Shareholders meeting

Date: 08-09-2026 To, To The General Manager, National Stock Exchange of India Limited BSE Limited Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai- 400051 Scrip Code 532788 SYMBOL: XLENERGY. Subject: Notice of the 39th Annual General Meeting (‘AGM’) of the Company for the FY 2025-26. Dear Sir/Madam, This is to inform that the 39th Annual General Meeting (‘AGM’) of the members of the Company will be held on Wednesday, September 30, 2026 at 4:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in accordance with applicable circulars issued by Ministry of Corporate Affairs ("MCA") and SEBI. Pursuant to Regulation 30 and 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed herewith a copy of Notice of the 39th Annual General Meeting of the Company The Company will provide to its members the facility to cast their vote(s) on all resolutions set out in the Notice by electronic means (‘e-voting’). The detailed process to join meeting through VC / OAVM and e-voting, are set out in Notice of the AGM. Further, the Company has fixed 23rd September, 2026 as the “Cut-Off Date” for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM. The remote e-voting period commences on Saturday, 26th September, 2026 9.00 A.M. (IST) and ends on Tuesday, 29th September, 2026 5.00 P.M. (IST). During the period, members holding shares either in physical form or in dematerialized form, as on Wednesday, 23rd September 2026 i.e., Cut-off date, may cast their vote electronically. Those members, who are attending the AGM and have not cast their vote on the Resolutions through remote e-voting, shall be eligible to vote at the meeting. XL ENERGY LIMITED CIN No: U31300TG1985PLC005844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003, Tel – 040-27710751 Corp address: Office No.2, 1st Floor, 7 Homji Street, Rahimtoola House, Fort, Mumbai – 400 001. E-mail: xlenergy85@gmail.com Phone: +91 7666540600 The Register of Members and the Share Transfer books of the Company will remain closed from Thursday, 24th September, 2026 to Wednesday, 30th September, 2026 (both days inclusive). Key information: Cut-off Date Wednesday, September 23, 2026 Day, Date and time of commencement of Saturday, September 26, 2026 at 9:00 a.m. remote e-Voting Day, Date and time of end of remote e- Tuesday, September 29, 2026 at 5:00 p.m. Voting Annual General Meeting Wednesday, 30th September, 2026 at 04:00 p.m. Kindly acknowledge and take on record the same. Thanking You. FOR XL ENERGY LIMITED Naresh Jain Director (DIN: 00291963) XL ENERGY LIMITED CIN No: U31300TG1985PLC005844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003, Tel – 040-27710751 Corp address: Office No.2, 1st Floor, 7 Homji Street, Rahimtoola House, Fort, Mumbai – 400 001. E-mail: xlenergy85@gmail.com Phone: +91 7666540600 XL ENERGY LIMITED CIN: U31300TG1985PLC005844 Add: Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003. Email: xlenergy85@gmail.com Website: www.xlenergy.co NOTICE OF 39th ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 39TH ANNUAL GENERAL MEETING OF THE MEMBERS OF XL ENERGY LIMITED WILL BE HELD ON WEDNESDAY, 30TH DAY OF SEPTEMBER, 2026 AT 04:00 P.M (I.S.T) THROUGH VIDEO CONFERENCING (“VC”) OR OTHER AUDIO-VISUAL MEANS (“OAVM”) FACILITY TO TRANSACT THE FOLLOWING BUSINESS: BACKGROUND The Corporate Insolvency Resolution Process (“CIRP”) of XL Energy Limited (“Corporate Debtor”/ “Company”), was initiated by M/s Invent Assets Securitization and Reconstruction Pvt Ltd. (Financial Creditor), pursuant to Company Petition - CP(IB) No. 16/7/HDB/2023 under the provisions of section 7 of Insolvency Bankruptcy Code, 2016 (“the Code”) read with the rules and regulations framed thereunder. The Hon’ble National Company Law Tribunal (“NCLT”), Hyderabad Bench, vide an order dated 27th March, 2023 (Insolvency Commencement Date), directed commencement of CIRP of the company and Mr. Vijay P Lulla, having IBBI Reg. No. as IBBI/IPA-001/IP-P00323/2017- 18/10593, was appointed as Interim Resolution Professional (“IRP”) and subsequently confirmed as Resolution Professional (“RP”) in the first meeting of Committee of Creditors (“CoC”) held on 02nd May,2023. The Hon’ble NCLT, Hyderabad Bench, approved the Resolution Plan submitted by the Consortium comprising Ms. Karishma Jain; M/s Jupiter City Developers (I) Limited & M/s Adwaita Navigations Private Limited (“Successful Resolution Applicant (SRA)”) vide order dated 19th April, 2024, passed in IA No. 5 of 2024 in CP (IB) No. 16/2023. Status of Resolution Plan Implementation, Re-listing Directions and Listing Compliance A Monitoring Committee, comprising the Resolution Applicant, RP and representative of the Committee of Creditors, continued to supervise and monitor the implementation during the year. Subsequent to successful conclusion of the CIRP in 2024, the Hon’ble NCLT, Hyderabad Bench, vide its order dated 02.05.2025 in IA filed by SRA seeking reliefs in IA no IA (IBC)/1726/2024, directed the relisting of the equity shares of the Company on the stock exchanges. Further, vide order dated 2nd May 2025 in IA no IA (IBC)/1726/2024, the Hon’ble NCLT directed the re-listing of the equity shares of the Company on the stock exchanges. Pursuant to the said order, stock exchanges- NSE and BSE changed the status of the Company from ‘delisted’ to suspended’ with effect 28th May 2025. However, the National Stock Exchange of India Limited (“NSE”) filed an appeal against the NCLT directions and order dated 2nd May 2025. Vide order dated 23 June 2025, the Hon’ble NCLAT directed continuation of actions as per the operative portion of the impugned order. Subsequently, National Stock Exchange of India Limited (“NSE”) preferred Civil Appeal No. 9667 of 2025 before the Hon’ble Supreme Court of India challenging the said order dated 23 June 2025. The Hon’ble Supreme Court, while disposing of the appeal, observed that it would not make any observations at this stage and directed that subject to the final outcome of the main appeal pending before the Hon’ble NCLAT, relisting of the Company shall not be carried out. Accordingly, the appeal was disposed of. In view of the appeal pending before the Hon’ble NCLAT, the process relating to re-listing of the Company’s equity shares and the consequential recognition/giving effect to the capital restructuring by the Stock Exchanges and Depositories remained pending as at 31 March 2026. The Company had, however, undertaken the requisite corporate actions and filings with the Registrar of Companies in relation to the capital restructuring contemplated under the Approved Resolution Plan. The consequential actions relating to Stock Exchange approvals, depository corporate actions and re-listing remained subject to regulatory approvals and the outcome of the pending appeal. Management, together with the Monitoring Committee and Resolution Applicant, continues to work towards completing the remaining compliances and giving full effect to the Resolution Plan, subject to regulatory approvals and the outcome of the pending appeal. ORDINARY BUSINESS 1. ADOPTION OF ACCOUNTS: To receive, consider and adopt the Audited Financial statement of the Company for the year ended 31st March, 2026 including reports of the Board of Directors and Auditors thereon, and in this regard, if thought fit, pass the following resolution as Ordinary Resolution: “RESOLVED THAT the audited financial statement of the Company for the financial year ended March 31, 2026 including reports of the Board of directors and Auditors thereon, as circulated to the memb [Showing first 8,000 characters — download PDF for full document]