swelect energy systems has transferred 17,50,000 equity shares in ESG Green Energy Private Limited. The off-market transfer was approved by the company's Investment Committee during its meeting held on May 20, 2026.

The transferred equity shares have a face value of ₹10 each. The shares were sold to Syrma SGS Technology Limited, identified as a proposed group captive consumer within the subsidiary company.

Transaction Details

The transfer involves the following key details regarding the transaction:

Subsidiary Status

Despite the transfer of equity shares, the status of ESG Green Energy Private Limited remains unchanged. The company continues to be a subsidiary of SwELECT Energy Systems Limited. The compliance regarding this transfer has been submitted to the relevant stock exchanges for record.

SWELECT Energy Systems Limited has initiated the 'Saksham Niveshak' campaign, a 100-day drive focused on updating Know Your Customer (KYC) details and facilitating the claiming of unpaid dividends. The campaign, which runs from April 3, 2026, to July 9, 2026, is part of a directive from the Investor Education and Protection Fund Authority (IEPFA) and the Ministry of Corporate Affairs. The primary objective is to reduce unclaimed dividends and prevent the transfer of these amounts, along with corresponding shares, to the IEPF.

The company has published advertisements in leading newspapers, including The Hindu Business Line and Makkal Kural, to raise awareness among shareholders. The initiative specifically targets shareholders who have not yet claimed dividends for previous financial years or those with incomplete KYC records. By updating their information, shareholders can ensure they continue to receive their entitled dividends and avoid the statutory transfer of unclaimed amounts to the IEPF after seven years.

Key Actions for Shareholders

Under the 'Saksham Niveshak' campaign, shareholders are requested to complete several critical updates:

• Update KYC details, including bank account mandates.
• Register nominee details.
• Update contact information such as email, mobile number, and address.
• Claim unclaimed dividends for any financial year to prevent transfer to IEPF.

Contact Information

Shareholders requiring assistance or needing to update their records are advised to contact the company's Registrar and Share Transfer Agent:

Important Advisory

The company emphasized that dividends remaining unclaimed for seven consecutive years are liable to be transferred to the IEPF, along with the corresponding base shares. SWELECT Energy Systems has urged all shareholders to take prompt action during the campaign period to safeguard their financial entitlements and ensure compliance with statutory requirements.