Corporate Insolvency Resolution Process

Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026` Ref: IPCL/SE/LODR/2026-27/IBC Date: 9th October, 2026 The Secretary, The Vice President National Stock Exchange of India Limited Metropolitan Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Building A, Unit 205A, 2nd Floor, Bandra Kurla Complex, Bandra (E), Piramal Agastya Corporate Park, L.B.S Road, Kurla Mumbai - 400 051 West, Mumbai - 400 070 Scrip Symbol: DPSCLTD Scrip Symbol: DPSCLTD Dear Sirs / Madam, Ref: Notice bearing Ref. No. NSE/LIST-SOP/FINES/1028 dated September 11, 2026 issued by NSE and Notice bearing Ref. No. MSE/LIST/2026/1110 dated September 11, 2026 issued by MSEI Sub: Intimation of the Meeting of the Suspended Board of Directors with the Resolution Professional (RP) (Management Committee) pursuant to Regulation 29(1)(a) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (Listing Regulations) Please refer to Company’s intimation / notice dated 14th August, 2026 regarding postponement of the Management Meeting of the Company to inter-alia consider and approve the un-audited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026 and subsequent intimation by the Company of your above notice dated 12th September, 2026. Pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that a meeting of the Suspended Board of Directors with the Resolution Professional (Management Committee) of the Company is scheduled to be held on Thursday, 29th October, 2026 at 3:00 P.M. at the Registered Office of the Company situated at Plot No. X1 – 2 & 3, Block EP, Sector V, Salt Lake City, Kolkata – 700 091, through Video Conferencing / other audio-visual means to inter-alia to consider and approve the un-audited Standalone and Consolidated Financial Results for the quarter ended on 30th June, 2026. As you are aware 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 Srinivasa Manoranjani. Further, the Trading Window for dealing in the securities of the Company by the Designated Persons and their immediate relatives shall continue to remain closed and shall reopen 48 hours after the declaration of the aforesaid financial results, in accordance with the applicable provisions. This is for your information and records. A copy of this intimation is also being made available on the website at www.indiapower.com Yours faithfully, For India Power Corporation Limited (Under CIRP) Srinivasa Manoranjani Medarametla, 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