Please find enclosed herewith the intimation for change in management which is self explanatory

Vikram Solar's board approved audited FY2026 results with standalone net profit surging 237% to ₹4,690.58 million on revenue of ₹48,034 million (up 40.6% YoY). Consolidated net profit was ₹4,704.21 million. Key management changes include appointment of Mr. Sameer Nagpal as Whole-time Director & CEO (May 7, 2026), re-appointment of Chairman & MD Mr. Gyanesh Chaudhary for 3 years, and re-appointment of Ms. Ratnabali Kakkar as Independent Director for 5 years. Ms. Neha Agrawal stepped down as Whole-time Director/KMP and was re-designated as SVP – Corporate Strategy. The board also approved a ₹3,726 crore capital expenditure for a 6 GW backward-integrated wafer and ingot facility in Tamil Nadu (Phase 1 of a 12 GW roadmap by FY30), and classified VSL Green Power Private Limited as a material subsidiary. The company listed on NSE/BSE in August 2025 via IPO raising ₹14,144.87 million (net). Statutory auditors gave unmodified opinion. Emphasis notes flagged: ₹1,485.20 million safeguard duty receivable (subjudice) and ₹528.09 million trade receivables withheld by customers (in dispute/arbitration).