EKI : TO APPEAL SEBI ORDER, SAYS FINDING NARROWED TO ₹26.34 CR

• Company to challenge SEBI order dated October 30, 2026 before Securities Appellate Tribunal under Section 15T of SEBI Act • Final order limits expense finding to ₹26.34 Cr from ₹48 Cr alleged in show cause notice; balance accepted as genuine • Order records no quantifiable gain from alleged defaults, no quantifiable loss to investors and no repeat default • MCA decided no penal action under Sections 447 and 448 of Companies Act, 2013 • Revenue recognition issue under Ind AS 115 relates to first three quarters of FY2022-23; company revised figures before FY2022-23 accounts were finalised • No promoter or promoter group entity sold shares during period; promoter holding steady at about 73.4-73.5% • Order places no restriction on carbon project development, carbon credit transactions, clean cooking programmes and advisory work

EKI Energy Services Ltd

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