Vikas WSP Limited has adjourned its 37th Annual General Meeting (AGM) due to the non-availability of the requisite quorum. The meeting was originally convened on June 24, 2026, at 11:30 A.M. through Video Conferencing and Other Audio Visual Means (VC/OAVM). Consequently, the AGM has been rescheduled to July 1, 2026, at 11:30 A.M. via the same mode.

The adjournment follows the provisions of Section 103 of the Companies Act, 2013. The Adjourned 37th AGM will be conducted from the project address located at 310, New Delhi House, 27, Barakhamba Road, New Delhi - 110001. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), with its affairs managed by the Interim Resolution Professional, Mr. Darshan Singh Anand.

Meeting Details

The rescheduled meeting details are as follows:

Agenda for the Adjourned Meeting

The Adjourned 37th AGM will transact ordinary and special business. The ordinary business includes the adoption of audited standalone financial statements for the financial year ended March 31, 2025, and the reappointment of Mr. Baljinder Singh (DIN: 09425377), who retires by rotation.

The special business concerns the appointment of a secretarial auditor for a term of five years from FY 2025-26 to FY 2029-30. The resolution seeks shareholder approval to appoint M/s. Saurabh Agrawal & Co., Company Secretaries, subject to remuneration fixed by the Board.

The Register of Members and Share Transfer Books will remain closed from June 18, 2026, to June 24, 2026 (both days inclusive). The facility for appointment of proxies is not available due to the VC/OAVM mode. MUFG Intime India Private Limited has been engaged to facilitate remote e-voting and e-voting during the AGM.

The disclosure was made in compliance with Regulation 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Saroj Kumar Senapati, Company Secretary & Compliance Officer, signed the intimation sent to BSE Limited.

vikas wsp reported a standalone net loss of ₹6,697.57 lakh for the year ended March 31, 2026, widening from ₹2,661.07 lakh in the previous year. Total income from operations for the year declined to ₹25.75 lakh from ₹26.34 lakh in FY25. The company is currently under the corporate insolvency resolution process, with its affairs managed by the Resolution Professional.

For the quarter ended March 31, 2026, the company reported a net loss of ₹4,071.65 lakh, compared to a loss of ₹40.74 lakh in the corresponding quarter of the previous year. Total income from operations for the quarter stood at ₹8.39 lakh, slightly higher than ₹8.31 lakh in the same period last year. The basic and diluted earnings per share (EPS) for the year stood at ₹(3.25), compared to ₹(1.30) in the previous year.

Financial Performance

The company's financial results for the quarter and year ended March 31, 2026, were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 28, 2026. The Independent Auditor's Report of the Statutory Auditors is being filed with the Stock Exchange. The company continues to operate under the provisions of the Insolvency and Bankruptcy Code, 2016.

The company's equity share capital remained unchanged at ₹20,440.40 lakh during the period. The total comprehensive income for the year stood at ₹6,636.34 lakh, a significant shift from the negative comprehensive income reported in the previous year. The detailed financial results are available on the BSE website.