Sahaj Solar Limited's wholly owned subsidiary, Sahaj Renewable Energy Trading – FZCO, has incorporated a joint venture entity in Abu Dhabi, UAE, to expand its international manufacturing footprint. The new entity, Sahaj Energy Solar Panels Manufacturing - LLC, was established on June 19, 2026, and will focus on the manufacturing and assembling of solar panels. In a latest development, the subsidiary has announced an additional investment of AED 75,000 in the joint venture to maintain its 50% ownership as the entity's capital structure grows.

The joint venture is structured as a Limited Liability Company with an authorized capital of AED 100,000, divided into 100 shares of AED 1,000 each. Sahaj Renewable Energy Trading – FZCO initially acquired a 50% stake in the partnership share capital, equivalent to 50 shares, through a cash consideration of AED 50,000. The additional investment of AED 75,000 is aimed at preserving the subsidiary's proportional ownership as the capital base of the joint venture expands.

Joint Venture Details

The incorporation follows the company's earlier announcement dated May 16, 2025, and has been conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The joint venture is classified within the solar energy sector and is not considered a related party transaction.

The licensed activities of the new entity include solar panels manufacturing and assembling. As a newly incorporated entity, the joint venture currently has no turnover history. The additional capital commitment underscores Sahaj Solar's intent to sustain its equal partnership position as the Abu Dhabi venture scales its operations in the international renewable energy market.

Sahaj Solar Limited disclosed that its promoters and promoter group collectively held 1,56,61,320 equity shares as on March 31, 2026. The filing confirms that no new encumbrances were created on these shares during the financial year ended March 31, 2026, other than those already disclosed.

The disclosure was submitted by Pramit Bharatkumar Brahmbhatt, a promoter of the company, on behalf of himself and the members of the promoter group. This communication was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011.

Promoter and Promoter Group Details

The filing includes a comprehensive list of individuals and entities within the promoter and promoter group. The group comprises three individual promoters and several members classified as promoter group, including family members and various private limited companies.

PAN Status and Remarks

The annexure provided details regarding the Permanent Account Number (PAN) status of the group members. While most members have valid PANs, specific remarks were noted for certain entities:

• Ishaan Pramit Brahmbhatt: NA – He is Minor.
• Smrat Barot: NA – He is residing at Kenya.
• Shivam Petro Station: PAN is not available as it is a Proprietorship firm of Mr. Pramit Bharatkumar Brahmbhatt.
• Late Bhavanaben Trivedi: She has been passed away.

Several subsidiary companies incorporated outside India were also listed with remarks explaining the absence of PAN details:

The letter was addressed to the Listing Department of the National Stock Exchange Limited, with a copy marked to the Audit Committee of Sahaj Solar Limited in Ahmedabad.