Submission of Notice of Annual General Meeting to be held on Monday, 28th September 2026.

Date: 4th September 2026 The Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, Maharashtra – 400001 Scrip Code: 512405 | ISIN: INE468F01010 Subject: Submission of Notice of the 41st Annual General Meeting (AGM) of the Company for FY 2025–26 Dear Sir/Madam, Pursuant to Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), please find enclosed herewith a copy of the Notice of the 41st Annual General Meeting (“AGM”) of the Members of I Power Solutions India Limited dated 28th August 2026. The 41st AGM of the Company is scheduled to be held on Monday, 28th September 2026 at 11:30 A.M. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) in compliance with applicable MCA and SEBI Circulars. The Company has engaged Central Depository Services (India) Limited (“CDSL”) to provide the remote e- voting facility and VC/OAVM facility for the AGM. Key Details of E-Voting & Book Closure:  Cut-Off Date: Monday, 21st September 2026  Book Closure Period: Tuesday, 22nd September 2026 to Monday, 28th September 2026 (both days inclusive)  Remote E-Voting Commencement: Friday, 25th September 2026 at 09:00 A.M. (IST)  Remote E-Voting End: Sunday, 27th September 2026 at 05:00 P.M. (IST) This is for your information and records. Thanking You. Yours Faithfully, For I Power Solutions India Limited Rajendra Naniwadekar Managing Director DIN: 00032107 Encl.: Notice of 41st AGM 1 | Pa ge I Power Solutions India Limited 41st Annual Report 2025 - 2026 ssssss 2 | Pa ge CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Rajendra Naniwadekar Managing Director Mr. Venug opalan Parandhaman Non-Executive Director Mr. Punukollu Kodanda Ram Babu Independent Director Mr. Nares h Kumar Bhatt Independent Director Ms. Sujata Jonnavittula Women Independent Director Mr. P.K. Ra ghukumar Company Secretary Mr. Suresh Srinivasan Chief Financial Officer (Resigned with effect from 13th March 2026) Mr. Anand Chenji Chief Financial Officer (Appointed with effect from 13th August 2026) STATUTORY AUDITORS REGISTRARS & SHARE TRANSFER AGENTS (RTA) M/s. Anan t Rao & Mallik M/s. Cameo Corporate Services Limited Chartered Accountants Subramanian Building Kushal To wers, Khairatabad, Hyderabad – 500004 No. 1, Club House Road, Chennai – 600002 SECRETA RIAL AUDITORS Phone: 044-28460390 M/s. Lakshmi Subramanian & Associates Email: cameo@cameoindia.com Murugesa Naicker Office Complex No. 81, Greams Road, Chennai – 600006 REGISTERED OFFICE New No. 17, Old No. 7/4, INTERNAL AUDITOR Vaigai Nagar, Mr. V. R. Sridharan Besant Nagar, Chartered Accountant Chennai – 600090 CIN: L72200TN2001PLC047456 BANKERS 3 | Pa ge Annual Report 2025-2026 Table of Contents Topic Page No Notice of Annual General Meeting 4-30 Directors’ Report 31-46 Annexures to the Directors report AOC-2 47- 48 Management Discussion & Analysis Report 49-53 Secretarial Audit Report 54-60 Non- Disqualification of Directors 61-62 Financial Statements Independent Auditors Report 63-82 Statement of Balance Sheet 83 Statement of Profit and Loss 84 Statement of Cash Flows 85 Notes forming part of Financials Statements 86-98 4 | Pa ge NOTICE is hereby given that the 41st Annual General Meeting (AGM) of I- Power Solutions India Limited will be held on Monday 28th of September 2026 through Video Conference (VC) or Other Audio Visual Means (OAVM) at 11.30 A.M to transact the following businesses: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon. 2. To appoint a director in place of Mr. Venugopalan Parandhaman (DIN: 00323551) who retires from office by rotation and being eligible offers himself for re-appointment. SPECIAL BUSINESS: 3. Re-appointment of Mr. Kodanda Ram Babu Punukollu (DIN: 00069047) as an Independent Director of the Company for a Second Term of Five (5) Consecutive Years: To consider and, if thought fit, to pass the following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, and other applicable provisions, if any, of the Companies Act, 2013 ("the Act") read with Schedule IV of the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014, and Regulation 17 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 (including any statutory modification(s) or re- enactment(s) thereof, for the time being in force), and the Articles of Association, and based on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, Mr. Kodanda Ram Babu Punukollu (DIN: 00069047), who was appointed as an Independent Director of the Company at the 37th Annual General Meeting of the Company held on September 10, 2022, for a period of five years i.e., with effect from August 11, 2022 to August 10, 2027 (both days inclusive), and who has submitted a declaration confirming that he meets the criteria of independence as provided under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and who is eligible for re-appointment as an Independent Director of the Company, be and is hereby re-appointed as an Independent Director of the Company for a second consecutive term of five years with effect from August 11, 2027 up to August 10, 2032 (both days inclusive), not liable to retire by rotation. RESOLVED FURTHER THAT the Board of Directors of the company be and are hereby severally authorised to do all such acts, deeds, matters and things, execute all such documents, forms and writings and file necessary returns/forms with the Registrar of Companies and other statutory authorities, as may be considered necessary, expedient or desirable to give effect to this Resolution." 5 | Pa ge 4. Re-appointment of Mrs. J. Sujatha (DIN: 07014640) as an Independent Director of the Company for a Second Term of Five (5) Consecutive Years: To consider and, if thought fit, to pass the following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, and other applicable provisions, if any, of the Companies Act, 2013 ("the Act") read with Schedule IV of the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014, and Regulation 17 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 (including any statutory modification(s) or re- enactment(s) thereof, for the time being in force), and the Articles of Association, and based on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, Mrs. J. Sujatha (DIN: 07014640), who was appointed as an Independent Director of the Company at the 37th Annual General Meeting of the Company held on September 10, 2022, for a period of five years i.e., with effect from August 11, 2022 to August 10, 2027 (both days inclusive), and who has submitted a declaration confirming that she meets the criteria of independence as provided under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and who is eligible for re-appointment as an Independent Director of the Company, be and is hereby re-appointed as an Independent Director of the Company for a second consecutive term of five years with effect from August 11, 2027 up to August 10, 2032 (both days inclusive), not liable to retire by rotation. RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby severally authorised to do all such acts, deeds, matters and thing [Showing first 8,000 characters — download PDF for full document]