Shareholders meeting

July 02, 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.: Proceedings of the 9th Annual General Meeting of Sterling and Wilson Renewable Energy Limited (“the Company”) Ref: Intimation under Regulation 30 read with Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/ Ma’am, In continuation to our intimation dated June 09, 2026, please find enclosed herewith the summary of proceedings of the 9th Annual General Meeting of the Company (“AGM”) held today i.e. Thursday, July 02, 2026, at 12:00 noon (IST) through Video Conferencing (VC)/ Other Audio - Visual Means (OAVM). The same is also available on the website of the Company at i.e. 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 & 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 Summary of the Proceedings of the 9th Annual General Meeting of the Company The 9th Annual General Meeting (“AGM”) of the members of Sterling and Wilson Renewable Energy Limited (‘the Company’), was held on Thursday, July 02, 2026 at 12:00 noon IST through Video Conference (VC)/ Other Audio Visual Means (OAVM) Mr. Khurshed Yazdi Daruvala, Chairman of the Company, chaired the meeting and after ascertaining the requisite quorum being present, called the meeting to order at 12:00 noon IST. Mr. Daruvala informed the Members that, this AGM of the Company was convened through VC/ OAVM, in accordance with various circulars issued by Ministry of Corporate Affairs (‘MCA’) and Securities and Exchange Board of India (‘SEBI’) in this regard and in compliance with the applicable provisions of the Companies Act, 2013 (“the Act”) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). He then introduced himself and other Directors and Officers of the Company present in the AGM as under: Mr. Khurshed Daruvala : Non-Executive Chairman of the Company & Chairperson of the Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Risk Management Committee Ms. Rukhshana Mistry : Independent Director & Chairperson of Audit Committee & Nomination and Remuneration Committee Mr. Umesh Khanna : Non-Executive Director Mr. Balanadu Narayan : Non-Executive Director Mr. Cherag Balsara : Independent Director Mr. Rahul Dutt : I n d e pendent Director Mr. Chandra Kishore : Manager and Global CEO of Sterling and Wilson Thakur Renewable Energy Group Mr. Ajit Pratap Singh Chief Financial Officer Mr. Jagannadha Rao Ch. V. : Company Secretary & Compliance Officer He informed that Mr. Saurabh Agarwal, Non-Executive Director and Ms. Naina Krishna Murthy, Independent Director of the Company, were unable to attend this AGM due to prior commitments. Mr. Daruvala further informed that the representatives of M/s. Kalyaniwalla & Mistry LLP, M/s. Deloitte Haskins & Sells LLP, the Statutory Auditors of the Company & M/s. Manish Ghia & Associates, the Secretarial Auditors of the Company and Scrutinizers for this AGM were also attending this meeting. Mr. Daruvala then addressed the members highlighting, inter alia, the financial and operational performance of the Company for the Financial Year 2025-26. 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 Thereafter, Mr. Jagannadha Rao Ch. V., Company Secretary informed the Members that there was no proxy facility available for this meeting and that the statutory registers and the certificate from the Secretarial Auditors stating compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 were available for inspection electronically. The Company Secretary further informed the Members that the Notice of the meeting was already sent to the Members electronically and therefore was taken as read. The Members were informed that there were no qualifications, observations or adverse comments in the Report of the Statutory Auditors.The Comment/ observation made by the Secretarial Auditors along with the Management Response was read out at the Meeting by the Company Secretary. The Company Secretary then informed the Members that the Company had provided remote e-voting facility to its members to cast votes electronically on all resolutions set out in the Notice. Also, the facility to vote at the meeting through e-voting platform of National Securities Depository Limited (“NSDL”), was made available to the members who participated in the meeting and had not cast their votes through remote e-voting facility. He further informed that Mr. Mannish Ghia of M/s. Manish Ghia & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer for the remote e-voting as well as to supervise the e-voting process at this AGM, who would scrutinize the votes and hand over the combined report on voting within two working days of conclusion of this AGM. The Company Secretary read out the businesses as mentioned in the Notice convening the AGM as under: Sr. Agenda item Resolution to No. be passed 1 To consider and adopt: Ordinary a. the Audited Standalone Financial Statements of the Company for Resolution the financial year ended March 31, 2026, and the report of the Board and the Auditors thereon b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the report of the Auditors thereon 2 To approve appointment of Mr. Khurshed Yazdi Daruvala (DIN: Ordinary 00216905) as a Non-Executive Director of the Company, who retires Resolution by rotation as a Director at this Annual General Meeting 3 To approve appointment of Branch Auditors Ordinary Resolution 4 To approve Material Related Party Transaction(s) with Shapoorji Ordinary Pallonji and Company Private Limited Resolution 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 Sr. Agenda item Resolution to No. be passed 5 To approve the waiver of recovery of excess remuneration paid to Special Mr. Chandra Kishore Thakur, Manager of the Company, during the Resolution financial year 2025–26 The Company Secretary then invited the members who had registered themselves in advance by sending request from their registered email id to express their views/ ask questions in the AGM. The Chairman and the Officers of the Company replied to the queries raised by the speaker shareholders in the AGM. Mr. Daruvala thanked the Members for attending the Meeting and declared the meeting as concluded at 1:00 p.m. IST. The Chairman further informed the Members that the e-voting facility which was available at the meeting for those members who have not cast their vote through remote e-voting would remain open for another 15 minutes and authorized the Company Secretary of the Company to receive the voting results and intimate same to the stock exchanges. The details regarding the voting results of the business transacted at the AGM in the prescribed format along with the Consolidated report of t [Showing first 8,000 characters — download PDF for full document]