Switched from InnoSetup to AdvancedInstaller for setup creation. This allowed me to implement context menu entries for Windows 11 easily:
On Windows 10 and older (moved from "Send to" submenu):
This installer is not compatible with the old one. Please uninstall the old version if you have it installed before using the new installer.
The setup file has a few false positives on VT (I know, ironic). I will try to contact the individual AV vendors and ask them to whitelist it. It does not help that I am currently using a new code signing certificate (the old one expired, so I bought a new one for 3 years).