GP Eco Solutions India Limited — Important, 01-03-2025: Disclosure of material issue

GP Eco Solutions India Limited has notified that GPES Solar 2 Private Limited has been incorporated as a subsidiary. The incorporation, backed by a 51% ownership stake from GP Eco Solutions, received approval from the Ministry of Corporate Affairs. GPES Solar 2 will focus on constructing, maintaining, and operating renewable energy power plants, particularly in solar, thermal, wind, and hydroelectric sectors. It aims to provide comprehensive services for solar power plants, including importing and supplying solar equipment and offering electrical installation services. This move is aligned with the company's growth strategy in the renewable energy sector and presents potential growth opportunities as the market for solar energy continues to expand. Investors should monitor this development closely, reflecting positively on GP Eco Solutions’ strategic direction and market positioning.