KPI Green Energy Limited has informed the exchange about Incorporation of Step-Down Subsidiaries. The disclosure is attached herewith.

KPI/MAT/OCT/2026/850 Date: October 26, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400051 Scrip Code: 542323 Symbol: KPIGREEN Sub.: Intimation of Incorporation of Step-Down Subsidiaries Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/Madam, With reference to the captioned subject and pursuant to SEBI Listing Regulations, we wish to inform you that Sun Drops Energia Limited (“SDEL”), a subsidiary of the KPI Green Energy Limited (‘the Company’), has incorporated two wholly owned subsidiaries in the name of “KPGC Four Private Limited” (“KPGC Four”) and “KPGC Five Private Limited” (“KPGC Five”) on October 26, 2026. Consequent to the aforesaid Incorporation, KPGC Four and KPGE Five has become step-down subsidiaries of the Company, in accordance with the applicable provisions of the Companies Act, 2013. The aforesaid information was received from SDEL today at 5:00 p.m. The information pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure A. This is for your information and records. Thanking you, Yours faithfully, For KPI Green Energy Limited Krunal Bhatt Company Secretary & Compliance Officer Annexure A The details as required under Regulation 30 of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as under: Sr. Particulars Details a) Name of the target entity, details in KPGC Four Private Limited (‘KPGC Four’) brief such as size, turnover etc. KPGC Five Private Limited (‘KPGC Five’) Authorized Capital: Rs. 1,00,000/- (10,000 Equity Shares of ₹ 10/- each) for each company Subscribed Capital: Rs. 1,00,000/- (10,000 Equity Shares of ₹ 10/- each) for each company Turnover: Nil (as both companies are yet to commence business operations) b) Name of holding company of the Holding Company: Sun Drops Energia Limited incorporated company and relation (‘SDEL’) with the listed entity Relation with Listed Entity: Step-Down Subsidiary c) Whether the acquisition would fall Not Applicable within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. d) Industry to which the entity being Renewable Energy acquired belongs. e) Objects and impact of acquisition Both companies have been incorporated with the (including but not limited to, object of generating, storing, transmitting, disclosure of reasons for acquisition distributing, purchasing, selling and supplying of target entity, if its business is electricity and other forms of energy from outside the main line of business of conventional and renewable sources, including the listed entity). solar, wind, hydro, biomass and thermal energy, and of establishing, owning, developing, operating and maintaining power plants and energy storage systems, and undertaking activities incidental thereto. f) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. g) Indicative time period for Not Applicable completion of the acquisition h) Consideration - whether cash Cash consideration consideration or share swap and details of the same; i) Cost of acquisition or the price at Rs. 1,00,000/- (Rupees One Lakh Only) for each which the shares are acquired; company j) Percentage of shareholding / control 100% of the shareholding of KPGC Four and KPGC acquired and / or number of shares Five is held by SDEL. acquired; k) Brief background about the entity Both KPGC Four and KPGC Five are Private acquired in terms of products/line of Companies incorporated on October 26, 2026 and business acquired, date of registered with Registrar of Companies, incorporation, history of last 3 years Ahmedabad. turnover, country in which the acquired entity has presence and Turnover – Not applicable, as both companies are any other significant information (in yet to commence business operations. brief); Country in which the acquired entity has presence: India