Management Change7 May 2026, 11:01 pm
Vikram Solar: Sameer Nagpal Appointed CEO, ₹3,726 Cr Capex Approved
AI Summary
Vikram Solar Ltd's board approved the audited financial results for FY26 and several key appointments/re-appointments. Mr. Sameer Nagpal is appointed as the Whole-time Director and CEO, while Mr. Gyanesh Chaudhary is re-appointed as Chairman & Managing Director for 3 years. Ms. Ratnabali Kakkar is re-appointed as an Independent Director for another 5 years. Ms. Neha Agrawal is re-designated as KMP. The company also approved a ₹3,726 crore capital expenditure for a 6 GW wafer and ingot facility in Tamil Nadu by FY29.
Key Highlights
- Sameer Nagpal appointed CEO of Vikram Solar, effective May 7, 2026.
- Gyanesh Chaudhary re-appointed as Chairman & Managing Director for 3 years.
- Ratnabali Kakkar re-appointed as Independent Director for 5 years.
- Neha Agrawal re-designated as Key Managerial Personnel (KMP).
- ₹3,726 crore capex approved for 6 GW wafer and ingot facility in Tamil Nadu.