India Power CIRP Subsidiary Directors Vacate Office

Date: 1st October, 2026

Mr. Sajjan Kumar Khandelwal (DIN: 08838631) vacated office as Additional Director and Wholetime Director of IPCL Power Limited (material subsidiary) effective close of business hours on 30th September, 2026
Ms. Pragya Jhunjhunwala (DIN: 02315132) vacated office as Additional Director of IPCL Power Limited effective close of business hours on 30th September, 2026
Reason for vacation: IPCL Power Limited did not conduct its Annual General Meeting on or before 30th September, 2026, which was the last date by which AGM should have been held
Mr. Khandelwal was originally appointed as Additional Director w.e.f. 24th December, 2025 and as Wholetime Director w.e.f. 24th December, 2025 (subject to shareholder approval)
Ms. Jhunjhunwala was originally appointed as Additional Director w.e.f. 24th April, 2026
Both directors were appointed to hold office up to the date of ensuing AGM or 30th September, 2026 (whichever is earlier)

Company is undergoing Corporate Insolvency Resolution Process (CIRP) vide NCLT Hyderabad Bench-I order dated 15th May, 2026
Pursuant to Section 17 of Insolvency and Bankruptcy Code, 2016, powers of Board of Directors stand suspended
Resolution Professional Ms. Medarametla Sreenivasa Manoranjani is exercising all board powers
Resolution Professional registration: IBBI/IPA-001/IP-P00736/2017-2018/11235
AFA No. AA1/11235/02/300627/109371 valid up to 30 June 2027

Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Also complies with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024
Annexure A provides detailed information as required under Listing Regulations

Central Office: Sanctoria, Dishergarh 713 333
Resolution Professional Address: Flat No. 122, Vasavi Indraprastha, Street No. 1, Czech Colony, Sanathnagar, Hyderabad – 500018, Telangana
Email for communications: ipcl.ibc@gmail.com