Vikas Ecotech Confirms No Material Impact After ED Visit; Investigation Linked to Third Parties

Vikas Ecotech Ltd informed today that a recent Enforcement Directorate (ED) visit to its corporate office and a promoter company resident has ended without any negative implications. The company assured the stakeholders that the ongoing investigation involves third-party entities and transactions and will have no material effect on its financials or operations.

 

Key Highlights:

Leadership Insights:

A company spokesperson said,

"We are cooperating fully with authorities. The visit was routine in nature and has not led to any negative observations. Operations remain uninterrupted."

 

Outlook:

With the ED visit now satisfactorily concluded, Vikas Ecotech is concentrating on sustaining growth and stakeholder faith in the face of ongoing regulatory scrutiny for the sector.

 

Source: Company statement, stock exchange filings, April 18, 2025.