Vikas Ecotech Limited announced that the Company has ventured into the arena of Green-Enviro-friendly Infrastructure Development Projects in collaboration with M/s ARM Estate Projects Pvt Ltd. M/s ARM Estate Projects Privatet Ltd. operates business under the able leadership of Mr. Govind Aggarwal & Mr. Naresh Aggarwal of the renowned "Unity Group", holding a vast experience of over 30 years in the field of residential, commercial and hospitality segments of the Real Estate Development business. Vikas Ecotech Limited entered a collaboration arrangement wherein the Company will be inducing 75% of the total Project Cost as the collaborator. The estimated Project Cost of targeted projects is about INR 500 million, including the cost of lands as well as the costs to be incurred for the Construction and Development of Commercial Buildings at 2 locations in Gurugram, Haryana.

Vikas Ecotech Limited has induced INR 150 million during July 2023 in lieu of the payments accrued towards the land parcels in the ongoing investments in Delhi/NCR, the remaining contribution of INR 225 million will be induced at appropriate stages in the project development. Vikas Ecotech Limited have been considering similar proposals which complement the existing business and venturing into Infrastructure Development segment makes a forward integration for many of its Products and Materials that The Company is currently supplying to the infrastructure development projects as well as certain products and materials that the company will start manufacturing in the near future. The new venture will generate additional sales of Infra Products for the company adding to the business volumes, and resultant profitability and on the other hand will lead to broad-basing of business interests for the Company.