lasting and huge business growth.

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.