Please find the enclosed the annual report for the year ended on 31st March, 2026.

.;)Vikram'· CHEMISTRY OF TRUST Date: 04/09/2026 Gen. Manager (DCS) BSELimited P J Towers, Dalal Street, Fort, Mumbai-400001 SUBJECT: ANNUAL REPORT FOR THE YEAR 2025-26 Dear Sir, With regards to captioned subject, and pursuant to Regulation 34(1) of Securities Exchange board of India (Listing Obligations and Disclosures requirements) Regulations, 2015, we hereby enclose herewith Annual Report for the F.Y 2025-26. Kindly take a note that the Annual General Meeting of the company will be held on Tuesday, 29th September, 2026 AT 11.00 A.M. through Video Conference (VC)/Other Audio Visual Means (OAVM). The Annual Report is being sent through electronic mode to all those members whose email id is registered with the Company /Company's Registrar and Transfer Agent - Bigshare Services Private Limited ("RTA")/Depository Participant(s) ("DP") and dispatched/ sent by permitted mode(s) to the members whose email ids are not registered with Company/ DP/ RTA and it can also be accessed at the website of the Company at https://www.vikramthermo.com/investors-relations/?yr=annual-reports You are requested to take the same on your record. Thanking You. Yours Sincerely, For, VIKRAM THERMO (INDIA) LIMITED MR. DHIRAJLAL K PATEL CHAIRMAN & MANAGING DIRECTOR (DIN: 00044350) Regd. Office Phone Vikram Thermo (India) Limited, +91-79-48481010/11/12 A/704 -714, The Capital, Science City Rd, Email Ahmedabad -380060, Gujarat, India. contact@vikramthermo.com CINNo. www.vikramthermo.com L24296GJ1994PLC021524 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS CORPORATE INFORMATION BOARD OF DIRECTORS SR. NAME OF DIRECTORS DIN/PAN DESIGNATION 1 MR. DHIRAJLAL KARSANDAS PATEL 00044350 CHAIRMAN & MANAGING DIRECTOR 2 DR. DINESHKUMAR H. PATEL 02583348 WHOLE TIME DIRECTOR 3 MR. ANKUR DHIRAJLAL PATEL 07395218 WHOLE TIME DIRECTOR 4 MRS. AANAL NARESH SHAH 10727680 NON-EXECUTIVE INDEPENDENT DIRECTOR 5. MR. DINESHKUMAR DAHYALAL MISTRY 07176951 NON-EXECUTIVE INDEPENDENT DIRECTOR 6. MR. VIPULKUMAR VITTHALBHAI PATEL 03056403 NON-EXECUTIVE INDEPENDENT DIRECTOR COMPANY SECRETARY & COMPLIANCE OFFICER (KMP) Application Lab Mr. MAHESHKUMAR KANTILAL SHAH 601, GIDC, Chhatral, Tal. Kalol, Email- legal@vikramthermo.com Dist. Gandhinagar, Gujarat (INDIA) CHIEF FINANCIAL OFFICER (KMP) CONTACT DETAILS MS. SWITI PATEL CIN: L24296GJ1994PLC021524 Email- finance@vikramthermo.com REGISTERED OFFICE: A/704-714 THE CAPITAL, SCIENCE CITY ROAD AUDITORS AHMEDABAD GJ 380060 Statutory Auditor: M/S. J.T. Shah & Co Ph.: (079) 48481010 201/202, Lalita Complex, 352/3, Rasala Marg, Navrangpura, Ahmedabad – 380009 Website: www.vikramthermo.com Email: exports@vikramthermo.com Internal Auditor: M/S. SAMIR M. SHAH & ASSOCIATES, Chartered Accountants B-516 Gopal Palace, Nr. Shiromani Flats Opp. Ocean Park, Satellite Road, Ambawadi, Ahmedabad-380015 Secretarial Auditor: M/S. A. SHAH & ASSOCIATES Practicing Company Secretaries D- 401-402, Shiromani Complex, Opp. Ocean Park, Nehrunagar, Satellite, Ahmedabad – 380 015, BANKERS HDFC BANK LTD Ground Floor, Shop No 7 & 8 Zodiac Plaza, Commerce College Road Branch, Ahmedabad, Gujarat – 380009 REGISTRAR & SHARE TRANSFER AGENT BIGSHARE SERVICES PVT. LTD. Office No. S6-2, 6th Floor Pinnacle Business Park Next to Ahura Centre, Mahakali Caves Road Andheri East Mumbai 400093 E Mail: investor@bigshareonline.com FACTORY Unit-I At Dhanot, Chhatral – Kadi Road, Tal. Kalol, Dist. Gandhinagar, Gujarat (INDIA) 15 Annual Report 2025-2026 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS NOTICE NOTICE IS HEREBY GIVEN THAT 32ND ANNUAL GENERAL MEETING OF VIKRAM THERMO (INDIA) LIMITED WILL BE HELD ON TUESDAY, 29TH SEPTEMBER, 2026 AT 11.00 A.M. THROUGH VIDEO CONFERENCING/ OTHER AUDIO-VISUAL MEANS TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. To receive, consider and adopt the Financial Statements of the Company for the Financial year ended March 31, 2026, including the audited Balance Sheet as at March 31, 2026, the Statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors (‘the Board’) and Auditors thereon. 2. To Declare Dividend on equity shares as recommended by the Board of Directors of the Company. 3. To appoint a Director in place of Mr. DHIRAJLAL KARSANBHAI PATEL, (DIN: 00044350), Managing Di- rector of the Company who retires by rotation, in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 4. REAPPOINTMENT OF MR. DINESHKUMAR HARJIVANBHAI PATEL, WHOLE TIME DIRECTOR OF THE COMPANY: To consider and if thought, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 203 and Other Applicable provision if any, of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, MR. DINESHKUMAR HARJIVANBHAI PATEL, (DIN: 02583348) be and is hereby reappointed as Whole Time Director of the Company for a consecutive period of 5 (five) years with effect from 13th August, 2026 at a remuneration as may be mutually agreed between MR. DINESHKUMAR HAR- JIVANBHAI PATEL and Board of Directors of the Company.” “RESOLVED FURTHER THAT, to give effect to this Resolution MR. DHIRAJLAL KARSANBHAI PATEL (DIN: 00044350), Managing Director of the Company be and is hereby Authorized to settle any question, difficulty or doubt that may arise with regard to giving effect to the above resolution and to do all acts, deeds, things as may be necessary in its absolute discretion deem necessary, proper, desirable and to finalize any documents and writings related thereto.” 5. REAPPOINTMENT OF MR. ANKUR PATEL, WHOLE TIME DIRECTOR OF THE COMPANY: To consider and if thought, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 203 and Other Applicable provision if any, of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Per- sonnel) Rules, 2014, MR. ANKUR PATEL, (DIN: 07395218) be and is hereby reappointed as Whole Director of the Company for a consecutive period of 5 (five) years with effect from 13th August, 2026 at a remuneration as may be mutually agreed between MR. ANKUR PATEL and Board of Directors of the Company.” RESOLVED FURTHER THAT, to give effect to this Resolution MR. DHIRAJLAL KARSANBHAI PATEL (DIN: 00044350), Managing Director of the Company be and is hereby Authorized to settle any question, difficulty or doubt that may arise with regard to giving effect to the above resolution and to do all acts, deeds, things as may be necessary in its absolute discretion deem necessary, proper, desirable and to finalize any documents and writings related thereto.” 6. APPROVAL FOR INCREASE IN REMUNERATION OF RELATED PARTY OF MR. VIKALP DHIRAJLAL PA- TEL - HEAD F&D, RELATIVE OF MR. DHIRAJLAL KARSANDAS PATEL, MANAGING DIRECTOR OF THE COMPANY: To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: 16 Annual Report 2025-2026 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS “RESOLVED THAT Pursuant to the provisions of Section 188 (1) (f) and other applicable provisions if any of the Companies Act, 2013, and Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable rules framed there under, approval of members of the company be and is hereby accorded to increase the Remuneration payable to Mr. Vikalp Dhirajlal Patel- HEAD F&D, relative of Mr. Dhirajlal Karsandas Patel, Managing Director of the Company from Rs. 1,99,650/- p.m. to Rs. 2,92,820/- p.m. w.e.f. 01st April, 2026” “RESOLVED FURTHER THAT the remuneration payable to the said Related Party shall be on terms which are at arm’s length basis and in the ordinary course of business.” “RESOLVED FURTHER THAT pursuant to provision [Showing first 8,000 characters — download PDF for full document]