General Updates

DOC:SEC:2034/2026-27/295 November 5, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G- Block, Bandra – Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 SCRIP CODE: 500084 SCRIP CODE: CESC Dear Sir / Madam, Sub: Investors Update In continuation to our earlier communication vide letter no: DOC:SEC:2033/2026-27/294 of even date and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby attach the copy of Investors Update being issued by the Company in this regard for your information and record. The said Investors Update will also be available on the Company’s website at www.cesc.co.in. Thanking you Yours faithfully, For CESC Limited Jagdish Patra Company Secretary & Compliance Officer Encl: As above Q2 FY27 Powering millions of Indian homes and businesses RPSG Group: Key Businesses at a Glance India’s first fully integrated utility company, Aiming serving across capacity LSG is a premier IPL franchisee focused on A - delivering transformative, AI-powered solutions at speedandscale. Too Yumm, a A company and Carbon Black player. Innovating in the through new-age brands Naturali and Within Beauty. An entertainment Company with of Eastern India’s definitive songs, films, TV serials & web series. Vision Delivering To be a responsive conglomerate driven by India’s organized retailerwith varied assortments. sustainable growth, efficiency and innovation ~US$5 Bn* ~US$900 Mn* >US$8 Bn* 1.1 million+ Group Turnover EBITDA Asset Base Shareholders 2 (*figures as of FY26) CESC: Powering millions of Indian homes and businesses Distribution NPCL, CPDL Chandigarh Greater Noida Consumer Peak Demand Sales Locations CESC Rajasthan, Bharatpur CESC Rajasthan, Thermal Generation Bikaner Purvah Green, Asansol40MW Rajasthan capacity linked to (TPP) 300 MW Thermal Plants Generation Capacity own distribution Haldia Energy Limited, Haldia 600 MW TPP CESC Rajasthan, CESC, Kolkata Renewables Kota 885 MW TPP Dhariwal Infrastructure Limited, Chandrapur 600 Operational* Contractual Mid-term Vision MW TPP Capacity Crescent Power (*includes 1.4 GWp solar assets under acquisition) Limited, Ramnad MPSL,Malegaon 18 MW Solar Solar Manufacturing Ecosystem Solar Cell & Module Distribution ThermalPower Renewable Power by 2027 CESC Investor Presentation Q2 FY27 3 Key Highlights Entered into SPA with ReNew to acquire 1.4 GWp operating renewable portfolio at an enterprise value of Rs. 4,859 Cr Purvah Green received 2 LOA issued by SECI – a) 175 MW Wind Project and 70 MW RTC project in Aug 2026 b) PPA signed for 250 MW - includes a 25-year PPA under C&I supply model with Prism Johnson for 49.5 MW Wind Project Consolidated Revenue in H1 FY27 grew 6% YoY to Rs 11,245 Cr. H1 FY27 performance remained strong, consolidated PAT stood at Rs. 857 Cr. In H1 FY27, CESC Kolkata distribution business T&D loss stood at 6.61% Standalone Revenue increased to Rs. 2,914 Cr in Q2, up 7% YoY and PAT at Rs. 256 Cr. as against Rs. 242 Cr. in Q2 FY26 BBGS TPP achieved PLF of 90.4% in Q2 FY27. Southern TPP achieved PLF of 83.8% against 29.8% YoY showing significant improvement in operations NPCL: In Q2 FY27, Revenue increased by 14% YoY to Rs. 1,002 Cr. and reported PAT at Rs. 53 Cr Sales volume stood at 1,285 MU, a growth of 11% YoY and T&D loss further reduced to 6.98% in Q2 FY27 from 8.16% in Q2 FY26 Recognised as India’s 3rd best-ranked power distribution utility by the Ministry of Power (MoP) Chandigarh Power (CPDL) reported Q2 sales volume of 603 MU (+6% YoY), generating revenue of Rs. 341 Cr, up 10% YoY Rajasthan DF: Consolidated T&D loss at 13.0 % in Q2 FY27. EBITDA at Rs. 24 Cr in Q2 FY27 Malegaon DF: T&D Loss reduced to 35.7% in Q2 FY27 from 37.3% in Q2 FY26 driven by vigilance and various loss reduction initiatives HEL & BBGS ranks amongst the top 10 Power Plants of the country in terms of PLF based on CEA Ranking. HEL tops the list being the 1st in National Ranking. CESC Investor Presentation Q2 FY27 Performance Overview – Q2 FY27 Consolidated Performance Q2 FY27 Q2 FY26 % Change H1 FY27 H1 FY26 % Change Gross Revenue (Rs Cr.) 5,686 5,351 6% 11,245 10,636 6% EBITDA (Rs Cr.) 1,217 1,217 - 2,366 2,397 (1%) PAT (Rs Cr.) 438 448 (2%) 857 855 1% Standalone Performance Q2 FY27 Q2 FY26 % Change H1 FY27 H1 FY26 % Change Generation (MU) 1,728 1,494 16% 3,397 2,966 15% Power Purchase (MU) 2,142 2,128 1% 4,474 4,470 0% Total Sales (MU) 3,468 3,226 8% 7,078 6,666 6% (incl. export & banking) Gross Revenue (Rs Cr.) 2,914 2,729 7% 5,938 5,635 5% EBITDA (Rs Cr.) 688 705 (2%) 1,319 1,371 (4%) PAT (Rs Cr.) 256 242 6% 476 453 5% CESC Investor Presentation Q2 FY27 Key Subsidiaries – Financial Performance *All figures in Rs Cr. Q2 FY27 Q2 FY26 Particulars Revenue EBITDA PAT Revenue EBITDA PAT CESC Ltd (Consolidated) 5,686 1,217 438 5,351 1,217 448 CESC Standalone 2,914 688 256 2,729 705 242 Noida Power 1,002 114 53 880 118 59 Chandigarh Power 341 12 4 309 20 11 Haldia Energy Ltd 554 199 61 556 220 84 Dhariwal Infrastructure Ltd 548 250 139 541 195 98 Crescent Power 53 21 4 60 30 12 Kota DF 309 12 1 305 8 (3) Bharatpur DF 81 5 3 82 7 3 Bikaner DF 253 7 2 237 10 4 Malegaon DF 225 (38) (42) 208 (32) (35) Purvah Green 36 24 (28) 62 (4) (3) CESC Investor Presentation Q2 FY27 Acquisition of Operating Solar Portfolio by Purvah Purvah Green signs SPA foracquisition of 100% of six SPVs from ReNew Solar Power Portfolio Quality Project Details of Acquired Assets Pokhran I Pokhran II Bhalki Chincholi Humnabad Siruguppa Rajasthan Rajasthan Karnataka Karnataka Karnataka Karnataka 1,411 Operational Capacity MWp Capacity (MWp) 810 506 24.6 24.6 24.6 24.6 Offtaker SECI SECI BESCOM BESCOM HESCOM HESCOM > 90% capacity tied up with SECI Tariff (₹/kWh) 2.18 2.18 4.85 4.84 4.86 4.76 Rs. 4,859 Cr Enterprise Value ~ Transaction expected to close before 21st Nov’26 PPA validity FY50 FY50 FY42 FY42 FY42 FY42 Rs. 600 Cr Est. Annual Revenue ~ This acquisition accelerates the journey towards becoming a 10GW RE companyin few years CESC Investor Presentation Q2 FY27 Purvah Green – The Green Pivot An operating platform today — portfolio ready Access to Best-in-Class Solar & Wind Resource Clusters Growth Vision 3.1 GWp 1.8 GWp + - = 10 GW - Under Operational* implementation Medium term Vision 3,515 MWp Land bank Operational Under implementation (U/I) 350 MW Diversified Portfolio 4.9 GWp 3,515 MWp 1,385 MW & 2,230 MWh 300MW 2.2 GWh ■Solar ■ Wind ■ BESS 735MW BESS 15,700 acres 10.4 GWConnectivity Applied Heading to 10 GW Solar Projects Wind Projects RE Sites Land under acquisition (3.8 GW Secured) + Vision 1 GW acquired* (8,900 acres Secured)* Indicative cluster | PPA Signed 4.7 GWp * Operational assets includes 1,411 MWp solar assets with 4000 acres of land acquired — subject to transaction closure expected before 21st Nov’26 CESC Investor Presentation Q2 FY27 8 Purvah Green 2.0 — Organic Momentum, Strategic Expansion The acquisition converts Purvah from a development-led platform into one generating recurring contracted cash flows today Seamless Fit — Operating Core Meets Development Pipeline Integration & Operational Synergies 1.4x Contracted Renewable Capacity acceleratesby Cash generating capacity from day one to fund growth & enhance return 4.9 GWp +1.4 GWp Solar addition diversifies the wind-heavy portfolio, improves generation profile 1.8 GW 0.4 GWp Acquisition adds proven assets with strong off-taker and execution pedigree & benefit of secured payments from SECI 3.1GW 3.1 GWp Tied up tied-up Shared geography enables operating synergies Combined scale enhances O&M efficiencies Organic Portfolio Combined Acquisition 3.4 GWp Capacity Operating Assets Tied up / Under implementation Value Enhancement Levers Operating Efficiencies / Plant Refinancing of Select Repowering Stabilization Benefits Projects CESC Investor Presentation Q2 FY27 Capacity Overview & Strategic Roadmap Contra [Showing first 8,000 characters — download PDF for full document]