Allotment of Securities

July 01, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 542760 Symbol: SWSOLAR Sub.: Allotment of equity shares pursuant to exercise of Employee Stock Options under Sterling and Wilson Renewable Energy Limited - Employee Stock Option Plan I (“SWREL ESOP Plan I”) Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ("SEBI SBEB Regulations"), we wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company vide Resolution passed by Circulation on Wednesday, July 01, 2026, have approved the allotment of 9,671 equity shares of Re. 1/- each, to the option grantee(s), upon exercise of the options vested with them under the SWREL ESOP Plan I at the exercise price of Rs. 238/- per share. These equity shares shall rank pari-passu with existing equity shares in all respects. Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs. 23,35,31,720/- consisting of 23,35,31,720 equity shares of Re. 1/- each to Rs. 23,35,41,391/- consisting of 23,35,41,391 equity shares of Re. 1/- each. The details as required under Regulation 10(c) of SEBI SBEB Regulations are enclosed herewith as "Annexure-1". This disclosure will also be hosted on the Company's website viz. https://www.sterlingandwilsonre.com/. Request you to take the same on records. Thanking you. Yours faithfully, For Sterling and Wilson Renewable Energy Limited Jagannadha Rao Ch. V. Company Secretary and Compliance Officer Encl.: As above Sterling and Wilson Renewable Energy Limited Regd. Office: Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur (W), Mumbai - 400043 Phone: (91-22) 25485300 | Fax: (91-22) 25485331 | CIN: L74999MH2017PLC292281 Email: info@sterlingwilson.com | Website: www.sterlingandwilsonre.com Annexure 1 Disclosure pursuant to Regulation 10(c) of the SEBI SBEB Regulations Sr Particulars Details 1 Company name and address of Sterling and Wilson Renewable Energy Limited Registered Office Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur (W), Mumbai - 400043 2 Name of the recognised Stock BSE Limited (BSE) and the National Stock Exchanges on which the Company's Exchange of India Limited (NSE) shares are listed 3 Filing date of the statement referred in June 16, 2022 regulation 10(b) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with the recognised Stock Exchange 4 Filing Number, if any BSE: DCS/IPO/TL/ESOP-IP/2411/2022-23 NSE: NSE/LIST/31446 5 Title of the Scheme pursuant to which Sterling and Wilson Renewable Energy Limited shares are issued, if any - Employee Stock Option Plan (SWREL ESOP Plan I) 6 Kind of security to be listed Equity Shares 7 Par value of the shares Re. 1/- 8 Date of issue of shares July 01, 2026 9 Number of shares issued 9,671 10 Share Certificate No., if applicable Not Applicable 11 Distinctive number of the share, if 23,35,31,721 to 23,35,41,391 applicable 12 ISIN Number of the shares if issued in INE00M201021 Demat 13 Exercise price per share Rs. 238/- 14 Premium per share Rs. 237/- 15 Total issued shares after this issue 23,35,41,391 16 Total issued share capital after this issue Rs. 23,35,41,391 17 Details of any lock-in on the shares N.A. 18 Date of expiry of lock-in N.A. 19 Whether shares are identical in all Yes, the shares issued and allotted pursuant to respects to existing shares? If not, when exercise of stock options shall rank pari-passu will they become identical with existing equity shares in all respects 20 Details of listing fees, if payable Not Applicable Sterling and Wilson Renewable Energy Limited Regd. Office: Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur (W), Mumbai - 400043 Phone: (91-22) 25485300 | Fax: (91-22) 25485331 | CIN: L74999MH2017PLC292281 Email: info@sterlingwilson.com | Website: www.sterlingandwilsonre.com