25th AGM will be held on Wednesday, 30th September, 2026

September 2, 2026 The Corporate Services Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001 BSE Code - 538794 Ref: Regulation 29, 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Sub.: Intimation of Annual General Meeting & E-voting The Notice convening 25th Annual General Meeting (AGM) of the Members of the Company scheduled to be held on Wednesday, 30th September, 2026 at 10:00 a.m. at the registered office of the Company at Office No.1, E Wing, 1st Floor, Nandanvan Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai 400067 is enclosed herewith. Pursuant to provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the Regulations, the Company is pleased to provide E-Voting facility (through CDSL) to its members, to cast their vote electronically for all resolutions proposed at the aforesaid AGM. The remote e-voting period commences on Sunday, 27th September, 2026 (9:00 a.m.) and ends on Tuesday, 29th September, 2026 (5:00 p.m.). The cut-off date for the purpose of remote e-voting and voting at the AGM is Wednesday, 23rd September, 2026. This is for your information and record. The above information is also available on the website of the Company www.jetsolarlimited.com. Thanking You, Yours faithfully, For Jet Solar Limited Rajul Shah Managing Director DIN: 00227223 Encl: a/a ANNUAL REPORT www.jetsolarlimited.com CORPORATE INFORMATION Particulars Page Nos. Notice 1 Directors Report 12 Annexure to Director’s Report 19 Management Discussion & Analysis Report 33 Report on Corporate Governance 38 Auditors’ Report 50 Balance Sheet 60 Statement of Profit & Loss 62 Cash Flow Statement 63 Notes on Financial Statements 65 Board of Directors Mr. Rajul Shah Chairman & Managing Director Mr. Dipesh Maru Independent Director Mr. Nirav Modi Independent Director Mrs. Niddhi Shah Non-Executive Director Company Secretary & Compliance Officer Mr. Krunal Shah (till 15.05.2026) Chief Financial Officer Mr. Ajay Shinde Statutory Auditor M/s. Mittal & Associates 501, Dimple Arcade, Opp. V Mall, Asha Nagar, Thakur Complex, Kandivali (East), Mumbai 400101 Bankers State Bank of India HDFC Bank Limited Registrars and Share Transfer Agents Bigshare Services Private Limited S6 – 2 Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri (E), Mumbai 400093 Registered Office Office No.1, E Wing, 1st Floor, Nandanvan Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai 400067 Tel: +91 9819191599 Email: investors@jetsolarlimited.com, Website: www.jetsolarlimited.com CIN: L45400MH2001PLC133483 NOTICE NOTICE is hereby given that the 25th Annual General Meeting of the Members of Jet Solar Limited (‘the Company’) will be held on Wednesday, 30th September, 2026 at 10:00 a.m. at the registered office of the Company at Office No.1, E Wing, 1st Floor, Nandanvan Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai 400067 to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited the Balance Sheet as at 31 March 2026, Statements of Profit and Loss, Cash Flow Statement of the Company for the year ended 31 March 2026 and the Reports of the Directors and the Auditors thereon. 2. To appoint a Director in place of Mrs. Niddhi Shah (DIN: 11017302) who retires by rotation and being eligible offers herself for re-appointment. SPECIAL BUSINESS: 3. Re-appointment of Mr. Dipesh Maru (DIN 09338263) as an Independent Director of the Company for a second term of 5 (five) consecutive years. To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 and other applicable provisions, if any, of the Companies Act, 2013, and the Companies (Appointment & Qualification of Directors) Rules, 2014, read with Schedule IV to the said Act, and Regulation 17, 25 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Articles of Association of the Company, as amended from time to time, and based on the recommendation of the Nomination and Remuneration Committee and Board of Directors of the Company, Mr. Dipesh Maru (DIN 09338263), who has submitted a declaration that he meets the criteria prescribed for Independent Directors under Section 149(6) of the Companies Act, 2013 and applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, be and is hereby re- appointed as an Independent Director of the Company (whose directorship is not liable to retirement by rotation), to hold office for a second term of five consecutive years, with effect from October 1, 2026, to September 30, 2031 in respect of whom the Company has received a notice in writing under Section 160 of the Companies Act, 2013 from a member proposing his candidature for the office of Director. RESOLVED FURTHER THAT the Board of Directors / Key Managerial Personnel of the Company be and are hereby authorised to do all such acts, deeds and things and execute all such documents, instruments, and writings as may be required to give effect to the aforesaid resolution. Registered Office: By Order of the Board Office No.1, E-Wing, 1st Floor, Nandanvan For Jet Solar Limited Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai – 400067 Tel: +91 9819191599 Rajul Shah Email: investors@jetsolarlimited.com, Managing Director Website: www.jetsolarlimited.com 00227223 CIN: L45400MH2001PLC133483 Place: Mumbai Date: 08th May, 2026 25th Annual Report 2025-26 NOTES: 1. A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINT A PROXY(S) TO ATTEND AND VOTE (ON POLL) INSTEAD OF HIMSELF AND A PROXY(S) NEED NOT BE A MEMBER OF THE COMPANY. 2. Pursuant to the provisions of section 105 of the Companies, a person can act as proxy on behalf of not more then 50 (fifty) members and holding in aggregate not more than 10% (ten percent) of the total share capital of the Company. However, a member holding more than 10% (ten percent) of the total share capital of the Company may appoint a single person as proxy and such person shall not act as proxy for any other member. 3. The instrument of Proxy, in order to be effective, should be deposited at the Registered Office of the Company, duly completed and signed, not later than 48 hours before the commencement of the meeting. A Proxy Form is annexed to this Notice. Proxies submitted on behalf of limited companies, societies, etc., must be supported by an appropriate resolution / authority, as applicable. 4. During the period beginning 24 hours before the time fixed for the commencement of the meeting and ending with the conclusion of the meeting, a member would be entitled to inspect the proxies lodged at any time during the business hours of the Company, provided that not less than three days of notice in writing is given to the Company. 5. The Explanatory Statement pursuant to the provisions of Section 102 of the Companies Act, 2013 (“the Act”), in respect of the special businesses mentioned in the Notice of this Annual General Meeting (“AGM”/” Notice”) is annexed hereto. 6. Details under Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SS-2 i.e. Secretarial Standards on General Meetings in respect of the Director seeking appointment/reappointment at the Meeting is annexed to the Explanatory Statement hereto. 7. In conformity with the applicable regulatory requirements, the Notice of the Annual General Meeting is being sent only through electronic mode to those Members who have registered their e-mail addresses with the Company or with the Depositories (NSDL/CDSL). Further In line with the Ministry of Corporate Affairs (MCA [Showing first 8,000 characters — download PDF for full document]