General Updates

Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 Ref: IPCL/SE/LODR/2026-27/IBC Date: 1st October, 2026 The Secretary The Vice President National Stock Exchange of India Limited 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 Dear Sir(s), Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Vacation of Office by Directors in a Material Subsidiary Company Please note that the Company is currently undergoing Corporate Insolvency Resolution Process (CIRP) vide an order dated 15th May, 2026 of the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench-1. Pursuant to Section 17 of the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors of the Company stand suspended and are being exercised by the Resolution Professional, Ms. Medarametla Sreenivasa Manoranjani. Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that: i. Mr. Sajjan Kumar Khandelwal (DIN: 08838631) has vacated the office as an Additional Director and consequently as the Wholetime Director of IPCL Power Limited (IPL), a material subsidiary of the Company, with effect from close of business hours on 30th September, 2026; and ii. Ms. Pragya Jhunjhunwala (DIIN: 02315132) has vacated her office as an Additional Director of IPL, with effect from close of business hours on 30th September, 2026. IPCL Power Limited has not conducted the Annual General Meeting on or before 30th September, 2026, i.e., the last date on which the annual general meeting should have been held, therefore, the aforesaid Directors have vacated their offices. The details as required under the Listing Regulations read with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, as amended from time to time, are enclosed herewith as Annexure A. This is for your kind information and records. 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 Encl: as above 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. Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/ CFD/ PoD2/ CIR/ P/0155 dated 11th November, 2024 Particulars Information Reason for change viz. Mr. Sajjan Kumar Khandelwal (DIN: 08838631) and Ms. Pragya appointment, re-appointment, Jhunjhunwala (DIN: 02315132) were appointed as Additional resignation, removal, death or Directors of IPCL Power Limited (IPL), a material subsidiary the otherwise (Vacation of office Company w.e.f. 24th December, 2025 and 24th April, 2026 under section 161 of the respectively to hold office up to the date of ensuing Annual General Companies Act, 2013) Meeting of IPL or the last date on which the Annual General Meeting should have been held i.e. 30th September, 2026, whichever is earlier. Mr. Khandelwal was also appointed as a Wholetime Director with effect from 24th December, 2025, subject to approval of the shareholders. AGM of IPL was not held till 30th September, 2026. As a result, Mr. Sajjan Kumar Khandelwal vacated his office as an Additional Director and consequently as a Wholetime Director with effect from close of business hours on 30th September, 2026 and Ms. Pragya Jhunjhunwala vacated her office as an Additional Director with effect from close of business hours on 30th September, 2026. Date of appointment/ vacation With effect from close of business hours on 30th September, 2026. of office re-appointment /cessation(as applicable) & term of appointment/re-appointment Brief profile (in case of Not Applicable appointment) Disclosure of relationships Not Applicable between directors (in case of appointment of a director) 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