Vikran Engineering Limited — Capital/Financing Update 2025

Dec 23, 2025

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Date: 23[rd] December 2025

To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496 ) (Scrip Symbol: VIKRAN )

Dear Sir/Madam,

Sub.: Intimation of receipt of work order from Onix Renewables Limited (SPV) of INR 2035.26 Crores for solar plant development of 600 MW

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Vikran Engineering Limited (“the Company”) wish to announce that work order accepted on 23[rd] December 2025 from Onix Renewables Limited (SPV) of INR 2035.26 Crores for solar plant development of 600 MW AC at multiple locations in the State of Maharashtra.

Further, information as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure I.

This is for your information and records.

Thanking You.

Yours faithfully,

FOR VIKRAN ENGINEERING LIMITED

Digitally signed KAJAL by KAJAL SAGAR SAGAR RAKHOLIYA RAKHOLIYA Date: 2025.12.23 17:07:27 +05'30' ____

Kajal Rakholiya Company Secretary and Compliance Officer

Place: Thane

Encl.: as above

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ANNEXURE -I

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Sr. No.	Particulars	Details
1	name of the entity awarding the order(s)/contract(s);	Onix Renewables Limited
2	significant terms and conditions of order(s)/contract(s) awarded in brief;	Issuance of Work Order for Design, Engineering, Procurement, Supply, Erection, Testing and Commissioning on Turnkey EPC basis (Including Supply of Solar PV Modules and Inverter) for 600 MW AC in multiple locations in the State of Maharashtra
3	whether order(s) / contract(s) have been awarded by domestic/ international	Domestic Entity
	entity;
4	nature of order(s) / contract(s);	EPC works for solar plant development of 600 MW AC at multiple locations in the State of Maharashtra
5	whether domestic or international;	Domestic
6	time period by which the order(s)/contract(s) is to be executed;	12 Months
7	broad consideration or size of the order(s)/contract(s);	INR 2035.26 Crores excluding GST (INR 2216.40-including all taxes and applicable GST)
8	whether the promoter/ promoter group / group companies have any interest in	No
	the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof;
9	whether the order(s)/contract(s) would fall within related party transactions? If	No
	yes, whether the same is done at “arm’s length”.

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