India Power Corp. Ltd. NSE:DPSCLTD

India Power : Proceedings of Postal Ballot-Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Published March 26, 2026 at 12:54 p.m. UTC

Source: MarketScreener

Ref: IPCL/SE/LODR/2025-26/ 53 26th March, 2026

The Secretary,

National Stock Exchange of India Ltd., 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 Ltd

4 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: Proceedings of Postal Ballot-Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Please find enclosed herewith the summary of the proceedings of Postal Ballot Notice dated 13th February, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The period of e-voting through Postal Ballot and remote e-voting commenced from Wednesday, 25th February, 2026 at 09:00 a.m. (IST) and concluded on Thursday, 26th March, 2026 at 05:00 p.m. (IST)

This is for your information and records. Yours faithfully,

For India Power Corporation Limited

Dhananjoy Karmakar

Digitally signed by Dhananjoy Karmakar Date: 2026.03.26 18:08:20

+05'30'

Dhananjoy Karmakar Company Secretary and Compliance Officer Encl: as above SUMMARY OF THE PROCEEDINGS OF THE POSTAL BALLOT NOTICE DATED 13TH FEBRUARY, 2026 PURSUANT TO SECTION 108 AND 110 OF THE COMPANIES ACT, 2013, OF INDIA POWER CORPORATION LIMITED DECLARED ON 26TH MARCH, 2026 AND DEEMED TO BE PASSED ON SAID DATE BEING THE LAST DATE OF REMOTE E-VOTING.

Pursuant to the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), Secretarial Standard on General Meetings ("SS-2"), to the extent applicable and other applicable laws and regulations, if any, e-voting through Postal Ballot (including remote e- voting) was conducted by the Company for obtaining approval of the Members on the following Special Resolution appended below as set out in the Postal Ballot Notice dated 13th February, 2026:

Brief Description of the Resolution

Appointment of Mr. Naveen Prakash (DIN: 00059549) as an Independent Director of the Company for a term of 5 (five) years commencing from 1st January, 2026.

The Company had engaged National Securities Depository Limited, ("NSDL") as its agency for providing remote e-voting facility to the Members of the Company. The voting rights of the Members were in proportion to their holding of Equity Shares with the paid-up equity share capital of the Company as on Friday, 20th February, 2026 ("Cut-off date"). The period of e-voting through Postal Ballot and remote e-voting commenced on Wednesday, 25th February, 2026 from 9:00 a.m. (IST) and ended on Thursday, 26th March, 2026 at 5:00 p.m. (IST).

The Company had completed the dispatch of electronic copies of the Postal Ballot Notice along with the explanatory statement on Tuesday, 24th February,2026, through electronic mode to those Members whose email addresses were registered with the Company / depository participant(s) as on 20th February, 2026 ("Cut-off Date"). Members were required to communicate their assent or dissent through the remote E-voting system only.

An advertisement pursuant to Rule 22 of the Companies (Management and Administration) Rules, 2014, about completion of dispatch of Postal Ballot Notice dated 13th February, 2026 and containing other required information was published in Financial Express (English) (all edition) and "Aajkal" (Bengali) on Wednesday, 25th February, 2026.

Mr. Mohan Ram Goenka, Partner of MR & Associates, Practicing Company Secretaries holding Certificate of Practice No. 2551, was appointed as the Scrutinizer for conducting the Postal Ballot, including remote e-voting process in a fair and transparent manner.

The results of the Postal Ballot shall be declared on or before Saturday, 28th March, 2026 by 5.00 p.m. at the Registered Office of the Company.

The said results along with Scrutinizer Report will be displayed at the Registered Office of the Company. A copy of the results will also be forwarded to NSDL for displaying the same on its website, https://www.evoting.nsdl.com and will also be displayed on the Company's website, https://www.indiapower.com

The voting results pursuant to Regulation 44(3) of Listing Regulations and the Scrutinizer Report, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 will be submitted to the Stock Exchanges within the stipulated timelines.

Dhananjoy Karmakar

Digitally signed by Dhananjoy Karmakar Date: 2026.03.26

18:08:54 +05'30'