Indosolar Limited — Important, 09-01-2025: General Updates

Indosolar Limited has established Waaree India Foundation, a newly incorporated section 8 company aimed at promoting healthcare, education, welfare, and shelter. The Foundation will operate as a non-profit entity, with the company contributing up to Rs 20,000 as a guarantee amount. This venture aligns with the company's commitment to corporate social responsibility under Section 135 of the Companies Act 2013. As a related party transaction, this initiative reflects Indosolar's strategy to enhance its community impact while fostering goodwill. Stakeholders should consider this development as a potential opportunity for positive engagement and corporate image enhancement.