NSEChange in Management29 Sept 2026 · 29 Sept 2026, 06:32 pm

Change in Management

Vikram Solar Limited · VIKRAMSOLR

✦ AI SummaryMgmt Change

Vikram Solar Limited has informed the Exchange about the resignation of Mr. Rony Banerjee, Executive Vice President – Sales & BD, and the appointment of Mr. Nimish Jain as Chief Business Officer.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Vikram Solar Limited has informed the Exchange about change in Management

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VSLCS_29092026183239_VSLINTIMATIONFORCHANGEINMGT29092026.pdf

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September 29, 2026 VSL/CS/388/2026 dated 29.09.2026 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 (Scrip Code: Equity - 544488) (Symbol: VIKRAMSOLR, Series EQ) Dear Sir/ Madam, Sub: Intimation about Resignation of Senior Management Personnel (SMP) Reference: Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 read with Schedule III, Part A, Para A (sub-paras 7 & 7C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that Mr. Rony Banerjee, Executive Vice President – Sales & BD, designated as a Senior Management Personnel (SMP) has tendered his resignation which has been accepted by the management of the Company effective from the close of business hours on 28th September 2026. The details as required under Para A of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, are enclosed herewith as Annexure A, along with a copy of the resignation letter. The aforesaid information is also available on the website of the Company www.vikramsolar.com Further, Mr. Nimish Jain has been appointed by the Company as Chief Business Officer. Mr. Jain has over 17 years of leadership experience spanning solar manufacturing, international sales, operations and P&L management and has been associated with Vikram Solar’s growth journey across key markets. In his new role, Mr. Nimish Jain will lead the company’s commercial agenda, bringing together its sales and business development efforts as Vikram Solar continues to scale its business and strengthen its presence across markets. 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 Details required under Regulation 30 of SEBI (LODR) Regulations, 2015 Sr. Particulars Details 1. Reason for change viz. appointment, re-appointment, Resignation resignation, removal, death or otherwise 2. Date of appointment /Cessation (as applicable) & Term of Cessation is effective from the close of appointment business hours on 28th September 2026. Post internal discussions held with Mr. Rony Banerjee; the Company has accepted his resignation and has relieved him from his duties with effect from the above date. 3. Brief Profile (in case of appointment) Not Applicable 4. Disclosure of Relationship between Directors (in case of Not Applicable appointment of Director).