Advait Energy Transitions Ltd — Important, 02-04-2026: Company Update

Advait Energy Transitions has liquidated its wholly-owned Norwegian subsidiary, Advait Energy Holdings AS, effective March 31, 2026. This subsidiary had zero turnover for FY 2024-25 and a negative net-worth of approximately INR 1.35 Cr, representing a minor 0.67% of the parent company's net worth. The winding up was voluntary, with no consideration for shares, but the company expects to receive NoK 7059 after bank charges. This move simplifies the company's structure by dissolving a non-contributing entity.