General Updates

Ref. No. CAnCS/6/2023-IREDA /8713 Date: 27.08.2026 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 – 400051 Mumbai – 400001 Symbol- IREDA Scrip Code- 544026 ISIN - INE202E01016 Subject: Intimation regarding imposition of fines by Stock Exchanges. Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform that the Company has received notices dated August 25, 2026 from National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”) regarding non- compliance with certain provisions of the Listing Regulations pertaining to the composition of Board of Directors and Committees thereof and have imposed a fine of ₹14,19,540/- (inclusive of GST) each by NSE & BSE for such non-compliance. In this regard, it is submitted that IREDA, being a Government Company and as per its Articles of Association, the power to appoint Directors on the Board of the Company is vested with the President of India acting through its administrative Ministry, i.e., Ministry of New and Renewable Energy (“MNRE”), Government of India, and the Company has no role in the appointment of Directors. The matter of imposition of fines by the Stock Exchanges and non-compliance with the Listing Regulations is being placed before the Board of Directors. Further, the Company has been consistently pursuing the matter with MNRE for appointment of the requisite number of Independent Directors on the Board of the Company to ensure compliance with the above-said Regulations. Thanking You, For Indian Renewable Energy Development Agency Limited Ekta Madan Company Secretary