CESC Subsidiary Signs 49.5 MW Wind PPA with Prism Johnson

Date: September 25, 2026

Prism Johnson Limited (PJL) has entered into a Power Purchase Agreement (PPA) on September 25, 2026 with KUS Renewable Private Limited (KRPL)
PJL, KRPL & Purvah Green Power Private Limited (PGPPL) executed a Share Subscription and Shareholder's Agreement (SSSHA) simultaneously with the PPA
PJL shall invest an amount not exceeding INR 40 crores for 26.5% Equity and Redeemable Preference Shares of KUS Renewable Private Limited

Power Purchase Agreement Details:

PPA signed under captive model between Prism Johnson Limited and KUS Renewable Private Limited
KRPL is a wholly owned subsidiary of Purvah Green Power Private Limited, which is a subsidiary of CESC Limited
Agreement for procurement of energy for PJL's cement production facility located at District Satna, Madhya Pradesh
Energy will be sourced from a 49.5 MW wind power plant to be constructed by KRPL at Tehsil Alot, District Ratlam, Madhya Pradesh
Scheduled commercial operation date: January 25, 2028

Investment Structure:

PJL to invest up to ₹40 crores for 26.5% equity and redeemable preference shares in KRPL
Investment to be made in three tranches as per SSSHA terms
Expected completion of subscription: tentatively by October 31, 2027 (3 months prior to commercial operation date)
Ownership structure: PJL 26.5%, Purvah Green Power 73.5%

Counterparty Details:

Prism Johnson Limited (CIN: L26942TG1992PLC014033)
Business: Production of cement, operates cement production facility at Village Mankahari, P.O. Bathia, Tehsil Rampur Baghelan, District Satna, Madhya Pradesh
Not a related party transaction - does not belong to promoter/promoter group/group companies

KRPL did not contribute to total turnover and net worth of CESC Limited during last financial year ending March 31, 2026

Disclosure made voluntarily as good corporate governance practice under Regulation 30 of SEBI Listing Regulations, 2015
Compliance with Regulation 30, Part A of Schedule III of SEBI Listing Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026