India Power Corp. Ltd. NSE:DPSCLTD

India Power : Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- strike-off of step down subsidiary company

Published

Source: MarketScreener

Ref: IPCL/SE/LODR/2025-26/ 44 Date: 28th January, 2026

The Secretary

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex

Bandra (E), Mumbai- 400 051 Scrip Symbol: DPSCLTD

The Vice President

Metropolitan Stock Exchange of India Limited

Building A, Unit 205A, 2nd Floor, Piramal Agastya Corporate Park,

L.B.S Road, Kurla West, Mumbai - 400 070 Scrip Symbol: DPSCLTD

Dear Sir(s),

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- strike-off of step down subsidiary company

The Company has received an intimation today from India Uniper Power Services Private Limited, (IUPSPL) a step down subsidiary of the Company informing that the Board of Directors of IUPSPL has approved the proposal of strike off of the Company from the register of Registrar of Companies, West Bengal, as per the provisions of the Companies Act, 2013 and Rules framed therein, subject to the necessary approval.

Pursuant to the above, IUPSP shall cease to be a step down subsidiary of the Company upon completion of the process of the voluntary strike-off.

The details as required under the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 are attached as Annexure to this letter.

This is for your information & records, please.

Yours faithfully,

For India Power Corporation Limited

Dhananjoy

Digitally signed by Dhananjoy Karmakar

Karmakar

Date: 2026.01.28

17:30:33 +05'30'

Dhananjoy Karmakar Company Secretary & Compliance Officer Encl: as above

Particulars

Amount in

Lakhs

Percentage

Income

6.74

0.009%

Net worth

120.18

0.136%

The details as required under Regulation 30 of the Listing Regulations read with Annexure 18 Part A Clause A (1)(1.4) of the Disclosure Circular

Sr. No.

Details of Events that need to be provided

Information of such events(s)

a.

The amount and percentage of the

turnover or revenue or income and net worth contributed by such subsidiary of the Company during the last financial year

Income and Net worth of India Uniper Power

Services Private Limited

b.

Date on which the agreement for sale has

been entered into

Not applicable.

c.

The expected date of completion of

sale/disposal

The dissolution and strike-off of IUPSPL is

expected to be completed within 3 months i.e., by 31st March 2026.

d.

Consideration received from such

sale/disposal

Not applicable.

e.

Brief details of buyers and whether

any of the buyers belong to the promoter/ promoter group

/group companies. If yes, details thereof

Not applicable.

f.

Whether the transaction would fall

within related party transactions? If yes, whether the same is done at "arm's length"

Not applicable.

g.

Whether the sale, lease or disposal of

the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR

Regulations

Not applicable.

h.

Additionally, in case of a slump sale,

indicative disclosures provided for amalgamation/merger, shall be disclosed by the Company with respect to such slump sale

Not applicable.