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Date: 15th September 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: Transcript of the 18th Annual General Meeting Please find enclosed the transcript of the 18th Annual General Meeting of the Company held on Friday, September 11, 2026 at 11:30 A.M. The above information shall also be available on the 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 “Transcript of 18th Annual General Meeting of Vikran Engineering Limited” September 11, 2026 Management: Mr. Rakesh Ashok Markhedkar – Chairman and Managing Director Mr. Avinash Ashok Markhedkar – Whole Time Director & Chairperson of the CSR Committee Mr. Nakul Markhedkar – Whole Time Director & Chairperson of the Risk Management Committee Mr. Rakesh Kumar Sharma – Independent Director & Chairperson of the Nomination and Remuneration Committee Mr. Arun Unhale – Independent Director & Chairperson of the Stakeholders Relationship Committee Ms. Priti Savla – Independent Director & Chairperson of the Audit Committee. Mr. Ashish Bahety– Chief Financial Officer Ms. Kajal Rakholiya – Company Secretary and Compliance Officer Page 1 of 14 Vikran Engineering Limited September 11, 2026 Kajal Rakholiya: Good Morning, Dear Shareholders. Welcome to the 18th Annual General Meeting of Vikran Engineering Limited. This meeting is being held through video conferencing in accordance with the circulars issued by the Ministry of Corporate Affairs, applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations. The proceedings of this meeting are being webcast live for all the shareholders as per the details provided in the Notice to the Annual General Meeting. The proceedings of this meeting are being recorded for compliance purposes. In accordance with the provisions of the Companies Act, 2013 and the SEBI Listing Regulations, the members have been provided with the facility to exercise their right to vote by electronic means, both through remote e-voting facility and e-voting at the Annual General Meeting. Remote e-voting facility was made available to all the members holding shares as on the cut-off date, that is 4th September 2026, during the period commencing from 9:00 AM (IST) of 7th September 2026, till 5:00 PM of 10th September 2026. Members joining the meeting through video conferencing facility who have not yet cast their vote by means of the remote e-voting, may vote through the e-voting facility provided at this Annual General Meeting. The e-voting platform is now open for voting and will close thirty minutes after the time of closure of this meeting. The members who have already cast their vote by remote e-voting prior to this meeting will not be entitled to cast their vote again. The Board of Directors have appointed Ms. Geeta Canabar of M/s. Geeta Canabar & Associates, Practicing Company Secretaries, as the Scrutinizer for this meeting. Based on the report of the Scrutinizer, the combined results of remote e-voting and the e-voting done at the meeting today will be announced and displayed on the website of the Company and will also be submitted to the stock exchanges as per the requirements of the SEBI Listing Regulations. I now invite Mr. Rakesh Ashok Markhedkar, Chairman and Managing Director of the Company, to continue with the proceedings of this meeting. Rakesh Markhedkar: Thank you, Kajal. Good morning, shareholders, and welcome to the 18th Annual General Meeting of Vikran Engineering Limited being held through video conference and through Other Audio Visual Means. I am Rakesh Ashok Markhedkar, Chairman and Managing Director of the Company, attending this meeting from the Vikran Head Office in Thane, Maharashtra. As Chairman of the Board of Directors of Vikran Engineering Limited, it is my pleasure and privilege to chair this meeting. The Company Secretary has confirmed that Page 2 of 14 Vikran Engineering Limited September 11, 2026 we have the required quorum for this meeting and therefore, I officially declare this meeting valid and open. Let me first introduce the Board of Directors who are present with us today. You can see them on the screen. I request each member to acknowledge their introduction as I mention their names. Mr. Avinash Ashok Markhedkar, Whole Time Director and Chairperson of the CSR Committee. Mr. Nakul Markhedkar, Whole Time Director and Chairperson of the Risk Management Committee. Mr. Rakesh Kumar Sharma, Independent Director and Chairperson of the Nomination and Remuneration Committee Mr. Arun Unhale, Independent Director and Chairperson of the Stakeholders Relationship Committee Ms. Priti Savla, Independent Director and Chairperson of the Audit Committee. We also have with us our CFO, Mr. Ashish Bahety and Company Secretary, Ms. Kajal Rakholiya. Also joining us today are the representatives of our Statutory Auditors, M/s. Walker Chandiok & Co LLP; representatives of our Cost Auditors, M/s. R. R. Ahirwar & Associates; representatives of our Internal Auditors, RSM Consultant RSM Astute Consulting Private Limited and representatives of our Secretarial Auditors and Scrutinizers for this meeting, M/s. Geeta Canabar & Associates. Thank you for all of you to be here today. As we hold this meeting with video conference, I would like to now share with you the flow of the meeting. First, I shall begin by presenting an overview of our developments and performance highlights of our Company during FY 25-26. We shall then take up the proposals and resolutions that were circulated earlier for your consideration and approval. Prior to this meeting, shareholders had been invited to submit any questions relating to proposals set forth at the AGM Notice as well as other matters detailed in the Annual Report of FY 2025- 2026. We will address these questions received in response to that invitation. We will also provide an opportunity for shareholders who have registered themselves as speakers to share their suggestions, inputs, and comments about the Page 3 of 14 Vikran Engineering Limited September 11, 2026 Company. If there are any fresh questions which are not addressed in today's meeting, the Company Secretary will respond to them soon after the meeting. Now, we move to the main business of today's meeting. I trust that you all have received the Annual Report and the AGM Notice which includes the resolutions to be voted on. The statutory registers that are required to be made available for inspection during this meeting can be accessed in electronic format. Members who wish to inspect these may send an email request to the email address provided in the Notice of the AGM. The Company Secretary will facilitate the electronic inspection as needed. The Notice of this meeting and the Auditor's Report have been made available to the shareholders as part of the Annual Report and shall be considered as read. Let me now brief you on the business operations of the Company. I am delighted to once again welcome all shareholders to our 18th AGM today. It is a privilege to address you today as we reflect on a defining year for Vikran. FY 2025-26 was a year in which the Company not only delivered strong financial results, but also took important steps in reshaping its business mix, strengthening its renewable energy platform and building a much larger foundation for the years ahead. The year also holds a special significance in Vikran’s journey as it marked our transition into the public markets. On 3rd September 2025, Vikran Engineering Limited was listed on both BSE and NSE. This was an imp [Showing first 8,000 characters — download PDF for full document]