KPI Green Energy Limited has informed the Exchange regarding change in Statutory Auditors of the Material Subsidiary Company. The disclosure is attached herewith.

KPI/MAT/SEP/2026/821 Date: September 02, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400051 Scrip Code: 542323 Symbol: KPIGREEN Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), we wish to inform that M/s. K A Sanghavi & Co LLP, Chartered Accountants, (ICAI Firm Registration No. 0120846W/W100289), have resigned as the Statutory Auditors of Sun Drops Energia Limited (“SDEL”), a material subsidiary of KPI Green Energy Limited (“KPI Green”), effective September 02, 2026, vide its resignation letter of the even date. There are no concerns raised by the resigning auditor with respect to the management of SDEL which may have hampered the audit process. As stated in the resignation letter, the resignation is intended to facilitate alignment of the Statutory Auditors of SDEL with the statutory auditors of its Holding Company i.e. KPI Green. Accordingly, there was no matter warranting deliberation by the Audit Committee as per SEBI master Circular and, consequently, separate disclosure of the Audit Committee’s views is not applicable. A copy of the resignation letter along with the annexure containing the required information from the Statutory Auditor in the format as specified in the SEBI Master Circular, as received from M/s. K A Sanghavi & Co LLP is attached herewith as Annexure – II. Pursuant to Section 139 and other applicable provisions, if any, of the Companies Act, 2013 and based on the Audit Committee’s recommendation and subject to members’ approval, the Board of SDEL approved appointment of M/s. MSKC & Associates LLP, Chartered Accountants, a member firm of BDO International (Firm Registration No.: 001595S/S000168), as the Statutory Auditors of the SDEL, to fill the casual vacancy arising due to resignation of previous Statutory Auditor i.e. M/s. K A Sanghavi & Co LLP, Chartered Accountants. This appointment will be subsequently approved by the shareholders of SDEL at its ensuing Annual General Meeting (AGM). Further, based on the recommendation of Audit Committee, the Board of SDEL has recommended the appointment of M/s. MSKC & Associates LLP, Chartered Accountants, a member firm of BDO International (Firm Registration No.: 001595S/S000168), as Statutory Auditors, to audit the books of accounts of SDEL, for a term of five (5) consecutive years who shall hold office from the conclusion of 07th AGM of SDEL till the conclusion of 12th AGM to be held in the year 2031, subject to approval of Members of SDEL at the ensuing AGM. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed herewith as Annexure I. The aforesaid information was received from SDEL today at 03:50 P.M. We request you to take the same on your record. Thanking you, Yours faithfully, For KPI Green Energy Limited Krunal Bhatt Company Secretary & Compliance Officer Encl.: a/a ANNEXURE I Details under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026 a) Resignation of Statutory Auditor of Material Subsidiary of the Company: Sr. Particulars Details 1. Name of the Material Subsidiary Sun Drops Energia Limited (“SDEL”) 2. Name of the Statutory Auditors M/s. K A Sanghavi & Co LLP, Chartered Accountant, (Firm Registration No. 0120846W/W100289) 3. Reason for change viz. appointment, Resignation of the Statutory Auditor vide its reappointment, resignation, removal, letter dated September 02, 2026. death or otherwise; 4. Date of appointment/ re-appointment September 02, 2026 /cessation (as applicable) & term of appointment/ re-appointment; 5. Brief profile (in case of appointment); Not Applicable 6. Disclosure of relationships between Not Applicable directors (in case of appointment of a director). b) Appointment of Statutory Auditor of Material Subsidiary of the Company: Sr. Particulars Details 1. Name of the Statutory Auditors; M/s. MSKC & Associates LLP, Chartered Accountant, (Firm Registration No. 001595S/S000168) 2. Reason for change viz. appointment, Appointment to fill casual vacancy caused due reappointment, resignation, removal, to resignation of M/s. K A Sanghavi & Co LLP, death or otherwise; Chartered Accountants. Further, appointment as Statutory Auditors for a term of five (5) consecutive years, subject to the approval of the members of SDEL at the ensuing Annual General Meeting. 3. Date of appointment/ re-appointment 1. Based on the recommendation of the /cessation (as applicable) & term of Audit Committee, the Board of Directors appointment/ re-appointment; of SDEL, approved the appointment of M/s. MSKC & Associates LLP, Chartered Accountants, Firm Registration No. 001595S/S000168, as the Statutory Auditors of the Company, to fill the casual vacancy, with effect from September 02, 2026 to hold office till the date of ensuing Annual General Meeting of SDEL. 2. Appointment as Statutory Auditors of SDEL for a term of five (5) consecutive years i.e. to hold office from the conclusion of 07th Annual General Meeting (“AGM”) of SDEL till the conclusion of 12th AGM to be held in the year 2031, subject to approval of Members of SDEL in ensuing AGM 4. Brief profile (in case of appointment); MSKC & Associates LLP, a member firm of BDO International, is a Chartered Accountants firm (Registration No. 001595S/S000168). Established in 1974, the firm is registered with the Institute of Chartered Accountants of India (ICAI) and has a strong presence across seven major Indian cities: Chennai, Mumbai, Bengaluru, Hyderabad, Gurugram, Pune, and Kolkata. The firm also holds a valid Peer Review Certificate issued by ICAI. The firm primarily provides audit and assurance services to a diverse client base. Its Audit & Assurance practice possesses extensive experience across a wide range of industries, markets, and geographies, enabling it to deliver high-quality professional services and industry- focused insights. 5. Disclosure of relationships between Not Applicable directors (in case of appointment of a director). ANNEXURE II INDIA K A SANGHAVI & CO LLP CHARTERED ACCOUNTANTS September 02, 2026 LLPIN : AAM - 3049 The Board of Directors, SUN DROPS ENERGIA LIMITED (Formerly known as Sun Drops Energia Private Limited), KP house, Near KP Circle, Opp. Ishwar Farm Junction BRTS, Canal Road, Bhatar, Surat 395017, Gujarat, India. Subject: Resignation as Statutory Auditor of Sun Drops Energia Limited (Formerly known as Sun Drops Energia Private Limited) (the Company) Dear Sirs, We, M/s. K A SANGHAVI & CO LLP, Chartered Accountant, (Firm Registration No. 0120846W/W100289), were re-appointed as the Statutory Auditors of Sun Drops Energia Limited (Formerly known as Sun Drops Energia Private Limited) (CIN: U40107GJ2019PLC108373) (‘the Company’), pursuant to shareholders resolution passed dated September 30, 2025 to hold office fora period of 5 (five) years from the conclusion of 6" Annual General Meeting till the conclusion of 11" Annual General Meeting of the Company to be held in the year 2030. We refer to our ongoing discussions in connection with our continuation as Statutory Auditors of the Company. As per discussions, management intends to align Statutory Auditors of the Company with the statutory auditors of KPI Green Energy Limited, the holding company. We are retiring as the Statutory Auditors of KPI Green Energy Limited upon completion of our second term and are not eligible for re-appointment. Accordingly, in view of the aforesaid alignment, we hereby tender our resigna [Showing first 8,000 characters — download PDF for full document]