Appointment of Mr. Anand Chenji as the Chief Financial Officer and Key Managerial Personnel of the company with effect from 13.08.2026

Date: 13th August, 2026 Department of Corporate Services BSE Limited 22nd Floor, PhirozeJeeJeeBhoy Towers Dalal Street, Fort Mumbai – 400001 Scrip Code: BSE: 512405 Subject: Outcome of the Board Meeting held on 13th August 2026. Reference: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations”), we wish to inform you that in terms of Regulation 30, 33 and other applicable provisions of the SEBI Listing Regulations, the Board of Directors of I Power Solutions India Limited (‘the Company’) at its meeting held today, i.e. Thursday, 13th August 2026 commenced at 4:00 P.M. and concluded at 4:30 P.M. have inter alia considered and approved the following: 1. The Unaudited Financial Statements of the Company along with the Limited Review Report issued by the Statutory Auditors of the Company for the quarter ended 30th June 30, 2026 as recommended by the Audit Committee. In this regard, we enclose herewith:  The Unaudited Financial Results of the Company for the quarter ended 30th June, 2026.  Limited Review Report issued by the Statutory Auditors of the Company. 2. Re-appointment of Mr. Rajendra Naniwadekar (DIN:00032107) as the Managing Director for a period of 5 years w.e.f., 11th August 2027 to 10th August 2032, subject to approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company based on the recommendations of the Nomination and Remuneration Committee (NRC). (Annexure – A) 3. Re-appointment of Mr. Kodanda Ram Babu Punukollu (DIN:00069047) as an Independent Director of the Company for a second term of 5 years w. e. f., 11th August 2027 to 10th August 2032, subject to the approval of the shareholders at the ensuing AGM of the Company based on the recommendations of the NRC. (Annexure – B) 4. Re-appointment of Mr. Naresh Kumar Bhatt (DIN: 00138618) as an Independent Director of the Company for a second term of 5 years w. e. f., 11th August 2027 to 10th August 2032, subject to the approval of the shareholders at the ensuing AGM of the Company based on the recommendations of the NRC. (Annexure – C) 5. Re-appointment of Mrs. Sujata Jonnavittula (DIN: 07014640) as an Independent Director of the Company for a second term of 5 years w. e. f., 11th August 2027 to 10th August 2032, subject to approval of the shareholders at the ensuing AGM of the Company based on the recommendations of the NRC. (Annexure – D) 6. Appointment of Mr. Anand Chenji as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 13th August, 2026. (Annexure – E) Additional disclosures relating to the matters specified in Items 2 to 6 above, as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, are enclosed as Annexure-A to Annexure-E. The Company has also made necessary arrangements for publication of the Unaudited Financial Results for the quarter ended 30th June 2026 in the newspapers, as required under the SEBI Listing Regulations. This is for your information and record. Thanking You, Yours faithfully, For I Power Solutions India Limited Rajendra Naniwadekar Managing Director DIN: 00032107 Annexure – A Details as required under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: The brief profile of Mr. Rajendra Naniwadekar is given below: S. Particulars Details 1. Reason for change viz. Re-appointment of Mr. Rajendra Naniwadekar appointment,re-appointment, (DIN: 00032107) as the Managing Director of resignation, removal, death or the Company. otherwise 2. Date of Appointment/Tenure The Board approved the re-appointment of Mr. of Appointment Rajendra Naniwadekar (DIN:00032107) as the Managing Director of the Company for a further term of 5 consecutive years with effect from 11th August 2027, subject to the approval of the shareholders of the Company at the ensuing AGM of the Company. 3. Brief Profile (in case of Rajendra Naniwadekar is an Investment Appointment) Strategist and an Independent Consultant to Companies on issues of valuation, capital structure, merger and acquisition and such other matters of Corporate Finance. Earlier, he was the President of the Hyderabad Stock Exchange Limited and a member of its Governing Board for over a decade. He holds an MBA in Finance. 4. Disclosure of relationships He is not related to any of the Directors of between directors (in case of the Company. Appointment of a Director). We hereby confirm that the above Director, being re-appointed, is not debarred from holding office as a Director, by virtue of any SEBI order or any other authorities as required under the circular issued by the Stock Exchange. Annexure – B Details as required under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: The brief profile of Mr. Kodanda Ram Babu Punukollu is given below: S. Particulars Details 1. Reason for change viz. Re-appointment of Mr. Kodanda Ram Babu appointment, re- Punukollu (DIN:00069047) as an Independent appointment, resignation, Director of the Company for the second term of removal, death or otherwise five consecutive years. 2. Date of Appointment/Tenure The Board approved the re-appointment of Mr. of Appointment Kodanda Ram Babu Punukollu (DIN: 00069047) as an Independent Director of the Company for a second term of five consecutive years with effect from 11th August 2027, subject to the approval of the Shareholders of the Company at the ensuing AGM of the Company by way of Special Resolution. 3. Brief Profile (in case of B.Com, PGDM, PGDFM & Qualified in exams of Appointment) CPA (USA). 50 years’ experience in sectors like Textiles, Dairy, Information Technology. Expertise in accounting management, financial reporting internal and external auditing, project management, taxation etc. 4. Disclosure of relationships He is not related to any of the Directors of between Directors (in case of the Company. Appointment of a Director). We hereby confirm that the above Director, being re-appointed, is not debarred from holding office as a Director, by virtue of any SEBI order or any other authorities as required under the circular issued by the Stock Exchange. Annexure – C Details as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: The brief profile of Mr. Naresh Kumar Bhatt is given below: S. Particulars Details 1. Reason for change viz. Re-appointment of Mr. Naresh Kumar Bhatt appointment, re- (DIN: 00138618) as an Independent Director of appointment, resignation, the Company for the second term of 5 removal, death or otherwise consecutive years. 2. Date of Appointment/Tenure The Board approved the re-appointment of Mr. of Appointment Naresh Kumar Bhatt (DIN:00138618) as an Independent Director of the Company for a second term of five consecutive years with effect from 11th August 2027, subject to the approval of the shareholders of the Company at the ensuing AGM of the Company by way of Special Resolution. 3. Brief profile (in case of Commerce Graduate. Appointment) Over 40 years’ experience in Investment, Financial Planning and wealth management. Is on the Board of the Hyderabad Securities and Enterprise Limited and Hitech Securities Limited. 4. Disclosure of relationships He is not related to any of the Directors of between directors (in case of the Company. Appointment of a Director). We hereby confirm that the above Director, being re-appointed, is not debarred from holding office as a Director, by virtue of any SEBI order or any other authorities as required under the circular issued by the Stock Exchange. Annexure – D Details as required under Regulation 30 [Showing first 8,000 characters — download PDF for full document]