The Company vide its letter dated July 8, 2026 had submitted the Annual Report of the Company for FY 2025-26. Subsequently it was observed that in the Financial Statements section of the ....

August 2, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Floor 25, P. J. Towers, “Exchange Plaza”, Dalal Street, C-1, Block G, Bandra – Kurla Complex, Mumbai-400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532051 Scrip Symbol: SWELECTES Sub: Submission of Revised Annual Report of the Company for the Financial Year 2025-26 – under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company vide its letter dated July 8, 2026 had submitted the Annual Report of the Company for FY 2025-26. Subsequently it was observed that in the Financial Statements section of the Annual Report, the CSR amount spent during the financial year 2025-26 was printed as Rs.19.76 lakhs as against Rs.38.06 lakhs and some of the values were printed with minor mistakes inadvertently, which shall be read as given below in the Financial Statements (Standalone and Consolidated) for the FY 2025-26, for the following line items:  CSR amount required to be spent by the company during the year - Rs.38.04 lakhs (Note 29.1 of Standalone and Note 28.1 of Consolidated)  CSR Amount spent during the year - Rs.38.06 lakhs (Note 29.1 of Standalone and Note 28.1 of Consolidated)  Contributions towards Corporate Social Responsibility (CSR) – Rs.38.06 lakhs (Note 29 of Standalone and Note 28 of Consolidated)  Miscellaneous expenses – Rs.433.04 lakhs (Note 29 of Standalone) and Rs.641.91 lakhs (Note 28 of Consolidated)  Profit for the year being added to Retained Earnings as on 31 March 2025 and related total under “Total Other Equity”) - Rs.5,517.16 lakhs (Statement of Changes in Equity and Note 13 of Consolidated)  Total Comprehensive Income under Retained Earnings during the FY 25-26 - Rs.5,517.16 lakhs (Statement of Changes in Equity of Consolidated FS)  Balance of Retained Earnings as at 31 March 2026 - Rs.60,427.45 lakhs (Statement of Changes in Equity and Note number 13 of Consolidated FS) Further, the date of audit report (Both Standalone and Consolidated) was erroneously mentioned as 21 May 2025 instead of 21 May 2026 in the soft copy of the annual report submitted to the stock exchanges. The above are the printing and clerical errors identified after publication due to oversight and we confirm that the above said errors are non - material in nature and does not impact the financial statements and any key disclosures. This intimation is being made voluntarily in the interest of transparency and good corporate Governance. We request you to kindly take it on record. In view of the above, we have attached herewith the revised Annual report of the company for FY 2025-26 duly reflecting, inter alia, the above changes and some other formatting changes. The same will be available on the website of the Company at link: Annual Report: https://swelectes.com/investors/financial-information/annual- report.php We request you to kindly take on record the above compliance. Thanking You, Yours Faithfully, For SWELECT ENERGY SYSTEMS LIMITED R Chellappan Vice Chairman and Whole-time Director DIN: 00016958 Encl.: as above INTEGRATED ENERGY. SUSTAINABLE FUTURE. SWELECT ENERGY SYSTEMS LIMITED 31st Annual Report 2025-2026 Integrated Contents Energy. CORPORATE OVERVIEW 02-39 Sustainable From a Solar and Wind Company to an Integrated energy Platform 02 Future. About SWELECT 04 Our Presence 06 CHANNEL Vice Chairman’s Letter 08 SALES Message from the CEO and Managing Director 10 Leadership in clean energy today means bringing together Board of Directors 14 READ MORE ON PAGE 19 generation, storage, execution and long-term energy Key Performance Indicators 16 reliability on one integrated platform. This approach Products and Solutions 18 defines the next phase of our journey. Manufacturing Excellence 23 SWELECT HHV Solar Photovoltaics Private Limited (SHPV) 24 Project Portfolio Showcase 26 Our foundation has been built over four Engineering the Future Digital 28 decades through power electronics, SWELECT has a good opportunity in this Sustainability 30 PROMOTING dependable energy storage systems market evolution. Our track record in and strong engineering discipline. Over providing robust Uninterrupted Power Human Capital 32 EDUCATION the years, this legacy has evolved into a Supply Systems with a 99.9999% uptime CSR Initiatives 36 broader renewable energy platform with and our experience in setting up solar power READ MORE ON PAGE 36 Awards 38 capabilities across Solar PV manufacturing, plants gives us an edge in this emerging EPC, Independent Power Production and market opportunity. We intend to leverage Corporate Information 39 Storage-led solutions. our strengths and develop strong digital technologies to integrate the solutions to The New Era of Energy provide RTC/FDRE/Peak Power to meet the HIGHLIGHTS FY 2025-26 The global energy transition is moving into demand profile of our customerss. a new phase. Clean energy now needs (CONSOLIDATED PERFORMANCE) to be reliable, available when required To pursue the opportunity, we have and capable of supporting round-the- strategic tie-ups in the hybrid power clock power needs. Businesses want to electronic space for C&I customers. Also 65,712.33 reduce their carbon footprint without we are in the early stages in exploring affecting operations or increasing costs, the US Market opportunities and in the LAKHS STATUTORY REPORTS 40-111 while communities expect growth that is process of executing one Front of the meter responsible and environmentally conscious. ESS project in the United States. These ( 5.70% YoY) Board’s Report 40 partnerships will provide a unique value This shift creates a strong opportunity for proposition for our customers and build Revenue from operations Management Discussion and Analysis 64 companies like ours. With our technical an enduring value to all our stakeholders. Corporate Governance Report 80 knowledge, execution capability and long- We are moving forward, transforming term commitment to sustainability, we are potential into predictable progress through well placed to support customers with ‘Integrated Energy. Sustainable Future.’ clean energy solutions that are practical, ₹ 18,749.19 reliable and future-ready. LAKHS ( 30.36% YoY) FINANCIAL STATEMENTS 112-279 EBITDA Standalone Financial Statements 112 Consolidated Financial Statements 200 Annual Report 2025-26 From a Solar and Wind Company to an Integrated Energy Platform Renewable energy has crossed the first threshold of adoption. The next threshold is firmness. Solar and wind have expanded clean energy access, but a 24x7 economy needs power that can be stored, balanced and supplied when demand arises. As renewable penetration grows, grid balancing pressures are rising, while commercial and industrial customers are seeking energy systems that combine decarbonisation with continuity. Regulatory tailwinds, including RPO mandates, India’s net-zero roadmap and global carbon-linked frameworks, are further strengthening the case for dependable, storage-led renewable energy. This shift is propelling us to move from standalone products and projects to a platform that can design, build, generate, store and manage clean energy across use cases. Round-the-clock renewables are becoming central to this direction as customers are seeking energy solutions that are cleaner, reliable and available beyond generation hours. Our battery energy storage solutions fit the purpose. Integrating solar plants with BESS enables us to optimise peak-hour energy costs of the customers, improve energy reliability and support more strategic use of renewable energy across the grid. We are also extending our participation in the storage ecosystem through strategic partnerships, which focusses on Solar BESS development and installation in India, Singapore and other ASEAN markets. This enables us to address the future of clean energy growth, where value will come from reliability, resilience and integrated exec [Showing first 8,000 characters — download PDF for full document]