Issue of Securities

Date: 30th October 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: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Issuance and allotment of Secured, unrated, unlisted, redeemable, taxable, non-convertible debentures (‘NCDs’) aggregating to ₹ 25 Crores Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Corporate Affairs Committee (authorized by Board) in its meeting held on 29th October 2026, had approved the issuance of Secured, unrated, unlisted, redeemable, taxable, non- convertible debentures (“NCDs”), denominated in Indian Rupees, having a face value of ₹ 10,00,000 (Rupees Ten Lakh) each, aggregating to ₹50,00,00,000 (Rupees Fifty Crores only), in dematerialized form, on a private placement basis, on the following terms and conditions as set out hereunder. Further, we wish to inform you that the Corporate Affairs Committee, at its meeting held on 30th October 2026, has approved the allotment of Non-Convertible Debentures (“NCDs”) aggregating to ₹25,00,00,000 (Rupees Twenty-Five Crores only), out of the total issue size of ₹50,00,00,000 (Rupees Fifty Crores only). The disclosure as required under Schedule III of the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended read with Regulation 30 of the SEBI (LODR) Regulations is attached herewith and marked as Annexure A to this letter. 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 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 i. Size of the issue Issuance - ₹ 50 Crores (Rupees Fifty Crores only) In one or more Tranches Allotment -Tranche 1: ₹ 25 Crores (Rupees Twenty Five Crores Only ii. Whether proposed to be listed? If No, the debentures are not proposed to be yes, name of the stock exchange(s) listed. iii. Tenure of the instrument – date of Tranche 1: allotment and date of maturity Date of Allotment: 30th October 2026 Date of Maturity: 14th November 2027 iv. Coupon / interest offered, Fixed Coupon Rate: 11.40% p.a. schedule of payment of coupon / Interest Payment: Monthly interest and principal Date of Principal Repayment: 95 Percent (95%): 30th January 2027 5 Percent (5%): 14th November 2027 v. Charge / security, if any, created Secured over the assets vi. Special right / interest / privileges Nil attached to the instrument and changes thereof vii. Delay in payment of interest / Not Applicable principal amount for a period of more than three months from the due date or default in payment of interest / principal Sr. Particulars Details viii. Details of any letter or comments Not Applicable regarding payment / non- payment of interest, principal on due dates or any other matter concerning the security and / or the assets along with its comments thereon, if any ix. Details of redemption of Tranche 1: preference shares indicating the manner of redemption (whether The Non-Convertible Debentures are out of profits or out of fresh issue) scheduled to be redeemed in two parts, and debentures comprising 95% of the principal amount on 30th January 2027 and the remaining on 5% on 14th November 2027. x. Any cancellation or termination of Not Applicable proposal for issuance of securities including reasons thereof