Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation(s) or Variation(s) for the quarter ended September 30, 2026 in respect of utilization of funds raised through preferential issue of equity shares pursuant to conversion of warrants.

Date: 04.11.2026 To, To, The Manager Listing, The Manager Listing, National Stock Exchange of India BSE Limited, Limited, Exchange Plaza, Floor 25, BandraKurla Complex, PJ Towers, Dalal Street, Bandra (E) Mumbai: 400051 Mumbai: 400 001 Scrip Code- WEBELSOLAR Scrip Code- 517498 Subject: Statement of Deviation or Variation for the quarter ended September 30, 2026 Dear Sir, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation(s) or Variation(s) for the quarter ended September 30, 2026 in respect of utilization of funds raised through preferential issue of equity shares pursuant to conversion of warrants. Further, we hereby confirm that there is no deviation or variation in the utilisation of funds raised through allotment of equity shares pursuant to conversion of warrants. We request you to take the same on record. Thanking you, Yours Truly, For Websol Energy System Limited Ashok Purohit Company Secretary & Compliance Officer Membership No. : F7490 Encl. : as above WEBSOL POWERING TOMORROW'S ENERGY Statement of Deviation/ Variation in utilisation of funds raised Name of listed entity WEBSOL ENERGY SYSTEM LIMTED Mode of Fund Raising Allotment of equity shares on preferential basis pursuant to conversion of warrants Date of Raising Funds 13.03.2026 Amount Raised Rs 64.13 Cr Report filed for Quarter ended September 30, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable ls there a Deviation/ Variation in use offunds raised No If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the Not Applicable shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation/ Variation Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, ifa ny No Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modified Original Modified Funds Amount of Remarks, if any Object, if any Allocation allocation, if Utilised {Rs. Deviation/Variation {Rs. In any In Crore) for the quarter Crores) according to applicable object Debt Not Not Applicable 6.00 6.00 Not Applicable No Deviation Repayment Applicable Expansion of Renewable Not Applicable 42.10 42.10 Not Applicable No Deviation Applicable Energy Project General Corporate Not Applicable 16.03 16.03 Not Applicable No Deviation Applicable Purpose * Original object as per explanatory Statement to the Notice of EGM dated 11th May, 2024. Websol Energy System Limited T 033 4009 2100 52/1. Shakespeare Sarani, Unimark Asian E info@websolenergy.com 8" Floor, Kolkata 700017 CIN L29307WB1990PLC048350 websolenergy.com WEBSOL POWERING TOMORROW'S ENERGY Deviation or variation could mean: a) Deviation in the objects or purposes for which the funds have been raised or b) Deviation in the amount of funds actually utilized as against what was originally disclosed or c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, explanatory statement to the notice for the general meeting, as applicable etc For WEBSOL ENERGY SYSTEM LIMITED Chief Fifc ial Officer Websol Energy System Limited T 033 4009 2100 52/1 Shakespeare Sarani. Unimark Asian E info@websolenergy.com 8'" Floor. Kolkata 700017 CIN L29307WB1990PLC048350 websolenergy.com