Vikram Solar appoints Sameer Nagpal as CEO to Lead Next Phase of Strategic Growth

Vikram Solar Limited, one of India's leading integrated solar manufacturing and energy solutions providers, today announced the appointment of Sameer Nagpal as its Chief Executive Officer (CEO), effective immediately.

Sameer Nagpal brings over three decades of leadership experience across diverse industries, along with a proven track record of driving transformation, accelerating growth, and delivering sustained value creation in key leadership roles at Livguard Energy Technologies, Dalmia Bharat Group, Shalimar Paints, Ingersoll Rand, Zicom and Carrier Air Conditioning. His appointment marks a significant milestone as Vikram Solar advances its strategic vision to deepen backward integration, scale manufacturing capabilities, and reinforce its position in the global renewable energy landscape.

The company has outlined an ambitious growth roadmap to become a fully integrated energy solutions provider, targeting 15.5 GW of module manufacturing capacity, along with 12 GW of cell manufacturing capacity through backward integration. In parallel, Vikram Solar is expanding into energy storage with plans for 5 GWh BESS module manufacturing and 7.5 GWh battery cell manufacturing, with further scalability in the future.

Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar Limited, said: "The energy transition is at a defining moment, where scale, integration, and agility will separate the leaders from the rest. . Sameer brings a rare combination of transformation-led thinking and execution excellence, which will be critical as we evolve into a more integrated and globally competitive organisation. His leadership will help us not only strengthen our capabilities but also reimagine how we create sustainable value in an increasingly dynamic energy landscape."

On his appointment, Mr. Sameer Nagpal, CEO, Vikram Solar Limited, said: "I am excited to join Vikram Solar at a time when the global energy landscape is undergoing a fundamental shift, creating opportunities for companies that can combine scale with agility and innovation. Vikram Solar has built a strong platform to participate meaningfully in this transition. As we move forward, our focus will be on strengthening our market position, expanding our global footprint, and enhancing our integrated capabilities to better serve evolving customer and market needs. I look forward to leading the organisation in its next phase of growth and contributing to a more sustainable energy future."

Sameer succeeds Mr. Krishna Kumar Maskara, who served as Interim CEO and played an instrumental role in steering the company through a critical phase of growth, including the successful public listing in August 2025. Mr. Maskara will now serve as Chief Operating Officer (COO) and Chief Risk Officer (CRO), leading operational excellence across manufacturing and delivery while providing independent oversight of the enterprise risk management framework.

Shares of Vikram Solar Limited was last trading in BSE at Rs. 192.45 as compared to the previous close of Rs. 189.20. The total number of shares traded during the day was 138169 in over 2000 trades.

The stock hit an intraday high of Rs. 196.00 and intraday low of 190.10. The net turnover during the day was Rs. 26705228.00.

Source : Equity Bulls

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