Re-appointment of M/s R.M. Bansal & Co., Cost Accountants (FRN: - 000022) as the Cost Auditor of IREDA for the Financial Year 2026-27.

Ref No: CACS/Sectt./efile 8713 Date: August 03 , 2026 National Stock Exchange of India Limited, BSE Limited Exchange Plaza, C/1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Kala Ghoda, Fort, Mumbai – 400001 Mumbai – 400051 Symbol- IREDA Scrip Code- 544026 ISIN: INE202E01016 Subject: Outcome of the Board Meeting held on August 03, 2026. Dear Sir/Madam, In compliance with the provision of Regulation 30, 33, 51 and 52 read with Schedule III of SEBI (LODR) Regulations, 2015 and any other applicable regulation, as amended, this is to inform you that the Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) in its meeting held Today, August 03, 2026, inter-alia approved the following: 1. Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026. In this regard, a copy of the Unaudited (Standalone and Consolidated) Financial Results, along with the Limited Review Report are enclosed herewith. 2. Re-appointment of M/s R.M. Bansal & Co., Cost Accountants (FRN:000022) as the Cost Auditor of IREDA for the financial year 2026-27. The detailed disclosure as required to be disclosed under Regulation 30 of the SEBI Listing Regulations read with the SEBI Circular is enclosed herewith as Annexure I. The Board Meeting commenced at 03:30 PM and concluded at 07:25 PM. You are requested to please take the same on record Thanking You, For Indian Renewable Energy Development Agency Limited Ekta Madan Company Secretary Annexure I Details in case of Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), senior management, Auditor and Compliance Officer as per SEBI Circular S.No Name Reason for Date of Brief profile Disclosure of change viz., appointment/re (in case of appointment) relationships appointment/ appointment between Re- /cessation (as directors (in appointment/resi applicable) & term of case of gnation/removal/ appointment/re- appointment of death or appointment a director). otherwise 1 M/s R.M. Re-appointment Date of Re- M/s R.M. Bansal & Co., Not Applicable Bansal & Co., of M/s R.M. appointment: Cost Accountants (FRN: Cost Bansal & Co., 03.08.2026 000022) was established Accountants Cost Accountants on July 12, 1990, with its as a Cost Auditor M/s R.M. Bansal & head office in Kanpur and of the Company Co., Cost Accountants a strong pan-India is re- presence through 11 appointed for a period branch offices. Over the of one (1) Financial decades, the firm has built Year 2026-27 a robust reputation for delivering high-quality professional services across a wide spectrum of industries such as Cost Audit & Management Costing, Budgeting & Standard Costing, Cost Control & Cost Reduction, Design & Implementation of Costing Systems, Internal Audits, Physical Verification of Stores, Inventory, and Fixed Assets, Excise, VAT, Service Tax & GST Audits and Consultancy. The firm has successfully undertaken cost audits and consultancy services in sectors such as Power, Petroleum, Telecommunications, Sugar & Industrial Alcohol, Steel, and Textiles. The firm has 9 Experienced Partners and 4 Qualified Audit Assistants. Shiv & Associates, Chartered Accountants Rao & Em mar, Chartered Accountants I 03 & I 05, Ajanta Market, Plot No. I, 469. II Floor, Pocket4, Vardhaman lndraprastha Plaza, DOA LIG Flats, LP. Extension, Patparganj, Sector I I, Dwarka, Delhi- 110092 New Delhi- 110075 Independent Auditor's Review Report on Review of Interim Standalone Unaudited Financial Results for The Quarter Ended 30th June, 2026 pursuant to Re2ulation 33 and Re2ulation 52 of the SEBJ (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended The Board of Directors Indian Renewable Energy Development Agency Limited Introduction I. We have reviewed the accompanying statement comprising of Standalone unaudited financial results of Indian Renewable Energy Development Agency Limited (the "Company") for the quarter ended June 30, 2026 together with the notes thereon (the "Statement") being submitted by the company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations 2015"), which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Board of Directors at its meeting held on August 3, 2026, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under section 133, of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the Listing Regulations. Our responsibility is to issue a conclusion on the financial statements based on our review. Scope of Review 3. We conducted our review in accordance with the "Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India ("ICAI"). This Standard requires us to conclude whether anything has come to our attention that causes us to believe that the financial results, taken as a whole, are not prepared in all material respects in accordance with the applicable financial reporting framework. This Standard also requires us to comply with relevant ethical requirements. Further, we are required to plan and perform the review to obtain limited assurance as to whether the financial results are free of material misstatement. 4. A review is limited primarily to inquiries of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures to financial data. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Conclusion 5. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement read with notes thereon, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard 34 and other accounting principles generally accepted in India and other recognised accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 of the Listing Regulations, 2015, including the manner in which it is to be d" • or that it contains any material misstatement. l....,..o &. Elvf4f_ q;'J. ~ Shiv & Associates, Chartered Accountants Rao & Em mar, Chartered Accountants 103 & 105, Ajanta Market, Plot No. I, 469, II Floor, Pocket 4. Vardhaman Indraprastha Plaza, DDA LIG Flats, LP. Extension, Patparganj, Sector 11, Dwarka, Delhi- 110092 New Delhi- 110075 Emphasis of Matter 6. We draw attention to the following matters in the Standalone Financial Results: a. Note No. I to the Standalone Financial Results regarding the constitution of the audit committee and adoption of Standalone Financial Results. Our conclusion on the Statement is not modified in respect of this matter. Other Matters 7. As per past practice, in respect of loan assets, the Company has provided expected credit loss (ECL) as required under Ind AS 109 based on the ECL report submitted by an independent agency appointed by the Company, which inter alia includes assumptions based on technical parameters I certain aspects. The use of such report does not diminish [Showing first 8,000 characters — download PDF for full document]