NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 05:05 pm
General Updates
Vikram Solar Limited · VIKRAMSOLR
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Vikram Solar Limited has entered into a Solar Cell Supply Agreement with Evervolt Solar Technology India Private Limited to procure Mono-PERC 10BB DCR-compliant solar cells aggregating to 130 MW.
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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Vikram Solar Limited has informed the Exchange about entering a Solar Cell Supply Agreement with Evervolt Solar Technology India Private Limited
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VSLCS_09072026170442_VSLINTIMATIONDATED09072026.pdf
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July 09, 2026
VSL/CS/355/2026 dated 09.07.2026
BSE Limited. National Stock Exchange of India Ltd.
Department of Corporate Services Listing Department
P. J. Towers, Dalal Street, Mumbai – 400 001. Exchange Plaza, Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051
(Scrip Code: Equity - 544488) (Symbol: VIKRAMSOLR, Series EQ)
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations
2015
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we would like to inform that the Company has on July 08, 2026 entered into a Solar
Cell Supply Agreement with Evervolt Solar Technology India Private Limited (formerly CETC Renewable Energy
Technology India Pvt. Ltd.) to procure Mono-PERC 10BB DCR-compliant solar cells (referred to as the “Products”)
aggregating to 130 MW.
Please take on record the details as described in Annexure A, in accordance with Regulation 30 of the Listing
Regulations read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
In terms of Regulation 30(8) of the Listing Regulations, this intimation will also be made available on the Company’s
website at www.vikramsolar.com.
We request you to kindly take the aforesaid information on record.
Thanking You,
For and on behalf of
VIKRAM SOLAR LIMITED
Sudipta Bhowal
Company Secretary &
Compliance Officer
Encl. As Above
Annexure A
Particulars Details
1 Name(s) of parties with whom the agreement is Evervolt Solar Technology India Private Limited (formerly
entered; CETC Renewable Energy Technology India Pvt. Ltd.)
2 Purpose of entering into the agreement; To procure Mono-PERC 10BB DCR-compliant crystalline
solar cells aggregating to 130 MW over the supply period July
2026 to March 2027, to support Company’s domestic
module manufacturing requirements.
3 Size of agreement 130 MW
4 Shareholding, if any, in the entity with whom the Not applicable
agreement is executed;
5 Significant terms of the agreement (in brief); Solar Cell Supply Agreement to procure Mono-PERC 10BB
special rights like right to appoint directors, first DCR-compliant solar cells aggregating to 130 MW over the
right to share subscription in case of issuance of supply period July 2026 to March 2027, to support
shares, right to restrict any change in capital Company’s domestic module manufacturing requirements.
structure etc.;
No special rights of the nature of appointment of directors,
share subscription or restriction on capital structure are
involved.
6 Whether the said parties are related to No
promoter/promoter group/ group companies in
any manner. If yes, nature of relationship;
7 Whether the transaction would fall within related No
party transactions? If yes, whether the same is
done at “arm’s length”;
8 In case of issuance of shares to the parties, Not applicable
details of issue price, class of shares issued;
9 In case of loan agreements: i) details of Not applicable
lender/borrower ii) nature of the loan iii) total
amount of loan granted/taken iv) total amount
outstanding v) date of execution of the loan
agreement/sanction letter. vi) details of the
security provided to the lenders / by the
borrowers for such loan or in case outstanding
loans lent to a party or borrowed from a party
Particulars Details
become material on a cumulative basis;
10 Any other disclosures related to such Not applicable
agreements, viz., details of nominees on the
board of directors of the listed entity, potential
conflict of interest arising out of such
agreements, etc.
11 In case of termination or amendment of Not applicable
agreement, listed entity shall disclose additional
details to the stock exchange(s): a) name of
parties to the agreement. b) nature of the
agreement. c) date of execution of the
agreement. details of amendment and impact
thereof or reasons of termination and impact
thereof.