Vikram Solar acquires 100% stake in Australia-based Vikram Solar Australia for USD 50,000 Back

<p>Vikram Solar Limited announced that it has completed the acquisition of 100% shareholding of Vikram Solar Australia Pty Ltd, an Australia-based company incorporated on March 4, 2026, for a cash consideration of USD 50,000, making it a wholly owned subsidiary. The acquisition, which concluded on August 26, 2026, supports Vikram Solar’s overseas expansion strategy and does not constitute a related party transaction.</p>