Indosolar Ltd

AGM Details

• Date, time, mode: 31 August 2026 at 11:00 AM via VC/OAVM.
• Remote e-voting cut-off: 24 August 2026; voting window: 27–30 August 2026.
• Deemed venue: registered office address.
• Notice and Integrated Annual Report dispatched on 7 August 2026.

Key Resolutions

• Adopt audited financial statements for the year ended 31 March 2026.
• Re-appoint Hitesh Pranjivan Mehta as Director (retiring by rotation).
• Appoint Nilesh Bhogilal Gandhi as Independent Director for a second term.
• Ratify remuneration to Cost Auditors for FY 2026-27.
• Approve material related party transactions with Waaree Energies Limited for FY 2026-27.

Voting Results

• Voting results for all resolutions: not disclosed in this filing.

Dividend

• Dividend: No dividend declared for the financial year 2025-2026.

Director Changes

• Amit Paithankar resigned as CEO and Director on 16 January 2026.
• Jignesh Rathod appointed Director and CEO from 16 January 2026; regularised 2 February 2026.
• Sonal Shrivastava resigned as CFO on 20 March 2026; Abhishek Pareek appointed CFO from 20 April 2026.
• Shiv Kumar Agarwal resigned as Independent Director on 28 January 2026.
• Nilesh Gandhi appointed Independent Director for a second term from 20 April 2026.
• Hitesh Pranjivan Mehta retires by rotation at AGM; eligible for reappointment.

Auditor Appointments

• Statutory auditors: SGCO & CO. LLP appointed for a 5-year term ending 2027.
• Cost Auditor: N. Ritesh & Associates appointed for 2026-27; remuneration INR 40,000 plus GST.
• Secretarial Auditor: Jajodia & Associates engaged for Secretarial Audit.

Material Related Party Transactions

• Related party: Waaree Energies Limited (promoter/holding company).
• Past RPTs with Waaree Energies Limited: sale of modules Rs 29,416.54 Lakhs; services Rs 20,116.45 Lakhs; raw materials purchase Rs 7,228.48 Lakhs; loan Rs 36.75 Lakhs.
• Proposed FY2026-27 RPT with Waaree Energies Limited: Rs 905 Crore; 133.12% of last year’s turnover; arm’s length.

AGM notice and voting timelines

• 17th AGM scheduled for Aug 31, 2026 at 11:00 A.M. via VC/OAVM.
• Deemed venue: Registered Office, New Delhi.
• Cut-off date for remote e-voting fixed at Aug 24, 2026.
• Remote e-voting window opens Aug 27, 2026 at 10:00 A.M. and closes Aug 30, 2026 at 5:00 P.M.
• MUFG Intime India Private Limited will provide remote voting services.
• Intimation confirms AGM for 2025-2026 financial year.

AGM Details

• AGM via VC/OAVM on 31 August 2026 at 11:00 IST.
• Record date for remote voting: 24 August 2026.
• Remote e-voting window: 27–30 August 2026.

Resolutions Put to Vote

• Ordinary: adopt audited financial statements for year ended March 31, 2026.
• Ordinary: re-appoint Hitesh Pranjivan Mehta by rotation.
• Special: appoint Nilesh Bhogilal Gandhi as Independent Director for second term.
• Ordinary: ratify remuneration of Cost Auditors for FY2026-27.
• Ordinary: approve material related party transactions with Waaree Energies Limited for FY2026-27.

Dividend

• Dividend: no dividend declared for financial year 2025-26.

Director & Auditor Changes

• Mehta retires by rotation and stands for reappointment.
• Gandhi appointed Independent Director for second term, effective Apr 20, 2026.
• Statutory Auditors: SGCO & CO. LLP continuing; term through 2027.
• Cost Auditor: M/s N. Ritesh & Associates; remuneration Rs 40,000 plus GST for FY2026-27.

Related Party Transactions

• Waaree Energies Limited is promoter/holding party; 74.93% stake in Indosolar.
• Proposed RPT with WEL for FY2026-27 includes purchases, services, and a loan.
• Proposed value: Rs 905,00,00,000; 133.12% of last year turnover.
• RPT terms: arm's length, at market prices; board authorization to execute.

Remote Voting & Compliance

• Notice and integrated annual report sent electronically; e-voting accessible.
• Final results to be declared within 2 working days after AGM.

Meeting Details

• Date: July 23, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve standalone unaudited results for quarter ended June 30, 2026 and the limited review report.

Other Notes

• Trading window closed for Directors and KMPs from July 01, 2026 until 48 hours after results declaration.

Dematerialisation compliance

• Certificate confirms compliance with dematerialisation requirements for quarter ended June 30, 2026.
• Certificate issued by MUFG Intime India Private Limited (RTA).

Meeting Details

• Board meeting scheduled for April 20, 2026

Key Agenda Items

• Approval of standalone audited financial results for quarter and year ended March 31, 2026