Transfer of Equity shares held in ESG Green Energy Private Limited

October 23, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Floor 25, P. J. Towers, “Exchange Plaza”, Dalal Street, C-1, Block G, Bandra – Kurla Complex, Mumbai-400 001. Bandra (E), Mumbai – 400 051. Scrip Code: 532051 Scrip Symbol: SWELECTES Dear Sir / Madam, Sub: Transfer of equity shares held in ESG Green Energy Private Limited Pursuant to the powers conferred by the Board of Directors of the Company, the Investment Committee at its meeting held today i.e., 23rd October 2026, had approved the off-market transfer of 12,78,000 (Twelve Lakhs Seventy Eight Thousand) equity shares at a face value of Rs. 10/- each held in ESG Green Energy Private Limited (Subsidiary Company) to RAMCO INDUSTRIES LIMITED (a proposed group captive consumer in the aforementioned subsidiary company). Post transfer of shares to RAMCO INDUSTRIES LIMITED, the status of ESG Green Energy Private Limited still remains to be the Subsidiary Company of SWELECT ENERGY SYSTEMS LIMITED. We request you to kindly take on record the above compliance. Thanking you, Yours faithfully, For SWELECT ENERGY SYSTEMS LIMITED Arulkumar Pudur Shanmugasundaram CEO & Managing Director DIN: 08371976