Swelect energy systems Limited announced significant corporate developments on January 21, 2026, as the Board of Directors approved a strategic brand refresh and new product launch. The company has adopted a new logo and tagline while introducing NUMERGY, a comprehensive range of clean energy and energy storage products.

Strategic Brand Identity Refresh

The renewable energy company has undertaken a complete brand identity transformation to align with its evolved business capabilities and future aspirations. SWELECT has established itself as a trusted partner in clean and sustainable energy solutions, delivering Solar, Wind, ESS (Energy Storage Systems), EPC (Engineering, Procurement & Construction), O&M (Operations and Maintenance) and IPP (Independent Power Producer) solutions across corporate, industrial and residential segments.

The new brand identity reflects the company's broader energy transition strategy, moving from traditional solar and wind solutions to comprehensive round-the-clock renewable energy with storage capabilities. The management emphasized that this rebranding represents a natural evolution of SWELECT's mission, with renewed focus on reducing carbon footprints and driving meaningful environmental change.

NUMERGY Product Launch Details

SWELECT has launched NUMERGY, a comprehensive range of clean energy and energy storage products designed to enable effective integration of solar generation with energy storage. The product portfolio includes hybrid and battery energy storage systems (BESS) offerings for both residential and utility-scale applications.

The NUMERGY range aims to deliver reliable, dispatchable clean power while reducing electricity costs and improving energy resilience across sectors. The products cater to residential, Small Office Home Office (SOHO), and large-scale commercial and industrial applications within the domestic market.

Implementation and Transition Strategy

The company clarified that there is no change in the nature of business or services offered, with the refresh focusing solely on brand identity, logo, and visual elements. SWELECT will display the new logo across all product labels, advertisements, marketing materials, brochures, website content, signage, and communications on a PAN India basis.

During the transition phase, both existing and new logos will be used concurrently as the implementation proceeds in a phased manner. This approach ensures continuity while gradually introducing the refreshed brand identity across all touchpoints.

Corporate Commitment and Vision

The brand refresh underscores SWELECT's commitment to environmental responsibility and sustainable energy solutions. The company's mission centers on the principle that energy generation should not compromise planetary health. Every project is engineered to support India's net-zero goals while embedding sustainability at every stage of operations.

The announcement, made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's commitment to transparency and regulatory compliance. Additional information regarding these developments will be made available on the company's website at www.swelectes.com .

SWELECT Energy Systems Limited has granted 2,84,700 employee stock options under its SWELECT Employees Stock Option Scheme 2025 to eligible employees. The Compensation Committee of the company approved this grant at their meeting held on December 24, 2025.

ESOP Grant Details

Vesting Schedule and Exercise Terms

The granted options follow a five-year vesting schedule:

Employees can exercise their vested options during the exercise window, subject to a maximum period of three years from the date of vesting. The exercise period for cessation of employment follows provisions specified in the scheme.

Regulatory Approvals

The company received in-principle approvals from both NSE and BSE for listing up to 3,03,175 equity shares under the scheme on December 12, 2025.

Compliance and Documentation

The scheme operates in compliance with SEBI (Share Based Employee Benefits) Regulations, 2021. The company has notified stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Each ESOP, when exercised, will be converted into one equity share of the company with a face value of ₹10.00, fully paid-up. The company will provide further intimations to stock exchanges regarding option exercises, money realized, shares arising from exercises, and any lapsed options as they occur.

Scheme Flexibility

The SWELECT ESOP Scheme 2025 includes provisions for modifications, allowing the company to vary scheme terms through special resolution for options not yet exercised, provided such variations do not prejudice option grantees' interests.