Press Release

July 06, 2026 VSL/CS/350/2026 dated 06.07.2026 BSE Ltd. National Stock Exchange of India Ltd. Department of Corporate Services Listing Department P. J. Towers, Dalal Street, Mumbai – 400 001. Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 (Scrip Code: Equity - 544488) (Symbol: VIKRAMSOLR, Series EQ) Dear Sir/ Madam, Subject: General Update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Successful Roll Out of First Module from New Manufacturing Mega-facility in Tamil Nadu Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a Press Release regarding the formal commissioning of the Company’s new manufacturing Mega-facility at Gangaikondan, Tamil Nadu, marking successful roll out of the first solar module from the Plant. The Press Release is self-explanatory. You are requested to take the information on record. Thanking You, For and on behalf of VIKRAM SOLAR LIMITED Sudipta Bhowal Company Secretary & Compliance Officer Encl. As Above Vikram Solar Successfully Rolls Out First Module from Its New Manufacturing Mega-Facility in Tamil Nadu Kolkata, India: Vikram Solar, one of India's leading solar PV module manufacturers, today announced the formal commissioning of its new manufacturing plant at Gangaikondan, Tamil Nadu, with the plant's first solar module now successfully manufactured. Over the past two decades, Vikram Solar has grown into one of India's most trusted names in solar module manufacturing, advancing its technological capabilities with every new facility it has built. Building on the recent launch of its Vallam plant, the Gangaikondan facility marks the next step in this progression bringing state-of-the-art automation and smart manufacturing to the table, while laying the groundwork for the company's planned vertical integration across cell, wafer, and ingot manufacturing. This is the company's newest manufacturing facility in Tamil Nadu and represents a significant step in Vikram Solar's expansion journey, reinforcing its commitment to strengthening India's domestic solar manufacturing capabilities. Spread across 6 lakh sq. ft., the newly built greenfield module manufacturing facility is expected to generate employment for more than 1,500 skilled professionals. The investment supports regional industrial development while expanding India's clean energy manufacturing base. It is a highly automated plant built to the latest standards in module manufacturing. As a next-generation smart factory, the plant combines advanced automation with digital manufacturing technologies to improve efficiency, quality, and reliability. From real-time production tracking to automated quality checks at every stage, the facility is built to minimise manual intervention and maximise precision, helping ensure that each module performs reliably for decades. Key capabilities include real-time monitoring of the entire production process, complete traceability of every module manufactured, automated inspection systems that catch defects with greater accuracy, and automated handling at critical stages. The plant also uses smart systems to automatically grade, sort, and package modules based on their performance, ensuring customers receive consistently high-quality products. The first products manufactured at the plant are Vikram Solar’s Hypersol N-Type TOPCon G12R modules. They deliver 615-640 Wp of rated power with module efficiencies of up to 23.69%. The Gangaikondan plant is a cornerstone of Vikram Solar's long-term vision to build a fully integrated solar manufacturing ecosystem in India. Over the coming years, the campus will progressively house module, cell, wafer, and ingot manufacturing, bringing the entire solar value chain under one roof. This integrated model will strengthen supply chain resilience, enhance quality control across every stage of production, reduce logistics and ancillary costs, and increase domestic value addition. As part of this roadmap, Vikram Solar plans to establish 9 GW of solar cell manufacturing capacity by FY27, expand it by another 3 GW by FY28, and add 12 GW of wafer and ingot manufacturing capacity by FY29-30, reinforcing its commitment to building a globally competitive, self-reliant solar manufacturing ecosystem. Mr Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said: “The rollout of the first module from our Gangaikondan plant marks an important milestone in Vikram Solar’s growth journey. Having crossed 10 GW in cumulative global module deployments earlier this year, we are building capacity against demonstrated demand. As we progressively add cell, wafer, and ingot production at this site, we are building an integrated manufacturing platform aligned with India’s domestic content framework strengthening supply chain resilience, enhancing domestic value creation, and supporting India’s clean energy ambitions. This is more than a new plant. It is an investment in the future of Indian solar manufacturing.” About Vikram Solar Limited: Vikram Solar Limited is one of the leading Indian solar module manufacturers, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 39 countries. Headquartered in Kolkata, West Bengal, it is one of the largest PV module manufacturers in India. Vikram Solar is a ‘Top Performer’ in PVEL’s PV Module Reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of Bloomberg NEF for 8 consecutive quarters. Vikram Solar Limited has established a pan-India presence through an extensive distributor network of 110+ authorized distributors and more than 550+ dealers. For further information, please contact: Srabani Sen| Vikram Solar | Mobile: +91 7349661300| Email: press@vikramsolar.com