Reply to Clarification- Financial results

Date: 30th June 2026 The Secretary National Stock Exchange of India Limited Listing Department, Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai –400051. (Scrip Symbol: VIKRAN) Subject: Clarification regarding non-submission of Declaration for Unmodified Opinion in respect of Audited Financial Results for the financial year ended 31st March, 2026 Ref: NSE Query Email dated 19th June 2026 regarding Outcome of Board Meeting – Financial Results of Vikran Engineering Limited Dear Sir/Madam, With reference to the clarification email dated 19th June 2026 received from NSE regarding the Audited Financial Results of Vikran Engineering Limited ("the Company") submitted to the Exchange on 22nd May, 2026, we wish to submit the following clarification: The Company had duly submitted the Outcome of the Board Meeting along with the Audited Standalone and Consolidated Financial Results for the financial year ended 31st March 2026 to the Stock Exchanges on 22nd May 2026. We further confirm that the Statutory Auditors of the Company have issued an Unmodified Opinion on the Audited Standalone and Consolidated Financial Results of the Company for the financial year ended 31st March 2026. However, due to an inadvertent omission/oversight, the Declaration relating to the Unmodified Opinion, as required under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was not submitted separately along with the aforesaid filing. Accordingly, we are now submitting the Declaration in respect of the Unmodified Opinion on the Audited Standalone and Consolidated Financial Results for the financial year ended 31st March 2026. Further, for ease of reference, we are also enclosing herewith the Outcome of the Board Meeting along with the Audited Standalone and Consolidated Financial Results for the financial year ended 31st March 2026, which were previously submitted to the Stock Exchanges on 22nd May 2026. We request you to kindly take the same on record and oblige. Thanking You. Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Memb. No. A45271 Place: Thane Encl.: as above Date: 30th June 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: Declaration in respect of Unmodified Opinion on Audited Financial Statement for the financial year ended 31st March 2026 Pursuant to Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that Walker Chandiok & Co LLP, Chartered Accountants (ICAI Firm Reg. No. 001076N/N500013), Statutory Auditors of the Company, have issued an Unmodified opinion on Audited Financial Results (Standalone and Consolidated) of the Company for the financial year ended 31st March 2026. This is for your information and records. Thanking You. Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Rakesh Ashok Markhedkar Chairman and Managing Director DIN:07009287 Place: Thane Date: 22nd May 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: Outcome of Board Meeting held on 22nd May 2026 Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at their Meeting held on Friday, 22nd May 2026 has approved the following: 1. Approved the Audited Standalone and Consolidated Financial Results of the Company for quarter and year ended 31st March 2026 in the specified format along with the Auditors’ Report thereon, duly reviewed by the Audit Committee, pursuant to the provisions of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (Copy enclosed). 2. Recommend a dividend of 18% of face value, i.e. Rs.0.18 (Rupees Zero point One Eight Only) per equity share of face value of Re. 1/- each for the financial year ended 31st March 2026. 3. Recommend re-appointment of Mr. Nakul Markhedkar (DIN: 07028044), Whole-Time Director of the Company w.e.f. 22nd May 2026, liable to retire by rotation. (Refer Annexure A) 4. Approved the proposal of the additional raising of funds through any or all of various methods including by way of issuance of secured, rated, listed and/or unlisted non- convertible debentures or other debt securities, on a private placement and/or public issue basis, in one or more tranches, for an aggregate amount not exceeding ₹400 crore. The Board have further delegated the powers to the Corporate Affairs Committee (CAC) for finalisation of terms & condition. (Refer Annexure B) 5. Approved the change in designation of Mr. Vipul Markhedkar, Key Managerial Personnel (KMP) of the Company, from Head – Business Operations to Chief Business Officer (CBO), w.e.f. 22nd May 2026. (Refer Annexure C) 6. Accepted the resignation of Mr. Mukhesh Nandan Jha, Senior General Manager- Procurement & Senior Management Personnel. He will continue to discharge his duties until the close of business hours on 20th June 2026. (Refer Annexure D) 7. Approved the proposal for enhancement of the overall borrowing limits of the Company from ₹1000 crore (Fund based) to ₹1500 crore (Fund based) and authorising, where required, creation of security over the assets/undertakings of the Company in connection therewith, pursuant to Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013, respectively, subject to the approval of the shareholders of the Company. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated 30th January 2026 as amended from time to time, are enclosed herewith along with a copy of resignation letter. The Meeting commenced at 05:07 P.M. and concluded at 05:45 P.M. Kindly take the above on your records. Thanking You. Yours faithfully, For Vikran Engineering Limited Kajal Rakholiya Company Secretary and Compliance Officer Membership No.: ACS 45271 Place: Thane Encl.: a/c Walker Chandiok & Co LLP Walker Chandiok & Co LLP 42nd Floor, Building Commerz ll, International Business Park, Oberoi Garden Cily, Off Wester Express Highway, Goregaon (East), Mumbai-400083 T +91 22 6626 2699 Independent Auditor's Report on Standalone Annual Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20156 (as amended) To the Board of Directors of Vikran Engineering limited Opinion 1. We have audited the accompanying standalone annual financial results (‘the Statement) of Vikran Engineering limited (‘the Company’) for the year ended 31 March 2026, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘'Listing Regulations’). 2. In our opinion and to the best of our information and according to the explanations given to us the Statement: (i) presents financial results in accordance with the requirements of Regulation 33 of the Listing Regulations; and (ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS') specified under section 133 of the Companies Act, 2013 (‘the Act’), read with the Companies (Indian Accounting Standards) Rules, 2015 [Showing first 8,000 characters — download PDF for full document]