GIPCL intimation regarding acceptance of order by M/s. Bondada Engineering Limited

GUJARAT INDUSTRIES POWER COMPANY LTD. Regd. Office: P.O. Ranoli - 391 350, Dist. Vadodara, Gujarat - INDIA CIN: L99999GJ1985PLC00786 SEC: REG.30/2026 17th October, 2026 The General Manager The General Manager Corporate Relations Department Listing Department BSE Ltd. National Stock Exchange of India Ltd. 1st Floor, New Trading Ring "Exchange Plaza", C-1, Block 'G', Sir Phiroze Jeejeebhoy Towers, Dalal Street, Bandra-Kurla Complex, Bandra {East) Mumbai: 400 001. Mumbai: 400 051. Scrip Code: 517300 Scrip Symbol: GIPCL. REF.: INTIMATION DATED 11/08/2026 UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 SUB.: ACCEPTANCE OF LOI BY M/S. BONDADA ENGINEERING LIMITED. Dear Sir/ Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our earlier intimation dated 11/08/2026 regarding the award of a contract to M/s. Bondada Engineering Limited, Hyderabad, for the design, engineering, supply and procurement, civil and structural works, erection, testing, commissioning, and operation & maintenance for a period of ten {10) years of a Battery Energy Storage System {BESS) having a rated capacity of 20 MW/120 MWh at the point of injection (132 kV GIPCL Substation) of the Company, we wish to inform as under: Subsequent to the approval received from GUVNL, the Company has issued a Letter of Intent {Loi) to M/s. Bondada Engineering Limited, Hyderabad and the same has been duly accepted by M/s. Bondada Engineering Limited on 17/10/2026 through e-mail communication. Further, it is hereby clarified that all other details required under the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2024/155 dated 11 November 2024 remain unchanged and are as disclosed in the Company's earlier intimation dated 11/08/2026. Kindly take the above on records. Yours faithful! For Gujarat In ompany Limited C"§,"" .......... ~ 't., CS Shalin PM Company Secre ...___ iance Officer Regd. Office & Vadodara Plant: AN Surat Lignite Power Plant: P.O. Ranoli -391 350, Dist. Vadodara, Gujarat-lNDIA 110 9001, 14001 Village: Nani Naroli, Tai. Mangrol, Dist: Surat 394110 Gujarat, INDIA 11001,I0001 Phone:EPABX(0265)2232768Fax:2230029 COMPANY Phone: EPABX (02629) 261063 to 261072 Fax: 261080 Email: cs@gipcl.com Email: genslpp@gipcl.com Website: www.gipcl.com