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 31st October, 2026 The Secretary, The Vice President National Stock Exchange of India Ltd., Metropolitan Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block Building A, Unit 205A, 2nd Floor, Bandra Kurla Complex, Piramal Agastya Corporate Park, Bandra (E), Mumbai- 400 051. L.B.S Road, Kurla West, Mumbai - 400 070 Scrip Symbol: DPSCLTD Scrip Symbol: DPSCLTD Ref: Notice bearing Ref. No. MSE/LIST/2026/1283 dated 30th October, 2026 issued by MSE and Notice bearing Ref. No. NSE/LIST-SOP/COMB/FINES/1209 dated 30th October, 2026 issued by NSE Sub: Notices for non-compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir(s), In accordance with the provisions of the SEBI Circular bearing Ref. No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026, we would like to inform that the Company has received notices bearing reference nos. MSE/LIST/2026/1283 dated 30th October, 2026 issued by MSE and NSE/LIST-SOP/COMB/FINES/1209 dated 30th October, 2026 issued by NSE, intimating the Company of non-compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations”). The said Notices are enclosed herewith as Annexure – I. The said non-compliance relates to delay in submission of the Annual Report of the Company for the financial year 2025-26, on the NSE and MSE platforms, resulting in the levy of a fine in accordance with aforesaid SEBI Circular. Please note that the reasons for the delay was also communicated to the aforesaid Stock Exchanges on 8th October, 2026 and once again to NSE on 27th October, 2026. Copies of the said communication are annexed for your reference as Annexure-II. A disclosure as per the SEBI Listing Regulations and the aforesaid SEBI Circular is annexed with Annexure-A. This intimation is also being uploaded on the website of the Company at www.indiapower.com Thanking you, Yours faithfully, For India Power Corporation Limited (Under CIRP) MS Mano Ranjani, 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 Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 ANNEXURE-A Disclosures as per the SEBI Listing Regulations and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 Sr. No. Particulars Details 1 Name of the Authority National Stock Exchange of India Limited and Metropolitan Stock Exchange of India Ltd 2 Nature and details of the action(s) Non-compliance with submission of Annual Report 2025-26 under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) 3 Date of receipt of communication from the 30th October, 2026 Authority 4 Details of the violation(s)/contravention(s) Regulation 34 of SEBI (Listing Obligations and committed or alleged to be committed Disclosure Requirements) Regulations, 2015 5 Impact on financial, operation or other There is a financial impact of Rs.2.42 Lakhs as activities of the listed entity, quantifiable in on date. There is no impact on the operations monetary terms to the extent possible and/ or other activities of the Company due to the Notices. The Notices are currently being reviewed, and appeal(s) would be filed for waiver of penalties. Thanking you, Yours faithfully, For India Power Corporation Limited (Under CIRP) MS Mano Ranjani, 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 Confidential MSE/LIST/2026/1283 October 30, 2026 The Company Secretary DPSC Limited Plot No X 1-2 & 3 Block - EP Sector - V Salt Lake City, Kolkata, West Bengal 700091 Dear Sir/Madam, Sub: Levy of penalty towards non-compliance of Reg. 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Company is advised to refer the SEBI circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, issued on July 11, 2023, last updated on January 30, 2026, issued by SEBI with respect to penal actions prescribed for non- compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and Standard Operating Procedure for suspension. In view of the above, the Exchange has observed below non-compliance for the Financial Year 2025-26. Due date to Date of Annual Applicable submit General Meeting Date of Delay in Basic fine Remarks Regulation of Annual (“AGM”)/ Due Submission no. of Listing Report date of of days Regulations (FY 2025 - convening AGM Annual 2026) (FY 2025 -2026) Report Reg. 34 - 08-09-2026 - 51 102000 Non (As on date) Submission Total Basic Fine 102000 Add: GST (@18 %) 18360 Total Basic Fine Plus GST 120360 The Company is advised to note that as per the provisions of SEBI SOP circular: - The Company is required to ensure compliance with the above regulation(s) and ensure to pay the aforesaid fine(s) including GST within 15 days from the date of this letter failing which exchange shall in accordance with the SEBI SOP Circular, initiate the process for freezing the entire demat account of the promoters of the Company. The freezing shall be done for shareholding in this entity as well as all other securities held in the demat accounts of the promoters of the Company. Further, please note that fine shall continue to increase per day in accordance with the SEBI SOP Circular till the date of compliance. - The Company is also advised to ensure that the subject matter of non-compliance which has been identified and indicated by the Exchange and any subsequent action taken by the Exchange in this regard shall be Confidential placed before the Board of Directors of the Company in its next meeting. Comments made by the Board shall be duly informed to the Exchange. In case of any clarifications in this matter, please feel free to call Mr. Hukam Raj at 022-6112 9123/9050 or email at listing@mse.co.in For and on behalf of Metropolitan Stock Exchange of India Limited Sd/- Mahendra Choudhari AVP – Listing Company is requested to remit the fine through electronic transfer to the below mentioned bank account: Beneficiary Name Metropolitan Stock Exchange of India Limited Beneficiary Account Number 00600340066971 205A, 2nd Floor, Piramal Agastya Corporate Park, Sunder Bung Lane, Kamani Beneficiary Address Junction, LBS Road, Kurla West, Mumbai – 400070 Beneficiary Bank & Branch HDFC Bank Ltd, Nanik Motwani Marg, Fort, [Showing first 8,000 characters — download PDF for full document]