Vikas Lifecare Ltd

Vikas Lifecare Ltd has disclosed a significant development wherein one of its Promoters, Mr. Vikas Garg, has been taken into custody by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002. This follows earlier disclosures regarding proceedings initiated by the Directorate concerning transactions involving foreign entities and FPIs. The company is consulting legal advisors to assess the situation and determine appropriate actions. Vikas Lifecare states that this development has no material impact on its ongoing business operations, which continue as usual. Further disclosures will be made as required by law.

Vikas Lifecare Ltd announced that its Board of Directors has approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The company submitted its Standalone and Consolidated Audited Financial Results along with the Auditor's Report. The auditor issued a qualified opinion due to delays in statutory dues deposit and unobtained shareholder approvals for material related party transactions. The impact of these matters on the financial results could not be determined.

Vikas Lifecare Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. Promoters, directors, designated persons, and their immediate relatives are prohibited from trading during this period to prevent insider trading. The specific date for the board meeting to approve the financial results will be communicated separately.

Vikas Lifecare Ltd announced that its Board of Directors, in a meeting held on June 24, 2026, has approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The auditor's report, which includes a qualified opinion, highlights concerns regarding delays in statutory dues deposit and unobtained shareholder approvals for material related party transactions. The auditor could not determine the impact of these matters on the financial results.

Vikas Lifecare Ltd's Board of Directors convened on June 24, 2026, to approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting, held from 6:20 PM to 10:10 PM, also saw the review of the standalone and consolidated financial statements. However, the auditor's report includes a qualified opinion due to delays in statutory dues deposit and material related party transactions for which requisite shareholder approvals were pending. The auditor could not determine the impact of these matters on the financial results.

Vikas Lifecare Ltd has been informed by its promoter about receiving a Provisional Attachment Order from the Directorate of Enforcement. The order relates to proceedings involving foreign entities and SEBI-registered FPIs concerning transactions under examination, including alleged ultimate beneficiaries and third-party predicate offenses. The company states that no predicate offense has been alleged against Vikas Lifecare or its promoters. The company is examining appropriate legal recourse. Vikas Lifecare asserts that its business operations, financial position, customer commitments, and strategic priorities remain unaffected and continue to operate normally.

Vikas Lifecare Ltd has announced that its Board of Directors will convene on June 24, 2026, to approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The trading window for designated persons will remain closed until 48 hours after the declaration of these results.

Vikas Lifecare Ltd's Board of Directors met on April 21, 2026, and approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2025, and for the quarter and nine months ended December 31, 2025. These results were reviewed by the Audit Committee and subjected to Limited Review by the Statutory Auditors. Additionally, the Board approved seeking members' consent through an addendum to the postal ballot notice for undertaking various transactions, including related party transactions, investments, loans, guarantees, and creation of charges/mortgages, within limits approved by members, to facilitate efficient business operations.

Vikas Lifecare Ltd's Board of Directors approved the unaudited financial results for the quarter and half year ended September 30, 2025, and the quarter and nine months ended December 31, 2025. The results, both standalone and consolidated, were reviewed and recommended by the Audit Committee and subjected to Limited Review by the Statutory Auditors. The board also approved seeking members’ consent through an addendum to the postal ballot notice for certain transactions.

The Board of Directors of Vikas Lifecare Ltd approved the unaudited financial results for the quarter and half year ended September 30, 2025, and the quarter and nine months ended December 31, 2025. These results, both standalone and consolidated, were reviewed and recommended by the Audit Committee and subjected to Limited Review by the Statutory Auditors. The board also approved seeking members’ consent through an addendum to the postal ballot notice for certain transactions.