Disclosure under Regulation 30 of the SEBI (LODR) Regulations 2015

Public October 15, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor No. 25, PJ Towers, Bandra (E) Mumbai- 400051 Dalal Street Mumbai- 400001 Trading Symbol: “SOLARINDS” Scrip Code: 532725 Through NEAPS Through BSE Listing Centre Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”) read with Part A of Schedule III of Listing Regulations, Solar Industries India Limited (the " Company ") hereby informs that Solar Explochem Limited (“Acquirer"), a wholly owned subsidiary of the Company, have entered into a Share Purchase Agreement with Sivasakthi Industrial Explosives Private Limited (" Sivasakthi ") on October 15, 2026, for proposed acquisition of 100% of the issued and paid -up equity share capital of Sivasakthi, subject to the terms and conditions as may be mutually agreed by the parties. The details required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025 -CFD-POD2/I/3762/2026 dated January 30, 2026, are provided in Annexure - A. Yours Truly, For Solar Industries India Limited Khushboo Pasari Company Secretary & Compliance Officer Public Annexure - A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Sr. Details of events that need to be Information of such event(s) No. provided 1. Name of the target entity, details in 1. Name of the Target Entity: brief such as size, turnover etc. Sivasakthi Industrial Explosives Private Limited ("Sivasakthi "), is a private Company incorporated in 2008 in India. 2. Details of the Target Entity: Sivasakthi is engaged in the manufacture, production, processing, retailing, wholesaling, supply, distribution, and trading of all types of explosives for industrial mining and other purposes. 3. Turnover for the FY 2025 -26: Nil 2. Whether the acquisition would fall No, the transaction is not a related party transaction, within related party transaction(s) and the promoter/ promoter group does not have any and whether the promoter/promoter interest in the entity whose securities are being group/ group companies have any acquired. interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” Public 3. Industry to which the entity being Explosives Industry acquired belongs 4. Objects and effects of acquisition Business Expansion (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion Within a period of 12 Months of the acquisition 7. Nature of consideration - whether Cash consideration Cash consideration or share swap and details of the same 8. Cost of acquisition or the price at Total consideration value of ₹ 115.02 crores. which the shares are acquired 9. Percentage of shareholding/ control Solar Explochem Limited , wholly owned subsidiary acquired and /or Number of shares of the Solar Industries India Limited has agreed to acquired acquire 100% of the issued and paid -up share capital of Sivasakthi. Public 10. Brief background about the entity Sivasakthi is engaged in the manufacture, production, acquired in terms of products/ line of processing, retailing, wholesaling, supply, distribution, business acquired date of and trading of all types of explosives for industrial incorporation, history of last 3 years mining and other purposes. turnover, country in which the acquired entity has presence and any The turnover of Sivasakthi is mentioned below: other significant information (in brief) FY Amount (in Rupees) 2025-26 Nil 2024-25 34,99,675.00 2023-24 1,26,11,375.00 ***** Public