VIKAS LIFECARE LIMITED — Capital/Financing Update 2021

Oct 21, 2021

==> picture [569 x 121] intentionally omitted <==

October 21, 2021

Listing Department National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex, Bandra (E), Mumbai 400 051

NSE Symbol: VIKASLIFE

Deptt of Corporate Services BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 Scrip Code: 542655

Dear Sir/ Madam,

Sub: Intimation for Meeting of the Board of Directors to be held on October 26, 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 25, 2021 and Annual General Meeting held on September 20, 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 October 13, 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 Tuesday, October 26, 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.

Yours Faithfully, for Vikas Lifecare Limited

MONIKA Digitally signed by MONIKA SONI SONI Date: 2021.10.21 14:42:51 +05'30' Monika Soni Company Secretary

==> picture [580 x 40] intentionally omitted <==