Outcome of Board Meeting

Ref No: CACS/Sectt./efile 4571 Date: August 22, 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: 1. Changes in the Senior Management Personnel of the Company 2. Record Date for the payment of the Final Dividend for the Financial Year 2025- 26 Dear Sir/Madam, In compliance with the provision of Regulation 30 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 22, 2026, inter-alia, has accorded approval for changes in the Senior Management Personnel of the Company in view of the organizational requirements and administrative exigencies. Pursuant to which, Shri Bhagirath Siyag, General Manager (Projects); Shri Sujith V Surendran, General Manager (Projects); Shri Koushik Goswami, General Manager (Projects) and Shri Pradipta Kumar Roy, Additional General Manager (Projects) ceased to be Senior Management Personnel of the Company w.e.f. August 22, 2026. Further, in reference to our earlier letter dated May 29, 2026, wherein it was informed that the Board of Directors of IREDA in its meeting held on May 29, 2026, inter-alia, have recommended final dividend of ₹0.75/- per equity share, i.e., @ 7.50% on the face value of the paid-up equity share of ₹10/- each for the FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company. Pursuant to the Regulation 42 of SEBI (LODR) Regulations, 2015, it is hereby informed that the Record Date for the said final dividend has been fixed as Friday, September 11, 2026 for the purpose of ascertaining the entitlement of members for payment of Final Dividend. If the final dividend as recommended by the Board of Directors is approved at the ensuing AGM, payment of such dividend subject to the deduction of tax at source, will be made within 30 (Thirty) days from the date of approval of the shareholders in the ensuing AGM. It is to further mention that as per provisions of Income Tax Act, 2025 (the Act) read with relevant rules, dividend income is taxable in the hands of shareholders and the Company is required to deduct tax at source (TDS) at the time of making payment of dividend, at the rates prescribed in the Act. However, in case a shareholder wants that his/ her/ its tax should be deducted at lower rates, or no tax should be deducted in accordance with Income Tax Act, 2025, then he/ she/ it should submit scanned copy of requisite documents on or before September 11, 2026 at https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html It is also informed that no communication regarding the tax determination/ deduction of tax at lower rates shall be entertained after September 11, 2026. Further, incomplete documents and/ or documents submitted through any mode other than the prescribed mode shall not be considered. Further, it is pertinent to mention that pursuant to the recent amendments in the SEBI (LODR) Regulations, 2015 , the dividend payment shall be made exclusively through electronic mode. The provision for remittance of dividend via physical instruments such as cheques or warrants has been discontinued. In view of the same, members are therefore requested to approach their respective Depository Participant (DP) to register or update their bank account details in their demat account, in accordance with the procedure prescribed by the DP, to facilitate smooth and timely credit of dividend. Details regarding taxation of dividend will also be available on the website of the Company at https://www.ireda.in/ under the ‘Investors Tab’. 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 10:00 A.M. and concluded at 02:30 P.M. 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. Name Reason for change Date of Brief Disclosure No. viz., appointment/ appointment/ profile of Re-appointment/ re appointment/ (in case of relationshi resignation/ cessation (as appointme ps between removal/ death or applicable) & nt) directors otherwise term of (in case of appointment/re appointme -appointment nt of a director). 1 Shri Bhagirath Siyag Ceased to be Senior 2 Shri Sujith V Surendran Management w.e.f. Not Not Personnel of the 22.08.2026 Applicable Applicable 3 Shri Koushik Goswami Company due to 4 Shri Pradipta Kumar Roy changes in the organizational requirements and administrative exigencies.