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Incorporated in 1995, Vikas Lifecare Ltd is under four business segments which is trading(Base polymers, additives and chemicals meant for plastic processing, commodity compounds( Manufacturing up-cycled polymer compounds like EVA, PVC, PP,PE etc.), Environment protection( Recycling and up-cycling of plastic waste to fulfill EPR) and FMCG & Healthcare which can be further divided into different major segments which…
Vikas Lifecare's Fund-Raising Committee has approved the preferential issue of up to 61.90 crore fully convertible warrants. These warrants will be issued at Rs 1.60 each, aggregating up to Rs 99.05 crore. The proposed allottees include members from the promoter/promoter group and public categories. Each warrant can be converted into...
Vikas Lifecare's board has approved a significant capital raise of up to Rs 200 Cr. The company plans to issue warrants and/or equity shares on a preferential basis to fuel its business plan and growth strategy. To support this, the Authorized Share Capital will be increased to Rs 300 Cr,...
Vikas Lifecare (VIKASLIFE) has concluded arbitration against Eraaya Lifespaces, resolving a dispute over VIKASLIFE's USD 34.827 million contribution. VIKASLIFE was part of a consortium with Eraaya to acquire Ebix Inc. Eraaya failed to repay the contributed amount within agreed timelines, prompting VIKASLIFE to initiate arbitration. An award has now been...
Vikas Lifecare Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported operational stability with no new orders or major business developments. No fines or regulatory issues were noted. Expect routine performance updates without notable financial impact in the near term.
Vikas Lifecare has announced a board meeting to discuss key updates. The company accepted the resignation of Whole Time Director Parag Dadeech and restructured its Audit, Nomination and Remuneration, and Stakeholders Relationship Committees with Richa Sharma appointed Chairperson for all three. The registered office was relocated within Delhi from East...