The Board of PTC in its meeting held on 26th October 2026 approved the incorporation of wholly owned subsidiary for setting up mineral exchange, as per attached disclosure.

Date: 26th October, 2026 Listing Deptt. / Deptt. of Corporate Relations Listing Deptt. BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G Mumbai Bandra – Kurla Complex, Bandra (E), Scrip Code: 532524 Mumbai -51 Company Code: PTC Dear Sir/ Madam, Sub: Outcome of the Board Meeting held on 26th October 2026 – Incorporation of a Wholly Owned Subsidiary for setting up a Mineral Exchange Ref: Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) The Company proposes setting up the Mineral Exchange through a subsidiary as per applicable laws and rules, which will offer delivery-based electronic trading in allowed minerals and other related areas. The designated regulatory authority Indian Bureau of Mines (IBM) has invited applications for registration of companies to establish and operate a Mineral Exchange in India and the last date for submission is 2nd November 2026, however the Company has applied for the extension of time for submission of the application. This is to inform that the Board of Directors of the Company, at its meeting held today i.e. 26th October, 2026, has, inter alia, considered and approved the incorporation of a wholly owned subsidiary company (Special Purpose Vehicle), with PTC India Limited as the promoter, for establishing and operating a Mineral Exchange in India under the Mineral Exchange Rules, 2026, subject to receipt of time extension from IBM. The Board also approved equity investment of up to Rs. 65 crores in proposed subsidiary. The details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular are enclosed as Annexure-A. We shall inform further details in this regard from time to time in line with SEBI Listing Regulations. The Board Meeting commenced at 12: 15 p.m. and concluded at 12.58 pm. The above information will also be hosted on the website of the Company www.ptcindia.com. You are requested to take the same on record. Thanking You, For PTC India Limited Rajiv Maheshwari (Company Secretary) FCS- 4998 PTC India Limited (Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328 2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100, 46484200, Fax: 011-41659144 E-mail: info@ptcindia.com Website: www.ptcindia.com Annexure-A Details under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. Particulars Details 1 Name of the entity, date & country of Name of Proposed Company: As approved by incorporation, etc.; Registrar of Companies Date of Incorporation: Yet to be incorporated Country of Incorporation: India 2 Name of holding company of the The company is proposed to be incorporated as incorporated company and relation with wholly owned subsidiary of PTC India Limited. the listed entity 3 Industry to which the entity being Mineral Exchange (electronic platform for delivery- incorporated belongs based trading of minerals). 4 Brief background about the entity To establish, obtain registration for and operate a incorporated in terms of products / line of Mineral Exchange in India under the Mineral business; Exchange Rules, 2026, for market-based trading, transparent price discovery and delivery-based supply contracts in the allowed minerals. 5 Brief details of any governmental or After incorporation of SPV, the application will be regulatory approvals required for the submitted to Indian Bureau of Mines, which will incorporation; issue the Certificate of Registration subject to fulfilment of prescribed conditions and approval of the Central Government. 6 Nature of consideration - whether cash 100% subscription to the initial paid-up share capital consideration or share swap and details of in cash. the same 7 Cost of subscription / price at which the Initial subscription of Rs. 10,00,00,000/- (Rupees shares are subscribed ten crore) towards 1,00,00,000 equity shares of Rs.10 each at par. Overall equity commitment of up to Rs. 65 crore, to be invested in one or more tranches. 8 Percentage of shareholding / control by 100% (at the time of incorporation). The company is the listed entity and / or number of shares proposed to be incorporated as wholly owned allotted.] subsidiary of PTC India Limited. PTC India Limited (Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328 2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100, 46484200, Fax: 011-41659144 E-mail: info@ptcindia.com Website: www.ptcindia.com