India Power : Submission of Integrated Filing (Governance) Report for the quarter ended 31st March, 2026

Ref: IPCL/SE/LODR/2026-27/4 22nd April, 2026

Dear Sir(s),

Pursuant to Regulation 27(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), Please find enclosed herewith Integrated Filing (Governance) Reports as per the format provided in the aforesaid circular for the quarter ended 31st March, 2026.

‌This is for your information and records, please. Yours faithfully

Dhananjoy

Digitally signed by Dhananjoy Karmakar

Karmakar

Date: 2026.04.22

15:15:13 +05'30'

(Dhananjoy Karmakar)

Encl.: as above

[formerly DPSC Limited]

Registered Office: Plot No. X1- 2&3, Block-EP, Sector -V, Salt Lake City, Kolkata - 700 091 Tel.: + 91 33 6609 4308/09/10, Fax: + 91 33 2357 2452

Central Office: Sanctoria, Dishergarh 713 333, Telephone: (0341) 6600454/457 Fax: (0341) 6600464

E: [email protected] W: www.indiapower.com

QUARTERLY INTEGRATED FILING (GOVERNANCE)

1. Compliance Report on Corporate Governance to be submitted by a listed entity on a quarterly basis

   1. Name of Listed Entity: India Power Corporation Limited (formerly DPSC Limited)

   2. Quarter ending: 31st March, 2026

      I. Composition of Board of Directors
      Title (Mr./ Ms.)	Name of the Director	PAN$ & DIN	Category (Chairperson / Executive / Non- Executive / Independent/ Nominee) &	Initial Date of Appointment	Date of Re- appointment	Date of Cessation	Tenure* (months)	Date of Birth	No. of directorship in listed entities including this listed entity [with reference to Regulation 17A]	No of Independent Directorship in listed entities including this listed entity with reference to proviso to regulation 17A(1)]®. 17A(2)]	Number of memberships in Audit/ Stakeholder Committee (s) including this listed entity (Refer Regulation 26(1) of LODR Regulations)	No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of LODR Regulations)
      Mr.	Anil Kumar Jha	AxxxxxxxxP 06645361	Independent Director	11-06-2021	-	-	58	25-01-1960	2	2	4	1
      Ms.	Pragya Jhunjhunw ala	AxxxxxxxxK 02315132	Independent Director	01-04-2025	-	-	12	28-03-1979	3	2	3	1
      Mr.	Suresh Chandra Gupta	AxxxxxxxxB 02922231	Independent Director	01-04-2024	-	-	24	21-08-1962	2	2	3	1
      Mr.	Naveen Prakash	AxxxxxxxxB 00059549	Independent Director	01-01-2026	-	-	3	17-08-1961	1	1	-	-
      Mr.	Jyoti Kumar Poddar	AxxxxxxxxD 00690650	Non-Executive Director	29-01-2010	22-09-2023	-	-	08-11-1961	1	-	2	-
      Mr.	Raghav Raj Kanoria	BxxxxxxxxQ 07296482	Executive Director	01-06-2017	27-09-2024	-	-	24-06-1990	1	-	1	-
      Mr.	Somesh Dasgupta	AxxxxxxxxR 01298835	Executive Director	01-07-2025	01-07-2025	-	-	28-05-1960	1	-	-	-
      Mr.	Debashis Bose	AxxxxxxxxC 06684439	Executive Director	01-07-2023	19-09-2025	-	-	30-09-1959	1	-	-	-

      Whether Regular Chairperson appointed - Yes

      Whether Chairperson is related to Managing Director or CEO - No

      $PAN of any director would not be displayed on the website of Stock Exchange. &Category of directors means executive/non-executive/independent/Nominee. if a director fits into more than one category write all categories separating them with hyphen. *to be filled only for Independent Director. Tenure would mean total period from which Independent director is serving on Board of directors of the listed entity in continuity without any cooling off period.

      II. Composition of Committees
      Name of Committee		Whether Regular chairperson appointed	Name of Committee members	Category (Chairperson/Executive/ Non- Executive/Independent/Nominee)$	Date of Appointment	Date of Cessation
      1	Audit Committee	Yes	Suresh Chandra Gupta Pragya Jhunjhunwala Anil Kumar Jha Jyoti Kumar Poddar	Chairperson - Independent Director Independent Director Independent Director Non-Executive Director	01-04-2024 01-04-2025 01-04-2024 05-02-2010	- - - - -
      2	Nomination and Remuneration Committee	Yes	Suresh Chandra Gupta Anil Kumar Jha Jyoti Kumar Poddar	Chairperson - Independent Director Independent Director Non-Executive Director	01-04-2025 01-04-2024 05-02-2010	- - - -
      3	Risk Management Committee	Yes	Suresh Chandra Gupta Anil Kumar Jha Jyoti Kumar Poddar Raghav Raj Kanoria Somesh Dasgupta	Chairperson - Independent Director Independent Director Non-Executive Director Executive Director Executive Director	01-04-2024 01-04-2024 08-11-2014 06-11-2017 01-07-2025	- - - - -
      4	Stakeholders Relationship Committee	Yes	Anil Kumar Jha Suresh Chandra Gupta Jyoti Kumar Poddar Raghav Raj Kanoria	Chairperson -Independent Director Independent Director Non-Executive Director Executive Director	01-04-2024 01-04-2024 05-02-2010 06-11-2017	- - -
      &Category of directors means executive/non-executive/independent/Nominee. if a director fits into more than one category write all categories separating them with hyphen
      III. Meeting of Board of Directors
      Date(s) of Meeting in the relevant quarter			Whether requirement of Quorum met* Yes / No	Number of Directors present*	Number of Independent Directors present*	Date(s) of Meeting in the previous quarter	Maximum gap between any two consecutive (in number of days)
      13-02-2026			Yes	7	3	15-12-2025	59
      *to be filled in only for the current quarter meetings

      IV. Meetings of Committees
      Name of the Committee	Date(s) of meeting of the committee in the relevant quarter	Whether requirement of Quorum met (details)* Yes / No	Number of Directors present*	Number of independent directors present*	Date(s) of meeting of the committee in the previous quarter	Maximum gap between any two consecutive meetings in number of days*
      Audit Committee	13-02-2026	Yes	4	3	30-10-2025	105
      Risk Management Committee	22-01-2026	Yes	5	2	07-07-2025	198
      * to be filled in only for the current quarter meetings **This information has to be mandatorily be given for Audit committee and Risk Management Committee, for rest of the committees giving this information is optional
      V. Affirmations

      1. The composition of Board of Directors is in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

      2. The composition of the following committees is in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

         1. Audit Committee

         2. Nomination & Remuneration Committee

         3. Stakeholders Relationship Committee

         4. Risk Management Committee (applicable to the top 1000 listed entities, voluntary for entities ranked 1001 to 2000)

      3. The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

      4. The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

      5. This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Any comments/observations/advice of the board of directors may be mentioned here.

      For India Power Corporation Limited

      Dhananjoy Karmakar

      
      
      

      Digitally signed by Dhananjoy Karmakar

      Date: 2026.04.22 15:15:37 +05'30'

      Dhananjoy Karmakar Company Secretary & Compliance Officer

      Date: 22/04/2026 Place: Kolkata

      Note:

      Information at Table I and II above need to be necessarily given in 1st quarter of each financial year. However, if there is no change of information in subsequent quarter(s) of that financial year, this information may not be given by Listed entity and instead a statement "same as previous quarter" may be given.

      1. ‌INVESTOR GRIEVANCE REDRESSAL REPORT

         Investor Grievance Redressal Report
         No. of investor complaints pending at the beginning of Quarter	Nil
         No. of investor complaints received during the Quarter	Nil
         No. of investor complaints disposed off during the Quarter	Nil
         No. of investor complaints those remaining unresolved at the end of the Quarter	Nil

      2. DISCLOSURE OF ACQUISITION OF SHARES OR VOTING RIGHTS IN UNLISTED COMPANIES

         The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below:

         S. No.	Name of the unlisted company in which shares or voting rights have been acquired	Date of acquisition	Aggregate holding (% shares or voting rights) as at the end of the previous quarter	% shares or voting rights acquired during the quarter	Aggregate holding (% shares or voting rights) as at the end of the quarter
         1	DPSC Distribution Ltd	27-02-2026	Nil	100%	100%

      3. ‌DISCLOSURE OF IMPOSITION OF FINE OR PENALTY

         The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:

         S. No.	Name of the authority	Nature and details of the action(s) taken or order(s) passed	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority	Details of the violation(s)/ contravention(s) committed or alleged to be committed	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
         			--NIL---

      4. ‌DISCLOSURE OF UPDATES TO ONGOING TAX LITIGATIONS OR DISPUTES

         The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

         S. No.	Name of the opposing party	Date of initiation of the litigation / dispute	Status of the litigation / dispute as per last disclosure	Current status of the litigation / dispute
         1	Income Tax Department	10-12-2024, 24-12-2024,10-01- 2025, 07-10-2025 and 22-01-2026	Appeal No. ITA/2536/Kol/2024 and ITA/ 2646/Kol/2024 & ITA-071/Kol/2025 field before ITAT, Kolkata along with delay condonation prayers	Matter related to AY 2017-18 challenging the Order of CIT(A) dated 15-02-2024. Case is pending

         For India Power Corporation Limited

         Dhananjoy Karmakar

         Digitally signed by Dhananjoy Karmakar Date: 2026.04.22

         15:15:56 +05'30'

         Dhananjoy Karmakar Company Secretary & Compliance Officer

         Date:22/04/2026 Place: Kolkata

2. DISCLOSURE OF LOANS / GUARANTEES / COMFORT LETTERS / SECURITIES ETC. HALF YEAR ENDING 31 03 2025

   1. Disclosure of Loans / guarantees / comfort letters / securities etc. refer note below

      1. Any loan or any other form of debt advanced by the listed entity directly or indirectly to:

         Entity	Aggregate amount advanced during six months	Balance outstanding at the end of six Months
         Promoter or any other entity controlled by them (Note 1)	0	0
         Promoter Group or any other entity controlled by them	0	0
         Directors (including relatives) or any other entity controlled by them	0	0
         KMPs or any other entity controlled by them	0

      2. Any guarantee/ comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by:

         Entity	Type (guarantee, comfort letter etc.)	Aggregate amount of issuance during six months	Balance outstanding at the end of six months (taking into account any invocation)
         Promoter or any other entity controlled by them (Note 1)	0	0	0
         Promoter Group or any other entity controlled by them	0	0	0
         Directors (including relatives) or any other entity controlled by them	0	0	0
         KMPs or any other entity controlled by them	0	0	0

      3. Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by:

         Entity	Type of security (cash, shares etc.)	Aggregate value of security provided during six months	Balance outstanding at the end of six months
         Promoter or any other entity controlled by them (Note 1)	0	0	0
         Promoter Group or any other entity controlled by them	0	0	0
         Directors (including relatives) or any other entity controlled by them	0	0	0
         KMPs or any other entity controlled by them	0	0	0

   2. Affirmations:

   All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company - Not Applicable

   Note 1: India Power Corporation Limited (Erstwhile) (CIN: U40101WB2003PLC097340) ("E-IPCL"), the Promoter of the Company has merged with DPSC Limited (now known as India Power Corporation Limited) (CIN: L40105WB1919PLC003263) ("Company") on and from 24th May 2013, pursuant to Scheme of Arrangement and Amalgamation sanctioned by the Hon'ble High Court at Calcutta vide its Order dated 17th April, 2013 ("Scheme"). Subsequently, the CIN of E-IPCL has been marked as "Amalgamated" on the Master Data available on Ministry of Corporate Affairs Portal and E-IPCL is not an Active Company. However, E-IPCL continues to be a Promoter of the Company holding 51,61,32,374 equity shares in the Company which are to be cancelled and 112,02,75,823 equity shares are to be issued to the shareholders of E-IPCL as per the above mentioned Scheme. The aforesaid cancellation and issuance of shares have not been given effect to since certain clearance(s)/approval(s) are still pending from the Stock Exchanges.

   Sd/-

   Anil Krishna Prasad

   Chief Financial Officer

   Note

   1. These disclosures shall exclude any loan (or other form of debt), guarantee / comfort letter (by whatever name called) or security provided in connection with any loan or any other form of debt;

      1. by a government company to/ for the Government or government company

      2. by the listed entity to/for its subsidiary [and joint-venture company] whose accounts are consolidated with the listed entity.

      3. by a banking company or an insurance company; and

      4. by the listed entity to its employees or directors as a part of the service conditions

   2. If the Listed Entity would like to provide any other information, the same may be indicated as Para D in the above table.

3. WEBSITE AFFIRMATIONS (Annual Filing i.e., 4th quarter)

   I. Disclosure on website in terms of LODR Regulations
   Item	Compliance status (Yes/No/NA) refer note below	If Yes provide link to website. If No / NA provide reasons
   As per regulation 46(2) of the LODR:
   a) Details of business	Yes	https://indiapower.com/#/investorrelations/businessdetailspage
   aa) Memorandum of Association and Articles of Association	Yes	https://indiapower.com/#/investorrelations/memorandumandarticlesofassociationsfor file?filename=Memorandum_and_Articles_of_Associations.pdf
   ab) Brief profile of board of directors including directorship and full- time positions in body corporates	Yes	https://indiapower.com/#/aboutus/boarddirectorpage
   b) Terms and conditions of appointment of independent directors	Yes	https://indiapower.com/#/investorrelations/compliance/independentdirectorspagefile ?filename=Terms-Conditions-of-Appointment-of-ID_20240620_0533331.pdf
   c) Composition of various committees of board of directors	Yes	https://indiapower.com/#/investorrelations/compliance/compositionofcommitteesofb oardofdirectorspage
   d) Code of conduct of board of directors and senior management personnel	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= Code-of-Conduct-for-the-Board-of-Directors-and-Senior-Management.pdf
   e) Details of establishment of vigil mechanism/ Whistle Blower policy	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= WHISTLE-BLOWER-VIGIL-MECHANISM_20240620_0522111.pdf
   f) Criteria of making payments to non-executive directors	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= Nomination-and-Remuneration-Policy_20240620_0518331.pdf
   g) Policy on dealing with related party transactions	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= RELATED%20PARTY%20TRANSACTIONS%20POLICY_20250226_1119321.p df
   h) Policy for determining 'material' subsidiaries	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= POLICY%20FOR%20DETERMINING%20%E2%80%9CMATERIAL%20SUBSI DIARY%E2%80%9D_20250226_1118351.pdf
   i) Details of familiarization programmes imparted to independent directors	Yes	https://indiapower.com/#/investorrelations/compliance/independentdirectorspagefile ?filename=Familiarization-Programme-2025-26_20260316_1259541.pdf
   j) email address for grievance redressal and other relevant details	Yes	https://indiapower.com/#/investorrelations/shareholderinformation/grievanceredress alemailidpage
   k) Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances	Yes	https://indiapower.com/#/investorrelations/shareholderinformation/investorcontactsp age
   l) Financial results	Yes	https://indiapower.com/#/investorrelations/financialinformation/financialresultpage

   m) Shareholding pattern	Yes	https://indiapower.com/#/investorrelations/shareholderinformation/shareholdingpatt ernpage
   n) Details of agreements entered into with the media companies and/or their associates	NA	Not applicable to the Company
   o) (i) Schedule of analyst or institutional investor meet (ii) Presentations prepared by the listed entity for analysts or institutional investors meet, post earnings or quarterly calls prior to beginning of such events.	Yes	https://indiapower.com/#/investorrelations/compliance/analystinvestorpresentationp age
   oa) Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital means	Yes	https://indiapower.com/#/investorrelations/shareholderinformation/agmtranscriptsfor file?filename=IPCL%20-105th%20AGM%20Transcript%202025_20251118_0302101.pdf
   p) New name and the old name of the listed entity	NA	-
   q) Advertisements as per regulation 47(1)	Yes	https://indiapower.com/#/investorrelations/communicationstockexchange/newspaper publicationpage
   r) Credit rating or revision in credit rating obtained	Yes	https://indiapower.com/#/investorrelations/compliance/creditratingpage
   s) Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year	Yes	https://indiapower.com/#/investorrelations/financialinformation/auditedaccountsubsi diariespage
   t) Secretarial Compliance Report	Yes	https://indiapower.com/#/investorrelations/communicationstockexchange/secretarial compliancereportpage
   u) Materiality Policy as per Regulation 30(4)	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= POLICY%20FOR%20DETERMINATION%20OF%20MATERIALITY_20250226 _1118121.pdf
   v) Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5)	Yes	https://indiapower.com/#/investorrelations/compliance/determinationofmaterialitypa ge
   w) Disclosures under regulation 30(8)	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename=
   		Policy-for-Preservation-of-Documents.pdf
   x) Statements of deviation(s) or variations(s) as specified in regulation 32	NA	Not applicable to the Company
   y) Dividend distribution policy as specified in regulation 43A(1)	Yes	https://indiapower.com/#/investorrelations/corporatecodespoliciepagefile?filename= Dividend-Distribution-Policy.pdf
   z) Annual return as provided under section 92 of the Companies Act, 2013	Yes	https://indiapower.com/#/investorrelations/financialinformation/annualreturnpage
   za) Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021	NA	Not applicable to the Company
   as specified in regulation 46(2)	Yes	https://indiapower.com/#/home
   disclosures on the website and timely updation	Yes	https://indiapower.com/#/home

   • Confirmation that the above disclosures are in a separate section

   • Compliance with regulation 46(3) with respect to accuracy of

   
   
   

4. AFFIRMATIONS W.R.T. COMPLIANCE WITH CORPORATE GOVERNANCE PROVISIONS FOR 31 03 2025