Amendment to AOA/MOA

“SUTL SOLAR August 24, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (E), Mumbai 400 051 Mumbai 400 001 Maharashtra, India Maharashtra, India Scrip Symbol : UTLSOLAR Scrip Code: 544613 Subject: Outcome of the Board Meeting held today ie. August 24, 2026 Dear Madam/ Sir, With reference to the captioned subject, please be informed that pursuant to Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (*SEBI Listing Regulations”), this is to inform you that, the Board of Directors of Fujiyama Power Systems Limited (“The Company’) at its meeting held today i.e. Monday August 24, 2026 has, inter alia, considered and approved: 1. Amendment in Articles of Association of the company The details as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time, is enclosed as “Annexure - A”. 2. Re-appointment of Mr. Sunil Kumar (DIN: 09824459), as director liable to retire by rotation The details as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time, is enclosed as “Annexure — B”. 3. Approval for enhancement of Lithium Batteries manufacturing capacities by 1 GWh at the Ratlam Plant, Madhya Pradesh The details as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time, is enclosed as “Annexure - C”. 4. Approval for establishment of 1 GWh Tubular Batteries’ manufacturing facility at Hathras, Uttar Pradesh The details as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026 as amended from time to time, is enclosed as “Annexure - D”. The meeting commenced at 03:30 P.M. (IST) and concluded at 07:00 P.M. (IST). The above details will also be available on the website of the Company at https://www.utlsolarfujiyama.com/ Kindly take the same on record. Thanking you. Yours Sincerely, For Fujiyama Power Systems Limited (Formerly Fujiyama Power Systems Private Limited) MAYURI 2" GUPTA Bini! Mayuri Gupta Company Secretary and Compliance Officer M. No.: A75210 FUJIYAMA POWER SYSTEMS LIMITED (Formerly Fujiyama Power Systems Private Limited) 53A/6, Near NDPL Grid Office, Near Metro Station, Industrial Area, Sat Guru Ram Singh Marg, Delhi - 110015, India CIN - L31909DL2017PLC326513, GST No - O7AADCF2634FIZY www.utisolarfujiyama.com : : +91 9968309514, 9968309517, E-mail: investor@utlsolarfujiyama.com SUTL SOLAR Annexure-A The details, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026, are as under: S. No | Details Particulars 1. Amendment to Article of Association — Proposed Amendment The Board of Directors of the Company at its meeting held on Monday, 24" August, 2026 approved the alteration in Articles of Association of the Company by making Joint Managing Director(s) as Rotational Directors to ensure the flexibility in Composition of Board of the Company. The proposed amendment is intended to align the Articles of Association with the provisions of the Companies Act, 2013 and to ensure that the Joint Managing Director(s), being non-independent Directors, are also included among the Directors liable to retire by rotation. FUJIYAMA POWER SYSTEMS LIMITED (Formerly Fujiyama Power Systems Private Limited) 53A/6, Near NDPL Grid Office, Near Metro Station, Industrial Area, Sat Guru Ram Singh Marg, Delhi - 110015, India CIN - L31909DL2017PLC326513, GST No - OVAADCF2634F1IZY www.utlsolarfujiyama.com Ph : +91 9968309514, 9968309517, E-mail: investor@utlsolarfujiyama.com GUTL SOLAR Annexure-B The details, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026, are as under: S. No Details Particulars 1. Reasons for change viz. appesntment / re- Based on the recommendation of appointment, resiznatien,remedveaatlh Nomination & Remuneration Committee erethermise the Board has approved the re-appointment of Mr.Sunil Kumar (DIN: 09824459). Date of Appointment/ re-appointment & 24 August, 2026 ; term of appointment/ re-appointment Re-appointment upon retirement by rotation, subject to the approval of the Members at the ensuing Annual General Meeting. The re-appointment shall be on the terms and conditions applicable to him as a Director of the Company. Brief Profile (in case of appointment) He has completed his Bachelor of Technology in electrical engineering from the prestigious Indian Institute of Technology, Delhi. Over a_ software engineering career spanning more than twenty-five years, he has accumulated deep technical expertise in developing advanced software solutions. His past professional achievements include serving in senior engineering and technical leadership roles at global technology giants, most notably Google LLC, Xilinx Inc. and Mentor Graphics. Disclosure of relationships between Related to Mr. Yogesh Dua who is Joint directors (in case of appoimtment of a Managing Director & CEO of the company. director) Information as required Circular No. Not debarred from holding the office of a LIST/COMP/ 14/2018- 19 and director by virtue of any order passed by NSE/CML/2018/24 SEBI FUJIYAMA POWER SYSTEMS LIMITED (Formerly Fujiyama Power Systems Private Limited) 53A/6, Near NDPL Grid Office, Near Metro Station, Industrial Area, Sat Guru Ram Singh Marg, Delhi - 110015, India CIN - L31909DL2017PLC326513, GST No - O7AADCF2634FIZY www.utlsolarfujiyama.com Ph : +91 9968309514, 9968309517, E-mail: investor@utlsolarfujiyama.com GUTL SOLAR Annexure-C The details, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026, are as under: S.No | Details Particulars 1. Existing capacity 0.5 GWh of lithtum battery manufacturing capacity at Company Greater Noida facility. 2. Existing capacity utilization The existing operational lithium battery manufacturing capacity at the Company’s Greater Noida facility is approximately 0.5 GWh, with capacity utilisation of approximately 70%. 3. Proposed capacity addition The Company proposes to add 1 GWh of lithium battery manufacturing capacity at its Ratlam Plant, Madhya Pradesh, in addition to the earlier announced 2 GWh expansion at the same facility. 4. Period within which the proposed capacity | The proposed capacity is expected to be is to be added commissioned and commence commercial operations by Q2 FY 2026-27. 5. Investment required The estimated investment/ budget for the proposed incremental capacity addition of 1GWh is approximately ¥5 crore. 6. Mode of financing Internal accruals 7. Rationale The proposed capacity addition is aimed at strengthening the Company’s lithium battery manufacturing capabilities, enabling it to cater to the anticipated market demand and supporting its growth plans in the energy storage segment. Upon completion of the earlier announced 2 GWh expansion and the proposed additional 1 GWh capacity, the lithium battery manufacturing capacity at the Ratlam Plant is expected to reach approximately 3.5 GWh. FUJIYAMA POWER SYSTEMS LIMITED (Formerly Fujiyama Power Systems Private Limited) 53A/6, Near NDPL Grid Office, Near Metro Station, Industrial Area, Sat Guru Ram Singh Marg, Delhi - 110015, India CIN - L31909DL2017PLC326513, GST No - O7AADCF2634FIZY www.utlsolarfujiyama.com Ph : +91 9968309514, 9968309517, E-mail: in [Showing first 8,000 characters — download PDF for full document]