Update on the Resolution Plan for Wind World (India) Limited

IGESL: NOI: 2026 3rd August, 2026 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai 400 001 Mumbai 400 051 Scrip code: 543667 NSE Symbol: INOXGREEN Subject: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Update on the Resolution Plan for Wind World (India) Limited Dear Sir/Madam, This is in furtherance of our disclosure dated 28th July, 2026 relating to oral pronouncement of order by the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“NCLT”) approving the resolution plan dated 13th February, 2026 (read with the addendum dated 20th May, 2026) (“Resolution Plan”) submitted by the consortium comprising Inox Neo Energies Limited (“INEL”) and Authum Investment & Infrastructure Limited (together, the “Consortium”) for acquisition of Wind World (India) Limited (“WWIL”), a company undergoing corporate insolvency resolution process (“CIRP”) under the Insolvency and Bankruptcy Code, 2016 (“IBC”). This is to inform that Inox Green Energy Services Limited (“Company”) has received the certified copy of the abovementioned order of the NCLT approving the Resolution Plan (“NCLT Approval Order”) on 03rd August, 2026. The CIRP of WWIL was initiated pursuant to a petition filed under Section 7 of the IBC. The committee of creditors of WWIL approved the Resolution Plan on 19th February, 2026 with a voting share of 96.47%. As informed earlier in our disclosure dated 19th February, 2026, the Company (directly or through its subsidiary), having been identified as the implementation entity for the acquisition of operation and maintenance (“O&M”) business of WWIL under the Resolution Plan, will acquire such business by way of slump sale on a going concern basis or such other structure as may be permissible under the Resolution Plan and approved by the Implementation and Monitoring Committee of WWIL (“IMC”) constituted in accordance with the Resolution Plan to monitor its implementation. Further, pursuant to the terms of the Resolution Plan, INEL will acquire a controlling stake in WWIL which will house the independent power producer (IPP) and power sale business of WWIL comprising an IPP portfolio of approximately 600 MW spread across Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. The detailed disclosure with respect to the said acquisition, as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is enclosed herewith as Annexure – A and a copy of the NCLT Approval Order is enclosed herewith as Annexure – B. We request you to kindly take the above information on record. Thanking You Yours faithfully, For Inox Green Energy Services Limited Anup Kumar Jain Company Secretary Encls: a/a Annexure – A The disclosure of information required pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, last updated on 30th January, 2026, is as follows: Sr. Particulars Details a. Name of the target entity, details No separate entity is being acquired. in brief such as size, turnover etc. The O&M business undertaking of Wind World (India) Limited (“WWIL”), proposed to be acquired, comprises operation and maintenance of wind turbines portfolio of approximately 4.5 GW across various States of India. The Company (directly or through its subsidiary) will acquire the O&M business of WWIL as a going concern on a slump sale basis, or pursuant to such other structure as may be permissible under the Resolution Plan and approved by the IMC, on the terms and conditions to be agreed in the definitive agreements for such acquisition between the Company or its subsidiary and WWIL (represented by the IMC). b. Whether the acquisition would fall No within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length. c. Industry to which the entity being Renewable energy business comprising operation acquired belongs. and maintenance services for wind turbine generators and wind energy assets. d. Objects and impact of acquisition The activities of business undertaking proposed to be (including but not limited to, acquired, being operation and maintenance of wind disclosure of reasons for turbines, are aligned with the main line of business of acquisition of target entity, if its the Company. business is outside the main line of business of the listed entity). Successful acquisition is expected to add an O&M portfolio of approximately 4.5 GW to the Company's existing O&M portfolio, servicing marquee clients including Tata Group, ReNew, Greenko, Apraava Energy, Hindustan Zinc and others. e. Brief details of any governmental or On 27th July, 2026, the Hon'ble National Company regulatory approvals required for Law Tribunal, Ahmedabad Bench approved the the acquisition. Resolution Plan submitted by the Consortium. The proposed transfer of O&M business undertaking of the WWIL, as a going concern on a slump sale basis or pursuant to such other structure as may be permissible under the Resolution Plan, is subject to approval of the IMC and any other government or regulatory authority as may be necessary. f. Indicative time period for Transfer of O&M business is expected to be completion of the acquisition. completed within 60 days from the date of receipt of the certified copy of the NCLT approval order, subject to the terms of the Resolution Plan and approval of the IMC. g. Consideration – whether cash Cash consideration consideration or share swap or any other form and details of the same. h. Cost of acquisition and/or the price Lump sum consideration of up to Rs. 550 Crore at which the shares are acquired. payable upon completion subject to agreed adjustments, if any, under the definitive agreements to be executed between the Company or its subsidiary and WWIL (represented by the IMC). i. Percentage of shareholding / Not applicable. control acquired and / or number of shares acquired. j. Brief background about the entity The transaction involves acquisition of O&M acquired in terms of products/line business undertaking of WWIL. of business acquired, date of incorporation, history of last 3 The business undertaking proposed to be acquired years turnover, country in which comprises operation and maintenance of wind the acquired entity has presence turbines, i.e. a domestic O&M portfolio of and any other significant approximately 4.5 GW, in various States in India i.e. information (in brief). Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Madhya Pradesh, Rajasthan, and Tamil Nadu. Details of last three years’ turnover: (Rs. in Crore) Financial Year Turnover exclusively from O&M business (Provisional and Unaudited) 2025-26 579.77 2024-25 597.09 2023-24 499.59 Annexure B