Vikas Ecotech Ltd has announced that its Board of Directors will meet to consider a scheme of capital reduction, signaling a potential strategic shift for the company. This move comes as the firm continues its efforts to optimize its financial structure and enhance shareholder value. The capital reduction plan, if approved, could impact the company's share capital and potentially its market valuation. Investors are closely watching this development, as it follows Vikas Ecotech's recent debt reduction initiatives and mixed financial performance in the December 2024 quarter. The outcome of this board meeting could have significant implications for the company's future financial health and market position.
Sources: BSE Announcement, Economic Times, Vikas Ecotech Ltd Official Website