We hereby enclose copy of newspaper advertisement for outcome of postal ballot and opening of special window for relodgement of transfer requests of physical shares.

October 02, 2026 The Corporate Relationship Department The Calcutta Stock Exchange Ltd. BSE Limited 7, Lyons Range, Dalhousie P.J. Towers, Dalal Street Kolkata- 700001 Mumbai- 400001 Scrip Code: 10013217 Scrip Code: 500089 The Listing Department National Stock Exchange of India Limited, Exchange Plaza, C/1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051 NSE Symbol: DICIND Subject: Newspaper Advertisement for Outcome of Postal Ballot and for opening of special window for re lodgement of transfer requests of physical shares. Ref: Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Madam/ Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose copies of the newspaper advertisement published with respect to Outcome of Postal Ballot and for opening of special window for re lodgement of transfer requests of physical shares published in the following newspapers: • Business Standard, (English Language) • Aajkal (Regional Language) This is for your kind information and records. For DIC India Limited Meghna Saini Company Secretary, Compliance Officer & Head-Legal Membership No. A42587 DIC INDIA LIMITED Corporate Office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303 Tel: +91-120-6361414 I Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in I Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 18 TH E SMA RT | N V E STO R KOLKATA | FRIDAY, 2 OCTOBER 2026 Business Standard GEC-III sector-positive, withdrawal from FDs attracts Management Company (AMC). penalties. “TMFs offer exposure SDLs beyond 10 years offer but execution depends YOUR to multiple securities, whereas an spreads over many corporate FD places money with a single bonds. Srivastava finds current MONEY institution,” says Juzer Gabaji- yields attractive for locking in for wala, director, Ventura. In TMFs, 10 years. Investors must match a tax applies on redemption, allow- TMF’s maturity with their hor- heavily on state utilities ing pre-tax compounding with- izon. Choosing on YTM alone Invest in target maturity out tax deducted at source (TDS). becomes an interest-rate bet. For Declining interest rates can gen- instance, avoid a 10-year fund for funds to lock in rising yields erate mark-to-market gains. atwo-year goal. “Its modified dur- ation could be closer to six years, Key risks increasing interest-rate risk if DEVANGSHU DATTA crore for PGCIL and Adani Energy. These funds are subject to interim yields rise,” says Srivastava. New Del1 hOctiob,er Battery deployment reinforces the HIMALI PATEL ate bonds maturing around the volatility. Returns can differ opportunity for domestic battery fund’s target date. Investors slightly from yield to maturity Portfolio composition The Cabinet approved the Green manufacturing, and for designing The 10-year government security receive their proceeds on the (YTM) at entry. “Coupon reinvest- Gsecs minimise credit risk and are Energy Corridor Phase-III (GEC-III) and executing BESS. Greater policy (Gsec) yield closed at 7.21 per fund’s maturity date. ment, fund expenses, and cash highly liquid. SDLs offer spreads on September 30. This scheme is focus could lead to higher domestic cent on October 1, 2026, its high- TMFs have high-quality port- holdings can create some track- over Gsecs. AAA PSU bonds typi- designed tostretnheg inttrha-setante content requirements eventually, est level since April 19, 2024. folios and offer predictable ing difference,” says Dalal. cally offer strong credit quality, transmission system (InSTS) and although initial imports maybe high, Target maturity funds (TMFs) returns if held till maturity. Since supported by government owner- facilitate the transmiosf supitoo 1n35 especiin baatlterlieys. RE developers offer investors a chance to lockin they replicate an index, they are Choose the right tenure ship. Private AAA bonds are safe gigawatt (Gw) of renewable energy have faced project delays due to yields, provided their maturity not subject to fund manager risk. The one-tothree-year segment of but face higher credit and down- (REb)y financial year 2032-33 (FY33). evacuation constraints, which have matches their horizon. the yield curve offers attractive grade risksthan government- GEC-III estimates a total project also led to lower participation in bid- TMFs versus FDs risk-adjusted returns. “This seg- backed securities. When outlay of [1.86 trillion — 71.36 trillion ding due to transmission-related Value emerging Both are taxed at the marginal ment has relatively higher sec- comparing returns of a TMF with for InSTS infrastructure, and execution risks. This situation could Value is emergingin the bond rate but TMFs’ gains are capital ondary market liquidity. It should those ofan FD, compare returns of 50,000 crore for 50 gigawatt-hour change if GEC-III is executed well, market. “Two- to three-year AAA- gains. “Eligible capital losses can also help limit volatility if policy AAA bond TMFs with those of (GWh) of battery energy storage leading to a boost for RE equipment rated bonds are offering yields of be set off against capital gains,” rates rise,” says Dalal. similarly rated FDs or strong system (BESS). Capex in GEC-IIlisin makers and developers. around 7.5-7.75 per cent,” says says Manish Srivastava, executive “Three- to five-yeAaArA PSU banks. “Comparing small finance addition to the inter-state trans- Likely beneficiaries A large number of players could Dhawal Dalal, president and chief director, Anand Rathi Wealth. bonds at around 7.90 per cent bank FD rates with AAA-rated cor- mission system (ISTS) projects benefit from GEC-III. Thisis positive investment officer (CIO) — fixed Interest income from FDs is not offer an attractive balance of yield, porate bond yields is inappropri- = PGCIL, Adani Energy could see awarded underthet ariff-bascoemd- for transmission utilities like Power income, Edelweiss Mutual Fund eligible for this. TMFs permit any- duration, and credit quality,” says ate because their risk profiles higher order inflows petitive bidding (TBCB) route. GEC- Grid, Adani Energy, and Torrent (MF). “Yields near 7.2 per cent with time redemption at net asset Anurag Mittal, president and differ,” says Gabajiwala. Ti willhave %54,080 crore of financial = GE Vernova, Hitachi Energy, Power, as well as for RE developers the repo rate at 5.25 per centimply value (NAV), whereas premature head — fixed income, UTI Asset support from the Centre to offset CG Power to benefit like Acme Solar, and JSW Energy. an unusually wide term premium, Consider staggered entry Top 5 TMFs offering highest YTM intra-state transmission charges. = BESS makers stand to gain BESS manufacturers like Premier making locking in appealing,” says Yields could rise further. “Fiscal Transmission utilities of the from storage push Energies would also benefit from Vijay Kuppa, chief executive pressure, inflation risks from states will be the implementing GEC-III.GEVernova, Hitachi Energy, officer (CEO), InCred Money. Fund Annualised YTM (%) higher oil prices and El Nifio = Private transmission firms to agencies. Thescheme envisagesthat and CG Power too should benefit by TMFs respond faster to Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 716 could accentuate the pressure on benefit from TBCB route greenfield transmission projects will supplying critical transmission changes in bond yield levels than Kotak Nifty AAA Bond Financial Services - Mar 2028 1722 bond yields,” says Mittal. Kuppa be implemented through TBCB, = RE equipment makers may see a equipment. The outlay for GEC-III is bank fixed deposits (FDs). adds that staggered entry over a Nippon India CRISIL IBX AAA Financial Services - Jan 2028 1722 under the build-own-operate-main- pick up in project [Showing first 8,000 characters — download PDF for full document]