Annual General Meeting of the company held today on Saturday, 30th August, 2025 was adjourned due to want of Quorum.
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Vikas WSP Limited's 36th Annual General Meeting, originally scheduled for August 30, 2025 at 12:00 PM via video conferencing, could not be conducted as the required quorum was not present. Under Section 103 of the Companies Act, 2013, the meeting was adjourned and will now be held on Saturday, September 6, 2025 at 12:00 PM through VC/OAVM from the company's office in Sri Ganganagar, Rajasthan. It is important to note that the company has been under the Corporate Insolvency Resolution Process (CIRP) since February 2, 2022, and its affairs are being managed by Resolution Professional Mr. Darshan Singh Anand. The quorum failure suggests low shareholder engagement at this meeting.
For shareholders, this is largely a procedural event — the business of the AGM will be taken up at the adjourned meeting on September 6, 2025. However, the failure to meet quorum combined with the ongoing insolvency process is a red flag and may reflect weak shareholder participation or confidence in the company.