NSEGeneral Updates30 Jun 2026 · 30 Jun 2026, 07:56 pm

General Updates

CESC Limited · CESC

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CESC Limited has informed the Exchange about the incorporation of a Wholly Owned Subsidiary Company named Novarion Power Private Limited (NPPL) by Crescent Power Limited, a subsidiary of the Company.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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CESC Limited has informed the Exchange about General Updates

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CESC_30062026195608_1.pdf

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DOC:SEC:1859/2026-27/120 June 30,2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, Dalal G- Block, Bandra – Kurla Complex, Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 SCRIP CODE: 500084 SCRIP CODE: CESC Dear Sir/ Madam, Sub: Incorporation of Subsidiary Company Ref: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”) Pursuant to provisions of Regulation 30 of SEBI Listing Regulations, 2015, it is hereby informed that Crescent Power Limited, a subsidiary of the Company has incorporated a Wholly Owned Subsidiary Company named Novarion Power Private Limited (NPPL) (CIN: U35106WB2026PTC288690) on June 30, 2026. We request you to kindly take the above information on record and oblige. Thanking you Yours faithfully, For CESC Limited Jagdish Patra Company Secretary & Compliance Officer Annexure-A Particulars Details 1. Name of the target entity, details in Name of the subsidiary incorporated: brief such as size, turnover etc. Novarion Power Private Limited (NPPL). Turnover: Not applicable as it is a newly incorporated Company. 2. Whether the acquisition would fall NPPL has been incorporated as a wholly owned within related party transaction(s) and subsidiary (“WOS”) of Crescent Power Limited whether the promoter/ promoter group/ (“Crescent”) (a subsidiary of the Company). group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3. Industry to which the entity being Renewable power sector acquired belongs 4. Objects and impact of acquisition NPPL will explore opportunity in renewable power (including but not limited to, sector. disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any governmental or Not applicable as NPPL is a newly incorporated regulatory approvals required for the Company. Acquisition 6. Indicative period for completion of the Not applicable as NPPL has been newly acquisition incorporated. 7. Consideration - whether cash NPPL is a WOS of Crescent. The subscribed and consideration or share swap or any paid-up capital of NPPL is Rs. 1,00,000/- (Rupees other form and details of the same One Lakh Only) 8. Cost of acquisition and/or the price at Please see point (7) above. which the shares are acquired 9. Percentage of shareholding / NPPL has been incorporated as a WOS of Crescent. control The Company holds 67.83 % in Crescent. acquired and / or number of shares acquired 10. Brief background about the entity Please see point (1) to (4) above. acquired in terms of products/line of business acquired, date of Date of Incorporation is June 30, 2026. incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)