Outcome of Board Meeting

October 29, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: GKENERGY Scrip Code BSE- 544525 Dear Sir/Madam, Subject: Outcome of the Board Meeting held on Thursday, October 29, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. Thursday, October 29, 2026 has, inter alia, approved the following: 1. Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026: The Board considered and approved the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026. The said financial results were also reviewed and recommended by the Audit Committee at its meeting held today i.e., Thursday, October 29, 2026. A copy of the said financial results along with the Limited Review Report issued by the Statutory Auditors, Bharat J. Rughani & Co., Chartered Accountants, is enclosed herewith. 2. Reallocation of Unutilised IPO Proceeds from Issue-Related Expenses to General Corporate Purposes subject to the approval of Shareholders of the Company: The Board of Directors, after considering the recommendation of the Audit Committee, approved the reallocation of the unutilised IPO proceeds amounting to Rs. 19.10 million, originally allocated towards Issue-Related Expenses, to General Corporate Purposes (GCP), subject to the approval of the shareholders of the Company and compliance with the terms of the Prospectus dated September 23, 2025, and applicable statutory and regulatory requirements. The details as required under Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, and the SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 (as updated/amended from time to time) are enclosed as Annexure A. 3. Proposed incorporation of wholly owned subsidiaries: The Board of Directors, after considering the recommendation of the Audit Committee, approved the incorporation of a wholly owned subsidiaries of the Company under the provisions of the Companies Act, 2013, under the following proposed names, subject to the approval of the Registrar of Companies (ROC): 1. GK Energy BESS Private Limited 2. GK Energy BESS One Private Limited 3. GK Energy BESS Two Private Limited 4. GK Energy BESS Three Private Limited 5. GK Energy BESS Four Private Limited We will provide further update upon completion of the incorporation of these companies. The details as required under Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Regulations, and the SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 (as updated/amended from time to time) are enclosed as Annexure B The Board Meeting commenced at 10:00 A.M. (IST) and concluded at 11.50 A.M. (IST). The said information will also be uploaded on the Company’s website at www.gkenergy.in. You are requested to take the same on your records. Thanking you, By order of Board of Directors For GK ENERGY LIMITED (Formerly known as GK Energy Private Limited, GK Energy Marketers Private Limited) Shubham Suresh Jain Company Secretary & Compliance Officer Membership No. A76578 Place: Pune Annexure A Particulars Remark 1. Objects mentioned in the Prospectus of the The Objects and the bifurcation of Company dated September 23, 2025 filed with the utilization as mentioned in the BSE, NSE and Registrar of Companies, pursuant Prospectus are provided in Table to the IPO. A. 2. Pursuant to Section 27 of the Companies Act, The proposed objects of the 2013, and subject to the approval from the Company and its bifurcation of members of the Company, the Board of proposed utilization are provided Directors approved the reallocation of in Table B. unutilised IPO proceeds from Issue-Related Expenses to General Corporate Purposes, which was one objects of the IPO of the Company. Table A Objects and bifurcation of the proposed utilization as mentioned in the Prospectus Amount as Amount Balance Sr. Original Object of the mentioned in Utilised Unutilised No Issue Prospectus Amount 1. Issue related expenses 310.57 291.47 19.10 Table B Objects and bifurcation of the proposed utilization as mentioned in the Prospectus Original Object of the Issue Balance Unutilised Amount 1. General Corporate Purposes 19.10 Annexure B Incorporation of Wholly Owned Subsidiaries Particulars Details of the Company 1. Name of the entity, date & country Name of Proposed Companies: of incorporation, etc.;  GK Energy BESS Private Limited  GK Energy BESS One Private Limited  GK Energy BESS Two Private Limited  GK Energy BESS Three Private Limited  GK Energy BESS Four Private Limited (Subject to the approval of the ROC) Date of Incorporation: yet to be incorporated Country of incorporation: India 2. Name of Holding Company of the The proposed companies being incorporated incorporated Company and relation will be wholly owned subsidiaries of GK with the listed entity; Energy Limited. 3. Industry to which the entity being Energy Sector incorporated belongs; 4. Brief background about the entity Proposed objects will be related with the incorporated in terms of products / Energy sector subject to the approval of the line of business; ROC. 5. Brief details of any governmental NA or regulatory approvals required for the incorporation 6. Nature of consideration - whether The holding Company will subscribe the cash consideration or share swap Initial share capital of proposed Companies. and details of the same 7. Cost of subscription / price at The share will be subscribed at their face which the shares are subscribed value. 8. Percentage of shareholding / The proposed companies being incorporated control by the listed entity and / or will be wholly owned subsidiaries (100%) of number of shares allotted GK Energy Limited. -/(\\ Bharat J. Rughani & Co. Chartered Accountants i Tel: +91-22- 49712906 (O: +91-9870/3 908303268490803 Independent Auditor's Review Report on Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026, of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations") The Board of Directors, GK Energy Limited (formerly GK Energy Private Limited; GK Energy Marketers Private Limited) 1. We have reviewed the accompanying statement of unaudited standalone financial results of GK Energy Limited (formerly GK Energy Private Limited; GK Energy Marketers ‘ Private Limited) ("the Company") for the quarter and half year ended September 30, 2026 (the “Statement”), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations™). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Aud [Showing first 8,000 characters — download PDF for full document]