Vikram Solar announces senior management transition with new HR leadership appointment

2 min read     Updated on 13 Jan 2026, 12:41 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Vikram Solar Limited announced senior management changes with Mr. Arindam Chakraborty resigning as Senior VP & Head of Global HR effective March 31, 2026, citing personal priorities. The company appointed Mr. Biresh Ranjan Das as new Senior VP – Human Resources, bringing over two decades of cross-industry experience. Das will lead people strategy, organizational development, and talent pipeline strengthening to support the company's growth in the clean energy sector.

29833888

*this image is generated using AI for illustrative purposes only.

Vikram Solar Limited has announced key changes in its senior management structure, with the resignation of a senior HR executive and the appointment of his replacement. The solar energy company communicated these developments to stock exchanges on January 13, 2026, in compliance with regulatory disclosure requirements.

Senior Management Resignation

Mr. Arindam Chakraborty, who served as Senior Vice President & Head of Global HR and was designated as Senior Management Personnel (SMP), submitted his resignation letter dated December 31, 2025. The company's management accepted his resignation on January 13, 2026.

Parameter: Details
Position: Senior Vice President & Head of Global HR
Resignation Date: December 31, 2025
Effective Date: March 31, 2026
Reason: Personal priorities and family engagements
Notice Period: 3 months

In his resignation letter addressed to CEO Krishna Kumar Maskara, Chakraborty expressed gratitude for opportunities provided during his two-year tenure and cited personal priorities and family engagements as reasons for his departure. He committed to performing all professional duties and ensuring proper handover before his exit.

New HR Leadership Appointment

Simultaneously, Vikram Solar announced the appointment of Mr. Biresh Ranjan Das as Senior Vice President – Human Resources. Das brings extensive experience spanning multiple industries and will lead the company's people and culture initiatives.

Professional Background and Expertise

Biresh Ranjan Das's professional profile includes:

  • Over two decades of experience across diverse sectors
  • Expertise in manufacturing, telecom, hospitality, infrastructure, and global shared services
  • Practical perspective on scaling organizations in complex, multi-location environments
  • Focus on aligning people strategy with business priorities

Strategic Role and Responsibilities

In his new position, Das will oversee several critical areas of human resources management. He will lead the company's people and culture agenda while working closely with management to build organizational capability aligned with Vikram Solar's growth plans and expanding global footprint.

Key Focus Areas

Das's responsibilities will encompass:

  • Workforce strategy development and implementation
  • Organization design and structure optimization
  • Productivity initiatives across operations
  • Leadership development programs
  • Institutionalizing people processes
  • Strengthening talent pipelines for clean energy industry demands

Strategic Significance

The appointment reflects Vikram Solar's proactive approach to talent management in the rapidly evolving clean energy sector. The company emphasized that Das's appointment demonstrates its commitment to strengthening talent development, expanding the employability pool, and creating a sustainable pipeline of future-ready professionals for the clean energy ecosystem.

This management transition comes as the solar energy industry continues to experience significant growth, requiring companies to build robust human resource capabilities to support expansion plans and meet evolving market demands.

Historical Stock Returns for Vikram Solar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.20%-4.33%-5.64%-35.65%-35.65%-35.65%
Vikram Solar
View in Depthredirect
like20
dislike

Vikram Solar Receives Credit Rating Upgrade from India Ratings on ₹2,700 Crore Facilities

1 min read     Updated on 19 Dec 2025, 04:24 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Vikram Solar Limited has received a credit rating upgrade from India Ratings for its bank facilities worth ₹2,700 crores. The long-term bank facilities have been upgraded to 'IND A Stable', while the short-term facilities maintain an 'IND A1' rating. This upgrade covers both long-term and short-term bank facilities, reflecting an improvement in the company's creditworthiness. The company has disclosed this information to BSE and NSE in compliance with SEBI regulations.

27687251

*this image is generated using AI for illustrative purposes only.

Vikram Solar Limited has received a credit rating upgrade from India Ratings and Research Private Limited (India Ratings) for its bank facilities worth ₹2,700 crores. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The rating upgrade covers both long-term and short-term bank facilities of the solar energy company. India Ratings has revised its assessment of Vikram Solar's creditworthiness, reflecting improved financial standing.

Facility Type Previous Rating Revised Rating Status
Long Term Bank Facilities Not specified IND A Stable Upgraded
Short Term Bank Facilities Not specified IND A1 Maintained

Regulatory Compliance

The credit rating revision was communicated to both BSE Limited and National Stock Exchange of India Limited as part of the company's disclosure obligations. Vikram Solar trades on BSE with scrip code 544488 and on NSE with the symbol VIKRAMSOLR in the equity series.

Credit Facility Coverage

The total credit facilities covered under this rating assessment amount to ₹2,700 crores. The rating upgrade indicates India Ratings' positive assessment of the company's ability to service its debt obligations and overall financial health.

Additional Information

According to the company's disclosure, detailed information about the revised credit rating is available on India Ratings' official website. The rating letter has been issued to Vikram Solar for the specified credit facilities, providing formal documentation of the upgrade.

Historical Stock Returns for Vikram Solar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.20%-4.33%-5.64%-35.65%-35.65%-35.65%
Vikram Solar
View in Depthredirect
like16
dislike
More News on Vikram Solar
Explore Other Articles
229.34
+2.72
(+1.20%)