Smarten Power Systems Ltd.

We are engaged into designing and assembling of power back-up and advanced solar power products such asHome UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. We are alsoengaged in the trading of solar panels and batteries. We sell our products through our distributors within India.We also export our products except solar panels outside India. We generate approximately 66.51% of our revenuethrough domestic sales and 33.49% of our revenue through exports. Currently, our Company is operating in 23states and 2 union territories within India and has also established global footprint in over 17 countries whichincludes Middle East, Africa, and South Asia region.

Projects

1. Project Name: Purchase of movable assets of the production line of battery manufacturing unit

Project Cost: 41.89

2. Project Name: To meet the working capital requirements

Project Cost: 220

3. Project Name: Repayment in full or in part, of our outstanding borrowings

Project Cost: 9.5

4. Project Name: Funding capital expenditure requirements

Project Cost: 44.615