Viksit Engineering Ltd — Updates, 10-05-2025: Company Update

Viksit Engineering has announced a board meeting on which the Monitoring Committee approved issuing 2,37,500 fully paid-up equity shares to the Successful Resolution Applicant as per the approved Resolution Plan. The Committee also set a Record Date to cancel all shares held by erstwhile promoters and reduce public shareholding to 5% of the new paid-up capital, determining eligibility for 12,500 equity shares of Rs. 10 each. Additionally, the Audit and Nomination & Remuneration Committees were reconstituted with Bhumika Parwani as Chairperson for both, alongside other independent directors and the company secretary.