PTC India Ltd — Capital/Financing Update 2019

Apr 27, 2019

April 26, 2019

Listing Deptt. / Deptt. of Corporate Relations, The Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, Fax- 022-22722037/ 39/41/61/3121/22723719

Listing Dept.

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra — Kurla Complex, Bandra (E), Mumbai -51 Fax-022-26598237/ 38 - 022-26598347/ 48

Sub: Execution of a Share Subscription Agreement ("SSA") and Shareholders' Agreement ("SHA") by PTC with BSE Investments Limited ("BSE") and ICICI Bank Limited ("ICICI") for a proposed power exchange.

Dear Sir,

PTC India Limited (PTC) has executed a SSA and SHA on 26thApril, 2019 with BSE Investments Limited ("BSE") and ICICI Bank Limited ("ICICI") for investment in a Company (proposed new power exchange).

The SSA/ SHA shall govern the inter-se rights and obligations of the shareholders of the Company. It is proposed that, subject to the relevant consents under the applicable law to be obtained by the Company, it will establish and operate a new power exchange in India.

This is for your information and records.

Thanking You,

Yours faithfully,

Rajiv Maheshwari Company Secretary FCS 4998

PTC India Limited (Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328 2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500.41595100, 46484200, Fax: 011-41659144 E-mail: info@ptcindia.comWebsite: www.ptcindia.com,