Vikram Solar Limited has informed the Exchange about Change in Management and Auditors

Vikram Solar's board approved multiple items on May 7, 2026. Key management changes include appointment of Mr. Sameer Nagpal as Whole-time Director and CEO, while Ms. Neha Agrawal resigned as Whole-time Director and was re-designated as Senior Vice President - Corporate Strategy (KMP). The company also re-appointed Mr. Gyanesh Chaudhary as Chairman & Managing Director for 3 years and Ms. Ratnabali Kakkar as Independent Director for 5 years. Financially, FY26 showed strong growth with revenue from operations rising 41% to Rs 48,034 million and net profit jumping 237% to Rs 4,691 million versus FY25. The board approved a massive Rs 3,726 crore capital expenditure to establish a 6 GW backward-integrated wafer and ingot facility in Tamil Nadu by FY29, marking the company's transformation from component provider to fully integrated solar manufacturer. The statutory auditor GARV & Associates gave an unmodified opinion on the financial results.