Vikran Engineering Limited — Important, 18-05-2026: Disclosure of material issue

VIKRAN ENGINEERING LIMITED has acquired a 49% stake in NOPL Solar Projects Private Limited for Rs. 4.90 Cr.

**Issue:** Completion of a 49% equity stake acquisition in NOPL Solar Projects Private Limited.

**Impact:** This acquisition aligns with VIKRAN's strategy to expand its renewable energy footprint, aiming for business diversification and long-term growth in the solar energy sector.

**Company Response/Mitigation:** The acquisition is complete and represents a step towards operational progression in the solar energy business. The company has acquired 4900 shares at Rs. 10,000 per share.