ESOP/ESOS/ESPS

28th September, 2026 To, To, The Manager, The Manager, Lis(cid:415)ng Department Lis(cid:415)ng Department BSE Limited Na(cid:415)onal Stock Exchange of India Limited Floor 25, P J Towers, ‘Exchange Plaza’ C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code: 543620 NSE Symbol: INA Subject: Grant of Op(cid:415)ons to the Eligible Employees under – Insola(cid:415)on Energy Employee Stock Op(cid:415)on Plan 2024 (“ESOP 2024”/“Plan”) Dear Sir/Madam, Pursuant to Regula(cid:415)on 30 read with Schedule III of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, as amended, this is to inform that the Nomina(cid:415)on and Remunera(cid:415)on Commi(cid:425)ee of the board of directors of the Company at its mee(cid:415)ng held on 28th September, 2026 has approved the grant of 1,06,500 (One Lakh Six Thousand Five Hundred Only) op(cid:415)ons pursuant to the Insola(cid:415)on Energy Employee Stock Op(cid:415)on Plan 2024 (“ESOP 2024”/“Plan”) at the exercise price of Rs. 3.80/- (Three rupees and eighty paise Only) to the eligible employees of the Company and its subsidiary, associate, group companies. The detailed disclosure as required under Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 is enclosed as Annexure - A. Kindly take the same on your records. Thanking You, For and on behalf of Insola(cid:415)on Energy Limited Nitesh Sharma Company Secretary & Compliance Officer ACS: 66702 Encl: As above Annexure -A Disclosure in terms of Regula(cid:415)on 30 of the SEBI Lis(cid:415)ng Regula(cid:415)ons, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 S. No. Par(cid:415)culars Details 1 Brief details of op(cid:415)ons granted Op(cid:415)ons granted pursuant to ESOP Scheme to mo(cid:415)vate employees, who are consistently performing well, and to give them an opportunity to par(cid:415)cipate and gain from the Company's performance, thereby, ac(cid:415)ng as a reten(cid:415)on tool as well as to align the efforts of such talent towards long term value crea(cid:415)on in the organiza(cid:415)on and to a(cid:425)ract new talent. 2 Whether the scheme is in term of Insola(cid:415)on Energy Employee Stock Op(cid:415)on Plan 2024 SEBI (SBEB) Regula(cid:415)ons, 2021 (if (“ESOP 2024”/Plan”) is in compliance with the SEBI applicable) (SBEB) Regula(cid:415)ons, 2021. 3 Total number of shares covered by 1,06,500 (One Lakh Six Thousand Five Hundred Only), these op(cid:415)ons op(cid:415)ons in tranche 9 out of the Total Grant of 20,00,000 (Twenty Lacs) op(cid:415)ons. These Op(cid:415)ons granted to the eligible employees of the Company and its subsidiary/ associate/ group companies in one or more tranches. Each op(cid:415)on having a face value of Re. 1/- each. 4 Pricing formula The aforesaid Op(cid:415)ons have been granted at an exercise price of Rs. 3.8/- per op(cid:415)on. 5 Op(cid:415)ons vested Ves(cid:415)ng period of op(cid:415)ons granted under ESOP 2024 shall commence from the Grant date and shall be minimum of 1 (One) year from the Grant date, and it may extend up to maximum of 5 (Five) years from the Grant date, at the discre(cid:415)on of and in the manner prescribed by the Commi(cid:425)ee. The Ves(cid:415)ng Schedule, Ves(cid:415)ng Percentage and Other Ves(cid:415)ng Condi(cid:415)ons shall be communicated by the Commi(cid:425)ee to the Grantees in the Grant Le(cid:425)er of respec(cid:415)ve Grantees, subject to minimum and maximum Ves(cid:415)ng Period as men(cid:415)oned above. 6 Time within which op(cid:415)on may be The Exercise period would commence from the date of exercised ves(cid:415)ng and will expire on comple(cid:415)on of 18 (eighteen) months from the date of ves(cid:415)ng of op(cid:415)ons. 7 Op(cid:415)ons exercised Will be in(cid:415)mated to the regulatories when the op(cid:415)ons are exercised. 8 Money realized by exercise of Will be in(cid:415)mated to the regulatories at the (cid:415)me of op(cid:415)ons exercise of op(cid:415)ons. 9 The total number of shares arising Will be in(cid:415)mated to the regulatories at the (cid:415)me of as a result of exercise of op(cid:415)on exercise of op(cid:415)ons. 10 Op(cid:415)ons lapsed Will be in(cid:415)mated to the regulatories at the (cid:415)me of exercise of op(cid:415)ons. 11 Varia(cid:415)on of terms of op(cid:415)ons The employee stock op(cid:415)ons granted shall be governed by the terms provided under the scheme i.e., Insola(cid:415)on Energy Employee Stock Op(cid:415)on Plan 2024 (“ESOP 2024”/“Plan”). The Board may if it deems necessary or desirable, vary the terms of the Scheme, subject to the Applicable Laws. 12 Brief details of significant terms Under the Insola(cid:415)on Energy Employee Stock Op(cid:415)on Plan 2024 (“ESOP 2024”/“Plan”), eligible employees of the Company will be granted ESOPs which can be exercised by such employees upon ves(cid:415)ng a(cid:332)er sa(cid:415)sfying the ves(cid:415)ng condi(cid:415)ons set out by the Nomina(cid:415)on and Remunera(cid:415)on Commi(cid:425)ee/ Compensa(cid:415)on Commi(cid:425)ee. 13 Subsequent changes or N.A. cancella(cid:415)on or exercise of such op(cid:415)ons 14 Diluted earnings per share N.A. pursuant to issue of equity shares on exercise of op(cid:415)ons