Shareholders meeting

August 31, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Dalal Street, Fort, Mumbai – 400 001 Company Symbol: WAAREEINDO Scrip Code: 533257 ISIN: INE866K01023 Subject Proceedings of the 17th Annual General Meeting (“AGM”) of Indosolar Limited (“the Company”) held on Monday, August 31, 2026. Reference Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) Dear Ma’am/Sir, Pursuant to the applicable circulars issued by the Ministry of Corporate Affairs (“MCA”) and in compliance with the provisions of the Companies Act, 2013 (“Act”) and the Listing Regulations, the 17th Annual General Meeting (“AGM”) of the Company was duly convened and held on Monday, August 31, 2026, at 11:03 a.m. (IST) through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”), to transact the business as set out in the Notice dated August 07, 2026 convening the said AGM. In this regard, please find enclosed herewith the Proceedings of the AGM as required under Regulation 30 of the Listing Regulations. The Proceedings of the AGM shall also be made available on the Company’s website at www.indosolar.co.in. The AGM commenced at 11:03 a.m. and concluded at 12:15 p.m. You are requested to kindly take the above information on record. Thank You For Indosolar Limited Akalpita Patel Company Secretary and Compliance Officer A40528 Indosolar Limited Registered Office: Unit No. 301, 3rd floor, Building 02, Southern Park", Saket, New Delhi-110017. Tel : +91-120-4762500 Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh, India | CIN: L18101DL2005PLC134879 PROCEEDINGS OF 17TH ANNUAL GENERAL MEETING HELD ON MONDAY, AUGUST 31, 2026, THROUGH TWO-WAY VIDEO CONFERENCING (‘VC’)/OTHER AUDIO VISUAL MEANS (‘OAVM’). Day & Date Monday, August 31, 2026 Time Commenced 11:03 a.m. Time Concluded 12:15 p.m. Mode Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) Deemed Venue Unit No. 301, 3rd Floor, Building 02, Southern Park, Saket, New Delhi – 110017 (Registered Office of the Company) The following Directors and Key Managerial Personnel attended the 17th AGM through VC: Sr. The AGM was attended by the following Directors, Key Managerial Location No. Personnel through VC: 01. Mr. Hitesh Chimanlal Doshi Chairman and Managing Director Mumbai, Maharashtra 02. Mr. Viren Chimanlal Doshi Director Member - (Stakeholder Relationship Committee) Mumbai, Maharashtra Member - (Corporate Social Responsibility Committee) 03. Mr. Hitesh Pranjivan Mehta Director Chairperson - (Stakeholder Relationship Committee) Member - (Audit Committee) Mumbai, Maharashtra Member - (Nomination and Remuneration Committee) Chairman - (Corporate Social Responsibility Committee) 04. Mr. Jignesh Devchandbhai Director and Chief Executive Officer China Rathod (KMP) 05. Ms. Anita Jaiswal Independent Director Member - (Audit Committee) Mumbai, Maharashtra Member - (Nomination and Remuneration Committee) 06. Mr. Jayesh Dhirajlal Shah Independent Director Chairperson - (Audit Committee) Chairperson - (Nomination and Remuneration Committee) Mumbai, Maharashtra Member - (Stakeholder Relationship Committee) Member - (Corporate Social Responsibility Committee) 07. Mr. Mahesh Ramdas Independent Director Mumbai, Maharashtra Chhabria 08. Mr. Nilesh Bhogilal Gandhi Independent Director Switzerland 09. Mr. Abhishek Pareek Chief Financial Officer (KMP) Mumbai, Maharashtra 10. Ms. Akalpita Harnish Patel Company Secretary and Compliance Mumbai, Maharashtra Officer (KMP) Indosolar Limited Registered Office: Unit No. 301, 3rd floor, Building 02, Southern Park", Saket, New Delhi-110017. Tel : +91-120-4762500 Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh, India | CIN: L18101DL2005PLC134879 The following invitees were also present at the Meeting: Sr. No. OTHER REPRESENTATIVES/ INVITEES LOCATION 1. Mr. Nitesh Musahib, Partner and Representative of M/s Mumbai, Maharashtra S.G.C.O Co. LLP, Chartered Accountants, Statutory Auditor 2. Mr. Aditya Shrinivasan, Partner of Mahajan & Aibara Mumbai, Maharashtra Chartered Accountant LLP, Internal Auditor 3. Ms. Priti Jajodia, proprietor of M/s Jajodia and Associates, Mumbai, Maharashtra Secretarial Auditor 4. Mr. Puneet Motwani, proprietor for M/s Puneet Motwani & Mumbai, Maharashtra Associates Scrutinizer for the 17th AGM Mr. Hitesh Chimanlal Doshi, Chairman and Managing Director of the Company, chaired the Meeting. Ms. Akalpita Patel, Company Secretary & Compliance Officer, welcomed the Members and introduced the Directors and invitees attending the Meeting. All of them were present at the Meeting through VC from their respective locations. Ms. Akalpita Patel, Company Secretary and Compliance Officer, confirmed to the Chairman that the requisite quorum for the Meeting was present. The requisite quorum being present, Chairman called the Meeting to order. Total 49 members were present to the meeting. The Chairman extended a warm welcome to all the Directors, Auditors, Invitees and Members present and stated that the Meeting was being held through VC/OAVM in compliance with applicable laws. Ms. Akalpita Patel, Company Secretary & Compliance Officer, briefed the shareholders on details relating to their participation at the Meeting through audio-visual means. The Company Secretary further informed the Members that the proceedings of the meeting were also being webcast and could be viewed live by Members by logging on to the website of the MUFG Intime India Private Limited (MUFG). The Company had taken the requisite steps to enable Members to participate and vote on the items being considered at the AGM. Since there was no physical attendance of Members and in compliance with the Circulars issued by the MCA and SEBI, Members were informed that the requirement of appointing proxies was not applicable. Further, the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode, should any Member request for the same. The Chairman, in his address to the Members, briefed the Company's performance for the financial year 2025-2026. He acknowledged the contribution of the Board, employees, and briefed about continued advantage drawn from being part of the Waaree Group and spoke on the outlook for India's solar sector and the Company's plans going forward. Thereafter, Chief Financial Officer briefed the Members on the Company's financial performance for the financial year 2025-2026. After this Company Secretary briefed the scope and implications of the agenda item and took up the resolutions as set forth in the notice of the meeting for consideration: Item Ordinary To consider and adopt the audited financial statements of the company for the No. 01 Resolution financial year ended March 31, 2026, and the reports of the board of directors and auditors thereon. Item Ordinary To appoint Mr. Hitesh Pranjivan Mehta (DIN: 00207506), who retires by rotation as No. 02 Resolution a director. Item Special To approve appointment of Mr. Nilesh Bhogilal Gandhi (DIN: 03570656) as an No. 03 Resolution independent director for a second term of 5 (five) consecutive years. Indosolar Limited Registered Office: Unit No. 301, 3rd floor, Building 02, Southern Park", Saket, New Delhi-110017. Tel : +91-120-4762500 Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh, India | CIN: L18101DL2005PLC134879 Item Ordinary To ratify the remuneration payable to M/s N. Ritesh & Associates, Cost Auditors, for No. 04 Resolution the financial year 2026-27. Item Ordinary To approve material related party transactions for the financial year 2026-27, No. 05 Resolution With the consent of the Members present, the Annual Report for the Financial Year 2025-2026, comprising the Board's Report, the Auditors' Report and the Manageme [Showing first 8,000 characters — download PDF for full document]