Silgo Retail Limited — Important, 22-08-2025: Disclosure of material issue

Here's the summary as requested:

**#SILGORetail makes a strategic pivot into green energy!**

**Issue:** SILGO Retail Limited is acquiring a 49% stake in Hare Krishna Creative Realty Private Limited, a company primarily involved in the solar and renewable energy sector. This move represents a significant diversification for SILGO, which currently operates outside this industry.

**Possible Impact:** This acquisition provides SILGO with a strategic entry into the rapidly expanding renewable energy market. It aims to strengthen SILGO's presence in the evolving energy landscape, aligning the company with sustainability goals and positioning it as a forward-looking player in the green energy transition. The target company, Hare Krishna, has a paid-up capital of 0.50 Cr. Its provisional income for FY25 was approximately 0.11 Cr with a net loss of 0.10 Cr, indicating a relatively small current operational scale.

**Company’s Response/Mitigation Plan:** SILGO is proceeding with a cash consideration to acquire the initial 49% stake at Rs. 10.20 per share. Further demonstrating its commitment to this new venture, SILGO has secured a call option to purchase the remaining 51% of Hare Krishna's equity one year after the project's Commercial Operation Date. This plan outlines a phased and deliberate approach to integrate into and expand within the renewable energy segment.