Vikas EcoTech logo

Vikas EcoTech MD, chairman, board of directors and AGM

NSE: VIKASECOBSE: 530961Chemicals & PetrochemicalsSmall Cap

Formerly Vikas GlobalOne
Last close ₹0.98down ₹0.02 (2.00%)BSE ₹0.99

Share price at the NSE close on 23 Oct 2026. Previous close ₹1.00.

52-week range of traded prices to 23 Oct 2026
₹0.98Low, 23 Oct 2026₹1.97High, 23 Oct 2025
Market cap
₹173 Cr2,266th largest listed
P/E
71.9
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
0.6%
ROCE
−0.1%
Debt to equity
0.07
Volume, NSE
37,02,31656.8% delivered

Vikas EcoTech board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonRAVI KUMAR GUPTA

6 directors3 independent3 executive

  • RAVI KUMAR GUPTA · ChairpersonIndependent · joined Feb 2019 · reappointed Mar 2024 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • KRATIKA JAINIndependent · joined Jun 2021 · reappointed Sep 2021 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • VIJAY KUMAR GOELIndependent · joined Jan 2025 · reappointed Feb 2025 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • DINESH BHARDWAJExecutive · joined Jan 2025 · reappointed Feb 2025 · 1 listed board
  • RAJEEV KUMARExecutive · joined Aug 2023 · reappointed Sep 2023 · 1 listed board · 2 committee seats
  • BALWANT KUMAR BHUSHANExecutive · joined May 2023 · reappointed Sep 2023 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 Aug 20265 of 6 present3 independent · 8 days in between
    • 17 Aug 20265 of 6 present2 independent · 46 days in between
    • 1 Jul 20265 of 6 present3 independent · 31 days in between
    • 30 May 20265 of 6 present3 independent

  • Audit Committee

    Chair RAVI KUMAR GUPTA

    VIJAY KUMAR GOEL, RAJEEV KUMAR

    • 26 Aug 20263 of 3 present2 independent · 8 days in between
    • 17 Aug 20263 of 3 present2 independent · 46 days in between
    • 1 Jul 20263 of 3 present2 independent · 31 days in between
    • 30 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair VIJAY KUMAR GOEL

    RAVI KUMAR GUPTA, KRATIKA JAIN

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair VIJAY KUMAR GOEL

    RAVI KUMAR GUPTA, RAJEEV KUMAR

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • KSMC & AssociatePeer-review certificate valid to May 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Vikas EcoTech AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vikas EcoTech dividend history

Annual general meeting, 29 Sep 2025

6,00,691 shareholders on the register on 22 Sep 2025; present: 0 promoters and 160 others; votes counted by AVINASH KUMAR / Avinash K & co.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR. RAJEEV KUMAR (DIN: 10271754), EXECUTIVE DIRECTOR, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT.
    OrdinaryPromoters have an interest in it
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.84%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  3. MEMBERS APPROVAL FOR SECURING THE BORROWINGS OF THE COMPANY UNDER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013.
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.20%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  4. AUTHORISE THE BOARD TO BORROW MONEY.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.34%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  5. MEMBERS APPROVAL FOR GIVING LOAN AND GUARANTEE OR PROVIDING SECURITY IN CONNECTION WITH LOAN AVAILED BY ANY SPECIFIED PERSON UNDER SECTION 185 OF THE COMPANIES, ACT, 2013
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.33%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  6. APPROVAL TO INCREASE LIMITS TO MAKE LOAN AND INVESTMENT EXCEEDING THE CEILING PRESCRIBED UNDER SECTION 186 OF THE COMPANIES ACT, 2013.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.35%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  7. APPROVAL FOR RELATED PARTY TRANSACTIONS UNDER SECTION 188 OF THE COMPANIES ACT, 2013
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  8. TO APPOINT SECRETARIAL AUDITOR OF THE COMPANY.
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.06%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

  9. APPROVAL OF REMUNERATION OF COST AUDITOR OF THE COMPANY.
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.09%

    Turnout: all 11.56% · promoters 99.68% · institutions 97.29% · other public 1.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 29 Mar 2025, 1 resolution

6,09,332 shareholders on the register on 22 Mar 2025; present: 0 promoters and 111 others; votes counted by CA Satnam Singh Bhambra / M/s Raj Madhu & Co.The company's voting result (opens in a new tab)

  1. APPROVAL FOR THE SCHEME OF REDUCTION OF PAID-UP SHARE CAPITAL BETWEEN COMPANY AND SHAREHOLDERS OF SHAMLI STEELS PRIVATE LIMITED
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 20.36% · promoters 81.95% · institutions 0.00% · other public 11.33%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 1 Feb 2025, 6 resolutions

5,91,627 shareholders on the register on 27 Dec 2024; votes counted by PANKAJ KUMAR GUPTA / Kumar G & Co..The company's voting result (opens in a new tab)

  1. TO APPROVE RAISING OF FUNDS THROUGH ISSUANCE OF SECURITIES BY THE COMPANY.
    Special
    99.55% for0.45% against

    Against: promoters 0.21% · institutions 0.00% · other public 7.29%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

  2. TO INCREASE IN AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION IN CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.24%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

  3. APPOINTMENT OF DR. DINESH BHARDWAJ (DIN: 07719674) AS DIRECTOR OF THE COMPANY
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.41%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

  4. APPOINTMENT OF DR. DINESH BHARDWAJ (DIN: 07719674) AS A WHOLE-TIME DIRECTOR OF THE COMPANY.
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is givenPromoters have an interest in it
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.25%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

  5. APPOINTMENT OF MR. VIJAY GOEL (DIN: 05014980) AS A DIRECTOR OF THE COMPANY.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.41%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

  6. APPOINTMENT OF MR. VIJAY GOEL (DIN: 05014980) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.
    Special
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.33%

    Turnout: all 10.59% · promoters 79.76% · institutions 0.00% · other public 0.42%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 7 resolutions

Present: 0 promoters and 56 others.The company's voting result (opens in a new tab)

  1. Adoption Of Audited Financial Statements For The Financial Year Ended March 31, 2024
    Ordinary
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  2. To Appoint A Director In Place Of Mr. Balwant Kumar Bhushan (Din: 09840934), Exceutive Director, Who Retires By Rotation And Being Eligible, Offers Himself For Reappointment
    OrdinaryPromoters have an interest in it
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.85%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  3. Members Approval For Securing The Borrowings Of The Company Under Section 180(1)(A) Of The Companies Act, 2013
    Special
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.95%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  4. nAuthorise The Board To Borrow Money
    Special
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.04%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  5. Members Approval For Giving Loan And Guarantee Or Providing Security In Connection With Loan Availed By Any Specified Person Under Section 185 Of The Companies, Act, 2013
    Special
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.23%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  6. Approval To Increase Limits To Make Loan And Investment Exceeding The Ceiling Prescribed Under Section 186 Of The Companies Act, 2013
    Special
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.02%

    Turnout: all 12.84% · promoters 82.17% · institutions 0.00% · other public 2.71%

  7. Approval For Related Party Transactions Under Section 188 Of The Companies Act, 2013
    Special
    83.12% for16.88% against

    Against: promoters 0.00% · institutions 0.00% · other public 92.23%

    Turnout: all 12.82% · promoters 82.17% · institutions 0.00% · other public 2.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Apr 2024, 4 resolutions

The company's voting result (opens in a new tab)

  1. Preferential Allotment of upto 38,03,50,000 equity shares by way of swap of shares (for consideration other than cash) for an acquisition of 100% stake of M/s. Shamli Steels Private Limited.
    Special
    98.33% for1.67% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.83%

    Turnout: all 7.52% · promoters 99.25% · institutions 0.00% · other public 0.75%

  2. Reclassification from Promoter Group category to Public category.
    Special
    98.36% for1.64% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.98%

    Turnout: all 7.49% · promoters 99.16% · institutions 0.00% · other public 0.73%

  3. Re-Appointment of Mr. Ravi Kumar Gupta (DIN: 01018072) as an Independent Director (Non-Executive) of the Company for the Second Term
    Special
    98.56% for1.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.81%

    Turnout: all 7.50% · promoters 99.25% · institutions 0.00% · other public 0.73%

  4. Re-appointment od Mr. Gyan Prakash Govil (DIN: 08477296) as an Independent Director (Non-Executuve) of the Company for the Second Term
    Special
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.63%

    Turnout: all 7.50% · promoters 99.25% · institutions 0.00% · other public 0.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2023, 8 resolutions

Present: 2 promoters and 50 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for The Financial Year Ended March 31, 2023
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.43%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.60%

  2. To Appoint a Director In Place of Mr. Vikas Garg (Din: 00255413), Managing Director, Who Retires By Rotation And Being Eligible, Offers Himself For Reappointment
    OrdinaryPromoters have an interest in it
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.39%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

  3. Appointment of Mr. Rajeev Kumar (Din: 10271754) as a Director of The Company
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

  4. Appointment of Mr. Rajeev Kumar (Din: 10271754) as Whole Time Director of The Company
    Special
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.92%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

  5. Appointment of Mr. Balwant Kumar Bhushan (Din: 09840934) as a Director of the Company.
    Ordinary
    99.38% for0.62% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.90%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

  6. Appointment of Mr. Balwant Kumar Bhushan (Din: 09840934) as Whole Time Director of the Company.
    Special
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.24%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

  7. Increase in Authorized Share Capital of the Company and Consequent Alteration in Capital Clause of the Memorandum of Association of The Company
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.60%

  8. To Approve Preferential Allotment of Upto 10,00,00,000 (Ten Crores Only) Fully Convertible Warrants to The Person Belonging to The Promoter Category.
    SpecialPromoters have an interest in it
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.10%

    Turnout: all 6.85% · promoters 93.98% · institutions 0.00% · other public 0.59%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 27 Feb 2023, 3 resolutions

Present: 0 promoters and 51 others.The company's voting result (opens in a new tab)

  1. Amendment in Object clause of the Memorandum of Association of thenCompany
    Special
    99.45% for0.55% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.64%

    Turnout: all 13.51% · promoters 95.85% · institutions 0.00% · other public 5.10%

  2. To approve raising of funds through Qualified Institutional Placementn(QIP) by the Company
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 13.51% · promoters 95.85% · institutions 0.00% · other public 5.10%

  3. To Authorize raising of funds through Right Issue of equity shares
    Special
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.42%

    Turnout: all 13.51% · promoters 95.85% · institutions 0.00% · other public 5.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2022, 8 resolutions

Present: 0 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Financial Statements of the Company for the year ended March 31, 2022 including the audited Balance Sheet as at March 31, 2022, the Statement of Profit and Loss with Cash Flow Statement for the year ended on that date and the reports of the Board of Directors and Auditors` thereon.MoreLess
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.51%

    Turnout: all 14.43% · promoters 90.36% · institutions 0.00% · other public 6.68%

  2. To appoint a director in place of Shri. Vivek Garg (DIN: 00255443), who retires by rotation and being eligible, offers himself for reappointment
    OrdinaryPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.10%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  3. Approval of Remuneration of Cost Auditor of the Company
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  4. Appointment of Mr. Dinesh Bhardwaj (DIN: 07719674) as a director of the Company
    Ordinary
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  5. Appointment of Mr. Dinesh Bhardwaj (DIN: 07719674) as a Whole Time Director of the Company
    Special
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  6. Amendment in Object Clause of the Memorandum of Association of the Company
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  7. Approval to increase limits to make loan and investment exceeding the ceiling prescribed under section 186 of the Companies Act, 2013
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.75%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

  8. Approval for Related Party Transactions under section 188 of the Companies Act, 2013
    Special
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.69%

    Turnout: all 14.31% · promoters 90.36% · institutions 0.00% · other public 6.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.