Notice of 45th Annual General Meeting of the Company scheduled to be held on 15th July, 2026

KPIL/26-27 22nd June, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code: KPIL Sub.: Integrated Annual Report for the F.Y. 2025-26 along with Notice of 45th Annual General Meeting of the Company Respected Sir(s) / Madam, In continuation of our letter dated June 15, 2026 informing that the 45th Annual General Meeting (“AGM”) of the Company is scheduled to be held on Wednesday, July 15, 2026 at 12:30 P.M. IST through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) and in compliance with Regulation 34(1) and 53(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to submit the following: (i) Integrated Annual Report of the Company for the financial year 2025-26; and (ii) the Notice calling 45th AGM of the Company. Further, above documents are being sent through electronic mode to all the shareholders and debenture holders whose e-mail address are registered with Depositories/Company/Registrar and Share Transfer Agent. The Integrated Annual Report and Notice of AGM are also available on the website of the Company at https://kalpataruprojects.com/api/view-file/KPIL_Integrated_Report_2025-26.pdf Kindly take the same on records. Thanking You, Yours faithfully, For Kalpataru Projects International Limited Shweta Girotra Company Secretary Encl.: a/a Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai – 400055, India | Tel: +91 22 3064 2100/+91 22 6885 1500 Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000 Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281 INTEGRATED ANNUAL REPORT 2025-26 'The World’s Local EPC Partner' is the At the core of this approach lies the KPIL’s impact extends far beyond project Company's ability to leverage international execution. Through local employment philosophy that drives Kalpataru Projects expertise, multicultural perspectives, and generation, capability building, skills deep market understanding to deliver development, and the strengthening of International Limited’s global growth complex infrastructure projects with agility regional supply chains, the Company and precision. With footprints spanning creates enduring economic and social journey and defines its approach to more than 75 countries and a workforce value within the communities where it representing over 50 nationalities, Kalpataru operates. delivering world class infrastructure across Projects International Limited (KPIL) From expanding energy access across diverse geographies. combines the scale of a global EPC leader Africa and enabling sustainable with the adaptability and insight needed to urbanisation in Asia to advancing grid succeed across diverse local environments. modernisation in Europe and developing The Company’s commitment to building strategic energy infrastructure in the strong stakeholder relationships, developing Middle East, KPIL is helping shape the local talent, fostering regional partnerships, foundations of progress worldwide. and embedding itself within the markets Guided by its philosophy of being it serves enhances execution agility 'The World's Local EPC Partner', the Hanimaadhoo International Airport, Maldives and strengthens project delivery across Company remains committed to creating geographies. This approach enables the infrastructure that drives inclusive growth, Company to respond effectively to local strengthens communities, and contributes infrastructure needs while maintaining the to a more connected, resilient, and highest standards of quality, safety, and sustainable future. sustainability. GLOBAL FOOTPRINT Americas Asia Pacific Europe 12 20 7 Countries Countries Countries Africa Middle East 30 7 Countries Countries Countries ABOUT THE REPORT CONTENTS CAPITALS THAT POWER OUR VALUE CREATION In an increasingly dynamic global environment, our Integrated Annual Report presents a comprehensive view of how KPIL continues to create long term 62 Financial Capital value through a balanced and integrated approach. The report reflects how our strategy, operations and governance framework are aligned with evolving 66 Manufactured Capital market opportunities, stakeholder expectations and emerging risks. 72 Intellectual Capital Built on the principles of integrated thinking, the report brings together financial 76 Human Capital and non financial performance to provide insights into our business model, strategic priorities, risk management approach and sustainability agenda. It 88 Social and Relationship Capital CORPORATE PROFILE highlights how we leverage global expertise while remaining responsive to local INTEGRATED ANNUAL REPORT 2025-26 98 Natural Capital market dynamics across the geographies in which we operate. 04 At a Glance The report also outlines our continued focus on strengthening execution About the Cover Design GOVERNANCE AND capabilities, fostering stakeholder trust and embedding responsible business The cover showcases Kalpataru’s 06 Highlights of FY 2025-26 landmark EPC projects across diverse RISK OVERSIGHT practices across operations. Through the effective utilisation of our six capitals, geographies, reflecting its global 08 From the Chairman’s Desk we continue to drive resilient and sustainable growth. presence and execution capabilities. 12 Message from the MD & CEO 114 Board of Directors 16 Performance Highlights FY 2025-26 119 Key Management 18 Our Journey 120 Our Governance Framework Disclaimer Frameworks, Guidelines and Standards 20 The KPIL Edge 125 Shareholder Centric Management This document contains statements regarding expected future events and financial performance of Kalpataru Projects International Limited The Integrated Annual Report for FY 2025-26 has been 22 Engineering Impact across Continents 129 Risk Management and Internal Controls (formerly Kalpataru Power Transmission Limited), which are forward- prepared in accordance with the following frameworks, looking in nature. Such statements involve known and unknown risks, standards and regulatory requirements: 30 Diversified Businesses. Unified EPC Strength 132 Ethics and Compliance Management uncertainties and other factors that may cause actual outcomes to differ materially from those expressed or implied. • Global Reporting Initiative 2021 (GRI) Readers are cautioned not to place undue reliance on these • International Integrated Reporting Framework (<IR>) statements. This document should be read in conjunction with • Business Responsibility and Sustainability Reporting 134 Awards and Recognition the assumptions, qualifications and risk factors outlined in the (BRSR) based on the National Guidelines on Management Discussion and Analysis section of this Integrated Report. Responsible Business Conduct (NGRBC) STATUTORY REPORTS • United Nations Sustainable Development Goals (UN SDGs) 136 Management Discussion and Analysis • United Nations Global Compact (UNGC) • Companies Act, 2013 156 Board’s Report • Indian Accounting Standards (Ind AS) 179 Report on Corporate Governance • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) 208 Business Responsibility and Regulations, 2015 Sustainability Report (BRSR) Scope of Reporting FINANCIAL Scan the QR code to access the report online. Kalpataru Projects International Limited (formerly Kalpataru TRANSFORMING STATEMENTS Power Transmission Limited), herein referred to as ‘KPIL’, ‘the For further information, visit: OPPORTUNITIES INTO www.kalpataruprojects.com Company’, ‘we’, ‘us’ or ‘our’, presents its Integrated Report for 266 Standalone Financial Statements FY 2025-26. The report covers the Company’s financial and LASTING OUTCOMES Fe [Showing first 8,000 characters — download PDF for full document]