Letter is attached

DOC:SEC:1890/2026-27/151 10th August 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, G- Block, Bandra – Phiroze Jeejeebhoy Towers, Dalal Kurla Complex, Bandra (East), Street, Mumbai – 400 051 Mumbai – 400 001 SCRIP CODE: CESC SCRIP CODE: 500084 Dear Sir/Madam, Sub – Acquisition of 1.4 GWp operational renewable power capacity by Purvah Green Power Private Limited, a subsidiary of CESC Limited We write to inform you that Purvah Green Power Private Limited (“PGPPL” or “Company”), a subsidiary of CESC Limited, has entered into a Share Purchase Agreement (“SPA”) today for acquisition of 100% (one hundred percent) share capital of ReNew Hans Urja Private Limited, ReNew Solar Photovoltaic Private Limited, ReNew Wind Energy (Karnataka 3) Private Limited, ReNew Wind Energy (MP Four) Private Limited, ReNew Wind Energy (Karnataka 4) Private Limited, ReNew Agni Power Private Limited (“Target Companies”) from ReNew Solar Power Private Limited(“Seller”). Post the completion of acquisition of shares, the Target Companies will become step-down subsidiaries of CESC Limited. The details required to be furnished in compliance with Regulation 30 read with clause 1 and 5, Paragraph A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 is enclosed herewith as “Annexure-A”. Copy of the Press Release issued by the Company on the captioned subject, is enclosed herewith as “Annexure-B”. You are requested to kindly take the information on record and oblige. Thanking you. Yours faithfully, For CESC Limited Jagdish Patra Company Secretary & Compliance Officer Encl: As above Annexure – A Details as required under Regulation 30 and Clause 1, Paragraph A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Particulars Details 1. Name of the target entity, details in brief The principal object of each of the Target Companies is, carrying on, the such as size, turnover etc. business of generation and supply of power from renewable sources and project development for such assets including associated transmission infrastructure. Installed Name of the Target Company Capacity (MWp) ReNew Hans Urja Private Limited ReNew Solar Photovoltaic Private Limited 506.25 ReNew Wind Energy (Karnataka 3) Private Limited 24.55 ReNew Wind Energy (MP Four) Private 24.60 Limited ReNew Wind Energy (Karnataka 4) Private Limited 22.90 ReNew Agni Power Private Limited 23.18 1411.48 MW TOTAL (Approx.1.4 GWp) 2. Whether the acquisition would fall No. The acquisition does not fall within related party transaction(s). Further, within related party transaction(s) and the promoter/promoter group/group companies of CESC Limited have no whether the promoter/ promoter group/ interest in the Target Companies. 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” 3. Industry to which the entity being Renewable Energy (Power sector) acquired belongs Particulars Details 4. Objects and impact of acquisition (including but not limited to, disclosure The transaction will help in expanding renewable power footprint of the of reasons for acquisition of target entity, Company. The completion of this transaction will significantly accelerate the if its business is outside the main line of Pan-India presence of the Company’s portfolio increasing operational business of the listed entity) capacity to over 1.8 GWp and contracted/tied-up capacity of over 3 GWp (Totaling 4.8 GWp). 5. Brief details of any governmental or No governmental or regulatory approval is required for the acquisition. regulatory approvals required for the Acquisition 6. Indicative period for completion of the Before 31st October 2026 acquisition 7. Consideration - whether cash Enterprise Value of INR 4859 crores (excluding contingent payment of consideration or share swap or any other estimated INR 230 crores, payable only on additional realisation of change form and details of the same in law claim (“Contingent Payment”)). The consideration payable to the Seller shall be determined after adjustment of debt, cash and other items as detailed in the SPA. The cash consideration payable will be INR 1582 crores on closing (including INR 94 crores of net current assets but excluding Contingent Payment amount), which is a combination of payment to sellers for share capital (INR 589 crores) and infusion of unsecured promoter debt (INR 993 crores) to be used for repayment of existing promoter debt. This shall be subject to post- closing adjustments in the manner set out in the SPA. 8. Cost of acquisition and/or the price at Name of the Target Company Cost of acquisition which the shares are acquired (INR crores) ReNew Hans Urja Private Limited 137.9 ReNew Solar Photovoltaic Private Limited 118.4 ReNew Wind Energy (Karnataka 3) Private 79.2 Limited ReNew Wind Energy (MP Four) Private 71.1 Limited ReNew Wind Energy (Karnataka 4) Private 86.7 Limited ReNew Agni Power Private Limited 95.5 Particulars Details 9. Percentage of shareholding / %age control Name of the Company shareholding acquired and / or number of shares being acquired acquired ReNew Hans Urja Private Limited 100% ReNew Solar Photovoltaic Private Limited 100% ReNew Wind Energy (Karnataka 3) Private 100% Limited ReNew Wind Energy (MP Four) Private Limited 100% ReNew Wind Energy (Karnataka 4) Private 100% Limited ReNew Agni Power Private Limited 100% 10. Brief background about the entity acquired ReNew Hans Urja Private Limited in terms of products/line of business acquired, date of incorporation, history of Date of incorporation 8 June 2021 last 3 years turnover, country in which the Description of business Generation and supply of power acquired entity has presence and any other from renewable sources and significant information (in brief) project development for such assets including associated transmission infrastructure. Date of commencement of For first 300 MW – 28 July business1 2024 For remaining 300 MW (commissioned in part) - (a) 28 July 2024 for 100 MW; (b) 29 August 2024 for 100 MW; (c) 29 October 2024 for 50 MW; and (d) 23 December 2024 for 50 MW Turnover (INR crores) Turnover FY 24-25 132.8 Turnover FY 23-24 0.1 Country of incorporation India Note: The turnover figures have been disclosed post commencement of operations. ReNew Solar Photovoltaic Private Limited 1 Note: The project housed under ReNew Hans Urja Private Limited was commissioned in parts with separate dates of commencement for each part with the last part being commissioned as on 23 December 2024. Therefore, the project was partly operational in the financial year 2024-2025. Particulars Details Date of incorporation 13 September 2021 Description of business Generation and supply of power from renewable sources and project development for such assets including associated transmission infrastructure. Date of commencement of 25 March 2025 business2 Turnover (INR crores) FY 24-25 41.5 FY 23-24 0.0 Country of incorporation India Note: The turnover figures have been disclosed post commencement of operations. ReNew Wind Energy (Karnataka 3) Private Limited Date of incorporation 1 June 2013 Description of business Generation and supply of power from renewable sources and project development for such assets including associated transmission infrastructure. Date of commencement of 27 March 2017 business Turnover (INR crores) FY 24-25 19.0 FY 23-24 20.6 FY 22-23 19.6 Country of incorporation India ReNew Wind Energy (MP Four) Private Limited Date of 5 March 2015 incorporation Description of Generation and supply of power from business renewable sources and project development for such as [Showing first 8,000 characters — download PDF for full document]