VIKRAMSOLR

- Mr. Rony Banerjee, Executive Vice President – Sales & BD and Senior Management Personnel (SMP), resigned effective from the close of business hours on September 28, 2026. - Mr. Nimish Jain has been appointed as the new Chief Business Officer with over 17 years of leadership experience.

Order Win: Vikram Solar Limited won order from a leading EPC Company in India Order Value: 400 MW of high-efficiency N-Type TOPCon G12R modules Completion Timeline: Supplies commence in October 2026 and execution by March 2027

- Investor Meeting Schedule - Date: Tuesday, 22nd September 2026 - Time: 10:00 a.m. onwards - Event: Anand Rathi Annual Flagship Conference G-200 Summit 2026 - Location: Taj Santacruz, Mumbai

- Order Win: Vikram Solar Limited entered into a Domestic Solar Cell Supply Agreement with Avaada Electro Limited to procure high-efficiency N-Type G12R TOPCon Solar Cells. - Order Value: The agreement is for 1 GW of solar cells, aggregating to approximately ₹1,250 crores. - Completion Timeline: Deliveries are scheduled to commence in September 2026.

- Order Win: Vikram Solar Limited won order from Capital Energy Private Limited - Order Value: 124 MW module supply - Completion Timeline: By end of 3rd quarter, 2026

- Vikram Solar Limited completed the acquisition of the entire shareholding of Vikram Solar Australia Pty Ltd, making it a wholly-owned subsidiary. - The acquisition, for USD 50,000, supports the company's overseas expansion strategy in the renewable energy industry. - Vikram Solar Australia Pty Ltd was incorporated on March 4, 2026, and is yet to commence commercial operations.

- Q1 FY27 revenue grew 38% YoY to INR1,563 crores, with highest ever quarterly volume of 1,006 megawatts (up 32% YoY). - EBITDA for Q1 FY27 was INR126 crores (8.06% margin) and PAT was INR19.78 crores, with EBITDA declining quarter-on-quarter due to cost inflation in raw materials and inability to pass costs, coupled with intense competition and ALMM 2 policy uncertainty. - Management will revisit FY27 guidance (revenue, EBITDA, PAT) at H1 results due to market volatility and policy uncertainties; no updated guidance provided currently. - DCR module sales (76 MW) exceeded last fiscal's full year total, with expectations for manifold increase in coming quarters, improving blended realization. - Capacity expansion is on track: First module rolled out from Gangaikondan; 9 GW cell plant on schedule for Q4 FY27 commissioning; wafer and ingot capacity increased from 6 GW to 9 GW. - Anticipates deploying approximately INR4,700 crores of capex in FY27, with similar numbers in FY28, primarily debt-funded (70:30 debt-equity plan). Balance sheet remains debt-free with negligible net debt.

- Investor Meeting Schedule - Date: Friday, 14th August, 2026 - Time: 09.00 A.M. IST - Event: Equirus India Growth Summit at Sofitel BKC, Mumbai - Type: Group & One to One Meeting - No unpublished price sensitive information (UPSI) will be discussed.

- India Ratings and Research affirmed existing credit ratings (IND A+/Stable, IND A1+) for Vikram Solar Limited. - Total rated bank loan facilities increased from ₹2,700 Cr to ₹4,000 Cr with ratings assigned to additional facilities.

New Filing detected. See link for details.

New Filing detected. See link for details.

- Consolidated Revenue ₹1563.09Cr vs ₹1133.58Cr (▲37.89% YoY) - EBITDA ₹126.01Cr vs ₹242.19Cr (▼47.97% YoY) - PAT ₹19.78Cr vs ₹133.36Cr (▼85.17% YoY) - EBITDA Margin 8.06% vs 21.37% (▼1331bps)

- Consolidated Revenue ₹1,563.09 Cr vs ₹1,133.58 Cr (▲37.89% YoY) - EBITDA ₹126.01 Cr vs ₹242.19 Cr (▼47.97% YoY) - PAT ₹19.78 Cr vs ₹133.36 Cr (▼85.18% YoY) - EBITDA Margin 8.06% vs 21.37% (▼1331bps) - Board approved enhancement of backward-integrated wafer and ingot manufacturing facility from 6 GW to 9 GW, to be commissioned by FY29, with an investment of up to ₹5,589 Cr. - Re-appointment of M/s Ernst & Young LLP as Internal Auditors for FY 2026-27.

- Vikram Solar Limited announced the voting results of its 21st Annual General Meeting (AGM) held on August 04, 2026. - All resolutions, including the adoption of financial statements, re-appointment of a Non-Executive Non-Independent Director, and appointment of a Whole-time Director & CEO, were passed by the members with the requisite majority.

- VIKRAM SOLAR LIMITED announced that all resolutions at its 21st Annual General Meeting (AGM), held on August 04, 2026, were passed by shareholders with the requisite majority. These included the adoption of financial statements and the appointment/re-appointment of directors.

- The 21st Annual General Meeting (AGM) of Vikram Solar Limited was held on August 04, 2026. - The meeting approved the Annual Audited Financial Statements for the financial year ended 31st March 2026. - Key resolutions included the appointment of Mr. Sameer Nagpal as Whole-time Director and CEO, and the re-appointment of Mr. Gyanesh Chaudhary as Chairman & Managing Director.

- Concall Schedule - Concall Date: Friday, 7th Aug, 2026 - Concall Time: 2:00 PM to 3:30 PM (IST) - Purpose: To discuss the financial performance for the quarter ended June 30, 2026 (Q1FY27).