23-Oct-2026 19:15:14

SWELECT : TRANSFERS 12.78 LAKH ESG GREEN ENERGY SHARES TO RAMCO INDUSTRIES

• Off-market transfer of 12,78,000 equity shares of face value ₹10 each held in subsidiary ESG Green Energy Private Limited • Transfer approved by the company's Investment Committee at its meeting held on October 23, 2026 • Shares transferred to Ramco Industries Limited, a proposed group captive consumer in the subsidiary • ESG Green Energy Private Limited continues to remain a subsidiary of Swelect Energy Systems post the transfer • No consideration or deal value disclosed in the filing Impact: Neutral (Group captive tie-up with Ramco Industries; Swelect retains subsidiary status, but no value or earnings impact disclosed)

Swelect Energy Systems Limited

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