Statement of deviation(s) or variation(s) under Reg. 32

Date: 10-08-2026 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 WEBSOL ENERGY SYSTEM LIMITED: ISIN-INE855C01023 Subject: Statement of Deviation or Variation for the quarter ended June 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) in respect of utilization of funds raised through Preferential Issue for allotment of equity Shares pursuant to conversion of warrants for the quarter ended June 30, 2026. 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 WEBSOL ENERGY SYSTEM LIMTED Name of listed entity Allotment of equity Shares| Mode of Fund Raising pursuant to conversion of warrants under Preferential basis Date of Raising Funds 13.03.2026 Amount Raised Rs 48.09 Cr (Balance 75% of Totall Consideration) June 30, 2026 Reportfiled for Quarter ended Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Isthere a Deviation/ Variation in use of funds raised No If yes, whether the same is pursuant tochange 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, ifany 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 Applicable 6.00 Not 6.00 Not Applicable No Deviation Repayment : Applicable : The balance Expansion of Not funds are parked Renewable | Not Applicable 4210 y 39.23 Not Applicable in liquid state and ) Applicable . i Energy Project will be utilized for the said object. General Not Corporate Not Applicable 16.03 . 16.03 Not Applicable No Deviation PiIfHoss Applicable * Original object as per explanatory Statement to the Notice of EGM dated 11t May, 2024. Websol Energy System Limited T 03340092100 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 ©) 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 v Websol Energy System Limited T 0334009 2100 52/1, Shakespeare Sarani, Unimark Asian E info@websolenargy.com 8" Flaor, Kolkata 700017 CIN L29307WB1990PLC048350 websolenergy.com