Solar Industries India Limited has intimated the stock exchanges of the resignation of Shri Kirit Ramesh Kamdar (DIN: 06513347) from the position of Additional Non-Executive Independent Director of the company, with effect from May 06, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary and Compliance Officer, Khushboo Pasari, signed and submitted the regulatory filing on May 06, 2026.

Reason for Resignation

Shri Kirit Ramesh Kamdar cited unavoidable professional commitments as the sole reason for his resignation. In his resignation letter addressed to the Board of Directors of Solar Industries India Limited, he confirmed that there are no other material reasons for his departure beyond those stated. He also confirmed that he does not hold directorship or membership of Board Committee(s) of any other listed entity.

Key Details of the Board Change

The following table summarises the key particulars of the board change as disclosed under Regulation 30 of the SEBI Listing Regulations:

Regulatory Compliance

The intimation was filed in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, along with the relevant annexures and the resignation letter as required under Schedule III of the SEBI Listing Regulations. Solar Industries India Limited is headquartered at "Solar" House, 14, Kachimet, Amravati Road, Nagpur – 440023, Maharashtra.

Solar Industries India Limited has submitted newspaper clippings to the National Stock Exchange of India Limited and BSE Limited regarding the notice for transfer of equity shares to the Investor Education and Protection Fund (IEPF). The clippings were published in Business Standard (All India Edition) and Loksatta (Nagpur Edition) on April 24, 2026. The submission was made pursuant to SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

IEPF Transfer Requirements

The company has informed shareholders that pursuant to Section 124(6) of the Companies Act, 2013 read with rule 6 of the Investor Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016, shares in respect of which dividend has not been paid or claimed for seven consecutive years or more have to be transferred in the name of IEPF Authority.

Shareholder Communication

The company has communicated individually with concerned shareholders whose shares are liable to be transferred to IEPF Authority during the financial year 2025-26. Additionally, in terms of Rule 6(3) of the IEPF Rules, the statement containing full details of shareholders and shares due for transfer to IEPF Authority has been made available on the company's website at www.solargroup.com .

Deadline and Transfer Process

In case the company does not receive any communication from the concerned shareholders by July 24, 2026, the company shall transfer the dematerialised shares to IEPF Authority by way of corporate action by the due date as per procedure stipulated in the Rules. The company has clarified that it does not have any case of physical shares transfer to IEPF Authority.

Shareholders may note that both the unclaimed dividend and the shares transferred to IEPF Authority, including all benefits accruing on such shares, can be claimed back by them from IEPF Authority after following the procedure prescribed under the Rules.

Contact Information

Shareholders with queries may contact Mrs. Khushboo Pasari, Company Secretary & Compliance Officer of Solar Industries India Limited at Tel: 0712-6634567 and E-mail: investor.relations@solargroup.com . Alternatively, shareholders may contact the Registrar and Transfer Agents M/s. MUFG Intime India Private Limited at C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083, Tel: (022) 49186000, E-mail: rtf.helpdesk@in.mpmfs.mufg.com .