BSECompany Update5d ago · 5 Nov 2026, 03:44 pm

Pursuant to Regulation 30 read with Part B of Schedule III of the SEBI (LODR) Regulations, 2015 we are pleased to inform that Citizen Solar Limited has commenced its commercial production of solar PV Modules at a production capacity of approx. 1.2 GW at Unit-2 with effect from 05th November, 2026.

Citizen Solar Ltd · 538786

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Citizen Solar Limited has commenced commercial production of solar PV modules at its Ankhol facility with a production capacity of approximately 1.2 GW, marking a significant milestone in the company's manufacturing expansion plans.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Citizen Solar Ltd - 538786 - Commencement Of Commercial Production At Unit-2, Ankhol, 1.2 GW Solar PV Module Manufacturing Facility, Gujarat

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citigeri SOLAR Date: 05th November, 2025 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Datal Street, Fort Mumbai - 400001. Scrip Code- 538786 Dear Sir/Ma'am, Sub.: lntimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Commencement of Commercial Production at Ankhol, 1.2 GW Solar PV Module Manufacturing Facility, Gujarat Pursuant to Regulation 30 read with Part B of Schedute lll of the SEBI (Listing 0btigations and Disclosure Requirements) Regutations, 2015, as amended ("SEBl Listing Regutations"), we are pteased to inform you that Citizen Solar Limited has commenced commerciaI production of sotar photovoltaic (PV) modules at its manufacturing facitity Unit-2 situated at Survey No. 95/1, Vittage Ankhot, Taluka Kadi, District Mehsana, Gujarat - 381+41+0,lndia with effect from November 5,2026. We further wish to inform you that commerciaI production has commenced under Phase I of the project, with a production capacity of approximatety 1.2 GW of solar PV modutes. The commencement of production at the Ankhot Facitity marks a significant mitestone in the Company's manufacturing expansion plans and is expected to strengthen its production capabitities, enhance operationa,l scale, and support the Company's future growth. The facitity is expected to enhance the Company's overall solar PV module manufacturing capacity, improve operational capabitities and enabte the Company to cater to the growing demand for sotar modutes in the domestic as we[[as other retevant markets. The requisite details pursuant to Regulation 30 of the SEBI (Listing 0btigations and Disclosure Requirements) Regutations, 2015, read with SEBI Master Circutar HO/49/14114(7'|2025-CFD-P0D2A13762/2026 dated 30th January, 2026 are furnished CITIZEN SOIAR LIMITED (Formerlyknown as Citizen Infoline Limited) Regd. Office: 411, Sakar-2, Ellis bridge Corner, Ashram Road, Ahmedabad - 380006' .Phone: 079 - 2658 5555.Customer Care No.:80OO1ll222.Email: info@citizensolar.com .Website: www.citizensolar.com CIN: L31100GJl994PLCO2356I.GSTIN: 24AAACC77l3R1ZD .PAN: AAACCTTl3R.Website: wwwinfoline.com .Emai]: acc@citizensolar.com Factory Address: Unit 1. Survey No. 966, Viliage-Indrad, Chhatial Kadi Road, Opp Asian Tubes, Taluka - Kadi, Dist. Mehsana, Gujarat - 382715,1ndia. Unit 2. Survey No. 9611, Village Ankhol, Chattral Kadi Road, Taluka Kadi, District Mehsana, Gujarat - 384440,India. citi :,fen SOLAR ANNEJURE.A SR NO. PARTICULARS DETAILS 1. Name of the facilitv Solar PV Modute Manufacturinq Facitity 2. Location of the facitity Ankhot, District Mehsana, Gujar:at 3. lnstatted capacitv 1.2 GW at Unit-2 4. Nature of activitv Manufacturinq of Solar PV Modutes 5. Date of commencement of 05th November,2026 commerciaI production 6. Existinq business activity Sotar PV Module Manufacturinet 7. Ra!ionate Enhancement of manufacturing capacity and ,stLengthening of the Company's operational capabitities and business presence in tlrig sector You are requeste.d to kincity take the abovp iirfor:.ynation on resord. The same will also be available on the websitg of the_ Cornpany i.e. www.citizensoiar.com Thanking ycu, Yours Sincerety, For Citizen Solar Limited (Formerty lhown as Citizen lnfoline Limited) Abhijit Roy Co.qpa ny Secretary. a nd Com plia n ce off icer ., - CITIZEN SOLAR LIMITED (Formerlyknown as Citizen Infoline Limited) Regd. Ofice: 41 1, Sakar-2, Ellis bridge Corner, Ashram Road, Ahmedabad - 380006. .Phone: 079 - 2658 5555.Customer Care No.: 800011i222 .Email: info@citizensolar.com .Website: www.citizensolar.com CIN: L31100GI1994PLC02356L.GSTIN: 24AAACC77l3RlZD .PAN: AAACC7713R .Website: www.infoline.com .Email: acc@citizensolar.com Factory Address: Unit 1. Survey No. 966, Village-Indrad, Chhatral Kadi Road, Opp Asian Tubes, Taluka - Kadi, Dist. Mehsana, Gujarat - 382715,1ndia. Unit 2. Survey No. 96i 1, Village Ankhol, Chattral Kadi Road, Taluka Kadi, District Mehsana, Gujarat - 384440, India.