Acquisition

August 26, 2026 VSL/CS/381/2026 dated 26.08.2026 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, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to Regulation 30 of the Listing Regulations read along with Para A of Part A of Schedule III attached thereto, we wish to inform you that the Company has completed the acquisition of the entire shareholding of “Vikram Solar Australia Pty Ltd” (a Company incorporated in Australia) and consequent to the said acquisition Vikram Solar Australia Pty Ltd has become a wholly owned subsidiary of the Company. We enclose herewith the details required under Para A of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as Annexure A to this letter. We request you to kindly take the aforesaid information on record. Thanking You, For and on behalf of VIKRAM SOLAR LIMITED SUDIPTA BHOWAL Company Secretary & Compliance Officer Encl. As Above Annexure A Disclosures as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sl. No. Particulars Responses Name of the target entity, details in brief such as size, turnover Name of the target entity: Vikram etc. Solar Australia Pty Ltd. (“Target Entity”) Brief details: The Target Entity is a company incorporated in Australia and is yet to commence its commercial operations. Whether the acquisition would fall within related party The proposed acquisition does not transaction(s) and whether the promoter/promoter constitute a related party 2. group/group companies have any interest in the entity being transaction. acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length 3. Industry to which the entity being acquired belongs Renewable energy industry Objects and impact of acquisition (including but not limited to, Supporting the Company’s overseas 4. disclosure of reasons for acquisition of target entity, if its expansion strategy business is outside the main line of business of the listed entity Brief details of any governmental or regulatory approvals Requisite approvals as applicable for required for the acquisition investment in an entity incorporated in Australia 6. Indicative time period for completion of the acquisition August 26, 2026 Consideration -whether cash consideration or share swap or any Cash consideration for issuance of other form and details of the same. equity shares of the Target Entity Cost of acquisition and/or the price at which the shares are USD 50,000 for 67,683 equity shares 8. acquired of face value AUD 1.00 per equity share Percentage of shareholding/control acquired and/or number of 100% shareholding, i.e. 67,683 9. shares acquired equity shares of face value AUD 1.00 per equity share Brief background about the entity acquired in terms of The Target Entity was incorporated products/line of business acquired, date of incorporation, on March 4, 2026, in Australia. history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in The Target Entity is yet to brief); commence its commercial operations.