Viksit Engineering Ltd — Important, 28-11-2025: Company Update
28-11-2025 | 06:43 pm
28-11-2025 | 06:43 pm
Viksit Engineering's Board approved significant steps under an Approved Resolution Plan. This includes the extinguishment and reduction of Equity Share Capital. The company will also allot 12,500 new equity shares of Rs. 10 each to existing non-promoter shareholders, at a ratio of 503 new shares for every 10,000 shares held. These actions represent a major capital restructuring. Additionally, Mr. Manish Kumar Chaturvedi has been appointed as the new Chief Financial Officer and Key Managerial Personnel, bringing significant financial management expertise to the company.
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