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.