Vikram Solar Limited
All news and filings related to Vikram Solar Limited.
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Vikram Solar Limited: Rony Banerjee Resigns, Nimish Jain Appointed Chief Business Officer
Vikram Solar Limited announced the resignation of Rony Banerjee, Executive Vice President – Sales & BD, effective September 28, 2026. The company has appointed Nimish Jain as Chief Business Officer, bringing over 17 years of experience to lead the commercial agenda and drive sales and business development.
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Vikram Solar Secures 400 MW Module Supply Order for Agri-Solar Projects in Maharashtra
Vikram Solar secures a 400 MW module supply order for decentralized solar projects in Maharashtra. The order is for high-efficiency N-Type TOPCon G12R modules and is scheduled for supply starting October 2026, with execution by March 2027.
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Vikram Solar to attend Anand Rathi Annual Flagship Conference on Sep 22
Vikram Solar Limited officials will attend the Anand Rathi Annual Flagship Conference G-200 Summit 2026 on September 22, 2026, in Mumbai. Meetings will be group/one-on-one, discussing publicly available information.
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Vikram Solar inks 1 GW solar cell supply deal with Avaada Electro worth ₹1,250 crore
Vikram Solar signed a 1 GW domestic solar cell supply agreement with Avaada Electro for approximately ₹1,250 crore. Deliveries begin September 2026. This strengthens Vikram Solar's DCR market position and supply chain resilience, complementing its backward integration strategy.
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Vikram Solar Secures 124 MW Module Supply Order for Andhra Pradesh Solar Project
Vikram Solar Limited secured a 124 MW module supply order for a solar project in Anantapur, Andhra Pradesh. The company will supply G12R TOPCon modules with supplies commencing in October 2026 and execution by end of Q3 2026. This order strengthens Vikram Solar's position in the utility-scale solar market.
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Vikram Solar Acquires 100% Stake in Vikram Solar Australia Pty Ltd
Vikram Solar Limited has acquired 100% of Vikram Solar Australia Pty Ltd for USD 50,000. This acquisition supports the company's overseas expansion strategy. Vikram Solar Australia Pty Ltd is yet to commence commercial operations and is in the renewable energy sector. The deal was completed on August 26, 2026.
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Vikram Solar Limited's Credit Rating Affirmed and Enhanced to ₹4,000 Crore
Vikram Solar Limited's total rated bank loan facilities have been enhanced from ₹2,700 Crore to ₹4,000 Crore by India Ratings. The long-term rating is affirmed as ‘IND A+’ / Stable, and the short-term rating is affirmed as ‘IND A1+’. The rating action was disclosed on August 12, 2026.
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Vikram Solar Limited Participates in Q1FY27 Earnings Conference Call
Vikram Solar Limited participated in an Earnings Conference Call on August 7, 2026, to discuss Q1FY27 financial performance ending June 30, 2026. No price-sensitive information was shared. The audio link is available on the company's website.
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Vikram Solar Limited Publishes Q1FY27 Unaudited Financial Results in Newspapers
Vikram Solar Limited published its un-audited financial results for Q1FY27, ending June 30, 2026. The results were advertised in the Financial Express and Dainik Statesman on August 7, 2026, and are also available on the company's website.
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Vikram Solar Q1FY27 Investor Presentation Released
Vikram Solar released its Q1FY27 investor presentation. Revenue from operations increased 38% YoY to ₹1,563 crore. However, EBITDA decreased 48% YoY to ₹126 crore, and PAT fell 85% YoY to ₹20 crore due to higher costs. The company is expanding vertically and entering the BESS market.
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Vikram Solar: IPO Proceeds Utilization Report for Q1FY27 Shows No Deviation
Vikram Solar's Q1FY27 Monitoring Agency Report confirms no deviation in IPO proceeds utilization. The company utilized ₹2,812.39 crore during the quarter. Project implementation faces a 3-month delay for Phase-I and Phase-II expansions. Unutilized funds of ₹6,976.64 crore are held in FDs.
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Vikram Solar Enhances Solar Facility, Reappoints Ernst & Young as Internal Auditors
Vikram Solar Limited announced its Q1FY27 results on August 06, 2026. The company is enhancing its solar manufacturing facility in Tamil Nadu from 6 GW to 9 GW, with an investment up to ₹5,589 crore, targeting commissioning by FY29. Ernst & Young LLP was re-appointed as Internal Auditors for FY 2026-27.
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Vikram Solar Q1FY27 Results & Capacity Expansion to 9 GW
Vikram Solar announced Q1FY27 results, with revenue from operations at ₹15,360.30 crore (standalone). The company is enhancing its manufacturing capacity from 6 GW to 9 GW, with commissioning by FY29, involving an investment up to ₹5,589 Crore. M/s Emst & Young LLP was re-appointed as Internal Auditors for FY27.
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Vikram Solar Limited's 21st AGM: All Resolutions Passed, Key Management Re-appointments Approved
Vikram Solar Limited's 21st AGM on August 4, 2026, saw all resolutions passed. Key approvals include re-appointments of Mr. Suresh Gopinathan Menon, Mr. Gyanesh Chaudhary (CMD), and Ms. Ratnabali Kakkar (Independent Director). Mr. Sameer Nagpal was appointed as Whole-time Director & CEO.
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Vikram Solar Limited's 21st AGM: All resolutions passed, voting results declared.
Vikram Solar Limited's 21st AGM on August 4, 2026, concluded with all 8 resolutions passed. Key appointments approved include Mr. Sameer Nagpal as Whole-time Director & CEO and re-appointments of Mr. Gyanesh Chaudhary as CMD and Ms. Ratnabali Kakkar as Independent Director. Financial statements for FY26 were also adopted.
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Vikram Solar Limited Holds 21st AGM, Transacts Key Business Items
Vikram Solar Limited held its 21st AGM on August 4, 2026. The meeting approved financial statements, director appointments and re-appointments, including Mr. Sameer Nagpal as CEO. Key resolutions also covered investments, loans, related party transactions, and cost auditor remuneration.
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Vikram Solar Schedules Q1 FY27 Earnings Call for Aug 7, 2026
Vikram Solar Limited will host its Q1 FY27 Earnings Conference Call on August 7, 2026, at 2:00 PM IST. Management, including the Chairman and MD, CEO, and CFO, will discuss the financial performance for the quarter ended June 30, 2026.
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Vikram Solar Limited Publishes Notice for 21st AGM on Aug 04, 2026
Vikram Solar Limited announced its 21st Annual General Meeting (AGM) will be held on August 4, 2026, at 2:00 p.m. IST. The post-dispatch notice was published on July 11, 2026, in Financial Express and Dainik Statesman.
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Vikram Solar Announces 21st AGM on Aug 4, 2026; Approves Rs 15,000 Cr Investment Limit
Vikram Solar Limited will hold its 21st AGM on August 4, 2026, via VC/OAVM. Key agendas include approving financial statements, re-appointing directors, and appointing Mr. Sameer Nagpal as WTD & CEO. The company also seeks approval for investments/loans up to ₹15,000 crore and related party transactions up to ₹1,350 crore.
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Vikram Solar Limited: Certificate Confirming Dematerialization Compliance for Q1 FY27
Vikram Solar Limited received a certificate from MUFG Intime India Private Limited confirming compliance with SEBI regulations for dematerialization. This covers the quarter ended June 30, 2026, ensuring processed securities are listed and registered members updated.
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Vikram Solar Announces 21st AGM on August 4, 2026, with July 28 as Cut-off Date
Vikram Solar Limited will hold its 21st Annual General Meeting on August 4, 2026. The cut-off date for voting eligibility is July 28, 2026. The meeting will be conducted via Video Conferencing and will cover resolutions for the financial year ended March 31, 2026.
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Vikram Solar Limited Announces Pre-Dispatch Notice for 21st AGM
Vikram Solar Limited has published the pre-dispatch notice for its 21st Annual General Meeting. The notice appeared in the Financial Express and Dainik Statesman on July 06, 2026, in compliance with SEBI regulations.
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Vikram Solar Commissions New Tamil Nadu Mega-Facility, Rolls Out First Module
Vikram Solar has commissioned its new manufacturing plant in Gangaikondan, Tamil Nadu, rolling out its first solar module. The 6 lakh sq. ft. facility aims to generate over 1,500 jobs and will house integrated cell, wafer, and ingot manufacturing by FY30. The company plans to establish 9 GW of solar cell capacity by FY27.
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Vikram Solar Limited: NCLAT Sets Aside CIRP Order, Reversing Tribunal Decision
The Hon'ble NCLAT has set aside the NCLT's order admitting the Corporate Insolvency Resolution Process against Vikram Solar Limited. This decision reverses the earlier tribunal order, providing significant relief to the company.
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Vikram Solar Limited: NCLAT Stays Insolvency Proceedings, Company Reaffirms Solvency
The NCLAT has stayed the corporate insolvency resolution process against Vikram Solar Limited. The company reported FY26 revenue of ₹4,802.25 crore and PAT of ₹470.42 crore. As of March 31, 2026, it has no long-term debt and a working capital net debt of ₹64 crore.
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Vikram Solar Limited faces Corporate Insolvency Resolution Process admission by NCLT Kolkata
Vikram Solar Limited (VSL) has been admitted into Corporate Insolvency Resolution Process (CIRP) by the NCLT Kolkata. The admission follows an application by operational creditor M/s Isitva Steels Private Limited for an alleged debt of ₹9.44 crore. NCLT ruled that the debt is an operational debt and the dispute raised by VSL was an afterthought. Ms. Tripti Agarwal appointed as IRP.
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Vikram Solar Limited admitted to CIRP; Company disputes claim of ₹9.44 crore
Vikram Solar Limited has been admitted to Corporate Insolvency Resolution Process (CIRP) by NCLT, Kolkata. The company disputes a claim of ₹9.44 crore. Vikram Solar reported FY26 revenue of ₹4,802.25 crore and PAT of ₹470.42 crore, stating it is financially sound with no long-term debt.
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Vikram Solar to Meet Analysts and Institutional Investors on June 23, 2026
Vikram Solar Limited will hold a Promoter's Conference for analysts and institutional investors on June 23, 2026, at 09:00 A.M. IST in Mumbai. The meeting will be held physically. Only publicly available information will be shared.
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Vikram Solar Promoter Group Reports No New Share Encumbrances as of March 31, 2026
Vikram Solar Limited's promoter group, through Vikram Capital Management, declared no new share encumbrances as of March 31, 2026. This aligns with SEBI takeover regulations and confirms no additional pledges beyond prior disclosures.
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Vikram Solar Allots 24,200 Equity Shares Under ESOP Plan 2021
Vikram Solar Limited allotted 24,200 equity shares under its ESOP Plan 2021 on May 29, 2026. This increases the company's paid-up equity share capital to ₹3,62,35,43,810. The shares were issued at an exercise price of ₹91.50 each.
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Vikram Solar Q4 FY26 Earnings Call Transcript Released
Vikram Solar Limited released its Q4 and FY26 earnings call transcript. The company reported record FY26 revenue of ₹4,800 crore, up 40% YoY, with EBITDA at ₹917 crore and PAT at ₹470 crore. Key strategic initiatives include backward integration into wafers and ingots, and expansion into battery energy storage systems (BESS). The company plans significant capex for module, cell, and wafer/ingot capacity expansion.
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Vikram Solar Approves FY26 Audited Results, Rs 3,726 Crore Capex for 6 GW Solar Facility
Vikram Solar Limited approved audited standalone and consolidated financial results for FY26. The company approved a ₹3,726 crore capex for a 6 GW solar facility in Tamil Nadu. Key appointments include Sameer Nagpal as Whole-time Director & CEO. Profit Before Tax for FY26 was ₹6,464.91 crore.
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Vikram Solar Limited Participates in Earnings Conference Call on May 8, 2026
Vikram Solar Limited participated in an investor earnings conference call on May 8, 2026, to discuss financial performance for the quarter and year ended March 31, 2026. The audio recording is available on the company website.
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Vikram Solar Limited Publishes Audited Financial Results for FY26
Vikram Solar Limited has published its audited financial results for the quarter and year ended March 31, 2026. The results were advertised in the Financial Express and Dainik Statesman on May 08, 2026, and are also available on the company's website.
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Vikram Solar Q4 FY26 Revenue Hits Record ₹1,453 Cr, PAT Surges 236%
Vikram Solar reported record Q4 FY26 revenue of ₹1,453 crore, up 22% YoY. Full-year revenue reached ₹4,802 crore, a 40% increase. PAT surged 236% YoY to ₹470 crore for FY26. The company appointed Sameer Nagpal as CEO and secured 1.9 GW orders in Q4.
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Vikram Solar Limited IPO Proceeds Utilization Report Q4 FY26
Vikram Solar Limited's IPO proceeds utilization report for Q4 FY26 shows ₹5,309.18 crore utilized and ₹9,690.82 crore unutilized as of March 31, 2026. The company reported no deviation from IPO objects. Project timelines for Phase I and Phase II have been revised, with module lines now expected by June 2026 and cell lines by December 2026.
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Vikram Solar Approves FY26 Results, ₹3,726 Crore Capex for 6 GW Solar Facility
Vikram Solar Limited approved audited financial results for the quarter and year ended March 31, 2026. Mr. Sameer Nagpal was appointed Whole-time Director & CEO. The company approved a ₹3,726 crore capex for a 6 GW wafer and ingot facility by FY29.
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Vikram Solar Approves FY26 Results, ₹3,726 Crore Capex for 6 GW Solar Facility
Vikram Solar's board approved audited standalone and consolidated financial results for FY26. Key appointments include Sameer Nagpal as CEO and re-appointments for Gyanesh Chaudhary and Ratnabali Kakkar. The company approved a ₹3,726 crore capex for a 6 GW wafer and ingot facility in Tamil Nadu, targeting completion by FY29.
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Vikram Solar to hold Q4FY26 Earnings Call on May 8, 2026
Vikram Solar Limited will host its Q4FY26 Earnings Conference Call on Friday, May 8, 2026, at 10:00 AM IST. Management will discuss the company's financial performance for the quarter and fiscal year ended March 31, 2026. Key executives including the CMD, CEO, and CFO will be present.
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Vikram Solar Ltd. Confirms Dematerialization Compliance for Q4 FY26
Vikram Solar Limited received a confirmation certificate from its Registrar and Share Transfer Agent for compliance with SEBI regulations for the quarter ended March 31, 2026. The certificate confirms proper processing of dematerialization requests and listing of securities.
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Vikram Solar Limited Closes Trading Window for Q4FY26 Results
Vikram Solar Limited is closing its trading window for designated persons from April 01, 2026. This closure is in effect until 48 hours after the announcement of audited financial results for Q4FY26 and the full financial year ending March 31, 2026. The board meeting date for approving results will be announced later.
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Vikram Solar Unveils Ambitious Expansion: 15.5 GW Module, 12 GW Cell, 12 GW Wafer/Ingot, 15 GWh BESS by FY30
Vikram Solar plans major capacity expansion: 15.5 GW module, 12 GW cell, 12 GW wafer/ingot, and 15 GWh BESS by FY30. The company reported 50% YoY revenue growth to ₹3,350 crore and 154% EBITDA growth to ₹682 crore in 9MFY26. It is introducing 3 GW of XBC cell capacity and focusing on global markets.
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Vikram Solar Limited: Anil Bhadauria Resigns as EVP & Head of Manufacturing Operations
Anil Bhadauria has resigned as Executive Vice President & Head of Manufacturing Operations at Vikram Solar Limited. His resignation is effective from 31st May 2026. The company has provided further details as requested by BSE Ltd.
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Vikram Solar Appoints Sameer Nagpal as CEO to Drive Strategic Growth
Vikram Solar Limited appointed Sameer Nagpal as Chief Executive Officer (CEO). Nagpal brings over 30 years of leadership experience. The company aims for 15.5 GW module and 12 GW cell manufacturing capacity, plus energy storage expansion. Krishna Kumar Maskara moves to COO and CRO.
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Vikram Solar Appoints Sameer Nagpal as CEO, Krishna Kumar Maskara as COO
Vikram Solar Limited appointed Mr. Sameer Nagpal as CEO and redesignated Mr. Krishna Kumar Maskara as COO, both effective March 20, 2026. Mr. Anil Bhadauria resigned as EVP & Head of Manufacturing Operations, effective May 31, 2026.
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Vikram Solar Appoints Sameer Nagpal as CEO; Krishna Kumar Maskara Redesignated COO
Vikram Solar Limited appointed Mr. Sameer Nagpal as CEO effective March 20, 2026. Mr. Krishna Kumar Maskara was redesignated as COO. Mr. Anil Bhadauria resigned as EVP & Head of Manufacturing Operations, effective May 31, 2026. The decisions were made during the Board Meeting on March 20, 2026.
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Vikram Solar to Hold Analyst Meet on March 24, 2026
Vikram Solar Limited will host an Analyst Meet on March 24, 2026, at the Jio Convention Centre, BKC. Discussions will focus on publicly available financial and operational performance data. No UPSI will be disclosed.
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Vikram Solar's subsidiary launches 'VION' lithium-ion battery range.
Vikram Solar's subsidiary, VSL PowerHive, launched its 'VION' lithium-ion battery brand for e-mobility and home backup. The range includes 1.2 KWH to 15 KWH home batteries and a 5 KWH e-rickshaw battery. The company has secured a 100 MWH BESS order and plans to build significant manufacturing capacity by FY27 and FY29.
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Vikram Solar Limited Board Meeting Concludes; Discusses Business Operations
Vikram Solar Limited's Board of Directors met on March 11, 2026, to discuss and note general business matters related to the company's operations and management. The meeting took place from 4:30 PM to 7:30 PM.
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Vikram Solar Announces Board Meeting on March 11, 2026; Trading Window Closed
Vikram Solar Limited will hold a Board Meeting on March 11, 2026, to discuss business divisions and other matters. The company's trading window will be closed until March 13, 2026, as per its insider trading code.
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