Resignation

Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 Ref: IPCL/SE/LODR/2026-27/IBC 1st August, 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, Scrip Symbol: DPSCLTD Mumbai - 400 070 Scrip Symbol: DPSCLTD Dear Sir (s), Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Resignation of Mr. Naveen Prakash as an Independent Director Please refer to Company’s intimation letter dated 16th May, 2026 filed with the Stock Exchanges regarding admission of the petition for initiation of Corporate Insolvency Resolution Process (CIRP) against India Power Corporation Limited ("Company") by the Hon'ble National Company Law Tribunal, Hyderabad Bench — I, and the appointment of the Interim Resolution Professional (IRP). Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we would like to inform you that Mr. Naveen Prakash (DIN: 00059549) vide email dated 1st August,2026 has tendered his resignation as a Non-Executive Independent Director of the Company with effect from close of business hours on 31st July, 2026. Further, the Company has received confirmation from Mr. Naveen Prakash that there is no material reasons for his resignation other than those mentioned in his resignation letter dated 31st July, 2026 received via email on 1st August,2026. The said email and resignation letter is enclosed herewith . The requisite disclosure as required under Regulation 30 read with Part A of Schedule III of the Listing Regulations, read with SEBI updated master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure-I This is for your information and records, please. Yours faithfully, For India Power Corporation Limited Dhananjoy Karmakar Company Secretary & Compliance Officer (Under the authority of Ms. Sreenivasa Mano Ranjani, IRP) (Registration No.IBBI/IPA-001/IP-P00736/2017-2018/11235) 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-1 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule Ill of the Listing Regulations read with SEBI updated master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 related to resignation as mentioned below: SR. No. Particulars Details 1. Reasons of change viz. appointment, re- Mr. Naveen Prakash has tendered his appointment, resignation, removal, death or resignation as a Director (Non- Executive otherwise Independent Director) of the Company due to personal and professional commitments. 2. Date of appointment/re- Resigned with effect from the close appointment/cessation (as applicable) & of business hours on 31st July,2026 term of appointment /re-appointment 3. Brief Profile (in case of appointment of a Not Applicable director) 4. Disclosure of relationships between directors None (in case of appointment of director) Additional information in case of resignation of an Independent Director 5. Letter of Resignation along with Enclosed detailed reason for resignation and email 6. Names of listed entities in which the Not Applicable resigning director holds directorships, indicating the category of directorship and membership of board committees, if any. 7. The independent director shall, along with The required confirmation has been the detailed reasons, also provide a provided under resignation letter dated confirmation that there are no other material 31st July,2026 received on 1st reasons other than those provided. August,2026. 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