5444962026-05-205444962026-05-202026-05-20iso4217:INRxbrli:pure

544496

VIKRAN ENGINEERING LIMITED

VIKRAN

NOTLISTED

INE01R501028

New

Acquisition (including agreement to acquire)

false

2026-05-18

02:00:00

2026-05-20

VIKRAN ENGINEERING LIMITED

Listed Entity (self)

NOPL SOLAR PROJECTS PRIVATE LIMITED

The Company has undertaken execution of solar power projects in F.Y. 2025-2026 evidencing its operational progression within the solar energy business.

false

true

Renewable Energy Solar Power Generation

The acquisition is in line with the Company’s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.

false

The Company acquired 4900 shares of Target Entity on 15th May 2026 (reflected in demat account on 18th May 2026), with this the company has acquired 49% equity stake in the Target Company.

Cash

49000000

Consideration shall be discharged in cash

49000000

0.49

NOPL Solar Projects Private Limited (“Target Entity”), was incorporated on January 20th May 2024 with the Paid-up capital INR 1,00,000. It is engaged primarily for development, operation and maintenance of solar power projects 969 MW (AC) grid-connected solar power project under Component C of the PM-KUSUM Scheme in the renewable energy sector in state of Maharashtra. The Company has undertaken execution of solar power projects in F.Y. 2025-2026 evidencing its operational progression within the solar energy business.

2024-05-20

INDIA