Shareholders meeting

Date: 24.06.2026 To, To, The Manager Listing, The Manager Listing, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Floor 25, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (E) Mumbai: 400051 Mumbai: 400 001 Scrip Code- WEBELSOLAR Scrip Code- 517498 WEBSOL ENERGY SYSTEM LIMITED: ISIN- INE855C01023 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Postal Ballot Notice Dear Sir, Pursuant to Regulation 30 of the SEBI Listing Regulations, please find enclosed herewith a copy of the Notice of Postal Ballot dated June 22, 2026 (“Notice”) together with the Explanatory Statement thereto, seeking approval of the Members of Websol Energy System Limited (“Company”) on the resolutions specified therein, by means of electronic voting (“remote e‐voting”) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) in this regard. In compliance with the applicable circulars, the Notice is being sent by electronic mode only to those Members whose names appear in the Register of Members / Register of Beneficial Owners maintained by the Company/ Depositories i.e. National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as at close of business hours on Friday, June 12, 2026, (the “Cut-off date”) and whose e-mail addresses are registered with the Depositories and / or Registrar and Share Transfer Agent of the Company i.e. R & D Infotech Pvt Ltd. The Postal Ballot Notice is also available on the website of the Company at https://www.websolenergy.com/ The Company has engaged the services of National Securities Depository Limited (NSDL) for the purpose of remote e-voting facility to its members. The remote e-voting shall commence on Thursday, 25th June, 2026 at 9:00 A.M. IST and end on Friday, 24th July, 2026 at 05:00 P.M. IST. This is for your information and records. Yours faithfully, For Websol Energy System Limited Sohan Lal Agarwal Managing Director DIN: 00189898 Encl: As above POSTAL BALLOT NOTICE (Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management & Administration) Rules, 2014) Dear Members, NOTICE is hereby given that pursuant to the provisions of Section 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013, (“Act”) read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“Rules”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India (“SS-2”) as amended and in accordance with the requirements prescribed by the Ministry of Corporate Affairs (“MCA”) for holding general meetings / conducting postal ballot process through electronic voting (remote e-voting) vide General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 including the latest being General Circular No. 03/2025 dated September 22, 2025, (“MCA Circulars”) and any other applicable law, rules, circulars, notifications and regulations (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the resolution as set out hereunder is proposed to be passed for approval of the Members of the Company (as on the Cut-off Date) (“Members”), through postal ballot (“Postal Ballot”) only by way of remote e-voting process (“remote e-voting”). An Explanatory Statement pertaining to the said resolution setting out the material facts and the reasons thereof form part of this Notice of Postal Ballot (“Notice”). In compliance with the MCA Circulars, the Company is sending this Notice only in electronic form to those Members whose e-mail addresses are registered with the Company/Registrar and Transfer Agent viz., R & D Infotech Pvt Ltd (‘RTA’)/ Depositories. Accordingly, physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope is not being sent to the Members for this Postal Ballot. The communication of the assent or dissent of the Members would take place only through the e-Voting system. Members are requested to carefully read the instructions in this Postal Ballot Notice and record their assent (FOR) or dissent (AGAINST) only through the Remote e-Voting process not later than 5:00 p.m. (IST) on Friday, July 24, 2026. Remote e-Voting will be disabled by NSDL immediately after the end time and will not be allowed beyond the said date and time. SPECIAL BUSINESS: Re-appointment of Mr. Sohan Lal Agarwal (DIN: 00189898) as Managing Director of the Company for a term of three years with effect from April 1, 2026 To consider, and if thought fit, to pass with or without modifications the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 203 and other applicable provisions, if any, read with Schedule V of the Companies Act, 2013, (“Act”) and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, provisions of Regulation 17(6)(e) and other applicable Regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, including any amendment(s), statutory modification(s) or re-enactment thereof for the time being in force and pursuant to the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors of the Company (the ”Board”) at their respective meetings held on April 27, 2026, approval of the Members be and is hereby accorded for the re- appointment of Mr. Sohan Lal Agarwal (DIN: 00189898), as the Managing Director of the Company for a further period of three years, commencing from 1st April, 2026, on such terms and conditions including remuneration as set out in the explanatory statement annexed and with the liberty to the Board of Directors to alter, vary and modify the terms and conditions of the said re-appointment as it may deem fit and in such manner as may be agreed to between the Board of Directors and Mr. Sohan Lal Agarwal. RESOLVED FURTHER THAT notwithstanding anything to the contrary contained hereinabove or in the terms and conditions of his appointment, where in any financial year, during the tenure of Mr. Sohan Lal Agarwal as the Managing Director of the Company, the Company has no profits or its profits are inadequate, the remuneration payable to him shall be as per the provisions of Schedule V of the Act and the rules made thereunder or any statutory modification or re-enactment thereof. RESOLVED FURTHER THAT the Board of Directors be and is hereby authorised to do all such acts, deeds and things and execute all such documents, instruments and writings as may be required and to delegate all or any of its powers herein conferred to any committee of directors to give effect to the aforesaid resolution.” By order of the Board of Directors Websol Energy System Limited Sd/- Sanjana Khaitan Director DIN: 07232095 Date: June 22, 2026 Place: Kolkata NOTES: 1. The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 (the “Act”) setting out material facts of the aforesaid items is annexed hereto and forms part of this Postal Ballot Notice. 2. All documents required to be kept open for inspection, if any, shall be open for inspection at the Registered Office of the Company between 2.00 p.m. and 5.00 p.m. on all working days (except Saturday, Sunday and Holidays). Such documents shall also be made available on the Company’s website (www.websolenergy.com) to facilitate online inspection till the date of announcement of the results of this Postal Ballot. 3. The Company has appointed Mr. Abhijit Majumdar, (Membership No. A9804 and Certificate of Practice No. 189 [Showing first 8,000 characters — download PDF for full document]