Advait Energy Transitions Ltd — Important, 11-02-2026: Company Update

Advait Energy Transitions confirmed there was no deviation in the utilization of funds raised through its preferential issue of equity and warrants for the period ending December 31, 2025. The company raised approximately 82.30 Cr via equity and about 25.15 Cr through warrants and their conversions. Funds were allocated for working capital, capital investment in plant and machinery, investment in a subsidiary, and general corporate purposes. While some funds were reallocated internally between these broad categories, the overall utilization aligns with the original stated objectives. The Audit Committee reviewed and approved this statement.