Avyan Pashupathy Capital Advisors Private Limited having transferred its entire 30.94% stake by way of inter-se transfer, has sought re-classification from "Promoter/ Promoter group" to ....

August 14, 2026 The BSE Limited 1 Floor, New Trading Wing, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Fort Security Code No.: 531260 Mumbai – 400001, Maharashtra RE: Regulation 30 read with 31A(8)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Subject: Intimation of receipt of request from one of the Promoters requesting re-classification to ‘public’ category in the shareholding pattern in accordance with the provisions of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“SEBI LODR Regulations”). Dear Sir/ Madam, Avyan Pashupathy Capital Advisors Private Limited (“APCAPL”) 13,91,869 With reference to the captioned subject and our earlier disclosure dated , we would like to inform all our equity shares (30.94% of the voting rights of the Company) stakeholders that , which held August 14, 2026 , and forming part of the Promoter/Promoter “Promoter/Promoter Group” to “Public” Group of the Company, has submitted a request letter dated to the Board of Directors of the Company seeking re-classification of its status from the category of category, pursuant to Regulation 31A of the SEBI LODR Regulations. inter alia APCAPL, in its request letter, has, , confirmed that the request for re-classification has been made voluntarily and independently and without any coercion or undue influence. A copy of the request letter dated August 14, 2026 received from APCAPL is enclosed herewith. inter-se transfer of equity shares amongst the Promoter/ Promoter Group August 14, 2026 APCAPL shall hold Nil equity shares in the The Company further informs that, pursuant to the Company , which has been effected on , The aforesaid request of APCAPL shall be placed before the Board of Directors of the Company for consideration in accordance with Regulation 31A of the SEBI LODR Regulations and other applicable laws. The Company shall make the requisite further disclosure regarding the outcome of the Board's consideration of the request, in accordance with applicable provisions of the SEBI LODR Regulations. You are requested to take the above information on record and disseminate the same on your website. Thanking you. For Refex Renewables & Infrastructure Limited Yours faithfully, Vinay Aggarwal Company Secretary & Compliance Officer ACS-39099 Refex Renewables & Infrastructure Limited A Refex Group Company Registered Office: 2nd Floor, Refex Towers, Sterling Road Signal, 313, Valluvar Kottam High Road, Nungambakkam, Chennai – 600034, Tamil Nadu P: 044 4340 5950 | E: cs@refexrenewables.com | W: www.refexrenewables.com tf&r AVYAN PASI-IIJPATHY CAPITAL ADVISORS PRIVATE LIMITED Cl N : U93000TN 2016 PTC 1 L?6?3, GSTI N ; 33AAOCA7 826R2ZV 30/5, First Cross $treet, R.A. Puram, Chennai - 600 028, Tamil Nadu, lndia. Request for reclassification from promoter / promoter group to Public August 74,2026 The Board of Directors Refex Renewables & lnfrastructure Limited 2nd Floor, Refex Towers, Sterling Road Signal, 313, Valluvar Kottam High Road, Nungambakkam, Chennai - 600034 Tamil Nadu E: eg@ refeXfflgwables.com Subject: Request for reclassification from the category of "Promoter/Promoter Group" to "Public" pursuant to Regulation 31A of the SEBI (tisting Obligations and Disclosure Requirements) Regulations ,20t5. Dear Sirs/Madam, We, Avyan Pashupathy Capital Advisors Private Limited, presently forming part of the Promoter/ Promoter Group of Refex Renewables & Infrastructure Limited (hereinafter referred to as the "Company"), hereby request the Board of Directors of the Company, to consider and approve our reclassification from the category of "Promoter/Promoter Group" to "Public", in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2OLs (hereinafter referred to as the "SEBI LODR Regulations"), as amended from time to time. We confirm that we have independently taken the decision to seek such reclassification and that the request is being made voluntarily and without any coercion or undue influence. We further confirm and declare that, as on the date of this letter and to the best of our knowledge and belief: 1'. We do not hold more than IA% of the total voting rights in the Company and having zero shareholding. We do not exercise control over the affairs of the Company, directly or indirectly. 3' We do not have any special rights in the Company through formal or informal arrangements, including through any shareholder agreements. We are not represented on the Board of Directors of the Company and do not have the right to nominate any director on the Board. 5. We do not hold any position of Key Managerial personnel in the Company. We are not a "wilful defaulter" as per the applicable regulations of the Securities and Exchange Board of lndia. We are not a fugitive economic offender, We are not exercising any control, directly or indirectly, over the Company. We are not acting as a promoter of the Company and do not have any intention to co over the Company in the future. 10. We are not acting as a person acting in concert with any person classified as a pro Cnmpany, 11. There is no direct or inclirect arrangement or understanding pursuant to which I would exercise control over the Cornpany or its affairs following my reclassification. L2. The proposed reclassification is not intended to circumvent or evade the provisions of the SEBI LODR Regulations or any other applicable law, regulation or requirement. We further confirm and declare that, as on the date of this letter, we, along with any person related to us, together, do not hold any share or voting rights in the Company. We undertake to promptly inform the Company of any change in the above circumstances which may affect my eligibility for reclassification under Regulation 314 of the SEBI LODR Regulations. We undertake that subsequent to re-classification as public, we shall comply with the following conditions: (a) we shallcontinue to comply with conditions mentioned at sub-clauses (i), (ii) and (iii) of clause (b)of sub-regulation 3 of the SEBI LODR Regulations, at all times from the date of such re-classification failing which, we shall automatically be reclassified as promoter/ persons belonging to promoter group, as applicable; (b) we shall comply with conditions mentioned at sub-clauses (iv) and (v) of clause (b) of sub-regulation 3 of the SEBI LODR Regulations, for a period of not less than three years from the date of such re- classification failing which, we shall automatically be reclassified as promoter/ persons belonging to promoter group, as applicable. We request the Board to take this letter on record and consider my request for reclassification in accordance with Regulation 31.A of the SEBI LODR Regulatlons and other applicable laws, including obtaining such approvals from the stock exchange(s), shareholders and/or other regulatory authorities as may be required. We also request the Company to make the necessary disclosures and filings with the stock exchange(s) and take all consequential steps for giving effect to my reclassification from "Promoter/promoter Group" to "Public", subject to receipt of all requisite approvals. We confirm that we shall provide such further information, documents, declarations or confirmations as may be reasonably required by the Company, its advisors, the stock exchange(s) or any other regulatory authority in connection with the proposed reclassification. Thanking you Yours faithfully, For Avyan Pashupathy Capital Advisors private Limited (PAN: AAOCA7826R) Chennai 600028 Gopa Pashupathy Shankar Director DIN:02316894 Address: 30/5 1't Cross Street, RA Puram, Chennai-600028, Tamil Nadu, lndia E ma i I : pF,p*pq.J aJ @ g"m a i l, gp'm Date: August 14,2026 Place: Chennai