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, and its Articles of Association will be altered to facilitate future capital issues.

Shareholder approval will be sought for these proposals, which are critical steps to fund the company's expansion.