Vikas Lifecare Ltd

Vikas Lifecare Limited: Trading Window closed from October 01, 2026 until expiry of 48 (Forty-Eight) hours after the declaration of the Unaudited Financial Results for the quarter and half year ended September 30, 2026

AGM extension approval

• ROC Delhi-II approved extension of time for holding AGM for FY2026 by 2 months 28 days.
• The extension was granted under Section 96 of the Companies Act, 2013.
• AGM to be convened within the extended period; date to be announced.
• Application SRN AC5745771 filed on 01/09/2026 seeking extension.
• ROC letter dated 16/09/2026 granting extension.
• Accounting year ended 31/03/2026; AGM due 30/09/2026 under Section 96.

AGM extension filing

• Company filed with ROC Delhi under Section 96 seeking extension of time to convene AGM for FY2026.
• Approval pending; AGM will be held within the extended period once ROC approves.
• Company will inform stock exchanges upon ROC approval.

Board Update

• Board approves standalone and consolidated Audited financial results for year ended 31 March 2026.
• Auditor's report on standalone results includes a qualified opinion.

Key Matters

• Settlement with HSPL for ₹52 crore; agreement dated 30 May 2026.
• Ebix investment under Eraaya Lifespaces; 51% EIHL shares transferred; approvals pending.
• Loans and investments not compliant with Section 186; repayment defaults noted.
• Related party transactions with promoter group; shareholder approvals pending.
• Disposal of 51.38% stake in Shashi Beriwal & Co; loss ₹7.06 crore.
• Sale of Arihant Nagar Delhi property; loss ₹2.56 crore.
• Impairment on advance for Abhhyam acquisition; recovery disputed.
• ED provisional attachment of assets; ₹1,333.84 lakhs; challenge ongoing.
• SEBI investigation ongoing; no final order yet.
• FEMA/ODI compliances pending; regularisation underway.

Financial Highlights

• Standalone revenue from operations for year ended 31 Mar 2026: ₹49,205.46 lakh.
• Standalone total income for year ended 31 Mar 2026: ₹62,555.60 lakh.
• Standalone net profit after tax for year ended 31 Mar 2026: ₹8,617.23 lakh.
• Consolidated revenue for year ended 31 Mar 2026: ₹63,510.33 lakh.
• Consolidated net profit for year ended 31 Mar 2026: ₹1,836.19 lakh.
• Consolidated total comprehensive income for year ended 31 Mar 2026: ₹1,953.52 lakh.

Promoter arrest update

• Promoter Mr. Vikas Garg has been taken into custody by the Directorate of Enforcement.
• The company states there is no material impact on operations, with business continuing in ordinary course.
• The company is evaluating the development with legal advisors and will take appropriate steps.
• Estimated amount involved is not ascertainable.
• Disclosures under Regulation 30 with Annexure 1 have been provided.
• Occurrence date July 14, 2026; filing dated July 15, 2026.
• No governance changes disclosed in this update.

Exchange reporting status

• Details of dematerialized and rematerialized securities were furnished to all stock exchanges where shares are listed.

Board action & audit status

• Board approved standalone and consolidated audited results for quarter and year ended 31 March 2026.
• Auditor’s report on standalone results carries a qualified opinion.

Standalone FY2026 financials

• Standalone FY2026 net profit after tax: ₹8,617.23 lakh.
• Standalone FY2026 total comprehensive income: ₹8,581.64 lakh.

HSPL settlement

• Settlement with HSPL for ₹52 crore principal; ₹3 crore additional compensation payable.
• ₹3 crore compensation not recognized in FY2026 results; balance outstanding remains unconfirmed.

Ebix investment

• 51% EIHL transferred to VLL; investment accounted as associate; approvals pending.

Related party transactions

• Related party transactions with promoter group/subsidiaries; shareholder approvals pending.

Regulatory filings & ODI compliance

• ODI forms and RBI filings pending; regularisation in progress across jurisdictions.

Disposals, impairments, and regulatory actions

• Tax demands ₹26.44 crore; ED attachment on properties; SEBI investigation ongoing; no material impact expected.