The Exchange had sought clarification from OCCL Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1.Financial details of Subsidiary(ies)/Associate(s)/Joint venture(s) not submitted The response of the Company is enclosed.

NSE had asked OCCL Limited why it had not submitted financial details of its subsidiary/associate/joint venture entities along with the September 2025 quarterly results. OCCL clarified that it holds a 49% stake in Clean Max Infinia Private Limited, a special purpose vehicle (SPV) set up with CleanMax Enviro Energy Solutions to build a 2.2 MWac captive solar power plant in Haryana, in which OCCL invested Rs. 1.24 crore. The company argued that despite the 49% holding, it does not exercise significant influence over the SPV — it has no board representation, no role in policy-making, and the promoter shareholder controls day-to-day operations. Therefore, the SPV does not qualify as an associate under Ind AS 28, and consolidated financial results are not required. The investment is being treated as a financial asset measured at fair value through profit/loss or OCI.