Hearing before the Hon''ble NCLT for application pertaining to the approval of Resolution Plan is now rescheduled to be held on 3rd September, 2025
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Vikas WSP Limited, currently under Corporate Insolvency Resolution Process (CIRP) since February 2022, informed that the NCLT Chandigarh hearing for approval of its Resolution Plan was adjourned. The matter was originally listed for 19th August 2025 but could not be taken up due to unavoidable circumstances and administrative constraints at the Tribunal. The hearing has now been rescheduled to 3rd September 2025. The company's affairs remain under the control of Resolution Professional Mr. Darshan Singh Anand, appointed by the NCLT.
This is a procedural delay and does not change the status of the resolution plan approval. Shareholders should note that the company remains suspended from active management control under CIRP, and any final resolution (approval or liquidation) is still pending. Continued adjournments could prolong uncertainty and affect stock price sentiment.