Shareholders meeting

Execution with Pace & Comfort August 31, 2026 To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Sub.: Notice of the 27th Annual General Meeting of the Company Dear Sir/Madam, With reference to the captioned subject, this is to inform you that the 27th Annual General Meeting of the Company for the FY 2025-26 is scheduled to be held on Wednesday, September 23, 2026, at 11.00 a.m. through Video Conferencing/Other Audio Visual Means ("VC/OAVM") facility. Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, please find enclosed herewith Notice of the 27th Annual General Meeting of the Company. Please take the same on your records and suitably disseminated at all concerned. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS 52919 Email Id: info@waareertl.com Enclosed: As above Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com 52 Waaree Renewable Technologies Limited | Annual Report 2025-26 Notice NOTICE is hereby given that the 27th (Twenty Seventh) if any, of the Companies Act, 2013 read with Annual General Meeting of the Members of Waaree the rules made thereunder, and based on the Renewable Technologies Limited (‘‘the Company’’) will recommendation of the Audit Committee and be held on Wednesday, September 23, 2026 at 11:00 a.m. Board of Directors, consent of the members be through video conferencing (“VC”)/ Other Audio Video and is hereby accorded for the re-appointment of Means (“OAVM”) to transact the following businesses: M/s. KKC & Associates LLP (formerly Khimji Kunverji & Co. LLP), Chartered Accountants (Firm Registration No. FRN 105146W/ W100621), as the Statutory ORDINARY BUSINESS Auditors of the Company, who have confirmed their 1. A doption of the Audited Standalone and eligibility in terms of the provisions of Section 141 of Consolidated Financial Statements of the the Companies Act, 2013 and Rule 4 of Companies Company (Audit and Auditors) Rules, 2014 for a second term To receive, consider and adopt: of five (5) consecutive years, to hold office from the conclusion of the ensuing Annual General Meeting To consider and, if thought fit, to pass, the following until the conclusion of the 32nd Annual General resolution as an ordinary resolution Meeting of the Company at such remuneration of 25 Lakhs p.a. a) the Audited Standalone Financial Statements of the Company for the financial year RESOLVED FURTHER THAT the Audit Committee/ ended March 31, 2026 including the Audited Board of Directors of the Company, be and are Standalone Balance Sheet as at March 31, 2026 hereby authorized to fix reimbursement of expenses and the Standalone Statement of Profit and or revise/ alter/ modify/ amend the terms and Loss and Cashflow for the year ended on that conditions and/ or remuneration, from time to date together with the Reports of the Board of time, as may be mutually agreed with the Auditors, Directors and Auditors thereon; and during the tenure of their appointment. b) the Audited Consolidated Financial Statements of the Company for the financial year SPECIAL BUSINESS ended March 31, 2026 including the Audited 4. To approve conversion of loan into equity Consolidated Balance Sheet as at March 31, 2026 and the Consolidated Statement of Profit To consider and if thought fit, to pass, the following and Loss and Cashflow for the year ended resolutions as Special Resolution on that date together with the Report of the Auditors thereon. “RESOLVED THAT pursuant to Section 62(3) and other applicable provisions, if any, of the Companies 2. Re-appointment of Director: Act, 2013 and Rules made there under and in To consider and, if thought fit, to pass, the following accordance with the Memorandum and Articles resolution as an ordinary resolution of Association of the Company and applicable regulations and subject to all such approval(s), To re-appoint a director, in place of Mr. Sunil Rathi consent(s), permission(s), sanction(s), if any, of (DIN: 08036090), who retires by rotation and being appropriate statutory, governmental and other eligible, has offered himself for re-appointment. authorities and departments in this regard and subject to such condition(s) and modification(s) 3. Re-appointment of Statutory Auditor: as may be prescribed or imposed, while granting To consider and if thought fit, to pass, the following such approval(s), consent(s), permission(s) or resolution as an ordinary resolution sanction(s), the consent of the Members of the Company be and is hereby accorded to the Board of “RESOLVED THAT pursuant to the provisions of Directors of the Company (hereinafter referred to as Sections 139, 141 and other applicable provisions, the “Board”, which term shall be deemed to include Statutory Reports 53 Notice (Contd.) any committee(s) constituted/to be constituted by instalments of the loan payable after the date the Board to exercise its powers including powers of conversion as per the financing documents conferred by this resolution), on the terms and shall stand reduced proportionately by the conditions contained in the financing documents, amounts of the loan so converted. The equity such terms and conditions to provide, inter alia, to shares so allotted and issued to the Lenders convert the whole or part of the outstanding loans or such other person identified by the Lenders of the Company (whether disbursed on or prior to shall carry, from the date of conversion, the or after the date of this resolution and whether then right to receive proportionately the dividends due or payable or not), (as already stipulated or and other distributions declared or to be as may be specified by the Financial Institutions/ declared in respect of the equity capital of the Banks and anybody corporate entity(ies) under the Company. Save as aforesaid, the said shares financing documents executed or to be executed shall rank pari passu with the existing equity in respect of the financial assistance which have shares of the Company in all respects. already been availed or which may be availed) by the Company under the lending arrangements with iv. In the event that the Lenders exercise the various Banks, Financial Institutions and anybody conversion right as aforesaid, the Company corporate entity(ies), (hereinafter collectively shall at its cost get the equity shares, issued referred to as the “Lenders”), at the option of to the Lenders or such other person identified the Lenders, the loans (hereinafter referred to by the Lenders as a result of the conversion, as the “Financial Assistance”), into fully paid up and list the shares in the Stock exchanges equity shares of the Company on such terms and where Company’s shares are presently listed conditions as may be stipulated in the financing and for the said purpose the Company shall documents and subject to applicable law and in take all such steps as may be necessary to the manner specified in a notice in writing to be ensure that the equity shares are listed in the given by the Lenders (or their agents or trustees) Stock Exchanges. to the Company (hereinafter referred to as the “Notice of Conversion”) and in accordance with the v. The conversion of the loan shall take place at a following conditions: price to be determined in accordance with the Finance Documents and subject to applicable i. the conversion right reserved as aforesaid laws prevailing at the time of such conversion. may be exercised by the Lenders on one or more occasions during t [Showing first 8,000 characters — download PDF for full document]