The Annual General Meeting of the company which was held on today i.e. Saturday, 30th August, 2025 at 12:00 p.m. was adjourned due to want of quorum to same day & date, same time and same ....
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Vikas WSP Ltd's 36th Annual General Meeting, originally scheduled for August 30, 2025, was adjourned due to lack of quorum. It has been re-convened for September 6, 2025 at 12:00 PM via video conferencing. The company remains under Corporate Insolvency Resolution Process (CIRP) since February 2, 2022, initiated by Bank of India, with Mr. Darshan Singh Anand as the Resolution Professional. A resolution plan submitted by M/s Arcbolt Space and Foods Private Limited, approved by the Committee of Creditors, is pending NCLT approval. The AGM will consider adoption of FY2023-24 audited financial statements and the re-appointment of Mr. Pawan Singla as a director, though his DIN is currently deactivated.
The inability to meet quorum on the first attempt raises minor governance concerns. The AGM is a procedural step during ongoing CIRP and does not directly affect the insolvency outcome, which depends on NCLT approval of the pending resolution plan from Arcbolt Space and Foods.