Core Announcement – Order Details

Awarding Entity: Manufacturer of Solar Photovoltaic (PV) modules (name not disclosed)

Domestic/International Order: Domestic

Nature of Order/Contract: Supply, Installation, Testing, and Commissioning (Turnkey Execution) of Capital Equipment. Specifically includes ROCHEM Pretreatments, PT RO Systems, SP RO Systems, WHE and ATFD (with one standby ATFD). Purchase Order covers PTP + RO System and Evaporation System, along with a Service Order for installation, testing and commissioning.

Order Value: INR 14.25 crores (excluding applicable GST)

Materiality Context: Described as received in the ordinary course of business. Expected to strengthen the Company's consolidated order book and enhance revenue visibility.

Execution Timeline: Delivery of equipment between 25th November and 10th December 2026. Installation and commissioning within 4–5 weeks, with completion targeted by mid-January 2027.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No. The promoter, promoter group and group companies do not have any interest in the entity awarding the orders.

Financial Implication: Expected to strengthen the Company's consolidated order book and enhance revenue visibility over the execution period. Not Specified regarding contribution to order book, impact on backlog, capacity utilization, capex, or working capital.