NSEUpdates18 Jun 2026 · 18 Jun 2026, 04:18 pm

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Borana Weaves Limited · BORANA

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Borana Weaves Limited has informed the Exchange regarding a delay in the commissioning timelines of the 9.9 MW Hybrid Power Project due to factors outside the control of the project developer, Clean Max Enviro Energy Solutions Limited.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Borana Weaves Limited has informed the Exchange regarding 'Update with respect to the commissioning timelines of the 9.9 MW Hybrid Power Project'.

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BORANA_18062026161836_SE_18062026.pdf

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June 18, 2026 To, To, Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Dalal Street, Bandra East, Mumbai – 400051 Mumbai – 400001 Ref: Borana Weaves Limited NSE Symbol: BORANA ISIN: INE16SF01016 Scrip Code: 544404 Sub: Update with respect to the commissioning timelines of the 9.9 MW Hybrid Power Project Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received a communication dated June 18, 2026 from Clean Max Enviro Energy Solutions Limited, the project developer, regarding the revised commissioning timeline of the 9.9 MW Hybrid Power Project being developed at Kalikanagar, Gujarat. A copy of the said communication is enclosed herewith for the information of the stakeholders. As per the aforesaid communication, the commissioning of the project, which was earlier expected by May 31, 2026, has been delayed and is now tentatively expected to be completed by the end of August 2026. You are requested to take the above on record and disseminate to all concerned. Thanking You, Yours Faithfully, For Borana Weaves Limited Ankur Mangilal Borana Executive Director and Chief Executive Officer DIN: 01091164 Place: Surat Encl.: As above Clean Max™ Clean Max Enviro Energy Solutions Limited (Formerly known as Clean Max Enviro Energy Solutions Private Limited) Mi'l'lli·N■r■w 111¥ 11111 ,.,,,,,. Date: 18-06-2026 Borana Weaves Limited Surat. Sub: Update with respect to the commissioning timelines of the 9.9 MW Hybrid Power Project Dear Sir/Madam, This is to inform you that the commissioning of the 9.9 MW hybrid project at Kalikanagar, Gujarat, earlier expected by 31st May 2026, has been delayed and is now tentatively expected From End of July 2026 to End of Aug'26 due to factors outside our control. The delay events are namely high wind speeds halting WTG erection and shortage of fuel at site, Due to nearby industry Hub unable to get the timely shutdown of existing 33 & 11 KV Line from Private developer & GETCO/PGVCL for 33KV TL Work preventing us from achieving the commissioning on time. For Cle~ Energy Solutions Li.;ited Vanita Balkrushna Ghuge. Project manager 7021507876 Registered & Head Office Address : 4th Floor, The International, 16 Maharshi Karve Road, New Marine Line, Cross Road No. 1, Chruchgate, Mumbai -400020. Maharashtra, India. I +91 22 6252 0000 I www.cleanmax.com I info@clenmax.com India I UAE I Thailand CIN No.: U93090MH2010PLC208425 - - -