KPI Green Energy Limited submitted the exchange Annual Report of the Company for the financial year 2025-26

KPI/AR-26/SEP/2026/827 Date: September 5, 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.: Submission of Annual Report of the Company for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to Regulation 34(1) and 53(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company along with the Notice of 18th Annual General Meeting and other Statutory Reports for the Financial Year 2025-26, which is being sent through electronic mode to the Members. The Annual Report containing the Notice of 18th Annual General Meeting is also uploaded on the Company's website www.kpigreenenergy.com. Kindly take the same on record. Thanking you, Yours faithfully, For KPI Green Energy Limited Krunal Bhatt Company Secretary & Compliance Officer Encl.: a/a KPI Green Energy Limited Annual Report 2025-26 Delivering the Next Era: Scale, Speed, New Frontiers Delivering the Next Era: Inside the Report For several years, KPI Green Energy has been a Scale, Speed, company preparing for a larger future, aggregating 02- Strategic strategic land parcels suitable for utility-scale 56 Review projects, building power evacuation infrastructure KP Group Vision 2030 02 ahead of need, deepening its execution teams, FY26 Performance New Frontiers and refining a business model in which the CPP Highlights 04 and IPP engines fund and reinforce each other. From Landmark Project to Last year we set the direction, pioneering the next a Growth Engine 06 era of growth in green energy. FY26 was the year Company Profile 08 that preparation came together, and the next era At a Glance 10 moved from intent to delivery. KP Group Profile 12 Delivery showed first in scale. Executed this way, speed converts Journey & Milestones 18 The renewable portfolio crossed order books into cash flows sooner, and Expanding Geographical Footprint 20 6.26 GW including projects under reputation into repeat mandates. commissioning, energised IPP capacity Business Portfolio 22 FY26 was also the year that opened crossed 1 GW at group level, with KPI new frontiers. The Company received Superior Value Proposition 24 Green Energy contributing more than 95% and EBITDA crossed D1,000 crore i tn rate dr i- ns gt a lit ce e na cn ed s i n frt ora m- s Cta Et Re C e ale nc dtr Gic Eity R C The KPI Advantage 26 for the first time in the Company’s respectively, giving it direct access history. Just as telling is what stands Strategies Priorities 28 to India’s power markets through behind these milestones: the Company exchange platforms. It won its first Chairman’s Address 30 today has nearly three times as much utility-scale tenders to for standalone capacity under construction as in Whole-Time Director’s Address 32 battery storage, and a marquee floating operation, which means the platform being built is considerably larger than solar project of 142 MW at Kadana Dam. Key Performance the one already visible. The KP Group also signed a partnership Indicators 34 with the Government of Botswana for Speed gave that scale its value. At nearly 5 GW of renewable capacity and Corporate Governance Khavda, the Company’s largest project won its first international order in the Framework 36 began supplying power, inside one of Gulf. The Company’s project financing, Boards’ Profile 38 the world’s largest renewable energy too, broke new ground, through India’s parks. A hybrid project in Gujarat was first externally credit-enhanced green Our People 40 synchronised about 6 months ahead bond. A company once described of its scheduled completion, and large- by one state and one technology has Corporate Social scale projects are now energised in now transitioned into a clean energy Responsibility 42 phases, so plants begin earning while platform. Management Discussion construction for the balance portion India’s energy transition has entered and Analysis 44 continues. All of this is by design. its decisive decade, and it will reward Land is secured before it is needed, companies that can deliver capacity evacuation infrastructure is erected with speed, across technologies. KPI 57- Statutory before the project is commissioned, Green Energy enters FY27 with all three, 161 Reports and a round-the-clock operations and with the discipline of a platform centre, supported by indigenous built over eighteen years. The next Company Information 57 technology initiatives, keeps every era is no longer a direction. It is under operating asset performing. Notice 58 delivery. Directors’ Report 74 Corporate Governance Find out more online: Report 104 kpigreenenergy.com Business Responsibility & Sustainability Report 128 162- Financial Safe Harbour Statement 326 Statements In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and make informed investment decisions. This report and other statements - written and oral - that we periodically make, contain forward-looking statements that set Standalone Financial out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using Statements 162 words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent Consolidated Financial in assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or Statements 245 uncertainties materialise or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. 2 KPI Green Energy Limited Annual Report 2025-26 Strategic Review Statutory Reports Financial Statements 3 KP GROUP VISION 2030 One number defines our direction: 10 GW by 2030 Everything the KP Group builds points toward a singular goal: more than 10 GW The Group is simultaneously investing in the technologies of renewable energy capacity by 2030, a target the Group is pursuing ahead of that will define the coming decade: battery storage, floating solar, green hydrogen, offshore wind and market-based schedule. The platform behind it is anchored by KPI Green Energy, K.P. Energy, Strategic Growth Drivers energy trading. Execution strength comes from in-house KP Green Engineering and KPI Green Hydrogen & Ammonia, with a combined capabilities, including indigenously developed water-less renewables portfolio exceeding 8.5 GW across solar, wind, hybrid and BESS, and 1 Fully integrated model spanning robotic cleaning solutions, cloud-based control interface, fully cumulative installed green energy capacity of over 2.5 GW as of FY26. project development, EPC and project automatic operations with minimal human intervention, and lifecycle O&M capabilities. latest-generation bifacial modules & smart docking stations. 2 Execution ahead of schedule, demonstrated again in FY26 with a ~92 MWp Hybrid IPP Our Group target of surpassing 10 GW Project synchronised with the grid about 6 months before its scheduled completion. capacity by 2030 remains a central focus, and we are currently ahead of schedule in 3 Domestic expansion anchored by MoUs with delivering this objective. the Governments of Rajasthan, Odisha and Madhya Pradesh, and two Vibrant Gujarat MoUs signed in FY26 covering ~855 MW of projects and a statewide hydrogen and EV fuel-station network. 4 International expansion, led by an MoU with the [Showing first 8,000 characters — download PDF for full document]