NSEGeneral Updates1d ago · 29 Aug 2026, 07:17 pm

General Updates

Borana Weaves Limited · BORANA

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Borana Weaves Limited has informed the Exchange about the delay in commissioning timelines of the 9.9 MW Hybrid Power Project due to factors beyond the project developer's control.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Borana Weaves Limited has informed the Exchange about Update on delay in commissioning timelines of the 9.9 MW Hybrid Power Project

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BORANA_29082026191330_BWL_ANNOUNCEMENT.pdf

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BORANA > WEAVES LTD Weaving Dreams Date: 29-08-2026 To, To, BSE Limited National Stock Exchange of India Limited P.]. Towers, Dalal Street, N Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai 400001 Bandra East, Mumbai - 400051 Sub: Update on delay in commissioning timelines of the 9.9 MW Hybrid Power Project NSE Symbol: BORANA Scrip Code: 544404 Dear Sir/Madam, Pursuant to Regulation 30 oft he SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of the Company's earlier intimation dated June 18, 2026, we wish to inform you that the commissioning timeline of the 9.9 MW Hybrid Power Project at Kalikanagar, Gujarat, has been revised. As per the latest communication received from the project developer, the commissioning is now tentatively scheduled as follows: (i) one WTG location along with the 7.65 MW solar component is expected to be commissioned by September 30, 2026; and (ii) the remaining two WTG locations are expected to be commissioned by the end of October 2026. The delay is attributable to factors beyond the project developer's control, including high wind speeds affecting WTG erection, heavy monsoon conditions requiring additional logistics-road rework, and delay in obtaining shutdowns of existing 33 kV and 11 kV lines for the 33 kV transmission-line work. The Company will keep the Stock Exchanges and stakeholders informed of any developments in accordance with applicable regulations. You are requested to take the above on record and disseminate the same to all concerned. Thanking you, Yours faithfully, For Borana Weaveg Rajk 5 DIN: 01091166 Place: Surat Encl.: Communication received from the project developer regarding the revised commissioning timeline. Regd. Office : Plot No. B 5/3, B 5/4, B 5/5, B 5/6, B 5/7, B 5/7/1, Road No.9, Hojiwala Ind. Estate, SUSML, Sachin, Surat-394230 17299GJ2020PLC117745 +91 98984 26338 www.boranagroup.in info@boranagroup.in Ciean Max Enviro Energy Solutions Limited Cl M (Formerly known as Clean Max Enwr;’Exeray ‘Solutians Private L!Imted) e a n a X PG WERMG ZUSTANNABILITY Date: 29-08-2026 Borana Weaves Limited Surat. Sub: Update with respect to the commissioning timelines of the 9.9 MW Hybrid Power Project Dear Sir/Madam, This is to inform you that the commissioning of the 9.9 MW hybrid project at Kalikanagar, Gujarat, was earlier expected by 31 Aug 2026, but has been delayed and is now 1 WTG location with Solar (7.65 MW) is tentatively expected to commission before 30" Sep’26, & 2 WTG locations are tentatively expected to commission by the end of Oct’26 due to factors outside our control. The delay events are namely high wind speeds halting WTG erection and heavy monsoon at site, because of which rework of the logistics road took more time. Due to the nearby industry Hub unable to get the timely shutdown of the existing 33 & 11 KV Line from Private developer & GETCO/PGVCL for 33KV TL work, preventing us from achieving the commissioning on time. For Clean Max Enviro Energy Solutions Limited Vanita Balkrushna Ghuge. Project manager 7021507876 Registered & Head Office Address: 4th Floor, The International, 16 Maharshi Karve Road, New Marine Lines, Cross Road No. 1, Churchgate, Mumbai— 400020, Maharashtra, India | +91 22 6252 0000 | www._cleanmax.com | info@cleanmax.com India | UAE | Thailand CIN :L93090MH2010PLC208425