Please refer the enclosed file.

HITACHI July 31, 2026 The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, 1st Floor, Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, 5th Floor, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543187 Scrip Symbol: POWERINDIA Sub.: Regulation 34 of the SEBI Listing Regulations - Integrated Annual Report for financial year 2025-26 Dear Sir/ Madam, Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), please find enclosed the Integrated Annual Report of the Company for the financial year 2025-26 along with Notice of the 7th Annual General Meeting (AGM) of the Company, which has been dispatched today i.e., on July 31, 2026, through electronic mode to those Members whose e-mail addresses are registered with the Company’s Registrar and Share Transfer Agents viz., KFin Technologies Limited (RTA) or with their respective Depository Participant(s). The 7th Annual General Meeting of the Company will be held on Friday, August 28, 2026 at 11:00 a.m. (IST) at Sheraton Grand Bangalore Hotel at Brigade Gateway, 26/1 Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bengaluru - 560055. The Integrated Annual Report of the Company can also be accessed from the website of the Company at: https://www.hitachienergy.com/in/en/investor-relations/general-meetings#annual-report. We request you to take this on record and to treat the same as compliance with the applicable provisions of the SEBI Listing Regulations. Thank you, Yours faithfully, For Hitachi Energy India Limited Poovanna Ammatanda General Counsel and Company Secretary Encl.: as above 1. National Securities Depository Limited 2. Central Depository Services (India) Limited 3. KFin Technologies Limited – Registrar & Share Transfer Agent Hitachi Energy India Limited Registered and Corporate Office: 8th Floor, Brigade Opus, 70/401, Kodigehalli Main Road, Bengaluru - 560 092 Email ID: investors@hitachienergy.com Phone: 080 68473700 CIN: L31904KA2019PLC121597 hitachienergy.com/in Integrated Annual Report 2025-26 The Next 25 building a secure and self-reliant energy future for India Hitachi Energy India Limited Inside the report 02 About the report 36 Stakeholder engagement 72 Business responsibility and sustainability report 04 About Hitachi Energy 40 Risk assessment India Limited and management 131 AGM notice 12 Message from Chairman and 44 Governance with integrity 150 Board’s report MD & CEO and accountability 162 Management discussion 16 Operating environment 46 Financial capital & analysis 24 Awards and recognition 50 Manufactured capital 224 Independent auditor’s report 26 Board of directors 54 Intellectual capital 236 Balance sheet 28 Corporate information 56 Human capital 237 Statement of profit and loss 30 Business model 62 Social & relationship capital 238 Statement of cash flows 32 Strategies and outlook 66 Natural capital 240 Notes to the financial statements Orders received PAT Earnings per share ` 18,456.47 Crores ` 987.84 Crores ` 221.63 1.60% 157.20% 145.30% EBITDA Revenue ` 1,252.56 Crores ` 8,147.71 Crores 111.50% 27.60% YoY growth CORPORATE OVERVIEW The Next 25 Building a secure and self-reliant energy future for India As electricity demand continues and the transition to clean energy, to rise, power grids are becoming for today and for generations Moving in step with the backbone of India’s power to come. India’s energy security sector, enabling transmission of agenda and carbon electricity from generation hubs to Powered by innovative solutions, consumption centers across India’s advanced grid technologies and neutral journey, The vast, unified “One Nation, One integrated solutions, the Company Company is enabling a Grid, One Frequency” network. supports India in synchronizing the cleaner, more flexible This is critical for balancing load, grid, integrating renewable energy and secure power grid. integrating renewable energy and and digitalizing the infrastructure for With this, your Company facilitating economic growth and cleaner, sustainable energy access. is building a resilient social development. With unmatched operational nation that meets the excellence and tech expertise, we growing demand for The Next 25 is the Company's support customers in their digital electricity – affordably, guiding principle for accelerating and AI transformation journeys. The reliably and sustainably grid infrastructure with pioneered Company continues to drive the and makes it available and proven technologies and transition to a fully electrified world, across long distances. systems which will power supported by an energy system that humanity’s next 25 years of is secure, accessible, affordable progress. With scale, technology and sustainable. This enables and people, transforming the societies to prosper today while energy system and powering the building a stronger foundation for next industrial revolution, the AI age future generations. 01 © 2026 Hitachi Energy. All rights reserved. About the report This Integrated Annual Report of Hitachi Energy India Limited provides a concise and thorough evaluation of how the Company's long-term vision has continued to drive value creation for stakeholders. The Report details the Company’s strategy for creating value across economic and non-economic areas, aligned with a commitment to transparency. Adherence to reporting guidelines emphasizes what matters most to boundary and coverage considered The financial and statutory data the stakeholders and the business for financial disclosures and presented in the Report is in and explains how it identifies and non-financial disclosures is the accordance with international addresses material issues. same and there are no other frameworks. These include To provide business context, the entities considered. reporting requirements under the Company outlines the strategic Board responsibility statement Companies Act, 2013 and the pillars and explains how they The contents of this Report have rules made thereunder, Indian influence its business presence and been read and reviewed by the Accounting Standards (IndAS), the business units. With a well-defined Company’s senior management, Securities and Exchange Board of business model, the Company under the guidance of the India (SEBI), Listing Obligations and illustrates how its long-term plan Board. This ensures the integrity, Disclosure Requirements (LODR) has consistently created value for accuracy and completeness of the Regulations, 2015, in accordance the stakeholders, while ensuring information disclosed in the Report. with the core requirement of the sustainable organizational growth. Global Reporting Initiative (GRI) The Company wants to mention Source of data Standards 2021, the National that there are no restatements Certain industry, market and Guidelines on Responsible or corrections to the information economic data contained in this Business Conduct (NGRBC), provided in the Report from the Annual Report has been obtained Business Responsibility and previous reporting year. from publicly available sources, Sustainability Reporting (mandated government publications and third by SEBI) and the UN Sustainable Reporting period party reports which are believed Development Goals (UN SDGs), The Company’s Integrated Annual to be reliable. While the Company among others. The non-financial Report is produced and published believes such information to be data in the Report is guided by the annually. This Report provides accurate, it has not independently International Integrated Reporting information for the financial year verified such data and makes Council (IIRC) framework. April 1, 2025 to March 31, 2026. no representation as to its Scope of reporting Reporting boundary completeness or accuracy. This Integrated Annual Report The information presented in has been pre [Showing first 8,000 characters — download PDF for full document]