Viksit Engineering Ltd — Capital/Financing Update 2025

May 10, 2025

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May 10, 2025 Ref No.: VEL/SEC/2025-26

To,

Corporate Relationship Department,

BSE Limited

1[st] Floor, New Trading Ring,

Rotunda Building, P J Towers,

Dalal Street, Fort,

Mumbai– 400001.

Sub: Outcome of Third (3[rd] ) meeting of Monitoring Committee of the Company.

Ref: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR) Regulations’).

Dear Sir/Madam,

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, we wish to inform you that the third (3[rd] ) meeting of Monitoring Committee of the Company was held on Saturday, May 10, 2025 at 205 2nd Floor Nadiadwala Market Near S M Lal Poddar Road Malad East Mumbai 400097.

The Monitoring Committee in its meeting held today i.e. May 10, 2025, interalia considered and approved the following:

• 1) Issuance of 2,37,500 fully paid-up equity shares to the Successful Resolution Applicant in terms of the approved Resolution Plan.

The Monitoring Committee has approved the issuance of 2,37,500 fully paid-up equity

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shares to the Successful Resolution Applicant in terms of the approved Resolution Plan.

These shares shall rank pari-passu, in all respects with the existing equity shares of the company. The Application for listing approval with the stock exchange for the equity shares allotted as above shall be made in due course.

The disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular on Continuous Disclosure (SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023), regarding the issue of equity shares is annexed as “ Annexure-I”.

• 2) Intimation of Record Date under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”).

The Monitoring Committee at its 3[rd] Meeting held today, has approved 23[rd] May, 2025 (Friday) as the “Record Date” for the purpose of:

1. Cancellation and extinguishment of the entire shareholding held by the erstwhile Promoters; and

2. Reduction/reconstitution of existing equity share capital held by “Public” Shareholders category to 5% (five percent) of the proposed paid-up capital and determining the eligibility of Equity Shareholders of the Company entitled to the 12,500 equity shares of Rs. 10/- each in terms of the approved Resolution Plan.

3) Reconstitution of Committees.

The Monitoring Committee constituted pursuant to the Hon’ble NCLT order dated 11[th] February, 2025, at its meeting held on 10[th] May, 2025, has appointed the following

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persons on the Committees of the Company as mentioned below:

Audit Committee:

[Regulation 18 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015]

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Sr. Name Designation Category
No
1. Bhumika Parwani Independent Director Chairperson
2. Manpreet Kaur Lamba Independent Director Member
3. Kushal Chaturvedi Director Member
4. Chandni Khatri Company Secretary Secretary
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Nomination and Remuneration Committee:

[Regulation 19 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015]

Sr. No	Name	Designation	Category
1.	Bhumika Parwani	Independent Director	Chairperson
2.	Manpreet Kaur Lamba	Independent Director	Member
3.	Kushal Chaturvedi	Director	Member

The meeting of Monitoring Committee of the Company commenced at 5:00 p.m. and concluded at 6.15 p.m.

Kindly take the same on record.

Thanking you,

Yours sincerely,

For Viksit Engineering Limited

CHANDNI Digitally signed by CHANDNI KHATRI KHATRI Date: 2025.05.10 18:32:48 +05'30' Chandni Khatri Company Secretary Membership No: ACS-67132

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Annexure-I

Disclosures in terms of Regulation 30 of the Listing Regulations read with the Schedule III - and SEBI Circular on Continuous Disclosure (SEBI Circular SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023), in respect of Issuance of equity shares of the Company to Shareholders of Successful Resolution Applicant.

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S.No Particulars Details
1. Type of securities proposed to be Equity Shares
issued (viz. equity shares, convertibles,
etc.)
2. Type of issuance (further public Pursuant to Hon’ble NCLT order dated
offering, rights issue, depository February 11, 2025
receipts (ADR/GDR), qualified
institutions placement, preferential
allotment etc.)
3. Total number of securities proposed to Issuance of 2,37,500 Equity Shares of face
be issued or the total amount for which value of Rs. 10/- each.
the securities will be issued
4. Names of the investors 1) Mr. Kushal Chaturvedi
2) Mrs. Ruchika Chaturvedi
5. Post-Allotment of Securities: Outcome
of Subscription
6. Issue Price / Allotted Price (in case of
convertibles) Not Applicable as the shares
7. Number of Investors are not yet allotted.
8. in case of convertibles - intimation on
conversion of securities or on lapse of
the tenure of the instrument
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