1. The company has only one class of shares viz. equity shares having a par value of Rs.10/- each as above. All equity shares, in present and in future, rank pari passu with the existing equity shares of the company and each shareholder is entitled to one vote per share.

2. During the year company increase the Authorised share capital From 22 Crore to 30 Crore.

3. During the year company has issued bonus shares in the ratio of 1:1 , the record date of the same was 2nd April 2025, these shares have been issued out of the securities premium of the company.

(ii) Rights, preferences and restrictions attached to shares

Equity Shares: The Company has one class of equity shares. Each shareholder is eligible for one vote per share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.

Nature of Reserve and Surplus Securities Premium

During the year company has issued bonus shares in the ratio of 1:1 , the said bonus shares have been given out of securities premium of the company.

1. Term Loan from banks are Primarily secured against Inventories, Trade Receivable less than 90 days.

2. The amount disclosed in term loan from bank reflect the long term maturity of long term borrowings , Corresponding current maturity of such borrowings are disclosed in short term borrowings.

3. The company has not defaulted in the repayment of any borrowings as on 31st March, 2026.

4. The above mentioned monthly installments includes principal and interest repayment.

5. The Company has availed working capital facilities from multiple banks against hypothecation of receivables and inventories. Certain receivables and inventories have been offered as security to more than one lender, resulting in multiple financing against the same underlying assets. The Management is in the process of reconciling and regularizing the allocation of security with the respective lenders.

1. The provision related to gratuity and leave encashment has been created as per the valuation report received by the government approved actury Kulin patel dated 24-04-2026

2. The company had provided warranty to its customer for future services of repair and maintenance for the damages to the product supplied by the company , The amount of provision created by the company has been estimated by the management of the company and is as per industry specifics and is true and correct , and as per the relevant accounting standard and using the matching concept the same is realized over the period of warranty.

2. IREDA Loan:

a) . BG/eFDR or BG/FDR equivalent to 5% of the sanctioned loan amount.

b) . Mortgage over all present and future immovable properties related to the project, including leasehold rights where applicable.

First Charge on Movable Assets.

c) . Hypothecation of all project movable assets including plant & machinery, equipment, tools, furniture, fixtures, vehicles, machinery spares and other movable assets.

d) . Charge over stock, inventory, book debts, receivables, operating cash flows, commissions, revenues and all current assets related to the project.

e) . Charge over escrow accounts, TRA accounts, DSRA and all other project-related bank accounts along with funds deposited therein.

f) . Assignment of rights and interests in government approvals, licenses, project contracts, user agreements, insurance policies, guarantees, performance bonds and other project documents.

g) . Security interest over goodwill, intellectual property rights, undertakings and uncalled capital relating to the project.

h) . Personal Guarantee of main promoter Mr. Pramit Brahmbhatt.

3. The Cash Credit faciltiy obtained from HDFC bank is secured by stock , debtors less than 90 days , FD margin for bank guarentee and letter of credit , Plant and Machinery. The credit facility obtained from HDFC bank amounts to Rs.10 crore having interest rate of 9.5% p.a.

4. The Cash Credit faciltiy obtained from Yes bank is secured by stock , debtors less than 90 days ,The credit facility obtained from Yes bank amounts to Rs.5 crore having interest rate of 9 p.a.

5. The Company has availed working capital facilities from multiple banks against hypothecation of receivables and inventories. Certain receivables and inventories have been offered as security to more than one lender, resulting in multiple financing against the same underlying assets. The Management is in the process of reconciling and regularizing the allocation of security with the respective lenders.

1. The provision related to gratuity and leave encashment has been created as per the valuation report received by the government approved actuary Kulin patel(10235) dated 24-04-2026

2. The company had provided warranty to its customer for future services of repair and maintenance for the damages to the product supplied by the company , The amount of provision created by the company has been estimated by the management of the company and is as per industry specifics and is true and correct , and as per the relevant accounting standard and using the matching concept the same is realized over the period of warranty.

1. The variance between the depreciation reported in the profit and loss account and the figure mentioned in note number 12 ("Property, Plant, and Equipment") is due to the adjustment made for the amortization of the government grant related to plant and machinery in accordance with AS-12 "Government Grants".

2. During the year company has set up new factory at kheda (Gujarat) , Such factory has been put to use by the company with effect from 01st march 2026 as approved by the chartered engineer Bakul N Desai (M.No: 116753-1).

l.Non current investment includes to investment made in the subsidiary of the company , and as per AS 13 "Accounting for investment" the long term investment are to be valued at cost and accordingly the same has been followed.

2.Subsidiaries namely Sahaj Energies Ltd , Sahaj Renewable Energy Zambia Limited and Sunventa Power Private Limited have been incorporated in F.Y-2025-26, however the financial commitment with respect to the said entities are done after the financials cut off date and hence the investment amounts are not included in current financial year.

The company is engaged in providing services related to solar pannels and its installation , This services are also provided to the government department by the company as per the tender alloted to them , The company raises the invoice for the work completed , however while making the payment government department retains a percentage of the invoice value (i.e a component of both taxable as well as GST value) and the same is disbursed when the work is completed by the company in accordance with the tender alloted, and hence in other current asset the company has booked " Retention" as these amount are yet to be received from the goverment.

1. Finished Goods and Traded Goods are valued at Cost or NRV Whichever is lower.Cost of inventories comprises of cost of purchase, cost of conversion and other costs including manufacturing overheads net of recoverable taxes incurred in bringing them to their respective present location and condition. Fixed, variable and other overheads are allocated to the product on the basis of turnover.

2. As on 31st March, 2026 the valuation of inventory has been done by Mayur Chhaganbhai Undhad & Co. cost accountants , the valuation of inventory has been believed to be true and correct.

Reasons for Variances

1. Debt to equity ratio has increased significantly because of the loan taken by the company from IREDA during the current financial year amounting to rs 125CR.

2. Return on equity ratio has decreased because increase in profit of the company during the year is less in proportion compared to increase in shareholders fund of the company.

3. Trade receivable turnover ratio has decreased due to significant increase in the trade receivables of the company during the said financial year.

4. Net capital turnover ratio has increased due to significant increase in the working capital requirement of the company during the year.

5. Return on capital employed has reduced due to decrease in the EBIT of the company during the said financial year.

Nature of CSR activities

Health and Eduacation Purpose

42 Regrouping

Previous years figures have been regrouped/reclassified wherever necessary to correspond with current year's classification and disclosures.