With respect to the captioned subject, please find attached herewith 37th Annual Report with the cover letter.
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Vikas WSP Limited has submitted its 37th Annual Report for Financial Year 2024-25. The company remains under Corporate Insolvency Resolution Process (CIRP) initiated by NCLT Chandigarh on February 2, 2022, following a petition by Bank of India. The Resolution Professional (RP), Mr. Darshan Singh Anand, is managing the company's affairs with the board's powers suspended. The RP has filed an application with NCLT for approval of a Resolution Plan by M/s Arcbolt Space and Foods Private Limited, which was approved by the Committee of Creditors in August 2022. The AGM is scheduled for June 24, 2026, to consider adoption of audited financial statements, re-appointment of director Mr. Baljinder Singh, and appointment of secretarial auditor Mr. Saurabh Agrawal for five years.
Shareholders should note this is a company under insolvency proceedings where the resolution plan awaits NCLT approval. The stock remains suspended from trading implications. Any investment decisions should consider the CIRP status and pending resolution plan approval.