Vikas Lifecare Ltd

Vikas Lifecare Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from October 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. The restriction applies to promoters, directors, designated persons, and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The exact date of the board meeting to approve these financial results will be communicated separately.

Vikas Lifecare Ltd has received approval from the Registrar of Companies, Delhi-II, for an extension of 2 months and 28 days to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The company had applied for this extension under Section 96 of the Companies Act, 2013, due to circumstances preventing timely convening of the AGM. The new AGM date will be communicated to the stock exchanges once finalized by the Board of Directors.

Vikas Lifecare Ltd has applied to the Registrar of Companies, Delhi, for an extension to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The company is seeking this extension under Section 96 of the Companies Act, 2013. Vikas Lifecare will inform stakeholders once approval is received and will convene the AGM within the extended period as permitted.

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.