Corporate Insolvency Resolution Process

Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 Ref: IPCL/SE/LODR/2026-27/IBC 12th September, 2026 The Secretary, The Vice President National Stock Exchange of India Ltd., Metropolitan Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block Building A, Unit 205A, 2nd Floor, Bandra Kurla Complex, Piramal Agastya Corporate Park, Bandra (E), Mumbai- 400 051. L.B.S Road, Kurla West, Mumbai - 400 070 Scrip Symbol: DPSCLTD Scrip Symbol: DPSCLTD Ref: Notice bearing Ref. No. NSE/LIST-SOP/FINES/1028 dated September 11, 2026 issued by NSE and Notice bearing Ref. No. MSE/LIST/2026/1110 dated September 11, 2026 issued by MSEI Sub: Notices for non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir(s), In accordance with the provisions of the SEBI Circular bearing Ref. No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026, we would like to inform that the Company has received notices bearing reference nos. NSE/LIST-SOP/FINES/1028 and MSE/LIST/2026/1110 both dated September 11, 2026 from the National Stock Exchange of India Limited (NSE) and the Metropolitan Stock Exchange of India Ltd (MSE), intimating the Company of non-compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations”). The said Notices are enclosed herewith as Annexure – I. The said non-compliance relates to delay in submission of the Financial Results for the quarter ended June 30, 2026, on the NSE and MSE platforms, resulting in the levy of a fine in accordance with aforesaid SEBI Circular. Please note that the reasons for the delay was also communicated to NSE and MSE on August 21, 2026 and September 02, 2026 respectively. Copies of the said communication are annexed for your reference as Annexure-II. A disclosure as per the SEBI Listing Regulations and the aforesaid SEBI Circular is annexed with Annexure-A. This intimation is also being uploaded on the website of the Company at www.indiapower.com Thanking you, Yours faithfully, For India Power Corporation Limited (Under CIRP) MS Mano Ranjani, Resolution Professional for India Power Corporation Limited Regn. No.: IBBI/IPA-001/IP-P00736/2017-2018/11235 AFA No. AA1/11235/02/300627/109371 – valid up to 30 June 2027 Registered Address: Flat No. 122, Vasavi Indraprastha, Street No. 1, Czech Colony, Sanathnagar, Hyderabad – 500018, Telangana, India Email ID : mano3ranjani@gmail.com Email ID for all communications: ipcl.ibc@gmail.com India Power Corporation Limited CIN: L40105WB1919PLC003263 [formerly DPSC Limited] Registered Office: Plot No. X1- 2&3, Block-EP, Sector –V, Salt Lake City, Kolkata – 700 091 Tel.: + 91 33 6609 4308/09/10, Fax: + 91 33 2357 2452 Central Office: Sanctoria, Dishergarh 713 333, Telephone: (0341) 6600454/457 Fax: (0341) 6600464 E: corporate@indiapower.com W: www.indiapower.com Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 ANNEXURE-A Disclosures as per the SEBI Listing Regulations and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 Sr. No. Particulars Details 1 Name of the Authority National Stock Exchange of India Limited and Metropolitan Stock Exchange of India Ltd 2 Nature and details of the action(s) Non-compliance with submission of financial results for June 30, 2026 under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) 3 Date of receipt of communication from the September 11, 2026 Authority 4 Details of the violation(s)/contravention(s) Regulation 33 of SEBI (Listing Obligations and committed or alleged to be committed Disclosure Requirements) Regulations, 2015 5 Impact on financial, operation or other There is a financial impact of Rs.3.06 Lakhs as activities of the listed entity, quantifiable in on date. There is no impact on the operations monetary terms to the extent possible and/ or other activities of the Company due to the Notices. The Notices are currently being reviewed, and appeal(s) would be filed for waiver of penalties. Thanking you, Yours faithfully, For India Power Corporation Limited (Under CIRP) MS Mano Ranjani, Resolution Professional for India Power Corporation Limited Regn. No.: IBBI/IPA-001/IP-P00736/2017-2018/11235 AFA No. AA1/11235/02/300627/109371 – valid up to 30 June 2027 Registered Address: Flat No. 122, Vasavi Indraprastha, Street No. 1, Czech Colony, Sanathnagar, Hyderabad – 500018, Telangana, India Email ID : mano3ranjani@gmail.com Email ID for all communications: ipcl.ibc@gmail.com India Power Corporation Limited CIN: L40105WB1919PLC003263 [formerly DPSC Limited] Registered Office: Plot No. X1- 2&3, Block-EP, Sector –V, Salt Lake City, Kolkata – 700 091 Tel.: + 91 33 6609 4308/09/10, Fax: + 91 33 2357 2452 Central Office: Sanctoria, Dishergarh 713 333, Telephone: (0341) 6600454/457 Fax: (0341) 6600464 E: corporate@indiapower.com W: www.indiapower.com NSE/LIST-SOP/FINES/1028 September 11, 2026 The Company Secretary DPSC Limited Dear Sir/Madam, Subject: Notice for non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Your attention is drawn towards SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026 (hereinafter referred to as "Master Circular"), specifying Standard Operating Procedure for imposing fines and suspension of trading in case of non-compliance with the Listing Regulations. On verification of the Exchange records, it has been observed that your Company has not complied/delayed complied with Regulation 33 of Listing Regulation(s). The details of non-compliance(s)/delayed compliance(s), total fine payable by your Company and the particulars about manner in which fine should be remitted to the Exchange is enclosed as Annexure. You are requested to inform the Promoters about identified non-compliance/delayed compliance and to ensure compliance with Regulation 33 of Listing regulation(s) and/or make the payment of fines within 15 days from the date of this notice, failing which the Exchange may initiate following actions as per Master Circular: 1. Initiate freezing of entire shareholding of the Promoters in the Company as well as in other securities held in the Demat account of the Promoters. 2. Trading in securities of your Company shall take place on a 'Trade for Trade' basis, in case of consecutive default with Regulation 33 of the Listing Regulations i.e., Shifting of trading in securities to Z Category as per Master Circular. Upon receipt of this review notice, the Company may file the waiver request. Below are the parameters for filing the application for waiver: a) Waiver applications sent via mail is not considered. The Company is requested to submit waiver application on the below mentioned path: NEAPS>>Compliance>>Fine Waiver>>Waiver Request b) Detailed submission indicating reasons for waiver, mentioning whether it intends to seek personal hearing before the concerned Committee. c) Further, compliance is a pre-requisite for applying for waiver. Thus, waiver application of the non- complied Companies will not be processed without achieving the compliance. d) In case the Company is non-compliant under multiple regulations, the Company is advised to file a single application mentioning the details of all the respective regulations and quarters for which the Company intends to apply for waiver. e) Non-refundable Processing fees for an amount of Rs.10,000 plus 18% GST to be paid to the designated Exchange, (as segregated between the Exchanges as per the policy for waiver of fines) only if the fine amount is more than Rs. 5,000/- exclusive of GST. However, before filing an application for waiver of fines, you are requested t [Showing first 8,000 characters — download PDF for full document]