Outcome of Board Meeting

Date: 10th July 2026 To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN) Dear Sir/Madam, Subject: Outcome of Board Meeting held on 10th July 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at their Meeting held on Friday, 10th July 2026 has approved the following: 1. The Board of Directors has approved the proposal for issuance of Corporate Guarantee(s) aggregating up to ₹3,400 Crores in favour of the its Wholly-Owned Subsidiaries to facilitate availing of credit facilities from banks, financial institutions and/or other lenders for development and implementation of their respective business operations and solar projects. (Annexure A) The Board has also authorised the Corporate Affairs Committee to finalise the terms and conditions and execute the necessary agreements and other related documents in connection with the proposed Corporate Guarantee(s). 2. The Board of Directors has approved infusion of promoter contribution of up to ₹1,160 Crores, in one or more tranches, into its Wholly-Owned Subsidiaries of the Company, to meet the promoter contribution requirements under the respective project financing arrangements and for the business requirements of the subsidiaries. The promoter contribution may be infused by way of subscription to equity share capital, unsecured loans, Non-Convertible Debentures (NCDs), Optionally Convertible Debentures (OCDs), quasi-equity or any other permissible instruments, or a combination thereof, as may be determined from time to time based on the financing arrangements and business requirements of the respective subsidiaries. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated 30th January 2026 as amended from time to time, are enclosed herewith. The Meeting commenced at 12:35 P.M. and concluded at 01:30 P.M. Kindly take the above on your records. Thanking You. Yours faithfully, For Vikran Engineering Limited Kajal Rakholiya Company Secretary and Compliance Officer Membership No.: ACS 45271 Place: Thane Encl.: a/c Annexure-A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/ HO/ 49/ 14/ 14 (7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Sr. Particulars Details a) name of party for which such guarantees Wholly-Owned Subsidiaries of the or indemnity or surety was given; Company b) whether the promoter/ promoter group/ Not Applicable. The proposed Corporate group companies have any interest in Guarantee is in favour of the Wholly- this transaction? If yes, nature of interest Owned Subsidiaries of the Company, and details thereof and whether the which are related parties of the same is done at “arm’s length Company. The transaction is proposed to be undertaken on an arm's length basis. c) brief details of such guarantee or The detailed terms and conditions of the indemnity or becoming a surety viz. proposed Corporate Guarantee, brief details of agreement entered (if including the lender(s), amount of any) including significant terms and guarantee, tenure and other commercial conditions, including amount of terms, are yet to be finalised. The guarantee; Company shall make such further disclosures as may be required under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, upon execution of the definitive documents, wherever applicable. d) impact of such guarantees or indemnity There is no immediate impact on the or surety on listed entity. Company, except to the extent of the amount for which the corporate guarantee will be provided, in the event Wholly-Owned subsidiaries Company will unable to meet its repayment obligations to the Lender. The Corporate Guarantee constitutes a contingent liability for the Company.