Vikran Engineering Limited — Capital/Financing Update 2026

Feb 3, 2026

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Date: 3[rd] February 2026

To,The SecretaryBSE LimitedCorporate Relationship Department,Phiroze Jeejeebhoy Towers, Dalal Street,Mumbai-400001.(ScripCode: Equity-544496)	To,The SecretaryNational Stock Exchange of India LimitedListing Department,Exchange Plaza, Bandra-Kurla Complex,Bandra (E), Mumbai –400051.(ScripSymbol:VIKRAN)

Dear Sir/Madam,

Sub: Intimation of Loan Agreement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that Vikran Engineering Limited (“the Company”) has entered into a Loan Agreement with Onix Renewable Limited (Borrower).

In accordance with the provisions of Regulation 30 read with Schedule III of the LODR Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 the important terms and conditions of Loan Agreement are enclosed as Annexure- A .

This is for your information and records.

Thanking You.

Yours faithfully,

FOR VIKRAN ENGINEERING LIMITED

KAJAL SAGAR Digitally signed by KAJAL SAGAR RAKHOLIYA RAKHOLIYA Date: 2026.02.03 17:45:33 +05'30'

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Kajal Rakholiya

Company Secretary and Compliance Officer Place: Thane Encl.: as above

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Annexure-A.

	Annexure-	Annexure-	Annexure-	A.Detailskran Engineering Limited (Lender)ix Renewable Limited (Borrower)
	S.No	Particulars		Details
	a.	name(s) of parties with whom theagreement is entered;	1. Vi2. On	kran Engineering Limited (Lender)ix Renewable Limited (Borrower)
	b.	purpose of entering into the	Inter Corporate Loan
		agreement;
	c.	size of agreement;	Rs. 49.15 Crores
	d.	shareholding, if any, in the entity	Not Applicable
		with whom the agreement isexecuted
	e.	significant terms of the agreement(in brief) special rights like rightto appoint directors, first right toshare subscription in case ofissuance of shares, right to restrictany change in capital structureetc.;	Interest Rate: 15% per annum.The Loan is repayable on demand at the solediscretion of the Lender, which may call forthe full or partial repayment of the Loan,with or without notice.
	f.	whether, the said parties arerelated to promoter/promotergroup/ group companies in anymanner. If yes, nature ofrelationship;	Not Applicable
	g.	whether the transaction wouldfall within related partytransactions? If yes, whether thesame is done at “arm’s length”;	Not Applicable
	h.	In case of issuance of shares to theparties, details of issue price, classof shares issued	Not Applicable
	i.	in case of loan agreements, detailsof lender/borrower, nature of theloan,totalamountofloangranted/taken,totalamountoutstanding, date of execution oftheloanagreement/sanctionletter, details of the securityprovided to the lenders / by theborrowers for such loan or in caseoutstanding loans lent to a partyor borrowed from a party becomematerial on a cumulative basis;	Lender: Vikran Engineering LimitedBorrower :Onix Renewable LimitedNature of Loan-Demand LoanAmount of Loan:INR 49,15,00,000 (IndianRupees forty-nine crore and fifteen lakhs only)Date of Execution of the agreement: 31stJanuary 2026

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j.	Any other disclosures related tosuch agreements, viz., details ofnominee on the board of directorsof the listed entity, potentialconflict of interest arising out ofsuch agreements,etc.	Not applicable
k.	Incaseofterminationoramendment of agreement, listedentity shall disclose additionaldetails to the stock exchange(s):i.name of parties to the agreement;ii. nature of the agreement;iii. date of execution of theagreement;iv. details of amendment andimpact thereof or reasons oftermination and impact thereof.	As on date of disclosure there is notermination /amendment of the loanagreement.
l.	Reason for delay in disclosure	The loan agreement was executed on 31stJanuary 2026. However, the disclosure to theStock Exchanges was delayed due to aninadvertentadministrativelapseincommunication and collation of the finalexecuted documents to the Compliance Team.The delay was unintentional and without anyintent to withhold material information. TheCompany has taken steps to strengtheninternalprocessestoensuretimelycompliance with Regulation 30goingforward.