Alpex Solar Limited — Important, 22-12-2025: Disclosure of material issue

Alpex Solar's board has approved the allotment of 12,500 secured, redeemable, unlisted, unrated Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of ₹1 lakh, aggregating to ₹125 Cr.

**Issue:** Alpex Solar has successfully allotted NCDs totaling ₹125 Cr.

**Possible Impact:** This significant capital infusion strengthens the company's financial position, likely earmarked for business expansion, operational scaling, or other strategic initiatives. While it increases the company's debt, it provides crucial funding to support future growth.

**Company’s Response:** The allotment of these NCDs is Alpex Solar's strategic move to secure substantial capital for its ongoing and future business objectives.