Websol Energy System Limited — Capital/Financing Update 2019

Dec 12, 2019

Ref: WEBSOL/SE/19-20/028

Date: 11^th December, 2019 To The National Stock Exchange Of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Srip Code: WEBELSOLAR

Dear Madam/Sir,

In reference to the clarification sought by NSE on 09.12.2019 pertaining cancellation of proposed preferential allotment we would like to clarify that the investor has given their dissent to go ahead with the investment.

For this reason the process for preferential allotment was cancelled by the Board in their urgent meeting held on 06^th December 2019.

You are requested to take the same on record. Thanking You, Yours Faithfully, For Websol Energy System Limited

Sima Jhunjhunwala Authorised Signatory

Websol Energy System Limited Registered Office: New York No-849 Block-'P' 2nd Floor, New Alipore, Kolkata-700 053 Phone: +91-33-24000419, Fax: +91-33-24000375 E-mail: websol@webelsolar.com

CIN - L29307WB1990PLC048350

Corporate Office and Plant:

Sector II, Falta Special Economic Zone, Falta 24 Parganas (South), West Bengal, India, Pin-743504 Ph.: 91-03174-222932, Fax: 91-03174-222933

www.webelsolar.com