Shareholders meeting

CUTL SOLAR =U==l October 21, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (E), Mumbai 400 051 Mumbai 400 001 Maharashtra, India Maharashtra, India Scrip Symbol : UTLSOLAR Scrip Code: 544613 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Dear Madam/ Sir, In continuation to our earlier intimation regarding outcome of board meeting dated October 15, 2026, please find enclosed herewith the copy of Postal Ballot Notice (“Notice”) for seeking approval of Members of the Company through remote e-voting in respect of the following matter: S.NO. Particulars Type of Resolution 1. To consider and approve the raising of funds by way of Qualified Special Resolution Institutions Placement in one or more tranches In compliance with the applicable laws, the Notice is being sent only through electronic mode to all the Members, whose names appear on the register of Members/ list of beneficial owners, as received from the National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) and who have registered their e-mail IDs with Company/Depository Participant(s) (“DP”)/Registrar and Share transfer agent (“RTA”) i.e. MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) (“MUFG’”), as on Thursday, October 15, 2026 ("cut-off date"). The Company has availed MUFG’s e-voting services to enable the Members of the Company to cast their votes. The details of e-voting period are as under: Commencement of e-Voting Friday, October 23, 2026 at 9:00 A.M. End of e-Voting Saturday, November 21, 2026 at 5:00 P.M. The e-voting facility will be disabled by MUFG immediately after 5:00 p.m. (IST) on Saturday, November 21, 2026, and will be disallowed thereafter. The voting rights of the Members shall be in proportion to their share in the paid-up equity share capital of the Company as on the Cut-off date. The Postal Ballot notice will also be available on the website of the Company at https://www.utlsolarfujiyama.com/ Kindly take the same on record. Thanking you, Yours faithfully, For Fujiyama Power Systems Limited (Formerly Fujiyama Power Systems Private Limited) MAYURIGUPTA Mayuri Gupta Company Secretary and Compliance Officer M. No.: A75210 FUJIYAMA pgwgp SYSTEMS LIMITED (Formerly Fujiyama PowerSystems Private Limited) 53A/6.NearNDPLGridOffice.Near.\1ctroStation.IndustrialArea. SalGuru RamSingh .\lark,Delhi- llool5., India CIN- I.31909DL2017PLC326513. CSTNo-07AADCF2634FlZY +91 99683095l4.,9968309517,I".-mail: investorca*»utlsolarfujiyama.com POSTAL BALLOT NOTICE (Pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014) Dear Members, NOTICE is hereby given that pursuant to the provisions of Sections 108, 110 and other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) including any statutory modification(s), clarification(s), substitution(s) or reenactment(s) thereof for the time being in force, read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (the “Rules”) as amended, Secretarial Standard-2 on General Meetings (the “SS-2”) and any other applicable provisions of the Act and the rules made thereunder read with the circulars and guidelines issued by the Ministry of Corporate Affairs (the “MCA”), Government of India, for holding general meetings/conducting postal ballot process through e-voting vide General Circular Nos. 14/2020 dated April 08, 2020, 17/2020 dated April 13, 2020, 20/2020 dated May 5, 2020 and the subsequent Circulars issued in this regard, the latest being 03/2025 dated September 22, 2025 and other relevant and applicable circulars issued by the Ministry of Corporate Affairs (the “MCA Circulars”) and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), and other applicable provisions, if any, of the Listing Regulations, for the time being in force and as amended from time-to-time with SEBI Circular read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 (the “SEBI Circular”) in this regard and any other applicable laws and regulations, to transact the item of special business set out below is proposed to be passed by the Members of Fujiyama Power Systems Limited (Formerly Fujiyama Power Systems Private Limited) (the “Company”) as Special Resolution(s) through postal ballot (the “Postal Ballot”) by way of voting through electronic means (“Remote e- voting”) only. In compliance with the aforesaid provisions/ regulations, the Company is providing only remote e- Voting facility to its members to enable them to cast their votes electronically and physical copy of Postal Ballot Notice along with Postal Ballot Forms and pre-paid business envelope will not be sent to the shareholders. Shareholders are requested to communicate their assent or dissent through the remote e-Voting system only. The Postal Ballot Notice is being sent only by electronic mode to shareholder(s) as on Thursday, October 15, 2026 (“Cut-Off Date”) who have registered their email addresses with the Company/ Registrar and Share Transfer Agent (“RTA”) or Depository/ Depository Participants. The explanatory statement pursuant to Sections 102(1) and 110 of the Act and Regulation 44 of the Listing regulations, setting out the material facts pertaining to the resolution, is appended along with this Notice. Members are requested to follow the procedure as stated under the instructions for casting votes by remote e-Voting which is enclosed. The Company has engaged the services of MUFG Intime India Private Limited as its agency providing remote e- Voting facility to its members. Only members holding shares as on Thursday, October 15, 2026 (the “Cut Off Date”) are entitled to vote under the remote facility offered by the Company, and any other recipient of the Notice who has no voting rights as on cut-off date should treat the Notice for information purpose only. The remote e-voting commences on Friday, October 23, 2026 at 09:00 A.M and ends on Saturday, November 21, 2026 at 05:00 P.M. (including both days). Once the vote is cast by the shareholder, the shareholder will not be able to change it subsequently. Pursuant to Rule 22(5) of the Rules, the Board of Directors of the Company at its meeting held on October 15, 2026 , has appointed Mr. Raghav Bansal (FCS No: 12328, COP No: 14869), proprietor of M/s Raghav Bansal & Associates, Practicing Company Secretaries, (Firm Registration Number: S2015DE314700) to act as the Scrutinizer (the “Scrutinizer”) for conducting the Postal Ballot (conducted through remote e-voting), in a fair and transparent manner. Upon completion of the scrutiny of e-voting, the Scrutinizer will submit his report to the Chairman of the Company, or any person authorized by him. The results of the voting conducted through Postal Ballot along with the Scrutinizer Report will be announced within two working days of the conclusion of remote e-voting. The results of the Postal Ballot will be displayed on the Company’s website, i.e. www.utlsolarfujiyama.com, website of agency i.e. MUFG Intime India Private Limited and also shall be communicated to BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”) where the equity shares of the Company are listed and be made available on their website. The resolutions, if approved by the requisite majority, shall be deemed to be passed on Saturday, November 21, 2026 i.e., the last date specified for receipt of votes through the remote e-voting process. PROPOSED RESOLUTION: SPECIAL BUSINESS: ITEM NO. 1: TO C [Showing first 8,000 characters — download PDF for full document]