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Vikas Lifecare’s recent acquisition Genesis Gas Solutions bags order worth Rs 5.5 crore

17 Jan 2022 Evaluate

Vikas Lifecare’s recent acquisition Genesis Gas Solutions has received orders totalling Rs 5.5 crore for supplying 40,800 Natural Gas Meters, and for laying Pipeline and commissioning of Meter (Last Mile Connectivity) from Aavantika Gas, a Joint Venture of GAIL (India) & Hindustan Petroleum Corporation under the Ministry of Petroleum and Natural Gas, Government of India.

Vikas Lifecare is in the process of acquiring 75% equity of Genesis Gas Solutions, a company engaged in the business of developing ‘Smart Products’ including Smart Gas Meters & Power Distribution solutions for the infrastructure segment. Post completion of the acquisition process Genesis Gas Solutions shall become subsidiary of the company and start contributing significantly in consolidated revenue and profits.

Vikas Lifecare is engaged in trading and manufacturing of polymer, rubber compounds and additives for plastics, synthetic & natural rubber.

Vikas Lifecare Share Price

1.48 0.00 (0.00%)
02-Jul-2026 16:59 View Price Chart
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