Indosolar Limited — Important, 01-08-2026: Disclosure of material issue

Indosolar Limited (WAAREEINDO) has received approval from NSE for the reclassification of five entities/individuals from its Promoter Group. This is a significant corporate structure update.

**The Issue:** Despite the approval, NSE issued a warning to Indosolar for a major compliance lapse. The company submitted a mandatory disclosure related to the reclassification application several months late (due within 24 hours of the application but filed much later).

**Possible Impact:** NSE views this delay "seriously" and has advised the company to exercise due diligence and implement corrective steps to avoid future recurrences. Any future lapses could lead to "appropriate action."

**Company’s Response/Mitigation Plan:** Indosolar has disclosed these communications from NSE, indicating their acknowledgment of the compliance issue and the need for stricter adherence to disclosure requirements.