Updates

July 20, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor no.25, PJ Towers Bandra (E) Dalal Street Mumbai - 400 051 Mumbai – 400 001 Trading Symbol: “SOLARINDS” Scrip Code: 532725 Through NEAPS Through BSE Listing Center Sub: Business Responsibility and Sustainability Report for FY 202 5-26. Dear Sir/Madam, We wish to inform you that, pursuant to Regulations 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Business Responsibility and Sustainability Report for the Financial Year 2025-26 along with Independent Reasonable Assurance Report provided by M/s Moore Singhi Advisors LLP which also forms part of the Integrated Annual Report FY 2025-26, submitted to the Exchanges vide letter dated July 20, 2026. The Business Responsibility and Sustainability Report is also available on the website of the Company at www.solargroup.com. This is for your information and records. Thanking you, Yours Truly, For Solar Industries India Limited Khushboo Pasari Company Secretary & Compliance Officer Solar Industries India Limited Statutory Reports Business Responsibility and Sustainability Report Independent Assurance Report The Board of Directors Solar Industries India Limited "Solar" House 14, Kachimet, Amravati Road, Nagpur – 440023 Subject: Independent Reasonable Assurance Report on BRSR Core KPIs/Metrics in the Business Responsibility and Sustainability Report (BRSR) of Solar Industries India Limited (hereafter referred to as “Solar” or “Company”) for the Financial Year 2025-26. 1. Introduction and Scope boundary”) at Chakdoh, Warur, Waidhan, Korba, Ramgarh, Jharsugada, Bhilwara, Pallewada, Bailadila, Barbil, Talcher, Moore Singhi Advisors LLP (“Moore Singhi” or “we” or “us”) Asansol, Dhanbad, Manendragarh, Ramagundam, Kotputli, has been engaged by Solar Industries India Limited to provide Bagadih, and 4 offices including Ramdaspeth, Tower 10, independent reasonable assurance on Key Performance Bharat Nagar, and Corporate Office - Solar House. An on- Indicators (KPIs) or Metrics under nine (9) ESG attributes site verification was conducted at the Company's key (listed in Annexure 1) that form part of Business Responsibility manufacturing facility at Chakdoh Ramdaspeth office, and and Sustainability Report (“BRSR Core”). Corporate Office - Solar House, Nagpur. The reporting criteria, chosen by the company, for this engagement comprise the following (collectively, the "Criteria", 3. Management Responsibilities and the SEBI circulars referenced below, the "Circulars"): The Company’s management is responsible for the selection Regulation 34(2)(f) of the Securities and Exchange Board of the reporting criteria, reporting period, reporting boundary, of India (Listing Obligations and Disclosure Requirements) preparation, and disclosure of BRSR information and the BRSR Regulations, 2015, as amended from time to time. Core KPIs/Metrics under the nine attributes as per “Format of BRSR Core” of the aforesaid Circulars. This responsibility SEBI Circular No. SEBI/HO/CFD/CFD-SEC-2/P/ includes stakeholder engagement, designing, implementing CIR/2023/122 dated July 12, 2023 on BRSR Core and maintaining adequate internal controls, including relevant — Framework for assurance and ESG disclosures policies and procedures, maintaining adequate records, for value chain. performing appropriate calculations, and making estimates that are reasonable in the circumstances, and ensuring that SEBI Master Circular No. HO/49/14/14(7)2025-CFD- they are free from material misstatement, whether due to POD2/I/3762/2026 dated January 30, 2026 titled fraud or error. The management and Board of Directors of the Master Circular for compliance with the provisions Company are also responsible for overseeing the Company’s of the Securities and Exchange Board of India (Listing compliance with the requirements of LODR Regulations and Obligations and Disclosure Requirements) Regulations, the SEBI Circulars in relation to the BRSR. Moore Singhi was 2015 by listed entities, read with Chapter IV-B thereof not involved in the preparation of the BRSR report, BRSR Core (dealing with BRSR disclosures) KPIs/Metrics and/or related backup data. Industry Standards on Reporting of BRSR Core issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/ 4. Our Responsibilities CIR/2024/177 dated December 20, 2024. Our responsibility is to provide reasonable assurance on the Our engagement has been conducted in accordance BRSR Core KPIs/Metrics based on the procedures we have with the terms of the engagement letter dated performed and the evidence we have obtained from the November 12, 2025. Company. We do not accept or assume any responsibility for any other purpose or to any other person or organization. Our assurance on disclosures is for the period starting from We have considered quantitative materiality and qualitative April 1, 2025, to March 31, 2026. We have not performed any factors in (i) planning the scope of our work and evaluating procedures on any other elements included in the BRSR report, the results of our work, and (ii) evaluating the effect of any and therefore do not express any opinion thereon. identified misstatements in the BRSR Core. Accordingly, we do not accept or assume any liability or duty of care to any 2. Boundary person other than the Board of Directors of the Company in connection with this report. This assurance engagement relies The reporting boundary for the BRSR disclosures includes on the assumption that all data and information provided by Solar’s operations of 17 manufacturing locations (“reporting Solar is accurate and complete. Rise & Shine Annual Report 2025-26 We conducted this engagement in accordance with the 5. Inherent Limitations International Standard on Assurance Engagements (ISAE) The reliability of assurance on non-financial information is 3000 (Revised): Assurance Engagements other than subject to uncertainties inherent in the assurance process. Audits or Reviews of Historical Financial Information, and The lack of a significant universal body of established practice the International Standard on Assurance Engagements for measuring and evaluating non-financial information allows (ISAE) 3410: Assurance Engagements on Greenhouse Gas for different, but acceptable, measures and measurement Statements, as well as the terms of our engagement as techniques, potentially affecting comparability between agreed with the Company in the engagement letter dated entities. Specifically, the uncertainties in greenhouse gas November 12, 2025. (GHG) emissions estimation arise due to incomplete scientific knowledge, limitations in quantification models, and the Those standards require that we plan and perform our assumptions or conversion factors used to arrive at results. Due engagement to obtain reasonable assurance about whether, to these inherent limitations, there is a possibility that material in all material respects, the KPIs/Metrics presented to us misstatements in the BRSR Core KPIs/Metrics in the Report are prepared in accordance with the Criteria chosen by the may remain undetected. The application of this assurance Company as per the aforementioned Circulars. statement is limited to the aforementioned Circulars. A reasonable assurance engagement includes performing 6. Opinion procedures to obtain sufficient and appropriate evidence assessing the risk of material misstatement of the KPIs/ Based on the procedures performed and evidence obtained, Metrics disclosed in BRSR Core. In this connection, our as described in Section 4, and on the information and procedures included: explanations provided to us, including written management representations, we are of the opinion that the BRSR Core KPIs/ Performing process walkthroughs at selected locations to Metrics mentioned in Annexure – 1 of our report are prepared, understa [Showing first 8,000 characters — download PDF for full document]