Outcome of Board Meeting

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) Company Secretary and Compliance Officer Mem. No. A45271 Place: Thane Encl.: as above Annexure II Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 *The Board has accorded its approval for the proposed availing of an issuance of commercial papersandissuance of Non-Convertible Debentures (NCDs) and the final terms and conditions shall be determined by the Corporate Affairs Committee (CAC). Annexure III Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Annexure IV Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 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 30thJanuary 2026 Sr. Particulars Details a) name of party for which such guarantees 1. NOPL Solar Project Private Limited or indemnity or surety was given; 2. Vikran MP Solar Private Limited b) whether the promoter/ promoter group/ The proposed Corporate Guarantees are group companies have any interest in in favour of the Wholly-Owned this transaction? If yes, nature of interest Subsidiaries of the Company, which are and details thereof and whether the related parties of the Company. The transaction is proposed to be undertaken on an arm's length basis. c) brief details of such guarantee or The Company proposes to issue indemnity or becoming a surety viz. Corporate Guarantees aggregating up to brief details of agreement entered (if 400 Crores as performance security in any) including significant terms and connection with the Company's EPC conditions, including amount of contractual obligations for the respective guarantee; solar projects. d) impact of such guarantees or indemnity The Corporate Guarantees shall or surety on listed entity. constitute a contingent liability of the Company to the extent of the guarantee amount. There will beno immediate cash outflow or financial impact on the Company unless the Corporate Guarantees are invoked in accordance with their terms.