CLN Energy Limited has announced the successful incorporation of its wholly owned subsidiary in Dubai, United Arab Emirates, marking a significant step in the company's international expansion strategy. The new entity, named C L N General Trading L.L.C., was incorporated on March 26, 2026, following the company's earlier intimation dated January 28, 2026.

Investment Details and Financial Structure

The company has made a substantial investment to establish its Dubai operations, with complete details outlined in the regulatory filing:

Business Objectives and Operational Scope

The newly incorporated subsidiary will operate in the clean and renewable energy sector, focusing on comprehensive trading and distribution activities. The primary business objectives include:

• Trading, marketing, and distribution of clean and renewable energy products
• Import and export operations for energy solutions and technologies
• Specialization in stationary energy applications
• Undertaking all incidental and ancillary activities in support of core operations

Regulatory Compliance and Related Party Disclosure

As per SEBI regulations, CLN Energy Limited has disclosed that C L N General Trading L.L.C. constitutes a related party transaction due to its wholly owned subsidiary status. However, the company clarified that promoters or promoter groups do not have any direct interest in the subsidiary, except through their existing equity holdings in the parent company.

Strategic Significance

The establishment of operations in Dubai represents CLN Energy's strategic move to expand its presence in the Middle East market. The subsidiary's location in the Emirate of Dubai positions the company to leverage the region's growing focus on renewable energy initiatives and clean technology adoption.

This development follows CLN Energy Limited's continued focus on expanding its clean energy portfolio and establishing international market presence. The Dubai subsidiary is expected to serve as a strategic hub for the company's regional operations in the Middle East and broader international markets.

CLN Energy Limited has announced a significant employee benefit initiative through the grant of stock options under its Employee Stock Option Plan. The company's Nomination and Remuneration Committee approved this grant through a circular resolution, demonstrating the organization's commitment to employee retention and motivation through equity participation.

ESOP Grant Details

The Nomination and Remuneration Committee of CLN Energy Limited approved the grant of 1,60,046 stock options under the CLN Energy Limited Employee Stock Option Plan-2025 on February 02, 2026. This grant was approved through a circular resolution and disclosed to BSE Limited in compliance with regulatory requirements.

Key Terms and Conditions

Each employee stock option is convertible into one fully paid-up equity share having a face value of Rs. 10. The exercise price has been set at Rs. 10 per stock option, making it accessible for eligible employees. The Employee Stock Option Plan can be exercised within a period of 5 years from the date of grant under ESOP 2025.

The scheme includes provisions for handling stock options in various scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment. Importantly, the equity shares allotted pursuant to the exercise of stock options will not be subject to lock-in restrictions.

Regulatory Compliance

The ESOP scheme has been structured in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders.

The company provided comprehensive details as required under the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This ESOP grant represents CLN Energy Limited's strategy to align employee interests with company performance and retain key talent through equity participation.