Shareholders meeting

Date: September 11, 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: Summary of proceedings of 18th Annual General Meeting (“AGM”) of Vikran Engineering Limited (“the Company”) Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we are submitting the summary of proceedings of the 18th Annual General Meeting (AGM) of the Company held on Friday, September 11, 2026 which commenced at 11:30 A.M. (IST) and concluded at 12:10 P.M. (IST) through Video Conferencing ("VC") / Other Audio Video Means ("OAVM") to transact the businesses as set forth in the AGM Notice dated 11th August 2026. The above information shall also be available on the website of the company at www.vikrangroup.com The video recording of the proceedings of the 18th AGM is available on Youtube via the following link: https://www.youtube.com/watch?v=o34Qjv2oUNE and website of the company at www.vikrangroup.com This is for your information and records. Thanking You. Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Mem. No. A45271 Place: Thane Encl.: as above Summary of proceedings of the 18th Annual General Meeting (“AGM”) The 18th Annual General Meeting (AGM) of Vikran Engineering Limited ("the Company") was held on Friday, September 11, 2026 at 11:30 A.M. (IST) through Video Conferencing ("VC") / Other Audio Video Means ("OAVM") in compliance with the Circulars issued by the Ministry of Corporate Affairs ("MCA") and Securities and Exchange Board of India ("SEBI") and as per the applicable provisions of the Companies Act, 2013 and the rules made thereunder. The deemed venue for the meeting was the registered office of the Company at B-2 & B-3, B Wing, 3rd Floor, Ashar IT Park, Road No 16-Z, Wagle Industrial Estate, Thane - 400604. The meeting commenced at 11:30 A.M. (IST) and concluded at 12:10 P.M. (IST) (excluding time allowed for e-voting at AGM). Directors and Key Managerial Personnel in Attendance: 1. Mr. Rakesh Markhedkar, Chairman and Managing Director 2. Mr. Avinash Markhedkar, Whole Time Director and Chairperson of the CSR Committee 3. Mr. Nakul Markhedkar, Whole Time Director and Chairperson of the Risk Management Committee 4. Mr. Rakesh Kumar Sharma, Independent Director and Chairperson of the Nomination and Remuneration Committee 5. Mr. Arun Unhale, Independent Director and Chairperson of the Stakeholders Relationship Committee 6. Ms. Priti Savla, Independent Director and Chairperson of the Audit Committee 7. Mr. Ashish Bahety, Chief Financial Officer 8. Ms. Kajal Rakholiya, Company Secretary and Compliance Officer Other representatives present: 1. Mr. Devang Jain, Representative of M/s. Walker Chandiok & Co LLP, Statutory Auditors of the Company. 2. Mr. Ramlakhan Ahirwar of M/s. R. R. Ahirwar & Associates, Cost Auditors of the Company. 3. Ms. Geeta Canabar of M/s. Geeta Canabar & Associates, Secretarial Auditors of the Company and the Scrutinizer of the e-voting process for this AGM. Quorum of the meeting: Total 55 members were present in the meeting. At the commencement of the AGM, Ms. Kajal Rakholiya, Company Secretary and Compliance Officer of the Company, welcomed the Members and informed them that the AGM was being conducted through VC/OAVM. She further informed the Members that the proceedings of the AGM were being webcast live and recorded for compliance purposes. She informed the Members that, in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations, the Company had provided the facility of voting through electronic means, including remote e-voting prior to the AGM and e-voting during the AGM. The remote e-voting facility was made available to the Members holding shares as on the cut- off date, i.e., September 4, 2026, from 9:00 A.M. (IST) on September 7, 2026 until 5:00 P.M. (IST) on September 10, 2026. Members who had not cast their votes through remote e-voting were provided an opportunity to cast their votes electronically during the AGM. Members who had already cast their votes through remote e-voting were not entitled to vote again at the AGM. She further informed that the Board of Directors had appointed Ms. Geeta Canabar of M/s. Geeta Canabar & Associates, Practicing Company Secretaries, as the Scrutinizer for the AGM to scrutinize the remote e-voting and e-voting conducted during the AGM and to submit her report thereon. The combined results of the remote e-voting and e-voting conducted during the AGM would be announced and submitted to the Stock Exchanges and placed on the website of the Company in accordance with the applicable provisions of the SEBI Listing Regulations. The Chairman welcomed the Members and briefed them on the performance of the Company during the financial year ended March 31, 2026, the Company's business and strategic initiatives, expansion in the renewable energy segment, execution capabilities, order book position, business outlook and the Company's focus on sustainable and long-term value creation. After the conclusion of the Chairman's speech, the Company Secretary and Compliance Officer read out the agenda items as set out below and mentioned in the notice of AGM for consideration and approval of members: S. Particular of the Business Type of No. Resolution Ordinary Business: 1 To consider and adopt (a) the audited financial statement of the Ordinary Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon 2 To appoint Mr. Nakul Markhedkar (DIN: 07028044), who retires by Ordinary rotation, as a Director 3 To declare dividend on equity shares for the financial year ended March Ordinary 31, 2026 Special Business: 4 To approve amendment of the Object Clause of the Memorandum of Special Association of the Company 5 To approve alteration of the Articles of Association of the Company Special 6 To approve limits under Section 180(1)(a) of the Companies Act, 2013 Special 7 To approve borrowing limits under Section 180(1) (c) of the Companies Special Act, 2013 8 To approve limits under Section 186 of the Companies Act, 2013 for Special giving loans, guarantees, securities and making investments 9 To ratify the remuneration of Cost Auditors for the financial year Ordinary ending March 31, 2027 10 To grant approval for payment of remuneration to Mrs. Kanchan Ordinary Markhedkar, Key Managerial Personnel (KMP) and Chief Human Resource Officer (CHRO) of the Company, being a related party for holding an office or place of profit in the Company 11 To grant approval for payment of remuneration to Mr. Vipul Ordinary Markhedkar, Key Managerial Personnel (KMP) and Chief Business Officer (CBO) of the Company, being a related party for holding an office or place of profit in the Company 12 To Issue Senior, Secured/Unsecured, Rated, Listed/ Unlisted, Taxable, Special Redeemable, Non-Convertible Debentures/Market Linked Debentures (“NCDs”) or other Debt Securities, on a Private Placement and/ or Public Issue Basis for an amount not exceeding Rs. 1000 Crores The Members were also provided an opportunity to seek clarifications and raise questions on the items of business set out in the Notice convening the AGM. The questions raised by the Members were addressed by the Chairman and the management of the Company. The Members were informed about the e-voting facility and the opportunity for Members participating thr [Showing first 8,000 characters — download PDF for full document]