Viksit Engineering Ltd — Updates, 25-07-2025: Company Update

The Monitoring Committee has met to confirm the successful implementation of the company's Resolution Plan. It approved delegating authority to the Board for statutory and legal compliances related to the plan. The committee also noted the complete handover to the Successful Resolution Applicant and decided to dissolve itself, signifying the successful execution of the plan. Furthermore, it authorized the former Resolution Professional and/or committee Chairperson to file an application with the National Company Law Tribunal seeking confirmation of the plan's successful implementation. This marks a key milestone for the company and its stakeholders.