Outcome of Board Meeting

July 22, 2026 The BSE Limited, The National Stock Exchange Corporate Relations Department, of India Limited, P.J. Towers, Department of Corporate Services, Dalal Street, Exchange Plaza, 5th Floor, Mumbai-400 001. Bandra-Kurla Complex, Scrip Code: 533263 Mumbai-400 051. Scrip Code: GREENPOWER Dear Sir / Madam, Sub: Intimation on the Outcome of the Board Meeting under Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Further to our letters dated July 16, 2026 and in accordance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform you that the Board of Directors of the Company at its Meeting held today, i.e., July 22, 2026 has inter alia, approved the following: 1. Financial Results Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: a. Standalone un-audited Financial Results of the Company for the quarter ended June 30, 2026. b. Consolidated un-audited Financial Results of the Company for the quarter ended June 30, 2026. c. Limited Review Report on the un-audited Standalone and Consolidated Financial results for the quarter ended June 30, 2026. d. Statement of Deviation/ Variation of funds raised for Rs. 250 Crores through rights issue for equity shares pursuant to Regulation 32(1) of SEBI LODR 2. Approval to Withdraw the Merger Proposal and Proceed with the Liquidation of Orient Green Power Europe B.V.(OGPE) The Board at its meeting dated May 11, 2026 accorded its in-principle approval for the proposal to Merge M/s. Orient Green Power Europe B.V (OGPE) (Wholly Owned Subsidiary) into M/s. Orient Green Power Company Limited (OGPL) (Holding Company). In order to minimize delays associated with the proposed cross-border merger and to expedite the repatriation of assets to the Company, the board at its meeting held today i.e July 22, 2026 has accorded its approval for withdrawal of the merger proposal and initiation of the voluntary liquidation of Orient Green Power Europe B.V., subject to compliance with the applicable laws and regulations in India and the Netherlands. The relevant details of the Transaction as prescribed under SEBI Listing Regulations read with SEBI Master circular dated January 30, 2026 are as under: S.No Details of Event Particulars of the event 1 Date of such binding Not Applicable agreement, if any, entered for sale of such unit/division, if any 2 Amount & percentage of Nil turnover or revenue or income and net worth of the listed entity contributed by such unit or division during the last financial year 3 date of closure or estimated subject to the approval of Government/ time of closure; Regulatory approvals applicable in India and Netherlands 4 Reasons for closure OGPE is a wholly owned subsidiary of the Company. OGPE did not commence business since incorporation. OGPL holds certain investments through OGPE considering the above facts it was decided to merge OGPE with the Company. However, subsequently resolved to liquidate, as the same commercial objectives shall be achieved within less time frame. 3. Intimation for revised timeline for commissioning of the Solar and Wind Repowering Projects Pursuant to our intimations dated December 29, 2025, January, 29 2026, February 27, 2026 and April 18, 2026 regarding various contracts entered into by subsidiaries of company namely M/s. Delta Renewable Energy Private Limited and M/s Clarion Wind Farm Private Limited for developing 17.6 MW AC solar power project and 7.8 MW wind farm repowering, we hereby wish to inform you that, the Board of Directors of the company at the meeting held today (July 22, 2026), took cognizance of satisfactory progress in execution of the contracts and their present status. Accordingly the Board of Directors have accorded September 30, 2026 as the revised date of commencement of commercial production, subject to receipt of necessary approvals from regulatory authorities The Board Meeting commenced at 02.00 pm and concluded at 05.20 pm. Thanking you, Yours faithfully, For Orient Green Power Company Limited G. Srinivasa Ramanujan Company Secretary & Compliance Officer OGPL reports financial results for Q1 FY27 Chennai, July 22, 2026 – Orient Green Power Company Limited (NSE - GREENPOWER | BSE - 533263 | INE999K01014), One of India’s foremost independent renewable power producers, focused on renewable energy operations, has reported its Financial Results for Q1 FY27. Key Financial Highlights Consolidated Particulars (₹ Cr) Q1 FY26-27 Q1 FY25-26 YoY Revenue from Operations 81.43 87.38 (7%) EBITDA 60.01 65.92 (9%) EBITDA Margin (%) 70% 71% - Net Profit 23.94 28.62 (16%) Net Profit margin (%) 28% 31% - Key Financial Highlights Business Highlights of Q1 FY27: ● The wind availability during the quarter is moderate and hence our y-o-y revenues and EBITDA were lower by 7% and 9% respectively. The Generation from recent capacity additions significantly mitigated the impact of shortfall. ● Commissioned a 3.3 MW wind turbine during the quarter. This is in addition to the two 3.3 MW turbines commissioned in the previous quarter. ● Our repowering initiatives for certain old wind assets, solar capacity additions are progressing as per schedule and are expected to commence generation from the second half of this fiscal. Commenting on the performance, Mr. T Shivaraman, Managing Director & CEO, said: “The current quarter experienced delayed and moderate wind availability compared to the exceptionally strong wind conditions in the corresponding quarter of the previous year. Our y-o-y revenues and EBITDA were lower by 7% and 9% respectively. The Generation from recent capacity additions significantly mitigated the impact of shortfall. The net profit margin declined by 16%, primarily due to a reduction in interest income following the utilization of rights issue proceeds that were previously held as deposits, along with an increase in depreciation arising from recent capacity additions. During the quarter, we commissioned a 3.3 MW wind turbine, in addition to two 3.3 MW turbines commissioned in the previous quarter. As communicated in our earlier disclosures, the 17.6 MW solar capacity addition, as committed under the rights issue, is progressing in line with the planned timelines. Further, the repowering of 7.8 MW of older wind turbine capacity, aimed at improving operating efficiencies, is also advancing as per plan. The overall capex program is expected to be completed in the upcoming quarter and is anticipated to be operational from the second half of FY 2026–27. These capacity additions, along with a full year of operations from the recently commissioned assets, are expected to support improved profitability in the current fiscal. As we look ahead, the above initiatives along with the component upgradation undertaken over the previous years are anticipated to generate improved returns and reinforce the company’s efforts to sustain the growth momentum in the years to come.” out Orient Power Company Limited Orient Green Power Company Limited (OGPL), headquartered in Chennai and promoted by SVL Limited, is among the largest independent renewable power producers in India. The Company energy portfolio aggregates to ~400 MW which include, 381.7 MW of wind power capacity across high-potential states such as Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka, alongside a 10.5 MW wind farm in Croatia, Europe and a 7 MW solar power plant in Tamil Nadu. As a top independent operator and developer of wind farms in India by aggregate installed capacity, OGPL has built its expertise in identifying optimal locations, deploying advanced wind turbine designs, and maximizing generation efficiency. Its projects are strategically located in states with strong wind energy potential and supportive renewable energy policies, reinforcing its competitive positioning in the sector. By combining years of [Showing first 8,000 characters — download PDF for full document]