BSECompany Update3d ago · 6 Nov 2026, 10:23 pm

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Vikran Engineering Ltd · 544496

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Vikran Engineering Ltd received an administrative warning from SEBI for non-compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The warning is related to the non-disclosure of a material dispute with GS Products India, which had initiated proceedings against the company before the MSME Facilitation Council, Aligarh, with a claim of approximately ₹12.50 crore.

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Vikran Engineering Ltd - 544496 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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VIKRAN ENGINEERING LIMITED Date: 06" November, 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: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In continuation to our disclosure dated 05t November 2026 wherein we had published the warning letter issued by SEBI, please find herewith the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762 /2026 dated January 30, 2026 as amended from time to time, are enclosed. (Annexure I) 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 Registered Office : B2 & B3, B Wing, 3" Floor, Ashar IT Park, Road No.16-Z, Wagle Industrial Estate, Thane (W) 400604. CIN : L42202MH2008PLC272209 « Email : info@vikrangroup.com « Tel.: 022-68693200 www.vikrangroup.com VIKRAN ENGINEERING LIMITED ANNEXURE-I Sr. Particulars Details 1 Name of the authority Deputy General Manager, Supervision Enforcement and Complaints (SEC-5), Corporation Finance Department (CFD), Securities and Exchange Board of India 2. Nature and details of the | Administrative Warning letter bearing reference no action(s) taken, initiated or | I/25138/2026 dated 4t November 2026. order(s) passed 3. Date of receipt of direction or | E-Mail received on Wednesday, 4t November 2026 order, including any adinterim | at around 3:40 P.M. or interim orders, or any other communication from the authority 4. Details of the | The matter pertains to non-disclosure of a material violation(s)/ contravention(s) dispute to the Stock Exchanges, alleging non- committed or alleged to be compliance with Regulation 30 of the SEBI (LODR) committed; Regulations, 2015. The dispute involves GS Products India, which had initiated proceedings against the Company before the MSME Facilitation Council, Aligarh, with a claim of approximately Z12.50 crore. The Company argues that the additional disputed amount (about 1.81 crore) was below its materiality threshold of ¥3.26 crore. SEBI observed that the aggregate claim of about I12.50 crore exceeded that threshold, so the dispute should have been disclosed. Registered Office : B2 & B3, B Wing, 3 Floor, Ashar IT Park, Road No.16-Z, Wagle Industrial Estate, Thane (W) 400604. CIN : L42202MH2008PLC272209 « Email : info@vikrangroup.com « Tel.: 022-68693200 www.vikrangroup.com VIKRAN ENGINEERING LIMITED 5. Impact on financial, operation or The Company is currently examining the other activities of the listed observations and underlying details and will entity, quantifiable in monetary undertake appropriate corrective measures, terms to the extent possible wherever necessary. The liability, if any, shall be limited to the extent determined upon completion of such examination. The financial impact, if any, shall be assessed and disclosed separately, as applicable. 6. Any other relevant information The Warning letter was received via e-mail at around 3:40 P.M. on Wednesday, 04® November 2026. The Board Meeting was scheduled for the next day, Thursday, 05" November 2026. The matter was placed before the Board at the said meeting, and the directors deliberated on it. The meeting concluded at 5:00 P.M. Following the Board's deliberation, the matter, along with the Warning Letter received from SEBI, was disseminated to the Stock Exchanges as part of the Outcome of the Board Meeting, with the Warning Letter attached. The Company will consult its legal representatives and advisors on the matter and will submit their opinion at the earliest. Registered Office : B2 & B3, B Wing, 3 Floor, Ashar IT Park, Road No.16-Z, Wagle Industrial Estate, Thane (W) 400604. CIN : L42202MH2008PLC272209 « Email : info@vikrangroup.com « Tel.: 022-68693200 www.vikrangroup.com S/ azdg wfayfa ox Rffag @ =_— Securities and Exchange Board of India Deputy General Manager Supervision Enforcement and Complaints (SEC-5) Corporation Finance Department (CFD) 1/25138/2026 November 4, 2026 Vikran Engineering Limited, 401, Odyssey L.T. Park, Road No. 9, Wagle Industrial Estate, Thane, Maharashtra — 400604. Kind Attention: Ms. Kajal Rakholiya, Company Secretary and Compliance Officer, Sub: Administrative Warning — Non-compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Requlations, 2015. 1. This has reference to the examination conducted by SEBI in the matter of Vikran Engineering Limited (“Company”) regarding non-disclosure of a material dispute with GS Products India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations”). 2. In this regard, SEBI has examined the matter based on the complaint received from GS Products India, the response furnished by the Company and the examination report submitted by the National Stock Exchange of India Limited (“NSE”). 3. It has been observed that GS Products India had initiated proceedings before the MSME Facilitation Council, Aligarh, involving a claim of approximately ¥12.50 crore against the Company. The Company, however, did not disclose the said dispute to the Stock Exchanges. Jt v, Sl &l SIGT-Fe! dRwiad, HFS - Yoo oug SEBI Bhavan, “G" Block, Bandra Kurla Complex, Mumbai — 400 051 www.sebi.gov.in | 022 - 2644 9000 / 4045 9000 s'al aredrg wfayfa oz Rffag 9L Frgadt: a— Securities and Exchange Board of India Continuation: 4. The Company submitted that the additional disputed amount was approximately 1.81 crore, which was below its materiality threshold of ¥3.26 crore. However, it is observed that the aggregate claim of approximately ¥12.50 crore exceeded the materiality threshold stated by the Company. 5. In this regard, Regulation 30 read with sub-paragraph 8 of paragraph B of Part A of Schedule Il of the LODR Regulations requires listed entities to disclose material litigation(s) or dispute(s) in accordance with the prescribed materiality criteria. 6. In view of the above, the Company’s failure to disclose the aforesaid material dispute constitutes non-compliance with Regulation 30 of the LODR Regulations. 7. Therefore, the above violation has been viewed seriously. Accordingly, the company and its Board of Directors are hereby warned to be careful in future and improve the compliance standards to avoid recurrence of such lapses, failing which appropriate enforcement action may be initiated in accordance with law. 8. Further, you are advised to disclose this letter to the recognized stock exchange(s) in terms of Regulation 30 of the LODR Regulations and also place the same before the Board of Directors in the ensuing Board Meeting. Yours faithfully, Viral Vinay Parekh (Copy to BSE/NSE) The issuance of this document may be verified on the web-page accessible through the QR code printed here or from the link - https://www.sebi.qov.in/sebiweb/dnvs-authentication-v2.html.