Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby thrilled to announce that Insolation Green Energy Private Limited, a ....

24th August, 2026 To, To, The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, ‘Exchange Plaza’ C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code: 543620 NSE Symbol: INA Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Letter of award (LOA) for setting up 9 solar power project aggregating total capacity 99 MW AC (128.7 MW DC) awarded to our Wholly Owned Subsidiary Insolation Green Energy Private Limited by Maharashtra State Electricity Distribution Co. Ltd generating sustainable revenue of INR 59.72 Crores per annum for next 25 Years Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are thrilled to announce that Insolation Green Energy Private Limited, a Wholly Owned Subsidiary of Insolation Energy Limited has received an letter of award for setting up 9 solar power projects from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) in different territory of state of Maharashtra aggregating total power generation capacity 99 MW AC (128.7 MW DC) under Mukhyamantri Saur Krushi Vahini Yojana - 2.0. Those orders are awarded under Tariff based Competitive Bid invited by (MSEDCL), for setting up of grid connecting solar power projects at multiple locations in state of Maharashtra. Following implementation, the combined SPV Solar Power Plants covered under these LOAs shall have a cumulative capacity of 99 MW AC (128.7 MW DC). Based on the finalized levelized tariff of ₹2.90 per unit across all nine sites, the project is expected to generate an annual revenue of approximately INR 59.72 crores. The project will also provide a sustainable and stable revenue stream throughout its operational life of 25 Years. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as Annexure - 1. This is for your information and records. Thanking You, For and on behalf of Insolation Energy Limited Nitesh Sharma Company Secretary & Compliance Officer ACS: 66702 Encl.: As above Annexure – 1 Disclosure in terms of Regulation 30 of the SEBI Listing Regulations, SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 S. N.. Particulars Disclosures 1 Name of the entity awarding the order(s)/contract(s) The Contract have been awarded by the Maharashtra State Electricity Distribution Co. Ltd.. 2 Significant terms and conditions of order(s)/contract(s) Setting up 9 Solar Power Projects in multiple territories awarded in brief from decentralized ground-mounted solar power projects covered with 25 year Power Purchase Agreement (PPA) to supply electricity. 3 Whether order(s) /contract(s) have been awarded by Domestic domestic/ international entity 4 Nature of order(s) / contract(s) Setting up Solar Power Projects aggregating total power generation capacity 99 MW AC ( 128.7 MW DC) through 9 Solar Power Plant in Maharashtra and operate, maintain and supply power for 25 Years under long term PPA. 5 Whether domestic or international Domestic 6 Time period by which the order(s)/contract(s) is to be To be commissioned within 18 months from the date of executed execution of the PPA. 7 Broad consideration or size of the order(s)/contract(s) The contract will entail an investment of approximately ₹425 crore (including GST) for the establishment of 128.70 MW (DC) Solar Power Plants. 7A The 99 MW Solar Power plants will generate annual electricity units and annual revenue as follows: - S. No. No. of Order Order Rate per Unit Generation Total Unit Total Revenue sites Quantity Quantity Unit per MW in a Generation per per Year (Amount (A) in MW in MW (Kwh) Year (Kwh) Year (Kwh) in Rs.) AC DC (D) (E) (F)=(C)x(E) (G)=(F)x(D) (B) (C) 1 9 99 128.70 2.90 16,00,000 20,59,20,000 59,71,68,000 Total 9 99 20,59,20,000 59,71,68,000 8 Whether the promoter/ promoter group/group No Companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof 9 Whether the order(s)/contract(s) would fall within No related party transactions? If yes, whether the same is done at “arm’s length”