The 36th Annual General Meeting of the company which was held on Saturday, 30th August, 2025 at 12:00 P.M. was adjourned due to want of quorum. The adjourned Annual General Meeting will ....
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Vikas WSP Limited's 36th Annual General Meeting, originally scheduled for 30th August 2025, could not be held due to non-availability of the required quorum and has been adjourned. The adjourned AGM will now be held on Monday, 8th September 2025 at 12:05 PM through video conferencing. Only two ordinary business items are on the agenda: adoption of audited financial statements for FY ending 31st March 2024, and the reappointment of Mr. Pawan Singla as a director retiring by rotation (whose DIN has been deactivated). The company continues to be under the Corporate Insolvency Resolution Process (CIRP) since 2nd February 2022, with Bank of India as the petitioner and Mr. Darshan Singh Anand as the Resolution Professional. The RP has filed an application with NCLT Chandigarh for approval of the resolution plan submitted by M/s Arcbolt Space and Foods Private Limited, which was already approved by the Committee of Creditors in their 11th meeting.
Shareholders should note the new AGM date of 8th September 2025 and participate through video conferencing to ensure quorum is met this time. The quorum failure is a procedural concern but the larger event to watch is the pending NCLT approval of the Arcbolt Space and Foods resolution plan, which will determine the company's future direction and whether shareholders receive any recovery. The non-cooperation of ex-directors and the deactivated DIN reflect ongoing governance complications during the insolvency process.