Statement of nil deviation/ variation in utilization of proceed raised through Right Issue of the Company

IWL: NOI: 2026 7th 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: 539083 Scrip code: INOXWIND Sub: Submission of statement of nil deviation/ variation in utilisation of proceeds raised through Rights Issue of the Company Ref: Regulations 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, Pursuant to Regulation 32 of Listing Regulations, we hereby confirm that for the quarter ended 30th June,2026, there is no deviation or variation in the utilisation of issue proceeds raised through Rights Issue of the Company from the objects stated in the Letter of Offer. The proceeds have been utilised in line with the Objects of the Issue. Accordingly, a statement of nil deviation/ variation in utilisation of issue proceeds which has been duly reviewed and noted by the Audit Committee in their meeting held on 7th August, 2026 is enclosed herewith. You are requested to take the above on record. Thanking You Yours faithfully, For Inox Wind Limited Deepak Banga Company Secretary Encls: A/a Statement of Deviation / Variation in utilisation of funds raised through-Right Issue during the Quartere nded 30th June. 2026 Particulars Remarks Name of listed entity Inox Wind Limited Mode of Fund Raising Rights Issue Date of raising funds 21StA ugust, 2025 Amount raised Rs. 1249.33 Crore Report filed for quarter ended 30th June, 2026 Monitoring Agency Applicable - / Monitoring Agency Name, if applicable CARE Ratings Limited Is there a deviation/ variation in use of funds No raised? If yes, whether the same is pursuant to change Not Applicable in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the deviation/ variation Not Applicable Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil Obiects for which funds have been raised and where there has been a deviation1 variation. in the foiowing table: Modified Original Object I Modifi I Original Funds Amount of Remarks Allocation dIoca8ion. Umised Deviation/ K any Object, if any Variation if any (Rs in (Rs. in for the Crore) quarter according applicable object Repayment / redemption NA Nil No deviation of NCPRPS issued to the (completed) Promoter Prepayment and/ or NA 159.00 Nil No deviation repayment, in full or in (completed) part, of certain borrowings availed by the Company (including interest) Investment in Inox NA No deviation Renewable Solutions (completed) Limited ("IRSL"), for 1 repaymentlpre-payment, in full or in part, of certain borrowings availed by IRSL including redemption of non-convertible debentures, which investment may be undertaken not only by way of equity investment but also through other permissible modes including, without limitation, non-convertible preference shares, inter- corporate deposits, debentures or such other instruments as may be applicable law and corporate NA 273.70 NA 273.72 -0.02 No deviation (completed) The issue expenses have been finalized at Rs. 6.61 crore as against Rs. 6.63 crore in the offer document. The remainrng Rs. 0.02 crore have been adjusted in GCP expenses. The unutilized issue expenses are allowed to be utilized for GCP expenses as per offer document. Issue expenses NA I 6.63 NA 6.61 0.02 No deviation (completed) No utilisation during the quarter ended March 31, 2026. The issue expenses have been finalized at Rs. 6.61 crore as against Rs. 6.63 crore in the offer document. The remaining Rs. 0.02 crore have been adjusted in GCP expenses. Total NA 1249.33 I NA 1249.33 Nil No deviation (completed) Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. For Inox Wind Limited Chief Financial Officer Date: 7thAugust, 2026