PTC India Ltd — Capital/Financing Update 2025

Nov 11, 2025

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Sr. No.	Particulars	Details
1	Name of the entity(ies) with whom	JV agreement is proposed to be signed with M/s. NLC
	agreement/ JV is signed	India Renewables Limited, wholly owned subsidiary
		of NLC India Limited (NLCIL).
2	Area of agreement/JV	To collaborate and mutually explore opportunities in
		areas including but not limited to development of
		Green Energy Projects (up to 2000 MW) i.e., solar,
		wind, hydro, battery storage system, etc. on pan India
		basis in phased manner.
3	Domestic/international	Domestic
4	Share exchange ratio / JV ratio	Proposed JV ratio is proposed as under
		NLC India Renewables Limited : 74%
		PTC India Limited: 26%
5	Scope of business operation of	As mentioned point (2) above
	agreement / JV
6	Details of consideration paid /	Consideration in the form of subscription to the shares
	received in agreement / JV	of the Proposed Joint Venture Company to be formed,
		proposed to be in the ratio as mentioned at point no. (4)
		above.
7	Significant terms and conditions	The terms and conditions will be as per JV Agreement
	of agreement / JV in brief	proposed to be executed in this regard.
8	Whether the acquisition would fall	No
	within related party transactions
	andwhetherthepromoter/
	promoter group/ group companies
	have any interest in the entity
	being acquired? If yes, nature of
	interest and details thereof and
	whether the same is done at "arm's
	length"
9	Size of the entity(ies)	The size of the Proposed JV Company is subject to the
		terms of the JV Agreement
10	Rationale and benefit expected	The 5V Company will provide strategic expansion in
		the renewable assets which inter-alia will also enhance
		trading portfolio, consultancy and advisory services
		with the aim to have long term sustainability and green
		growth trajectory.,**-1.----- **
		RAJIV MA SecretaryESHWAgiita4BCLCirnToCompanyPTC Ind2nd Floor.iwteeldRhika;1 Came Place, New Delhi-110056