24-Jun-2026 20:20:53

VIKRAMSOLAR : NCLAT STAYS CIRP PROCEEDINGS

• NCLAT has stayed the operation of the order admitting a petition filed by Isitva Steels Private Limited, halting the corporate insolvency resolution process against Vikram Solar Limited. • The company reiterates it is solvent and financially sound, with exceptional operational performance, achieving total revenue of ₹4,802.25 Cr and profit-after-tax of ₹470.42 Cr for fiscal 2026. • As of March 31, 2026, the company has no long-term debt and a working capital net debt of ₹64 Cr, with the net working capital cycle improved to 44 days from 82 days in Fiscal 2025.

Vikram Solar Limited

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