Outcome of Board Meeting

adani Power Date: July 22, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, “Exchange Plaza”, Dalal Street, Bandra – Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 533096 Scrip Code: ADANIPOWER Dear Sir/ Madam, Sub: Outcome of Board Meeting of Adani Power Limited (the “Company”) held on July 22, 2026 In terms of provisions of Regulation 30 (Part A of Schedule Ill) read with other applicable Regulations of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended, this is to inform that the Board of Directors of the Company (the “Board”), at its meeting held on July 22, 2026, which commenced at 11:00 a.m. and concluded at 01:25 p.m., has, inter-alia: 1. Approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026 (the “Unaudited Financial Results”), along with the Auditors’ Limited Review Report and Security Cover Certificate of the Statutory Auditors of the Company. Copy of the same is enclosed herewith. The Unaudited Financial Results are also being uploaded on the Company’s website at www.adanipower.com. The press release dated July 22, 2026, on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026, is enclosed herewith. 2. Approved the raising of funds by way of issuance of such number of equity shares having face value of Rs. 2 each of the Company and / or other eligible securities or any combination thereof (hereinafter referred to as the “Securities”), for an aggregate amount not exceeding Rs. 15,000 crore or an equivalent amount thereof by way of qualified institutions placement (“QIP”) or other permissible mode, in one or more tranches and in accordance with the applicable laws, subject to the receipt of the necessary approvals including approval of the shareholders of the Company and other regulatory / statutory approvals, as may be required. Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN: L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421 adani Power The details in this regard, as required to be disclosed under Regulation 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/ 2026 dated January 30, 2026, are also enclosed herewith as “Annexure A”; 3. Approved the proposal for increasing the borrowing limits under section 180(1)(c), section 71 and other applicable provisions of the Companies Act, 2013 and rule made thereunder, from Rs. 75,000 crores (Rupees Seventy- Five Thousand Crores) to Rs. 1,00,000 crores (Rupees One Lakh Crores), over and above Company’s paid up capital, free reserves and share premium and utilize the said limit for the purpose of raising loans, borrowings, issuing debt securities or debt instruments and such other permissible securities by way of private placement, public issue or other permissible mode, in one or more tranches and in accordance with the applicable laws, subject to the receipt of the necessary approvals, including approval of the shareholders of the Company and other regulatory / statutory approvals, as may be required. 4. To seek the requisite approvals of the members of the Company for, inter alia, the aforementioned matters, the Board has also approved the notice for convening an Extra-Ordinary General Meeting (“EGM”) of the Company. The EGM is scheduled to be held on Friday, August 14, 2026, at 11:00 AM (IST) through Video Conferencing or Other Audio-Visual Means. Kindly take the above on record. Thanking You Yours Faithfully, For, Adani Power Limited Puneet Bansal Company Secretary Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN: L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421 adani Power ANNEXURE A DETAILS AS PER REGULATION 30 OF THE LISTING REGULATIONS READ WITH SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/ 2026 DATED JANUARY 30, 2026: SN Particulars Description 1 Type of securities proposed Equity Shares and / or other eligible to be issued (viz. equity securities (hereinafter referred to as the shares, convertibles etc.) “Securities”) or any combination thereof, in accordance with applicable law, in one or more tranches. 2 Type of issuance (further Qualified institutions placements (“QIP”) public offering, rights issue, in accordance with the provisions of depository receipts Chapter VI of the Securities and (ADR/GDR), qualified Exchange Board of India (Issue of Capital institutions placement, and Disclosure Requirements) preferential allotment etc.); Regulations, 2018, Section 42 and other applicable provisions of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securities) Rules, 2014 and other applicable laws, or through any other permissible mode and/or combination thereof as may be considered appropriate under applicable law. 3 Total number of securities Upto an aggregate amount not exceeding proposed to be issued or the Rs. 15,000 crore or an equivalent amount total amount for which the thereof (inclusive of such premium as securities will be issued may be fixed on such Securities), in one (approximately); or more tranches, at such price or prices as may be permissible under applicable law. 4 In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): Not Applicable 5 In case of bonus issue the listed entity shall disclose the following additional details to the stock exchange(s): Not Applicable 6 In case of issuance of depository receipts (ADR/ GDR) or FCCB the listed entity shall disclose following additional details to the stock exchange(s): Not Applicable Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN: L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421 adani Power SN Particulars I Description 7 In case of issuance of debt securities or other non-convertible securities the listed entity shall disclose following additional details to the stock exchange(s): To be determined by the Board or duly constituted Committee thereof. 8 Any cancellation or termination of proposal for issuance of securities including reasons thereof: Not Applicable Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN: L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421 SR BC & CO LLP 21st Floor, B Wing, Privilon Ambli BRT Road, Behind lskcon Temple Chartered Accountants Off SG Highway, Ahmedabad • 380 059, India Tel : +91 79 6608 3900 Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Adani Power Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Adani Power Limited (the "Holding Company") and its subsidiaries (the Holding Company and [Showing first 8,000 characters — download PDF for full document]