Newspaper publication of the Unaudited Financial Results of the Company for the Quarter ended 30.06.2026

August 14, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Floor 25, P. J. Towers, “Exchange Plaza”, Dalal Street, C-1, Block G, Bandra – Kurla Complex, Mumbai-400 001. Bandra (E), Mumbai – 400 051. Scrip Code: 532051 Scrip Symbol: SWELECTES Dear Sir/Madam, Sub: Submission of clippings of Newspaper publications As required under Regulation 33 read with regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Unaudited Financial Results (Standalone and Consolidated) of the Company for the Quarter ended 30.06.2026, were approved at the Board Meeting held on 13.08.2026 and published in all editions of “Business Line” (English) and “The Hindu Tamil Thisai” (Vernacular - Tamil) on 14.08.2026. The copies of the above newspaper publications are being enclosed herewith. We request you to kindly take on record the above compliance. Thanking you, Yours faithfully, For SWELECT ENERGY SYSTEMS LIMITED J Bhuvaneswari Company Secretary news bl CHENNAI 9 businessline. FRIDAY-AUGUST14-2026 QUICKLY. IndusInd Bank looks to deepen SME, mid-market play Life insurers’ new GIC Re’s Q1 net profit up business premium 10% at ₹1,922 crore rises 21% in July GROWTH FOCUS. Private sector lender sees opportunities in data centre, electronics manufacturing and RE sectors Mumbai:General Insurance Our Bureau Corporation of India (GIC Re) seeing opportunities. These, tomer relationships,” he On the bank’s past gov- reported a 10 per cent Sindhu Hariharan for instance, also contrib- said. ernance concerns, the exec- Hyderabad year-on-year (yoy) increase in Chennai uted to recent wholesale In this regard, the bank’s utive described the episode Life insurers posted a 20.7 We are trying to first quarter standalone net lending growth in Q1, he recent decision to set up a as a “one-off”, and said there per cent year-on-year in- profit at ₹1,922 crore against Private sector bank In- get the lending said. “We are engaging with subsidiary for the stockbrok- was nothing systemic in the crease in first-year premium ₹1,752 crore in the year ago dusInd Bank is looking to relationships to evolve such companies and have ing business will also help of- bank’s current risk to ₹47,005 crore in July 2026, quarter, with the bottomline sharpen its growth strategy into broader customer done a few transactions,” he fer customers a broader architecture. compared with ₹38,958 being supported by other around small and medium relationships added. suite of financial products, “We have further re-em- crore in July 2025. income, reversal of previously enterprises (SMEs) and the Digital infrastructure en- allowing them to bank, in- phasised the ‘maker- As per data released by the recognised premium- mid-market segment by GANESH SANKARAN, terprise Lightstorm is one vest and trade through the checker’ architecture that Insurance Regulatory and deficiency provision and a leveraging its existing distri- Executive Director, such name, which raised same ecosystem, he said. already existed,” he said, Development Authority of decline in claims paid. GIC Re’s bution network and estab- IndusInd Bank ₹2,500 crore in debt from In- IndusInd has 3,000 noting that separate teams India, the Life Insurance net premium earned (net of lished customer relation- dusInd Bank for the buildout branches, besides a rural dis- were responsible for origin- Corporation of India drove reinsurance) in Q1FY27 was ships, a senior bank of a dedicated fibre network tribution network of a sim- ation, underwriting, portfo- the industry’s growth, with almost flat at ₹11,081 crore executive said. Sankaran is a senior growth of the supply chain for artificial intelligence ilar scale. lio risk, post-disbursement its premium rising 23.8 per (₹11,088 crore in Q1FY26). “That is one area where I banker with around 30 years around sectors such as de- (AI) infrastructure. monitoring and collections. cent to ₹27,993 crore from Income from investments was believe that as a franchise, of experience in wholesale, fence, electronics manufac- As for its strategy to grow GOVERNANCE CONCERNS The focus now is on ₹22,617 crore. Private life in- about 4 per cent lower at we can do a lot more, for a retail credit and SME, and turing, electric vehicles, data NIMs in a competitive land- The senior banker said he sharpening these controls surers collectively reported a ₹2,171 crore (₹2,261 crore). variety of reasons. The op- was recently elevated to the centres and others. scape, IndusInd Bank, ac- does not see recent geopolit- and building greater consist- 16.3 per cent increase to Other income jumped to portunity itself is very position of ED in April. The executive also poin- cording to the ED, is looking ical tensions as having ency in execution, he added. ₹19,011 crore. The number ₹77.45 crore (₹2.68 crore). Net large,” Ganesh Sankaran, ted to emerging private in- to build more sustainable li- caused significant stress in “Banking is a boring busi- of policies and schemes is- commission paid (net of Executive Director, In- KEY SEGMENTS vestment in renewable en- ability flows alongside loan its corporate book, but ex- ness. What we are trying to sued rose 0.9 per cent to commission received on dusInd Bank, said. “SME and Sankaran said he sees signi- ergy, data centres, network growth. pects changes in supply do is to make it a lot more 22.98 lakh during July. The reinsurance) rose 29 per cent mid-market is the space ficant headroom in the seg- infrastructure and electron- “We are trying to get the chains to create temporary predictable, a lot more bor- number of lives covered un- to ₹2387 crore (₹1,849 crore). where we want to grow,” he ment as India’s economy ex- ics manufacturing as areas lending relationships to increases in working capital ing to be more consistent in der group schemes declined OUR BUREAU added. pands, especially with the where the bank is already evolve into broader cus- requirements. execution,” he said. 6.6 per cent to 2.15 crore. UPI ecosystem draws $5.8 b in funding since 2021: Tracxn 4 about $9.4 billion. Paytm 4 Our Bureau TOP PLAYERS leads with $2.8 billion, fol- Bengaluru Over their lifetimes, lowed by PhonePe at $1.7 bil- the 10 best-funded lion and Cred at $1.5 billion. India’s payments ecosystem companies in the The ecosystem is also built around the unified pay- ecosystem have raised showing signs of maturity ments interface (UPI) has about $9.4 billion. through exits and consolida- attracted about $5.8 billion Paytm leads with tion. Since 2021, payments in private equity funding $2.8 b, followed by companies have recorded across 371 disclosed rounds PhonePe at $1.7 b eight IPOs and 25 acquisi- since 2021, with capital in- and CRED at $1.5 b tions. Public market exits in- creasingly concentrating clude Paytm, Pine Labs, Mo- around a handful of scaled biKwik and Zaggle. players, according to a ted for about 66 per cent of At the same time, larger Tracxn report. the disclosed funding since funded companies are in- Consumer facing pay- 2021. creasingly becoming ac- ments companies accounted Cred and PhonePe raised quirers. Razorpay has ac- for the largest share of fund- roughly $1 billion each dur- quired Ezetap and IZealiant, ing at about 53 per cent, or ing the period, while Pine while Pine Labs has acquired nearly $3.1 billion, followed Labs, Razorpay and BharatPe Setu and Mosambee. by business payments at 38 raised $641 million, $535 M2P, Juspay, PayU and per cent or around $2.2 bil- million and $440 million, Perfios have also pursued ac- lion. Payment infrastructure respectively. quisitions to add capabilit- and enablers, including APIs The report said the fund- ies, indicating consolidation and other underlying tech- ing trend peaked during the around larger full-stack nology, accounted for the re- 2021 start-up boom before platforms. maining 9 per cent, or about correcting through 2022-24, The report highlighted $526 million. with [Showing first 8,000 characters — download PDF for full document]