Vikram-Solar-Recognized-as-Top-Brand-PV-India-2025-From-EUPD-Research

KOLKATA, India, May 20, 2025 -- Vikram Solar Limited, one of India's leading solar photo-voltaic module manufacturers, has been recognised as a Top Brand PV India 2025 in the modules category by EUPD Research, a globally renowned certification body. It is a significant achievement for the company to receive this award in the modules category.

To seal the moment, the handover took place at the Vikram Solar Booth during The Smarter E, Europe, in Munich, Germany in collaboration with EUPD Research. The recognition comes at a significant time as this year marks Vikram Solar's 20^th anniversary.

Mr. Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, said "Earning the EUPD Top Brand PV India is a powerful affirmation of Vikram Solar's relentless pursuit of quality and innovation. As we accelerate our global expansion and compete on the world stage, this certification not only validates our technological leadership but also reinforces our mission to establish India as a key hub for advanced solar manufacturing. It is both a milestone and a motivator, driving us to consistently deliver solutions that exceed international standards."

Mr. Markus A.W. Hoehner, Founder & CEO of EUPD Group, acknowledged Vikram Solar's achievement and remarked, "It is with great pleasure that we congratulate Vikram Solar on being recognized with our Top Brand PV Seal 2025 in India under the Module category. This distinction reflects the company's leadership, technological excellence, and strong customer loyalty in a highly competitive market. Vikram Solar's dedication to advancing solar energy solutions continues to contribute meaningfully to India's clean energy transition."

EUPD Research has earned global recognition as a leading certification body in the solar industry. The German body has been at the forefront of measuring and analysing the perceptions of PV market intermediaries and end customers for over two decades. Founded on decades of research experience and unique evaluation models, the Top Brand PV Seal signifies the pinnacle of quality and objectivity. The certification is based on extensive independent installer surveys, market analysis, and brand performance indicators. The recognition underscores Vikram Solar's commitment to quality, innovation, and customer trust in the rapidly evolving solar energy landscape.

The latest recognition adds to Vikram Solar's growing list of product certifications. The accreditations, awarded by international and domestic agencies, help Vikram Solar's offerings seek recognition across both Indian and global markets.

Link to the EUPD website list of winners 2025- : https://eupd-group.com/product/pv-supplier/

About Vikram Solar:

Vikram Solar Limited is one of the leading Indian solar PV module manufacturers, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 39 countries. Headquartered in Kolkata, West Bengal, it is one of the largest PV module manufacturers in India. with cumulative production capacity of 4.5 GW in Fiscal 2025. Vikram Solar is a 'Top Performer' in PVEL's PV module reliability scorecard in 2024 and has been included in the Tier 1 solar PV modules manufacturer list of Bloomberg NEF as of the first three quarters of 2024.

Disclaimer

Vikram Solar Limited ("Company") is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated September 30, 2024 read with the addendum to the draft red herring prospectus dated March 25, 2025 (collectively, the "DRHP") with Securities and Exchange Board of India ("SEBI"). The DRHP is available on the websites of the Company at www.vikramsolar.com, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, JM Financial Limited at www.jmfl.com, Equirus Capital Private Limited at www.equirus.com, Nuvama Wealth and Investment Limited at www.nuvamawealth.com, UBS Securities India Private Limited at www.ubs.com and PhillipCapital (India) Private Limited at www.phillipcapital.in and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" of the DRHP and the RHP/Prospectus, when available. Potential investors should not rely on the RHP/Prospectus for any investment decision.