Shareholders meeting

September 22, 2026 National Stock Exchange of India Limited Bombay Stock Exchange Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400051 Mumbai – 400001 SYMBOL: SOLEX Scrip Code: 544862 Subject: Proceedings of 12th Annual General Meeting held on September 22, 2026. Dear Sir, In terms of Regulation 30 Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 12th Annual General Meeting of the Company was held on Tuesday, 22nd September 2026 through Video Conferencing ("VC")/ Other Audio-Visual Means ("OAVM") and the business was transacted thereat as per the Notice of the 12th Annual General Meeting of the Company. In this connection, please find enclosed the summary of the proceedings of the 12th Annual General Meeting of the Company. You are requested to kindly take the above information into your records. Thanking You. Yours faithfully, For, Solex Energy Limited Azmin Chiniwala Company Secretary & Compliance Officer Mem No. A68339 Encl: Proceedings of 12th Annual General Meeting held on September 22, 2026 SUMMARY OF PROCEEDINGS OF THE 12TH ANNUAL GENERAL MEETING The 12th Annual General Meeting of Solex Energy Limited (the company) was held on Tuesday, 22nd September 2026 through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”). The meeting was held in compliance with the Circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. The Meeting commenced at 12:30 P.M (IST) and concluded at 12:51 P.M (IST). Dr. Chetan Shah, Chairman and Managing Director, chaired the meeting conducted through Video Conference. Ms. Azmin Chiniwala, Company Secretary further informed that quorum of Members, as required under the law, was present. The company had taken requisite steps to enable members to participate and vote on the items specified in the Notice of the AGM. She further informed that Notice of 12th AGM and Annual Report for the Financial Year 2025-26 were sent by e-mail to the members whose e-mail address were registered with the company or Depository Participant(s). Those members who had not registered their e-mail address with the company, could access the Annual Report through company’s website. A Physcial Letter in compliance with the Regulation 36 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been dispatch to those shareholders whose e-mail address were not registered with the Company / Registrar and Share Transfer Agent. The Company Secretary informed the Members that as per the Companies Act, 2013 read with the Rules made thereunder and Regulation 44 of the SEBI (LODR) Regulations, 2015, the Company had provided remote e-voting facility through NSDL to all the Shareholders. The remote e-voting commenced from 19th September 2026 (9:00 AM IST) and concluded on 21st September 2026 (5:00 PM IST) for voting on all business items mentioned in the Notice of the AGM. She further stated that only those Members present in the AGM through VC/OAVM, and who has not exercised their voting rights through remote e-voting can exercise their voting rights through the e-voting system during the AGM. The Chairman informed the Members that the Report of the Board of Directors, the Financial Statements for the Financial Year ended on March 31, 2026 and the Notice convening the 12th AGM were taken as read as the same had already been circulated to the members. Thereafter, the following resolution as set out in the Notice convening the 12th Annual General Meeting were taken up. Sr. No. Particulars Type of Resolution ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Consolidated and Ordinary Resolution Standalone Financial Statements of the Company for the Financial Year ended on 31st March, 2026 together with the Reports of the Auditors and the Board thereon 2. To declare a Final Dividend of Rs. 0.55 per Equity Shares of Ordinary Resolution fully paid-up face value of Rs. 10/- each for the financial year 31st March, 2026. 3. To appoint a director in place of Dr. Chetan Shah (DIN: Ordinary Resolution 02253886) who retires by rotation and being eligible offers himself for re-appointment. 4. To appoint a director in place of Mr. Kalpesh Patel (DIN: Ordinary Resolution 01066992) who retires by rotation and being eligible offers himself for re-appointment. SPECIAL BUSINESS 5. Appointment of Cost Auditor and Ratification of Remuneration Ordinary Resolution of Cost Auditor payable for the Financial Year 2025-26 6. Revision in Remuneration of Dr. Chetan Shah (DIN: 02253886), Special Resolution Chairman and Managing Director of the Company 7. Re-appointment of Dr. Chetan Shah (DIN: 02253886) as a Special Resolution Chairman and Managing Director of the Company 8. Re-appointment of Mr. Piyush Chandak (DIN: 09195922) as a Special Resolution Whole-time Director of the Company 9. To approve grant of inter-corporate loans, guarantees or Special Resolution securities under section 185 of the Companies Act, 2013 10. To approve making of loans, investments, guarantees and Special Resolution securities under Section 186 of the Companies Act, 2013 to Solex Green Energy Private Limited 11. To approve making of loans, investments, guarantees and Special Resolution securities under Section 186 of the Companies Act, 2013 to Solex New Energy Private Limited 12. To approve material related party transaction(s) with the Special Resolution subsidiary company 13. To Increase the Borrowing Limits under Section 180(1)(c) of Special Resolution the Companies Act, 2013 As mentioned in the notice, the resolutions were put to vote through remote e-voting and e-voting during the AGM. The Company Secretary also informed the Members that the company had appointed M/s RPSS & Co., Company Secretaries, Ahmedabad as the scrutinizer to scrutinize the voting through electronic means (i.e. remote e-voting and voting at the meeting by using an electronic system) in a fair and transparent manner. The Company Secretary informed the Members that the results of e-voting along with the consolidated Scrutinizer’s Report shall be disseminated to the Stock Exchanges and also be placed on the website of the Company and NSDL, the authorized agency provided for e-voting facility. Post completion of the Annual General Meeting, after scrutiny of votes, the Scrutinizer will submit their Report to the Company. The company Secretary then concluded the meeting and informed the members that the e-voting process would continue till 13:06 P.M and will be disabled automatically. Yours sincerely, For, Solex Energy Limited Azmin Chiniwala Company Secretary & Compliance Officer Mem No. A68339