Outcome of Board Meeting

Date: 30th 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, Sub: Outcome of Board Meeting held on 30th September, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, we hereby inform you that the Board of Directors at their Meeting held on Wednesday, 30th September, 2026 have approved the following: 1. Issuance of Corporate Guarantee aggregating up to ₹ 2941,19,00,000/- (Indian Rupees Two Thousand Nine Hundred Forty-One Crore and Nineteen Lakhs only) to its the Wholly-Owned Subsidiary of the Company to facilitate availing of credit facilities from banks, financial institutions or other lenders for development and implementation of their respective business operations and solar projects. (Annexure I) 2. Infusion of additional promoter contribution of up to ₹ 200 Crores, in one or more tranches, into the Wholly-Owned Subsidiary of the Company, to meet the promoter contribution requirements under the respective project financing arrangements and for the business requirements of the subsidiary. The promoter contribution may be infused by way of subscription to equity share capital, equity share capital, unsecured loans, Non-Convertible Debentures (NCDs), Optionally Convertible Debentures (OCDs), quasi equity or any other permissible instruments or any combination thereof, as may be determined from time to time based on the financing arrangements and business requirements of the respective subsidiary. 3. Took note of the Cost Audit Report and its Annexures under the Cost Audit Report rules for the Financial Year 2025-26. The Board of Directors of the Company has approved the Cost Audit Report and its annexures for the Financial Year 2025-26. The report has been duly authenticated by the Company’s Cost Auditor M/s R. R. Ahirwar & Associates, in accordance with the Cost Audit Report Rules. Further, information as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure I and II. The Meeting commenced at 11: 23A.M. and concluded at 11: 36 A.M. This is for your information and records. Thanking You, Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Place: Thane Encl.: as above ANNEXURE -I Sr. No. Particulars Details 1 Name of the party for which such In favour of the Wholly-Owned Subsidiary of the guarantees or indemnity or surety was Company. given. 2 Whether the promoter/ promoter group/ Not Applicable. group companies have any interest in this transaction? If yes, nature of interest The proposed Corporate Guarantee is in favour of the and details thereof and whether the same Wholly-Owned Subsidiary of the Company, which is is done at “arm’s length” a related party of the Company. The transaction is proposed to be undertaken on an arm’s length basis. 3 Brief details of such guarantee or The detailed terms and conditions of the proposed indemnity or becoming a surety viz. brief Corporate Guarantee, including the lender(s), amount details of agreement entered (if any) of guarantee, tenure and other commercial terms, are including significant terms and yet to be finalised. conditions, including amount of guarantee; The 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. 4 Impact of such guarantees or indemnity There is no immediate impact on the Company, except or surety on listed entity. to the extent of the amount for which the corporate guarantee will be provided, in the event Wholly- Owned subsidiary of the Company will be unable to meet its repayment obligations to the lender. The Corporate Guarantee constitutes a contingent liability for the Company. 5 Any other information N.A.