The company board of Vikas EcoTech is scheduled to meet on Thursday, August 31, 2023 to issue securities, convertible instruments on preferential basis for an amount not exceeding Rs 35 crore.
Vikas EcoTech has paid back Rs 7 crore in order to reduce bank-debt to Rs 65 crore. The company has reduced its bank-debt substantially from its peak at Rs 96.2 crore.