Outcome of Board Meeting

August 14, 2026 National Stock Exchange of India Limited Bombay Stock Exchange Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400051 Mumbai – 400001 SYMBOL: SOLEX Scrip Code: 544862 Dear Sir/Madam, Subject: Outcome of Board Meeting and announcements pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to Regulation 30 and 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, With reference to the captioned subject, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Friday, August 14, 2026, commenced at 11:30 a.m. and concluded at 03:00 p.m., has, inter-alia, considered the following: 1. The Board considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report of the Statutory Auditors thereon. 2. The Board considered and approved the Notice convening the 12th Annual General Meeting (AGM) of the Company scheduled to be held on Tuesday, September 22, 2026 at 12:30 p.m.(IST) through Video Conference (“VC”)/Other Audio-Visual Means (“OAVM”). The copy of Notice convening 12th AGM will be informed to the Stock Exchange(s) separately. 3. The Board approved the book closure dates, cut-off date for the purpose of determining eligibility of members for e-voting, Record Date for the purpose of determining the eligibility of Members for payment of final dividend, if declared at the ensuing AGM. The details of book closure period, cut-off date, Record Date and e-voting period will be intimated separately in due course. This is for your kind information and record. Yours faithfully, For, Solex Energy Limited Azmin Chiniwala Company Secretary & Compliance Officer Membership No. A68339 M/s Maheshwari & Co. Chartered Accountants Independent Auditor's Limited Review Report on unaudited consolidated financial results of Solex Energy Limited for Quarter ended June 30, 2026 Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of Solex Energy Limited Surat 1. We have reviewed the accompanying statement of unaudited consolidated financial results of Solex Energy Limited (the "Company") for the quarter ended June 30, 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 52 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued there under and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The statement includes the results of the following entities: a. Holding Company: Solex Energy Limited b. Subsidiary: Solex Green Energy Private Limited c. Subsidiary: Solex New Energy Private Limited d. Subsidiary: Solex BESS Private Limited Head Office: 10-11, 3rd Floor, Esplanade School Building, 3 A K Naik Marg, Near New Empire Cinema, Fort, CST, Mumbai 400 001 (M.H.) Contact: cagattani@icai.org / +91-96991-45711 M/s Maheshwari & Co. Chartered Accountants Other Matters 6. The unaudited consolidated financial results include the interim financial results of 2 subsidiaries which have been reviewed by other auditors, whose interim financial results are as below: Revenue Profit after tax Name of The Company in Rs.(Million) in Rs.(Million) June’26 March’26 June’26 March’26 (Qtr.) (Qtr.) (Qtr.) (Qtr.) Solex Green Energy Private Limited 246.14 460.48 4.66 40.88 Solex New Energy Private Limited Nil Nil Nil Nil Solex BESS Private Limited Nil Nil NA NA These interim financial results have been reviewed by other auditors and have been furnished to us by the management by applying consistent accounting policies. According to the information and explanations given to us by the Management, interim financial of “Solex Green Energy Private Limited” is material to to the Group and interim financial of “Solex New Green Energy Private Limited” and Solex BESS Private Limited are not material to to the Group. 7. The comparative unaudited financial information and the consolidated financial results of the Company for the corresponding quarter and year to date from April 01, 2025 to September 30,2025 included in these unaudited IND AS Financials results were reviewed by the predecessor auditor who expressed an unmodified conclusion/opinion on those financial results. For Maheshwari & Co. Chartered Accountants FRN: 105834W CA Pawan Gattani Place: Mumbai Partner Date: August 14, 2026 M. No. 144734 UDIN: 26144734WZWMWJ2416 Head Office: 10-11, 3rd Floor, Esplanade School Building, 3 A K Naik Marg, Near New Empire Cinema, Fort, CST, Mumbai 400 001 (M.H.) Contact: cagattani@icai.org / +91-96991-45711 M/s Maheshwari & Co. Chartered Accountants Independent Auditor's Limited Review Report on unaudited standalone financial results of Solex Energy Limited for Quarter ended June 30, 2026 Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of Solex Energy Limited Surat 1. We have reviewed the accompanying statement of unaudited standalone financial results of Solex Energy Limited (the "Company") for the quarter ended June 30, 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules [Showing first 8,000 characters — download PDF for full document]