Disclosure of material issue

Date - 21st September, 2026 The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Fax : 02222722037 Fax : 02226598237/38 Email : corp.relations@bseindia.com Email : cmlist@nse.co.in Scrip Code: 533301 Scrip Symbol: SHEKHAWATI Dear Sir / Madam, Subject: Outcome of Board Meeting through circular resolution and Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) . With reference to the above subject and Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement), Regulation 2015 the Board of Directors through circular resolution passed in meeting held on 21st September, 2026 inter alia has considered and approved the following : The Board has discussed and approved subscribing as a partner in the proposed Shekhawati New Energy LLP, with an investment exceeding 5% and up to 69%. We have enclosed herewith the details required under Regulation 30 read with Para A (1) of Part A of Schedule III of the SEBI Listing Regulations and the SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as Annexure - A. Kindly take the same on record. Thanking you, Yours faithfully, For Shekhawati Industries Limited Meena Ashish Agal CFO, Company Secretary & Compliance Officer ACS : 24196 Encl : as above SHEKHAWATI INDUSTRIES LIMITED (Formerly Shekhawati Poly-Yarn Limited) Registered Office : Express Zone, ‘A’ Wing, 11th Floor, CIN : L68200MH1990PLC435549 Unit No. 1102/1103, Phone : +91 22 4450 0790 / 4961 7255 Near Patel Vatika, Off Western Express Highway, Email : info@shekhawatiind.com Malad (E), Mumbai-400 097. Maharashtra, India. Website : www.shekhawatiind.com Annexure A Disclosure under Regulation 30 read with Para A (1) of Part A of Schedule III of the Listing Regulations and the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Sr. No. Disclosure Particulars of Disclosure 1 Name of the target entity, details in Incorporated - Shekhawati New Energy LLP brief such as size, turnover etc. 2 Whether the investment would fall Yes, within related party transaction(s) Investment having entities in which Directors are and whether the promoter/ promoter common group/ group companies have any interest in the entity being invested? The transaction falls within the ambit of related If yes, nature of interest and details party transactions and is at arms’ length thereof and whether the same is done at “arm’s length” 3 Industry to which the entity being Mega Solar /Green Energy investment made 4 Objects and impact of investment To create synergy for operational expertise and (including but not limited to, specialized knowledge of both partners to enhance disclosure of reasons for investment project execution, innovation, and quality, which of target entity, if its business is have positive impact on Company’s business. outside the main line of business of the listed entity) 5 Brief details of any governmental or Not applicable regulatory approvals required for the investment 6 Indicative time period for Post incorporation of LLP. completion of the investment 7 Consideration - whether cash Cash consideration. consideration or share swap or any other form and details of the same SHEKHAWATI INDUSTRIES LIMITED (Formerly Shekhawati Poly-Yarn Limited) Registered Office : Express Zone, ‘A’ Wing, 11th Floor, CIN : L68200MH1990PLC435549 Unit No. 1102/1103, Phone : +91 22 4450 0790 / 4961 7255 Near Patel Vatika, Off Western Express Highway, Email : info@shekhawatiind.com Malad (E), Mumbai-400 097. Maharashtra, India. Website : www.shekhawatiind.com 8 Investment and/or the price at which Investment upto 69% of the proposed target LLP the shares are acquired 9 Percentage of shareholding / control Upto 69% of shareholding/control of the proposed acquired and / or number of shares target LLP acquired 10 Brief background about the entity The proposed Shekhawati New Energy LLP will acquired in terms of products/line of be a professional renewable energy company business acquired, date of specializing in the development, generation, and incorporation, history of last 3 years management of solar energy and other green turnover, country in which the energy solutions. Established with a commitment acquired entity has presence and any to sustainability, innovation, and excellence, the other significant information (in LLP will focus on developing reliable, efficient, brief) and environmentally responsible energy projects. With a skilled team and a forward-looking approach, the LLP aims to contribute to India’s transition towards clean and sustainable energy while creating long-term value for its stakeholders. SHEKHAWATI INDUSTRIES LIMITED (Formerly Shekhawati Poly-Yarn Limited) Registered Office : Express Zone, ‘A’ Wing, 11th Floor, CIN : L68200MH1990PLC435549 Unit No. 1102/1103, Phone : +91 22 4450 0790 / 4961 7255 Near Patel Vatika, Off Western Express Highway, Email : info@shekhawatiind.com Malad (E), Mumbai-400 097. Maharashtra, India. Website : www.shekhawatiind.com