Vikas WSP Ltd — Important, 01-11-2025: Company Update

Vikas WSP Limited, currently undergoing corporate insolvency resolution, has updated stakeholders on a significant legal proceeding. The company informed that a hearing was conducted where arguments were presented before the Adjudicating Authority concerning a matter under the Prevention of Money Laundering Act. This ongoing legal case is critical for the company, as its outcome could impact the assets and the broader insolvency resolution process. The matter has been scheduled for further hearing, and the company continues to monitor and participate in these proceedings. This development is important for investors tracking the company’s path through insolvency.