WEBSOL ENERGY SYSTEM LTD.

Websol Renewables Private Limited, a wholly-owned subsidiary of Websol Energy System Limited, has appointed Mr. Vinay Vyas as its Chief Executive Officer. Mr. Vyas brings over 18 years of experience in renewable energy and energy storage, having worked on a clean energy portfolio exceeding 8 GW and led the development of a green hydrogen and ammonia project. His prior roles include CEO of FusionX Energy and Group Lead at Welspun Group. This appointment is part of Websol's strategy to expand its presence along the solar value chain and strengthen its manufacturing capabilities.

Websol Energy System Ltd announced the appointment of Mr. Vinay Vyas as the Chief Executive Officer of its wholly owned subsidiary, Websol Renewables Private Limited. Mr. Vyas brings over 18 years of experience in renewable energy and energy storage, with a track record in developing large-scale clean energy projects. His appointment is effective October 21, 2026. This move aligns with Websol's strategy to expand its presence along the solar value chain and increase manufacturing capacity.

Websol Energy System Ltd has announced that its Board of Directors will convene on November 4, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The trading window for the company's equity shares will remain closed from October 1, 2026, until November 6, 2026, inclusive.

Websol Energy System Ltd has filed revised disclosures regarding the release of encumbration on promoter shares under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revision specifically adds the 'reason for encumbrance' which was 'Loan'. The total promoter holding already encumbered has been reduced from 26.57% to 21.92% following the release on September 10, 2026. Promoter Shri Sohan Lal Agarwal, SL Industries Pvt Ltd, and Websol Green Projects Pvt Ltd are involved in this disclosure.

Websol Energy System Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from October 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending September 30, 2026. This measure is in compliance with the company's "Code of Conduct to Regulate, Monitor and Report trading by Designated Persons" and SEBI (Prohibition of Insider Trading) Regulations, 2015, aimed at preventing insider trading.

Websol Energy System Ltd announced changes in its directorate following its 36th Annual General Meeting (AGM) held on September 22, 2026. Shareholders approved the appointment of Mr. Sanjay Kumar as a Non-Executive Non-Independent Director and Mr. Dinesh Agarwal as a Non-Executive Independent Director for a term of five years, effective August 10, 2026. Additionally, Mr. Rajeewa R Arya retired as a director due to personal reasons, and Ms. Sanjana Khaitan was re-appointed after retiring by rotation.

Websol Energy System Ltd has been allotted approximately 54.20 acres of land by the Government of West Bengal at Falta Industrial Park for its proposed greenfield solar manufacturing facility. This new facility will have a capacity of 4 GW for solar cells and 4 GW for solar modules, to be developed in two phases. The company chose West Bengal to leverage its existing operational experience, skilled workforce, and established supplier relationships, aiming for faster execution. This expansion is part of Websol's strategy to contribute to India's growing renewable energy needs and strengthen domestic solar manufacturing capabilities.

Websol Energy System Ltd's Chairman and Executive Director delivered speeches at the 36th AGM, highlighting FY2026 as a transformative year. The company crossed ₹1,000 Crore revenue, funded its Phase 2 expansion through internal accruals, and recommended a dividend for the first time in a decade. Websol is upgrading to TOPCon technology and expanding into module manufacturing, with plans for backward integration into wafer production. By 2028, the company aims to scale manufacturing capacity to 5,350 MW of solar cells and 4,550 MW of solar modules, positioning itself as a major vertically integrated solar provider.

Websol Energy System Ltd has disclosed the release of 9,51,72,110 equity shares, representing 21.92% of the company's share capital, which were previously pledged with Indian Renewable Energy Development Agency Limited. This disclosure, made by promoter Sohan Lal Agarwal and promoter group entities SL Industries Pvt Ltd and Websol Green Projects Pvt Ltd, pertains to the invocation of encumbrance under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The reporting date is September 10, 2026. The total promoter holding after this release is 26.57% of the total share capital.

Websol Energy System Ltd has announced that its Board of Directors, in a meeting held on April 27, 2026, approved a final dividend of ₹0.25 per equity share for the financial year 2025-26. This dividend is subject to shareholder approval at the Annual General Meeting scheduled for September 22, 2026. The record date for determining eligible shareholders for this dividend payment has been set as Tuesday, September 15, 2026.