General Business update

August 14, 2026 Dept. of Corporate Services, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai- 400001, Mumbai - 400 051, Maharashtra, India. Maharashtra, India. Scrip Code: 504341 Scrip Code: RELTD ISIN : INE206N01018 Sub: General announcement to the stakeholders of ‘Ravindra Energy Limited’ about ‘Renewable Energy Business’ and ‘Electric Vehicle Business Activities’ update of the Company. Dear Sir/Madam, we are pleased to announce the business update to the stakeholders of ‘Ravindra Energy Limited’ (REL) about ‘Renewable Energy Business’ and ‘Electric Vehicle Business Activities’ of the company. We would like to inform that, the company has submitted quarterly/year to date financial results for the period ended June 30, 2026 with BSE Limited and The National Stock Exchange of India Limited (stock exchanges). The details of the above-described business update period ended June 30, 2026 are provided as enclosure to this letter as ‘Annexure - A’. The said announcement is also being made available for stakeholders on the website of the Company at www.ravindraenergy.com You are requested to take the above announcement on your record and disseminate the same for the information of the stakeholders. Thanking you. Yours faithfully, For Ravindra Energy Limited Madhukar Shipurkar Company Secretary and Compliance officer Membership No. A64947 Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P +91-831-2406600 | CIN L40104KA1980PLC075720 | W www.ravindraenergy.com | E contact@ravindraenergy.com Business Update 14 August 2026 Renewable Energy Generation business (portfolio update) Capacity No. of Locations/Projects Off taker State COD/SCOD PPA signed Land Acquired (MWp) (A) Operating Portfolio MSKVY – 1 19 MSEDCL Maharashtra 135.8 Oct-25 MSKVY – 2 15 MSEDCL Maharashtra 58.7 Jun-26 Karnataka Karnataka 14 Karnataka 34.2 Aug-17 DISCOMs Maharashtra & Rooftop 21 Pvt consumers 5.1 2018-25 Karnataka Wind Asset (51% stake) 1 Pvt consumers Maharashtra 1.3 Mar-06 Open Access 7 Pvt consumers Maharashtra 26.2 Oct-25 - May-26 Sub Total (A) 77.0 261.2 (B) Under Construction & Development Open Access 1 Pvt consumer Maharashtra 3.8 Dec-26 Yes Yes MSKVY – 3 23 MSEDCL Maharashtra 156.0 Sep-27 Yes 6 out of 23 Karnataka-2 13 HESCOM Karnataka 71.3 Jan-27 Yes 10 out of 13 Sub Total (B) 37 231.10 Grand Total (A+B) 114 492.3 MSKVY: Mukhyamantri Saur Krushi Vahini Yojana (Maharashtra) Renewable Energy Generation Quarter Ended Year ended June-26 June-25 Increase/ Mar-26 No of Locations MWp (KWh in Lakhs) (KWh in Lakhs) Decrease in % (KWh in Lakhs) MSKVY Phase-I 19 135.8 530.4 102.5 - 1,255.5 MSKVY Phase-II 15 58.7 132.7 - - 44.3 Karnataka 14 34.2 138.1 122.3 12.9% 469.2 Rooftop 21 5.1 19.3 16.8 14.8% 64.8 Wind Asset 1 1.3 5.7 5.7 -0.2% 13.8 Open Access 7 26.2 51.6 - - 93.5 Total 77 261.2 877.8 247.3 1,941.1 Operational performance Quarter Ended Sales (units) Units 30th June 2026 31st Mar 2026 31st Dec 2025 E-HCV Sales Nos 58 152 55 E-HCV Lease Nos 29 10 10 Charging Network Sales in mWh 3,352 1,615 712 Swap Station locations Nos 7 2 2 Stand-alone chargers Nos 7 2 2 NETWORK PERFORMANCE · TILL 31 JULY 2026 29.5 Total number of battery swaps across all stations Thousand Total number of charging sessions across all chargers Thousand Total energy dispensed All stations combined Million kWh Network Expansion Clustered around freight density, anchor customers Mumbai · JNPA India’s largest container port National Capital Region High pollution zone with incentives for EV Kandla & Mundra Major west-coast ports Ludhiana. Delhi. Mumbai. Pune NH-48 running through dense industrial corridor Operational battery swapping stations (BSS) in India- 1,008 swaps per day Mundra. Kandla. Ahmedabad Gujrat’s arterial route Target BSS to be operational by 31 Mar 2027 across the corridors listed alongside Electric Heavy Vehicle Assembly Plant With 5,000 Units p.a. Capacity To be commissioned in October 202 6 North -West View of the Plant End of Line Testing Conveyor Assembly Line Wheel Assembly Station Partnership Update: CATL Battery Assembly Plant in Talegaon, Pune • CATL to supply 0.5 GWh (500 MWh) of advanced LFP battery cells & pack kits • First in India to deploy CATL's new-generation LFP battery platform — EIM is the launch customer for 282 kWh 400 kWh 42% heavy commercial vehicles • Upgraded CB7T0 cell & L324D06 pack platform — higher energy density and longer cycle life than earlier CB230 cells • Configured into 400.6 kWh systems for EIM's Ashwa 4×2 e-tractors, fitted into India-optimised swappable battery boxes • EIM will assemble the battery pack systems in our battery assembly plant coming up in Talegaon, Pune. 39.2% Same footprint. 42% more capacity CATL global battery market share, 2025 Financing of EIM Vehicles to Our Customers 13 financing partners across banks, NBFCs and leasing companies — all onboarded for EIM e-truck financing Banks NBFCs Leasing Companies 07 03 03 7 financing institutions 3 financing institutions 3 financing institutions Loan to value up to 85% · Fast-track disbursement · Loan to value upto 90% 100% financing · Operating/Financial Lease Flexible eligibility criteria Yes Bank Tata Capital Drivn Axis Bank HDFC Bank Kotak Bank Bajaj Finance Stride Green ICICI Bank IDFC Bank Sundaram Finance Vertello Bandhan Bank EIM- Financial performance Quarter Ended Parameter Units 31st June 2026 31st Mar 2026 31st Dec 2025 E-HCV Sales In ₹ million 352.2 966.1 329.5 E-HCV Lease In ₹ million 10.3 6.4 1.0 Charging Network Sales In ₹ million 65.3 38.6 17.2 Total In ₹ million 427.9 1,011.0 347.6 PAT / (Loss) In ₹ million (211.3) (89.8) (45.6) THANKS!