Insolation Energy Ltd — Important, 12-02-2026: Company Update

Insolation Energy Limited confirms no deviation in the utilization of funds raised through its Preferential Issue for the quarter ended December 31, 2025. The company raised 395.19 Cr and has utilized these proceeds as planned. Specifically, 294.32 Cr was deployed as an investment in its wholly owned subsidiary, Insolation Green Energy Private Limited, for setting up a new unit. An additional 15.93 Cr was used for general corporate purposes. This assures shareholders that the capital raised is being used strictly in line with the stated objectives, reflecting prudent financial management.