Vikram Solar accepted the resignation of Rony Banerjee, Executive Vice President – Sales & Business Development, effective September 28, 2026. The company simultaneously appointed Nimish Jain as Chief Business Officer to oversee its commercial agenda.

Leadership transition details

Banerjee’s departure follows his formal resignation letter dated August 27, 2026. He cited a desire to pursue new challenges aligned with long-term career growth. The company confirmed that internal discussions led to the acceptance of his resignation. Banerjee committed to ensuring a smooth transition of responsibilities and assisting in training his successor during the handover period.

New appointment profile

Nimish Jain brings over 17 years of leadership experience in solar manufacturing, international sales, operations, and P&L management. His tenure with Vikram Solar has spanned key markets globally. In his new capacity as CBO, Jain will consolidate sales and business development efforts to support the company’s scaling initiatives and market presence.

Regulatory compliance

The disclosures were made pursuant to Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the intimation with BSE Limited and National Stock Exchange of India Ltd on September 29, 2026. Details regarding the cessation and appointment are available on the company website.

Vikram Solar has secured a 400 MW order for N-Type TopCon modules from a major EPC player. The modules will be deployed in agri-solar projects across Maharashtra.

Order details

The following table summarises the key parameters of the order:

The order covers the supply of N-Type TopCon modules, a high-efficiency solar technology, to be deployed across agri-solar projects in Maharashtra. The client is described as a leading EPC player, underscoring the scale and significance of the procurement.