2022: BSE (542655) & NSE (VIKASLIFE) listed,Vikas Lifecare Limited an ISO 9001:2015 certified company, engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber, has announced excellent financial results for quarter and nine months ended December 31, 2021
Further, the Company has fixed Friday, January 14, 2022 as record date for the purpose of make first and final call of Rs. 1.70/- (comprising Re. 0.60/- towards face value and Rs. 1.10/- towards securities premium) per partly paid-up equity share on 17,69,32,132 outstanding partly paid-up equity shares of face value Re. 1 each, issued by the Company on a rights basis.
The company is primarily engaged in the various business segments i.e. Polymer & Rubber Commodity (bulk consumption) Compounds and Master-Batches (Manufacturing up-cycled compounds from industrial and post-consumer waste materials like EVA, PVC, PP, PE etc.), contributing to the Environment Protection initiatives from the Government of India and fulfilling the mandated EPR obligations for the conglomerates using hundreds of thousands of tonnes of plastic products and packaging materials.
As a long-term business strategy, the company has most recently diversified it’s business interests beyond raw materials (B2B businesses) and forayed into the B2C segment with a host of consumer products including FMCG, Agro, and Infrastructure Products; paving way for an aggressive business growth with intricately planned and selected product portfolios via acquisitions, joint ventures and tie-ups. VLL intends establishing / acquiring businesses in these segments thereby expanding its footprint in the country and beyond; and got prestigious empanelment with various government agencies like NAFED, HOFED etc.