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PTC India Ltd Capital/Financing Update 2025

Mar 20, 2025

62464_rns_2025-03-20_24bbfcea-d816-44bf-ae0c-bdf08c200c00.pdf

Capital/Financing Update

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Dated: 20[th] March 2025

To

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 Scrip Code: 532524

Listing Deptt. 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

Company Code: PTC

Sub: Update on Divestment of 100% stake of PTC Energy Limited (PEL) held by PTC India Limited to ONGC Green Limited (OGL)

Sir/Madam,

This is in continuation to our disclosure on the above-mentioned subject dated 19[th] October, 2023, 26[th] October, 2023, 13[th] September, 2024 and 4[th] March 2025.

The Company has received the amount of Rs. 254 crores from ONGC Green Ltd. (OGL) on 19[th] March 2025 (after business hours) as part of the adjustments to bid price as per Share Purchase Agreement. Upon receipt of total consideration of Rs. 1,179 Crores (Rupees One Thousand One Hundred SeventyNine Crores only), including consideration of Rs. 925 crores received on 04[th] March, 2025, from ONGC Green Limited (OGL), the company announces the completion of transaction of divestment of 100% stake of PTC Energy Limited to OGL on 19[th] March, 2025.

This is for your record and information.

Thanking You, For PTC India Limited

Digitally signed by RAJIV KUMAR RAJIV KUMAR MAHESHWAR MAHESHWARI I Date: 2025.03.20 Rajiv Maheshwari 08:44:03 +05'30' 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: [email protected] Website: www.ptcindia.com

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Disclosure for the Sale or disposal of unit(s) or division(s) or subsidiary(ies) of the listed entity

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S. Particulars Details
No.
1. The amount and percentage of the turnover or revenue or ~2% of the PTC’s consolidated
income and net worth contributed by such unit or division or turnover in FY24 and 14.6% of
undertaking or subsidiary or associate company of the listed PTC’s net worth.
entity during the last financial year.
2. Date on which the agreement for sale has been entered into. 13 [th] September 2024
3. The expected date of completion of sale/ disposal. 4 [th] March, 2025.
4. Consideration received from such sale/ disposal. Rs. 1,179 Crores (One
Thousand One Hundred
Seventy-Nine Crores only)
 Rs. 925 crores (Nine
Hundred Twenty-Five
Crores) received on 04 [th]
March, 2025.
 Rs. 254 crores (Two
Hundred Fifty-Four Crores)
received on 19 [th] March,
2025 after business hours.
5. Brief details of buyers and whether any of the buyers belong ONGC Green Limited (OGL)
to the promoter/ promoter group/group companies. If yes,
details thereof. Buyer does not belong to
Promoter and Promoter Group.
6. Whether the transaction would fall within related party The transaction does not fall
transactions? If yes, whether the same is done at “arm’s under the purview of related
length. party transaction.
7. Whether the sale, lease or disposal of the undertaking is N.A.
outside Scheme of Arrangement? If yes, details of the same
including compliance with regulation 37A of LODR
Regulations.
8. In case of a slump sale, indicative disclosures provided for N.A.
amalgamation/ merger, shall be disclosed by the listed entity
with respect to such slump sale.
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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: [email protected] Website: www.ptcindia.com