BSECompany Update2d ago · 22 Sept 2026, 08:12 pm

Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 - Incorporation of step down subsidiary in Arab Republic of Egypt

CLN Energy Ltd · 544347

✦ AI SummaryJoint Venture

CLN Energy Ltd has incorporated a step-down subsidiary in the Arab Republic of Egypt, CLN Energy Solutions, with an investment of USD 2 million and AED/Egyptian pound 100 million.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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CLN Energy Ltd - 544347 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Incorporation Of Step Down Subsidiary In Arab Republic Of Egypt

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September 22, 2026 BSE Limited Listing Department P.J. Towers, Dalal Street Fort, Mumbai - 400 001. Scrip code: 544347 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Incorporation of Step- down Subsidiary of the Company Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has duly completed the incorporation of a Step-down Subsidiary of Company in Arab Republic of Egypt in the name and style of “C L N Energy Solutions.” The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 as amended, enclosed herewith in Annexure A. Kindly take the above on record. Thanking You. For CLN Energy Limited Bhavika Mundra Company Secretary & Compliance Officer Annexure A (The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 as amended) Sr. Particulars Details 1 Name of the target entity, details in brief Name of the target Company: such as size, turnover etc. CLN Energy Solutions (“the Company”) Amount invested: USD 2 million AED/Egyptian pound: 100 million Size/Turnover: Not applicable. 2 Whether the acquisition would fall within CLN Energy Solutions is promoted by C L N General related party transaction(s) and whether the Trading L.L.C, wholly-owned subsidiary of Company promoter/ promoter group/ group and step-down subsidiary of Company, therefore, it is a companies have any interest in the entity related party of CLN Energy Limited. being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. 3 Industry to which the entity being acquired Assembly of lithium battery / chemical sector belongs. 4 Objects and impact of acquisition The acquisition of CLN Energy Solutions, a step-down (including but not limited to, disclosure of subsidiary of CLN Limited, is aligned with the reasons for acquisition of target entity, if its Company’s main business objectives and is intended to business is outside the main line of strengthen its presence in the energy solutions sector. business of the listed entity) The entity will support the manufacturing of lithium-ion batteries across Egypt, thereby facilitating operational synergies and future business growth. 5 Brief details of any governmental or Not applicable regulatory approvals required for the acquisition. 6 Indicative time period for completion of the Not applicable acquisition. 7 Consideration -whether cash consideration Cash Consideration or share swap or any other form and details of the same; 8 Cost of acquisition or the price at which the Amount invested: USD 2 million shares are acquired. AED/Egyptian pound: 100 million 9 Percentage of shareholding / control 99% shares subscribed by C L N General Trading L.L.C acquired and / or number of shares Dubai (UAE)+ 1% by Mr. Rajiv Seth acquired. 10 Brief background about the entity acquired Product/line of Business: Assembly of lithium battery in terms of products/line of business acquired, date of incorporation, history of Date of Incorporation: 22.09.2026 last 3 years turnover, country in which the History/Turnover: Not applicable acquired entity has presence and any other Country of Incorporation: Arab Republic of Egypt significant information (in brief);