JSW Energy Limited has issued a postal ballot notice dated 23rd February, 2026, seeking shareholder approval for the re-appointment of Mr. Munesh Khanna as an Independent Director. The company is proposing his re-appointment for a second term of five consecutive years, effective from 26th March, 2026.

Postal Ballot Process and Timeline

The postal ballot notice has been sent exclusively through electronic mode to all eligible members as of the cut-off date of 20th February, 2026. The company has clarified that no physical copies of the postal ballot notice or forms will be dispatched to members, and no physical ballot forms will be accepted.

Director Profile and Qualifications

Mr. Munesh Khanna, aged 63 years, currently serves as an Independent Director with his term expiring on 25th March, 2026. He was originally appointed to the board on 26th March, 2021, following approval at the 27th Annual General Meeting held on 4th August, 2021.

Board Recommendation and Evaluation

The Compensation and Nomination & Remuneration Committee (CNRC) recommended Mr. Khanna's re-appointment at its meeting held on 22nd January, 2026, based on his performance evaluation and significant contributions during his tenure. The Board of Directors subsequently endorsed this recommendation at their meeting on 23rd January, 2026.

The board highlighted Mr. Khanna's expertise in several key areas:

• Strategic corporate finance, including capital raising through capital markets and private equity
• Mergers & acquisitions and divestitures
• Corporate restructuring and financial strategy execution
• Deep governance experience across multiple industry sectors

Remuneration and Board Participation

During FY 2024-25, Mr. Khanna received remuneration comprising sitting fees of Rs. 10.60 lakhs and commission of Rs. 60 lakhs. He attended 7 out of 8 board meetings during the year 2025-26, demonstrating active participation in board proceedings.

Voting Process and Scrutiniser

The company has engaged KFin Technologies Limited as the Registrar and Share Transfer Agent to facilitate the remote e-voting process. Mr. Shreyans Jain, Proprietor of Shreyans Jain & Co., Practising Company Secretaries (Membership Number: FCS 8519), has been appointed as the Scrutiniser to ensure a fair and transparent voting process.

Shareholders can access the postal ballot notice through multiple channels, including the company's website, BSE and NSE websites, and KFin Technologies' portal. The resolution requires approval by way of a Special Resolution, and subject to receiving the requisite number of votes, it will be deemed passed on 25th March, 2026.

JSW Energy Limited has informed stock exchanges about the assignment of a credit rating for its step-down subsidiary's banking facilities. The announcement comes as part of the company's regulatory disclosure obligations under SEBI guidelines.

Credit Rating Assignment Details

ICRA Ratings Limited assigned a rating of 'ICRA A/Stable' for the long-term bank facilities of Solalite Power Private Limited on February 16, 2026. The rating agency communicated this decision through its official release on the same date.

Subsidiary Information

Solalite Power Private Limited operates as a step-down subsidiary of JSW Energy Limited. The credit rating assignment reflects the financial assessment of the subsidiary's long-term banking arrangements and creditworthiness.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and developments that could impact investor decisions.

The company secretary Monica Chopra signed the official communication to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with listing requirements. The press release containing detailed information about the rating assignment is available on ICRA's official website at www.icra.in .