Please find enclosed the Outcome of Board Meeting held on 06th August 2026

vikramsolar CREATING CLIMATE FOR CHANGE August 06, 2026 VSL/CS/370/2026 dated 06.08.2026 BSE Limited. National Stock Exchange of India Ltd. Department of Corporate Services P. ). Towers, Dalal Street, Mumbai—400 001. Listing Department Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai (Scrip Code: Equity - 544488) -400051 (Symbol: VIKRAMSOLR, Series EQ) Dear Sir/ Madam, Sub: Outcome of the Board Meeting held today i.e. August 06, 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (‘Listing Regulations’) and based on the recommendation of Audit Committee, we wish to inform that the Board of Vikram Solar Limited (“Company”) at its meeting held today i.e. August 06, 2026, has inter alia considered and approved: 1. The Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026 (Q1FY27), togetherwith the Limited Review Reportissued by M/s G ARV & Associates, Chartered Accountants pursuant to Regulation 33 of the Listing Regulations. A copy of the same is enclosed as Annexure A. 2. The enhancement of the Company's proposed backward-integrated wafer and ingot manufacturing facility at its Gangaikondan site, Tamil Nadu from 6 GW to 9 GW in continuation of our earlier intimation vide letter no. VSL/CS/313/2026 dated 07.05.2026, which is scheduled to be commissioned by FY29. The details asrequired under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time is enclosed as Annexure B. 3. There-appointment of M/s Emst & Young LLP, Chartered Accountants (E&Y) (Firm Registration No. AAB-4343) as the Internal Auditors of the Company for FY 2026-27. The details as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time is enclosed as Annexure C. The meeting commenced at 15:30 PM and concluded at 20:00 PM. Thanking You, For and on behalf of VIKRinta AM SODLol AR LsoIneMdbIr TED Sudipta S B So60806 Bhowal = %00 SUDIPTA BHOWAL Company Secretary & Compliance Officer Encl. As Above VIKRAM S R LIMITED P> REGISTERED OFFICE i eee 1800212 8200 i D> MANUFACTURING PLANT- FALTA Biowonder 1102, 789, Anandapur i e info@vikramsolar.com Special Economic Zone, East Kolkata Township, i it 24 Parganas (South), 743 504 West Bengal, India wes Www.vikramsolar.com D> MANUFACTURING PLANT- CHENNAI D CORPORATE OFFICE i © ! L18100WB2005PLC106448 B1000A, B1100C, Indospace Industrial Park The Chambers, 8" Floor, 1865, Rajdanga i | Panaiyur Kanchipuram, Tamil Nadu 631 604, India Main Road, Kolkata 700 107, West Bengal, India i Annexure A GARV & AssociHa tes 2b7A Hazra Road i Chartered Accountants Phone : +91 (33) 404047/ 447434 E-mai fo@garvca.com Website : www.garvca.com Independent Auditor’s Review Report on the Quarterly Standalone Unaudited Financial Results of M/s Vikram Solar Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Vikram Solar Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of Vikram Solar Limited (“the Company”) for the quarter ended June 30, 2026 (“the Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereundaenrd other accounting principles generally accepted inindia, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. ¢ Network : GARV & Affiliates Branch : 19, R. N. Mukherjee Road, Eastern Building, 1st Floor, Kolkata 700 001 Kolkata | Bengaluru | Chennai | Guwahati | Hyderabad | Mumbai Emphasis of Matter . We draw attention to the Note 6 of the accompanying standalone financial results which describe the matter regarding payment of safeguard duty amounting to Rs. 1485.20 million which has been considered as receivable in the financial statements since the matter is subjudice and based on legal opinion obtained by the Company, the Company has an arguable case on merits and hence no provision is required in respect of this matter. Necessary adjustments in the financials will be made based upon the legal outcome of the matter. . We draw attention to the Note 7 of the accompanying standalone financial results which describe the matter regarding amount of Rs. 528.09 million (included in Trade Receivables in the Financial Statements) which has been withheld/recovered by certain customers related to EPC and other contracts on account of Liquidated damages, generation loss etc. which the Companhays not acknowledged and the matter has been referred to Dispute resolution/ Arbitration/court as per the terms of the respective contracts. The management is hopeful of resolution of the matter in favour of the Company and necessary adjustments in the financial will be made based upon the outcome of the proceedings. Our conclusion is not modified in respect of this matter. For GARV & ASSOCIATES. Chartered Accountants Firm Registration No.301094E Place: Kolkata (Ashish Rustagi) 3 Date: 6" August, 2026 Partner 4 UDIN: 26062922 W LACAQ261L Membership No. 062982 Vikram Solar Limited Regd office: ‘ashvishree’ Biowonder, 11th Floor, Unit No 1102, 789, Anandapur Main Road, Kolkata 700107, West Bengal, India CIN: L18100WB2005PLC106448, Website : www.vikramsolar.com E-mail Id: secretarial@vikramsolar.com, Phone No.: + 91 33 2442 7299/7399, + 91 33 4003 0408/0409 ‘Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026 (All amounts are in € million, unless otherwise stated) Guarter ended Year ended sr. " 30Jun26 | 31-Mar26 | 30-Jun25 | 31-Marzs No/ RAMCURS Unaudited Audited Unaudited | Audited Refer Note-3 T [ Tncome (i) Revenue from Operations 15,360.30 14,525.97 11,351.60 48,034.33 (i) Other Income 12539 183.72 4241 584.33 Total Income 15,485.69 1470969 | 11.39401| 486 [Showing first 8,000 characters — download PDF for full document]