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PTC India Ltd Capital/Financing Update 2025

Mar 4, 2025

62464_rns_2025-03-04_edcf3a80-d81b-40b1-b43b-7955bd1c8421.pdf

Capital/Financing Update

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Dated: 4[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: 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 and 13[th] September, 2024.

Subsequent to closure of the transaction, PTC’s 100% equity shares in PTC Energy Limited (PEL) (a wholly owned subsidiary of PTC), are being transferred to ONGC Green Limited (OGL) on 4[th] March, 2025.

Therefore, upon completion of the aforesaid transfer, PEL ceases to be subsidiary of the Company.

The details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given at Annexure ‘A’.

This is for your record and information.

Thanking You,

For PTC India Limited

RAJIV Digitally signed KUMAR by RAJIV KUMAR MAHESHWARI MAHESH Date: 2025.03.04 Rajiv Maheshwari WARI 20:10:10 +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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Annexure – A

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

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----- Start of picture text ----- S. Particulars DetailsNo.1. The amount and percentage of the turnover or revenue or ~2% of the PTC’s consolidatedincome and net worth contributed by such unit or division or turnover in FY24 and 14.6% ofundertaking 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 20243. The expected date of completion of sale/ disposal. 4 March, 20254. Consideration received from such sale/ disposal. INR 925 Crores subject to post-closing adjustments5. 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. It is pertinent to mention that theBuyer mentioned above, doesnot belong to Promoter andPromoter Group.6. Whether the transaction would fall within related party The transaction does not falltransactions? If yes, whether the same is done at “arm’s under the purview of relatedlength. party transaction.7. Whether the sale, lease or disposal of the undertaking is N.A.outside Scheme of Arrangement? If yes, details of the sameincluding compliance with regulation 37A of LODRRegulations.8. In case of a slump sale, indicative disclosures provided for N.A.amalgamation/ merger, shall be disclosed by the listed entitywith respect to such slump sale.----- End of picture text -----

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