Outcome of Board Meeting

6th July 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: Outcome of the Board Meeting held on 6th July 2026 We would like to inform you that pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, the Board of Directors of the Company at their meeting held today i.e. 6th July 2026, have, inter alia, considered and approved the following: 1. Recommendation for Approval of the below mentioned items by the shareholders of the company in the ensuing 31st Annual General Meeting (AGM): a) Material Related Party Transactions with the subsidiary of the Company viz., USolar Assetco Four Private Limited b) Material Related Party Transactions of SWELECT SolarKraft Private Limited with Gridnex Solar Power Private Limited c) Material Related Party Transactions between the Company and Gridnex Solar Power Private Limited 2. Addendum to the Notice of 31st Annual General Meeting (AGM) of the Company to be held on 31st July, 2026. The Board of Directors have also approved the addendum to the notice of the 31st AGM containing the Resolutions and Explanatory statement for obtaining the shareholders' approval with regard to the above mentioned Material Related Party transactions. The meeting commenced at 11.30 Hrs. and ended at 16:30 Hrs. We request you to kindly take on record the above compliance. Thanking you, Yours faithfully, For SWELECT ENERGY SYSTEMS LIMITED R Chellappan Whole-time Director and Vice Chairman DIN:00016958 Encl.: a/a