Vikas Ecotech Limited

VIKASECO

INE806A01020

Specialty Chemicals

Market Closed - Bombay S.E. Other stock markets 06:15:04 2024-04-29 am EDT			5-day change	1st Jan Change
3.96 ^INR	0.00%		+1.28%	+7.90%

Mar. 27	Vikas Ecotech Arm to Supply Vinyl Plasticizers to Saudi Arabia's Yusuf Bin Ahmed Kanoo Group	MT
Feb. 23	Vikas Ecotech Limited completed the acquisition of Vikas Organics Private Limited for INR 320 million.	CI

Vikas Ecotech Limited agreed to acquire Shamli Steels Private Limited for INR 1600 million.

January 22, 2024

Vikas Ecotech Limited (BSE:530961) agreed to acquire Shamli Steels Private Limited for INR 1600 million on January 23, 2024. The consideration consists of INR 1600 million in common equity. As part of the consideration, INR 1600 million was paid towards common equity.

Vikas Ecotech Limited (BSE:530961) approved the transaction. The transaction is expected to close in the financial year 2023-2024.

Latest news about Vikas Ecotech Limited

Vikas Ecotech Arm to Supply Vinyl Plasticizers to Saudi Arabia's Yusuf Bin Ahmed Kanoo Group	Mar. 27	MT
Vikas Ecotech Limited completed the acquisition of Vikas Organics Private Limited for INR 320 million.	Feb. 22	CI
Vikas Ecotech Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 09	CI
Vikas Ecotech Trims Total Bank Debt to About INR350 Million	Feb. 05	MT
Vikas Ecotech Limited agreed to acquire Shamli Steels Private Limited for INR 1600 million.	Jan. 22	CI
Vikas Lifecare Buys Land in Rajasthan, India, for Polymer and Rubber Business Expansion	Jan. 03	MT
Vikas Ecotech Repays Additional INR123 Million Debt	Dec. 11	MT
Vikas Ecotech Secures Orders Worth INR225 Million for Specialty Polymer Compounds	Dec. 08	MT
Vikas Ecotech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 08	CI
Vikas Ecotech Limited announced that it has received INR 85 million in funding	Oct. 31	CI
Vikas Ecotech to Buy Plasticizer Manufacturer for INR270 Million	23-10-31	MT
Vikas Ecotech Limited signed a definitive Share Purchase Agreement to acquire Vikas Organics Private Limited.	23-10-30	CI
Vikas Ecotech Limited Approves Executive Appointments	23-09-30	CI
Vikas Ecotech Limited announced that it expects to receive INR 85 million in funding	23-09-28	CI
Vikas Ecotech Repays Debt Worth INR50 Million	23-09-05	MT
Vikas Ecotech Limited Provides Update on Debt Reduction Program	23-09-05	CI
Vikas Ecotech to Raise INR 500 Million Through QIP	23-08-30	CI
Vikas Ecotech Trims Bank Debt to About INR600 Million	23-08-18	MT
Vikas Ecotech Limited Provides Update on Debt Reduction Program	23-08-17	CI
Vikas Ecotech Repays Debt Worth INR70 Million	23-08-11	MT
Vikas Ecotech Limited Announces Update on Debt Reduction Program	23-08-11	CI
Vikas Ecotech Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-10	CI
Vikas Ecotech Limited Approves Board Changes	23-08-10	CI
Vikas Ecotech Bags Orders Worth INR500 Million for Specialty Polymer Compounds, Polymer Additives	23-08-10	MT
Vikas Ecotech Limited Bags Orders Valued More Than INR 500 Million for Specialty Polymer Compounds and Polymer Additives with Delivery Schedule Ranging Through August - September 2023	23-08-10	CI

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Company Profile

Vikas Ecotech Limited is an India-based company, which is primarily engaged in the business of manufacturing of specialty chemicals. The Company is also focused on specialty chemical additives and specialty polymer compounds. It caters to various industries, such as agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, fast-moving consumer goods, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods. Its segments include Infra & Energy; Chemical, Polymers & Special Additives, and Real Estate. It offers various specialty additives, including organotin stabilizers, dimethyl tin dichloride, plasticizers (epoxidized soyabean oil and chlorinated paraffin), flame retardants and chlorinated polyethylene. It also offers polymer compounds, such as thermoplastic rubber, thermoplastic elastomer and ethylene vinyl acetate. Its recycled materials include poly vinyl chloride compounds and polyethylene terephthalate compounds.

Sector

Specialty Chemicals

Calendar

2024-05-29 - Q4 2024 Earnings Release (Projected)

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