Silgo Retail Limited — Important, 24-10-2025: Disclosure of material issue

Silgo Retail Ltd (SILGO) has incorporated a new subsidiary, **Silgo Power 2 Private Limited**. This new entity will act as a Special Purpose Vehicle (SPV) focused on setting up **solar power plants**, including development, erection, installation, operation, and maintenance of renewable energy projects.

**Impact for Investors:** This signals SILGO's strategic diversification into the **renewable energy sector**, potentially opening up new growth avenues and revenue streams from solar power projects. SILGO holds a **99.99% equity stake** in the new subsidiary, which was incorporated with an authorized share capital of ₹0.01 Cr and an initial subscription amount of ₹0.01 Cr. This is a small initial step into a potentially high-growth sector.

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