Interim report
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VPL/Sec./SE/26-27/31 October 29, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001 Scrip Code: 544781 National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Code: VEDPOWER Sub: Outcome of Board Meeting held on October 29, 2026 – Integrated Filing (Financial Results) Dear Sir/Madam, The Board of Directors of Vedanta Power Limited (the “Company”) at its meeting held today, i.e. October 29, 2026, has inter alia, considered and approved the Unaudited Consolidated and Standalone Financial Results of the Company for the Second Quarter and half year ended September 30, 2026. In this regard, please find enclosed herewith the following: 1. Unaudited Consolidated and Standalone Financial Results of the Company for the Second Quarter and half year ended September 30, 2026 (“Financial Results”); 2. Limited Review Report for Financial Results from the Statutory Auditors of the Company, M/s Walker Chandiok & Co. LLP, Chartered Accountants, in terms of Regulation 33 and 52 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”); The report of the Auditors is with unmodified opinion with respect to the Financial Results. The above shall also be made available on the website of the Company at www.vedantapower.com. Further, pursuant to SEBI Circular HO/49/14/14(7)2025 -CFD-POD2/I/3762/2026 dated January 30, 2026 read with relevant circulars issued by stock exchanges in this regard, the following disclosures are being made: A. Financial Results – Enclosed B. Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. – Not Applicable. C. Disclosure of outstanding default on loans and debt securities – Not Applicable. D. Disclosure of related party transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) – will be filed along with XBRL for financial results. E. Statement on impact of audit qualifications (for audit report with modified opinion) submitted along -with annual audited financial results (standalone and consolidated separately) (applicable only for annual filing i.e., 4th quarter) – Not Applicable The meeting of the Board of Directors of the Company commenced at 04:21 p.m. IST and concluded at 05:12 p.m. IST. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Vedanta Power Limited (formerly known as Talwandi Sabo Power Limited) Rajinder Singh Ahuja Whole Time Director & CEO DIN: 11047070 Encl.: as above
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Walker Chandiok&_Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase II, Gurugram - 122 002 Haryana, India T +91 124 462 8099 F +91 124 462 8001 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Vedanta Power Limited (Formerly known as Talwandi Sabo Power Limited) 1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Vedanta Power Limited (Formerly known as Talwandi Sabo Power Limited) ('the Holding Company') and its 1 subsidiary, Meenakshi Energy Limited (the Holding Company and its subsidiaries together referred to as 'the Group'), for the quarter ended 30 September 2026 and the consolidated year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations') read with SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15 October 2025. Attention is drawn to the fact that the consolidated figures for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025 as reported in the Statement have been approved by the Holding Company's Board of Directors but have not been subjected to audit or review. 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 and Regulation 52(4) of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance i!f1~N01O1 the Standards on Auditing specified under section 143(10) of the Act, and consequentl>l o. s "c;; not enable us to obtain assurance that we would become aware of all significant matt rs hat might be identified in an audit. Accordingly, we do not express an audit opinion. - (;hart""'""""'"'" ... Walke< Chandiok & Co LLP IS r w11h llrnted hablllty Wl1h 1den~ficatu,----c__..,- Olf1ces"' A!vnodabad Beogah11J, C""'1dg od> Ch<nn ... Oelndu1l, Goo, Gu- . H)<lorol:G:I •- •· K,«t.,, Kd!<>lo. - · number AAC-20 65 and has its ,egistefe<I N.,.Od' , Nodoandl'lme office at L-41. Connoog,t Circus. Outer Circle. Now0d11 11000! ,lnd,a
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 and Regulation 52(4) of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The consolidated financial information for the year ended 31 March 2026, as included in the Statement, has been approved by the Holding Company's Board of Directors but has not been subjected to audit or review. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 'r\~K Kunwar K Khurana Partner Membership No.: 555339 Place: Gurugram Date: 29 October 2026 Chartered Accountants c/~ND10~ ,~. <I' \<, ~) :;; ..... * ("\ '), >', ~;-.,. ~ ''i';: c r,ccr)·J'
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~ vedanta power VcdAnt11 l'owcr Limited {Formerly known ns Tahv11ndi Snho Power l,lmlted) CIN: 1.40 IO IM 112007Pl,C'43.1557 ('- I03, Atul l'roJect~, C'oruorate Avenue, New Link !load, ( 'lrnk:1la, Andherl (~:), ('halolln Mil)(', Mumbai, Mnhnrashtra, India, 400093 STATEMF.NT 01' llNAllDJTED ('ONSOLll>ATlm Jll(SllLTS FOR Tiff QUARTER AND IIAl.f/ VMR l•:Nmm 30 SErn:MRER 2021, (( in ( 'rorc, cx,·,•ut ns stah•cl ) ()11111·ter ended llnlf )'CHI' ended Y cnr t•tulcd 311.0'l.2026 30,111,.2026 J0.1111,2025 .10.011.2026 30.09.2025 31.03.21121, S. No. l'nrtkulun (llnnudltcd) ( ll111111dih•cl} (l 111andilcdJ (l lnnnditcd) (lh11111clltt•cl) {llnnudltt•d) I ltcvcnuc from opcrntions II} Revenue ! ,1120 ].W~ 2,111)7 ~,,11 S 4.117X X,7h2 h} O1hc1 011,wl init income xx I~ 7 11111 12 '7 '1'111111 n·,·t•nuc from 11ncrntlo11s tu I hl 2,'1011 2,'1117 2,104 5,5 15 4,090 11,791) 2 Other inrnmc I I ,, 2 2U 7 211 Totnl Income 2,111 1) 2,1,1(, 2,11111 5,535 -1,11'17 11,11211 ., Ex11cnscs ,1) l'mwr mul l\1ci d H11·1:,·, 2).\1 2,0r,.l 1.r,•111 •Ullll ' · 12-1 ,,. I\ I h} 1-:111pl11ycc t,end'ils ex11e11s,• 21 12 It, 4, .. ~ M C} I· inane,· costs inn I% 172 .l'lh .121 711~ d} 1lep1w 1al111n and ,1mor11s111wn expense 1111 22S ! Ill .,s~ 17'1 x2•1 e} t >1hcr ,·., 11<·11, cs .'n 211 11111 4SX 11-1 k2h -T11t11I \'\lll 'nSl'S 2,1117 2,737 l ,21)(, S,SS-1 ·1.1115 11,775 4 l'roOI/ llo,s) hl'fon • 1•u ·,•11ll111111I lh•ul\ nnd hlX 1112 ( 111 l (ICJII> (I'll (HIil 5,\ s Nel cxn·1111nnal (lns, 111::1111 1.'1 1 (-IX7) 12.111,11 (~llll (2,0117) 1.1.12-11 " l'roOI/ (los, ) hcftm• tnx 7'I (r.1111) (2,257} (521)) (2,155) 12,271) 7 Tnx l'Xlll'IISl0/(hr111'nt): Olhcr 1111111 c•xct•ptlounl Ill-ms a) C ·um·nt lax c~pensc hi Nel dcli.·1wd tax cxp,•ns,•l(hcncl ii I I ((12) (411) (hi I (14) 11, t:xcc11llonnl ltcmx d Nel tl,•fm,·d tax cs11e11, c/(he11cl11) "" e" ·c111in11al i1e111s ( ,, ( 121) 15111) I I !II) ,~20, 1\X4) Ncl IHX ··~111'11Xl' (nlllh) ♦ ld l•I) (IHS) (!'i6H) ( 11111) (!i!i4) (~K!'i) II l'roOI/ ()OSM) after IIIX IA) HJ 1~2.ll (l ,611'1) (.\.Ill) (l ,Cilll) ( l,l1IIC1) 9 Olht•r comprr hc11slvc h1t·oml 0 / (losx) I. (n) Items thnl will 1101 he reclass1rll'tJ lu profit nr Ins, I I 12) (h) Tux hc11cl'itl (ex1wnsc) nn items lhnt will uni he 1rdass11tcu lo pmlit or loss ,i. (a) Items that will he reclussilie1l to 1m11it ur loss (h) ·1 ax henelit (expense) nu items thnt will he reclussiliec.l 10 - 1111111il ur loss Totul other co11111rchenslvc Income/ (loss) (II) - . I . I 12) 10 Totnl ro11111rchcnslVl' lncomr/ (loss) (A+Bl H3 1423) (1,1,HHl t.1411) fl ,C,lllll (l,6HRJ II Profit/ (lo~s) for the perlod /ycnr ullrihu tnhlc to: a) Owners or Vedunlu Powcr Lnnite<l KJ (4 23 ) (l ,6H'/) (340) ( 1.(101 J (l,C,Kt,J h} N111i-c1111trollinl! interests - 12 Other comprchenNlvc Income/ {lou) for the period/ye11r 11ttrlliutullle to: 11) Owners of Vec.lnnlu l'owcr I .imi1eJ - - I - I (2) b) Non-controllinl! interests - - 13 Total comprehensive Income/ (loss) for the perlod/yur Rllrlbutublc to: u) t hl'llcrs or Vetlantn Power Limited 111 (423 ) ( I ,liHH) (.1411) (l ,CillO) ( l,liHH) h) Nnn-cuntrnllinl! interests . . . 14 l'oid-1111 cc111i11• share ,·:111i111l (face vuluc or ~ 10 cnch) J.'111 J,1/1 I J,'111 15 E<1ui11• shurc capital 11cn1li111! is~uuncc . . 1,IJI I .1,911 J,l/11 1(1 ltcscrves excluc.linl! shnrc cnnital ncndinl! issu:111c,· \/,2(18 9, 1(,(, H,'174 •J,!1111 X,1/74 9,512 17 Earnings/ (loss) per share:• - Ba~it: 0.21 (I.OK) (4 . .\2) (11.117) (4.()1)) (4.31) • Diluted 0.21 (I.OH) (4 .. 12) (0.117) (4.01)) (4.31) II Nut ann11111i.«·d,~1t pl./i11· the )'eilr endetl 31 Mar,·h 2026. -10WI:,~ e,~P.NDIO,r- ~4- <IC'. ,. ~ -s 0 > ~ ' ·-I ~ ,.. ~ 1; ~, :1 ~ ('I f:! ~
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Vedanta Power Limited (Formerly known as Talwandi Sabo Power Limited) Notes to the Unaudited Consolidated Results The above consolidn1ed results of Wdantn Power limited ("lhc Company") and its subsidinry ("lhe < ir1111p"), for the quurlcr and six months ended JO September 2026 have hccn reviewed hy the Audit and Risk Management Committee and :1rrrovcd hy the Board of Oirectors in their respective meetings held on 29 Oetohcr 202<,. The limited review, us required under Regulations H of the SEBI (Listing Oblignliuns and Disclosure Requirements) Rcl(ulaliuns. 20 I 5. has heen cum11Je1cd hy the slutulory auditors for the quarter and six months ended JO September 2021,, and lhey have ewresscd an unmudi lied conclusion on the aforesaid results. 2 These results have been prepared in accordance with the Indian Accounting Standards ("Ind AS") nolilicd under !he ('ompanics (11uhnn Accountin!! Standard,) Rules. 201'.>. The Board ol' Di1wtors, which has heen idcnlilicd as being lh,· chief upera1ing dcc1s1011 makc1 (l '( >llM ), evaluates Ilic< iruur', rcr)i.>rniam·e, alilll'alcs resour,·e, hascd 011 the :malysis (>I' the various perfornrnnce indicators of the< irou11 as a sinµle 1111i1. The l iro1111 is enµa!(cd in only um· Segment vi, . '( icnemtiun ol' Power' mul hen,·c, there is no scpurnll' repnnnhle scgmcnl for !Ill' <irour. 111 a,·cord:mc,• wllh lh,• rc<111ircmen1s of h1d1:111 Accnu111111g St:111c.l11rtl 108 - 'Opcr:111111,1 Segments'. 11u111ied un,k·i the l 'om1•:mil.'s ( huli:111 A,·,·u1111ling Slnnclard) Rull's . . '0 15. 4 I h,· ( irnup\ np,·ralH111, mvnl\'l' !Ill' ""' uf lar!(c• scak• 111dw,1rial e<111ipmc111 and J>rucesses. 111dmhnµ hoilcrs uml rdulcd l11i:h-prcssur,· .,y,1c111s. wluch ar,· 111h,•r,•n1ly ,nhtel'I In np,·rnl1111111I risk,. An inridcnl m·rnrrcd on 14 Ap1il 21>.'h nl lhc lhul I l!uilerufll1dimup's I.WU MW Sakli Thermal l'lanl lu,·alccl al Singhi1ara1. l'he 111,·1dc111 has 1101 r,•,ullcd III any 11w1,·n11I 1111pacl 011 lhc (iwu11's O\'l'ntll 11pera111111,. lcn:mcial posillun, 111 liqni,lily. lh,· (imur 1<•11111111, crnmmlled 111 slicn)!lh,·nm!( ,is sakly lr:uucwnrk and niainlainini: whusl npcrat11111al slnmlanb across 1ls la,·1h1ic,. l'h,· llun'hl,· Na11unal I 'umpany I.aw l'nhunal (N< 'IT) , M11111h111 Hench. \'1d,· 11, 111tle1 ,lated 'I .lmu1,ny 202<>. approved 1h,· Sd1e111,· uf Arn111i:eme111 ("lh,· Sd1<•11w") 1111 1h,· dc111,-ri:c1 nf th,· Mcrdmnl l'owcr llndc11aking of Vedanta I imitcd ("lk111c1g,·d nmlc11ak111g") 11110 the ( '0111p:111y un a gu111g rnnccrn hnsis Add111unally, u, parl ul llw uw1,lll 1·euq•,1111,ul1u11, V,·dnnl,1 l.111111<•,I h," alsu 11ansk11cd 11s sharl'l111ld111g 111 Mcc11ak,l11 h1,·1gy l.111111cd In !he I ·ompany. The Sdll'mc he,·:unc cl'li:c11vc on I Muy l ll.'<> ("ci'li:,·111e dale"). winch Is alsu lhc A1>p11mlctl IJ:11c nl !he Schc111e. ('un,equcnl In lh,• , d1e111c hcco111111i: l'lkl'llvc, the M,·rch:1111 l'nwc1 lh1d,•1111kini: 111 \'cdu111a I imill·,I wu, l111n,fr1rcd lo and H'Slcd Ill !he c·u111p,111) and has h,·,·n a,·rn11111ed fo1 Ill acrn1du11cc wllh the n,·rn11111111g 11,•,11111cnl pr,·s,·r;h,•d un,kr the Sd1,•111,· 11ml th,· applkahlc provl\iuns uf Incl AS The assl'I,. linhili1k., :11111 share hascd payment reserve pcrlainill!( In !he I lc111crg,•,I ll111l,•11akrng haw h,·,·n t'l'L'Ol!lllSed 111 lh,• honks nflh,• (iru11p 111 ,·1111y111!( value p111s1111nl In lhe Sche1111•. l'm,11:1111 10 1h,· Schem,-. the ( 'u111pany 1ss11,·d I C(lllll}' shar,· nl' luw I alue ~ I U cad1. fully paid up, for ewry I equity share of fal'c v,1J11c l I cad, . hilly paid ,up. held h) 1hc shnrehnlders ul Vednnla I 111111cd ns un th,· R,•,·nrd l>ate of I Mny 20!1, ("Shar,· F11111k-111e111 ltatu,"). Accurdtn!(ly. th,· llnnrJ ol ll1r,·c1ur., nl' th,· 1 ·umpaay al 11, mc,·tmg hchl on 211 Ap1il W21>, up11r11vcd th,· al101111c111 of l,'11,111,XX,11~7 (110,.) c111111y sl1111cs having face value ult Ill/• eacl1 were allnllcd hy the ('u111pany lo lhl' shareholders or Vcd:mla l.imilcd. as on the record dale i.e .. ) May 2112h, 111 an,unlanc,· w11h lhe approved share c11111lc111c111 raliu and 1hc C 'ompnny ceased In lw a suhsi1h:11y of V,·dunla I .mn1,·d. hirlhc1. p111s11a111 In 1h,· apphcnhl,· 1,·gulnlnry arrruvals. !he eq1111y shar,·, of llw < ·0111pa11y wc1e hsled and a,h11111ct1 In 1rud111g 011 JISI: l.1111iled and the Nallnnal S111ck l,xdt:111µ,· of India l.111111cd 011 I ~ 11111,• !02<>. h1r1hc1, "Ad1us1111enl purs1111111 In !he Scheme" a1lpeanng 111 !he ( '11n,nl11la1cd S1:11c111l'III nl < 'ash I 'lows represents lhc a11wc11atc m111acl of 11crn11111ing 11dj11s1111cn1s ansmµ from 1h,· drnter!(cr. i11cl11di11µ ,·nnsc<111e111ial rculigmncnt of asscls, li11hili1i,·s. im·,1111c aml expenses in accurd:111,·c w1ilh th,· pro1 ismns nflhc Sd1cmc. c, Earnings per shnrc ( llnsie and 1>1l11le(I) ar,· calcul111ed allc1 cn11s1den11g !he impal'I uf 1ss11u11ec nl c,1u1ty share, pmsu11111 lo !he Scheme li·nm !he hc11i1111i11µ or th,· emlie,1 period Jncscntcd. 7 J h,• liµures for th,• compar:111vc pcriuJs huvc hecn prcscnled as ii !he Scheme (rcli:r Nole 5 ahuvc} had become l'lli."t:llvc from I April 2025. m nccmdaucc with 1h,· uecunnling 1rca1111c111 preserihed under the Scheme. Aecordmgly. the ligures for !he qu:1rlcr aml six molllhs ended JO Seplemhcr 2025 uml ycnr ended JI March W~h lrnvc hcen resluled in ucconlonce In the Scheme. X In May 2021,, 1he lion 'hie Supreme Court passed 1hc order und imposed !he penally 011 acrn11111 or 11lle11cd 111is-decl11rnli11n or dcclured copueily. The ( irnup had liled 11 review petllmn ogainsl 1he said order winch was suhscque111ly dismissed. The (iru111> cu111i1111cs In c\'aluulc ond pursue further le~al remedies us nmy he uvuilahk• under npplicahlc lnw. Mcnnwhile. the Group hns booked an exceptional loss during !he period ended JO Sq,1c111hcr, .!02(, for !he { In rn1rcs und npplic:ihlc late paynicnl surehurl(c thereon. •1 During the six months ended 30 Septc111hcr 2026, !he managcmenl renssc.~scd and aligned lhc eslimatcd us,oful c,·rnum1k lilc of plnnl and mod1inc1y m·russ nil uni ls 10 40 years, considering various lilctors, 111cl11di11g chungcs in technology. opcruting hi,1my, maintcnancl' r,·conls, cxpcclcd 11sugc und the c,mscquenl impnct on residual values. I lad the Omup nut revised lhc useful lili: eslimute of lhc ussels, depreciation cxpen.ll' for the permd ended .10 Scplemhcr 21121> would hnvc hccn higher hy ~•)::! crores with a corresponding decrease in prolil he fore lax by the snme amouul and prolil ancr tax by ~/,H crorcs. IO ERITDA hns been prcscnlcd us a supplementary measure lo cnlrnnee 1hc undcrslanding of lhe Group's underlying opcmling pcrfonunn,·c. II is cnlculnlcd from prulit hcforc exceptional items and lax, afier excluding nlhcr non-operuling income/expense and adding hack linnncc costs/ income, deprc<'iuliun and 11morlis111iun. ,, in Cl'orcl Particulars Quarter ended Hnlf ye11r ended Ycnrendcd 30.09.2026 I 30.06.2026 I 30.09,2025 30,09.2026 I 30.09.2025 31,0.1.2026 EIIITlli\ 4::!II 21J1 I 11)0 7121 607 l,SSR (Tit is spa<'/! has heel/ i11t,!lltluna/~1· leji h/ank)
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Vedanta Power Limited (Formerly known as Talwandl Sabo Power Limited) Notes to the Unuudited Consolldntcd Results (Continued) 11 Additional disclosures as per Regulation 5:?(4) oflhe Securities and Exchange Hoard of India (Listing Obligations and Disclosures Requirement) Regulations. 2015: Pnrticu lars Qunrter ended Hnlr vear ended Year ended 30,09.2026 30,06.2026 30.09,2025 30.09.2026 30.09.2025 31.03.2026 (llnauditcd) (llnauditcd) (llnnuditcd) (l1nnuditcd) (llnnudited) (llnnudited) Dehl equity rnlio (in limes) 0.(,5 0,C,8 0.(,5 11,C,5 0,C,5 11.1,.1 Dehl service coverngl' ratiu (in 1.14 II.KO 0.54 0.97 O.K/1 0.% times) Interest scrvkc co,·crn~c rntio ( 111 I Kl 1.28 0,')0 u s 1.40 I.XI limes) < 'urn,nl rnlm tin 1imesJ 0.811 0.114 O.X2 O.XIJ U.X2 I 1-1 I .ong lerm dehl Ill IVOlllllg CilJlllill tn. 28) ilHI) tl .l.1H) m2x1 ( l.l.l/-1) 2 I 11 ratio (111 lime,)• line.I dchls In ilCl'U\1111 rcc,'l\'11hle rnllo (Ill lime,) ( 'urrenl lmhillly rnlio (Ill lillll'.S) 0 2X 0 .. 11 11,]') 11.28 11.21) 11.25 ·1 olal dehls lo lolnl assets rnlio tin II l'i ll. lh O. lh O. lS 0 .lh II l'i 1111\es) l>ehlur, lllrlHl\'el' 1·11110 (Ill lllnes) 1-11, I IX 0. 71, 2.74 I X7 .1. ll lnvenlory 111n11111cr 1al10 Im limes) l KI I 2h 2.hl K.'ll ~ .)(I 1·1 ,x Opera ling prnlil 111:11 gin (' u) 10.IIJ",. 25 1'1 0 tU •1~••,.1 (I -17'. ' · ~ 7 0 (1 !(:-''J"o Ncl jlllllil 111111'1(111 t" u) .l.-17"u (2 . .!(1°0) lh.75"u) 11.71,"u ( I .ll"ul o.c, I " o N,·1 wmlh (Iola I c,111111•) ( ~ 111 1 l, I 711 ll,1177 l.!,KKS Jl,17'1 12,KK ~ 11,,t! I • N<"I worAmK ,·111utal I ,\' 11,·>,:alll'1' Not,· Nol 1111111111/isc"d, ,•1,·,•111 for th,· l'1'111' t'nd,·d .I I Al,m ·h ! ll!fi. 12 < 111 !~ A11g11s1 ~0.11,, llll' ( iroup hu, hst,·<I ( '0111111,·r,·111 1 l',1p,•1s ("( 'l's") 1111 th,· llehl Sq:m,·111 ol llw N:1111111111 Sl11l'k l' ,drn11g,· 111 lmha I i111i1,·d t"NSI·") rn111pm111i• 1,,111111 ( 'l's nf llll'l' \'llluc l~.Ull,OIIIJ l'lll'h. lhc l11111nn11J ml1t1s as pr,•s,·11hc1I lllllkr r,•1,:11lnli1111 52(4) of lhc Sel'llnl1<•s 11ml hch11111,:,• Jlonnl of huh,1 (I 1sl1111: OhhgallllllS 11111t lltsdnsm,· l(cq1111,·111c111s) l(egulallun,, 20 I \ , have hec11 <l1.wlused 111 lhe l111,111, 111I ll',ulls ahuvc. l'he li11 mula,• 11se1I 111 th,• l'Olll(l111a11t111 nl llll' 1111111, llll' 11, 1111dc1. ll\'111 CllUIIY l'llllll T111al dehl/ T111al l'<lllilY lkhl ."icl'\ kc t.·ovcragl' 1;1t10 hll·omc al':11l11hk for dchl Sl'l'l'll',•/ (111lc1<·.,1 l'Xl><'IISc I l'cpaymcnls m1111l' d111i11g the period 1hr 111111,: knn loans}, wh,·1<' 111ro1111• 11vm lahk for ,Jehl s,•n ice l'rnlil hcliire l'\l'Cpl1n11,1J items 111111 la, I llcpr,·cm111111, and am11rtm111t111 c~pensc • lnlcrcsl ,·,1wnse hllcrcsl scrvicl' t.·u,·cra1!c r.tlin lnconw av11il11hll-1111 ,khl sel\ic,•-' 1111ercs1 cxucn,e t ·unc111 ra11n Cnrrcnl a,scls/ ( 'nrrcnl liahihlics (l•.,clmlin~ l'Um 0 11t 111111urilics ul'lu1w krm h1111111l'iUl!I I.uni: 1en11 dehl Ill working e1111it11l N1111-l'llrre111 h11rrowi11g (111,·h11li11g cnm·111 111a111ri11cs ,11 loug lenn h11rruwi11g) W,,rkmg rnpi1.il tW<'>. whcrl' WC l 'urrcnt :1sscts rut10 ( '11rrc11t h11h1h111•, (exdu<l111g currcnl m11luri11cs 01'111111• ICl'lll hurrnwi111,t) 11ml dehls Ill IICCUlllll rcC<'i\'nhlc llad dchls wrille11 ol'l'l t\wrugl" ltad,• recci\'11hlcs rut10 C11rren1 linhili1y nuio ( 'nrrcnl li:ihili1ies (,•,cludinl! current 111a1urilics uf 111111! lerm hurrowiul!) '1'01111 I .i11hili1ics Tolnl <ldlls Ill 1111111 ussels rullll '1'111111 dehl/ Total assets l)ehtors turnovc, 1111io '1'01111 revenue lrom oncrulions/ t\vcrnge lradc receivables l11vc11111ry turnover ratiu (C'nsl ol' J!UUds sold)/ t\wmge i11ven111ry Onernlin~ nrolit mnrniu t" o) ( l:l llTllA - Dcnreci111io11 and a11111rti1,11mn expense).' Tolnl revenue from uneralions Ncl 1m1li1111nruin (0 o) Ncl nrolil oiler 111, hefore exce111i1111al items (net nl'lax)/ l'otnl revenue from 11ncru1inns 11 As at JO Scptcmhcr. 2021,, lhc l'arcnl co1111nmy has lhe following suhsidi.irics: Suh,l<llarlcs Mecnakshi 1.!nergy Limited Strn-l>own Suhsldlarlcs NIL ,IV/ A,soelatc Cornuany NII. 14 Reier lo t\nncxurc - A for S1a1emcnl nfC'unsnlidnted Assets nnd l.inhili1ies uml t\nncxurc • B for ( '011soliua1cd S1n1cme111 nl'C 'ash Flnws. For 1111d on bchnlf of the Hou rd of lllrcrtors V,d •-~ '"' (Yo,m.,Jy '"'"" "'J'olw"dl Mo Pow" l.lmH,dJ rlncc: New Delhi R11 nghAhujn Dale: 29 October 2026 Whole Time Director and Chief Executive Ollicer
Page 7
~ vedanta power Vedanta Power Limited (Formcrlv known as T11lw11ndl S11lm Power Limited) CIN: L40IOIMll20071'LC4llSS7 C-103, Atul Prokcts, Corpomk Avenue, New Link Rond, C'hnk11l11, Andhcrl (E), C'hnkulu MIDC', Mumbni, Muhurnshtru, lndlu, 400093 STATEMENT 011 CONSOLll>ATEI> ASSETS AND I.IAHILITU-:S Annexure A ( in Crorc, except ns slntcdl l'nrliculnrs As Ill :io.0•).2026 As al 31,03.21126 ( Unnudilcd) (l11111ndltcdl A ASSETS Non-current nsscls (a) Properly, plnnl 11ml cquipmcnl l \~X h 15,X1J2 (h> ( 'apilal work-in-progress 2,071 i.(,<)J (l') l111angihlc asscls I 2 (di l'i11a11c1al asscls ti) Trude rcn·ivahlc~ l)l) 5 1,017 (ii) Cllhl•rs Kl 1-1 (C) l>ckncd lax asscls ( Ncl) 2.4X2 2,2tJI I I) l11rn111c-H1x asscls I N,·I) 2 2 (g) other 11111H·111rcnt nsscls •IIJ 1)1) Tolnl non-current nsscts 21,271 21,0.12 ( 'urr<'nt nsscls (a) lnvcnllll ICS -I.I.I 5 12 (h) l'i11a11l'ial nsscls (ii lnvcs1111c111~ I IX 7 (ii) Trn1k rcl·civnhlcs 7')-1 I ,:J~ (iii) ( 'ash and rn~h •·q111vah•111s 5(1.! 71JX (iv) Olhcr hank hnlanccs ,n 26 (1·) Olhcrs J -I (•·) lnrnmc-lllx nsscls ( Nell 11 II (d) Olhcr currcnl nsscls -IIJ5 .172 Total current nsscts 2,742 2,')75 Tntnl Assl'tS 24,013 24,11117 IJ J<:QlJITY AND LIABILITIES Equity (II) Eq11i1y slmc capilal .1,911 . (hi Equily share ,apiw l pcmling issuance J.t>t 1 (l') Olhcr c1111i1y IJ,26X IJ,5 12 Tohtl l•:quily 1:1,179 13,423 Li11hililics Non-current liubililics (a) Financial liahilitics (i) Bunuwi111ts r,.912 7,0<,X (iii Lease liahililies 24 28 (bl Provisions '-' 10 (C) Olhcr non-current liubihlics 25 21/ Total non-current linbilitles 6,974 7,1.l~ Current liabilities (nl Financial liabilities ( i) Horrowings 1.5'15 l,W8 (ii) I.case liabililics 9 8 (iii) Operational buyers' credit / suppliers' credit 673 '>08 (iv) Trade payables 427 )9(, (v) Other financial linbilitics 1.13/l 7()1) (bl Provisiu11s 2 (cl Other current liabilities 20 28 Total current llnbltities 3,860 3,449 Total eoultv and liabilities . 24 013 24,007
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~ vedanta power Vedonln Pow<r Llmlled Wormorh· known •• Tnlwnndi Soho Power Llmiledl ('IN: l.40101Mll2007Pl ,('433557 ( "-103 Aini l'rolccls ('on,orntc Avrrrnc, New Llnl< llond, ('h11knln, Andh<rl !El, ('hnkoln MIDC' Mumb•I, Mnh•rn•hlrn, Indio, 40009.1 ('ONSOl.ll>An ;u STATF.M~'.NT 01' ( 'ASII f'I.OWS Anncxurc 8 (t In ( 'rorc, cue111 ns shltcd) Pnrtknln r. '\'('nr to d11k n~uru fur thr \ 'rn r lo d11tr flgt1r('1 for tlu• rurrcnl 11crlod ended 311 11r,•vlo11• 11erlod c11<kd 30 Sc11kmbcr 2026 S,•11tcmhor 2025 ll/111111dlh-dJ (ll111111<llll'dJ C'ASII 1-'I.OWS FIIOM Ol'EltA'l'IN(; Al "11\'ITU-:S I n~s hdun· tux ( ~J 'J) 1:,1 , ,, A IIJu!ftntrnb fur: l kp1c1.ml11111 nml 11111m11:-.ut11111 l'XP CIIM' \ ~ ~ 17') 1-uu rnh1,• ~11111 on h 11:111t.rnl m,:-.cli.. hl'ld ul lil11 valm.• tl11m 11•h pioht 111 Im:-. Pl I ms on !\Uh:' ,h:-.c1ml ul pmpl•rly, pli!nl 111111 ,•,1111pn11.·nl lni..•IJ \ I h1H' IJ!II \''\ 1.:h;lU~l ' lu~~ (lll'II ' hlh.'l~'il 1111.:111111: IXJ I I) r:mam·,• ( 'rn,I~ '"" I! I A111111 l1111l1111111I 1kk11,·1I f\ll\l'lll llh'UI g 1.111l HI (1,) Sh.th' hllM'II p iWllh'llh ,:~Jh'II\\' I 2111) ( 'h1111g,•, In worklnR 1·111111•1 (1 ,4~4) I wck ,IIHI othl'I 1cu:1v,,hll'!\ \HI l,•lhX 11\\'l'll hll'IC\ •)') (I I /I I tmk 111111 ollh'I' p11~·11hll•~ 'H t) x,,,, < )pl'I ntu,11:11 hnw1 .'-' l'l't:ll11 suprl ll•ro,;' ,·n•chl 011 ) •1111 Cn~h rrum 111u•rntloip1 9~2 71,7 Im.mm: 1.1~1.·s 1,11111 (ncl nl tl'lumlsJ w .( Nl'f t111h no\\ front 0111•r•llng 111·lh·III,•• 11411 771 ( 'ASII FLOWS FIIOM IN\'ESTIN(; A(TIVITU,:S l'uu h;1M;s ul 1111111l•1ty, plm11 mul l'lJlllpm,·111 (11H hul1111: 11111111f!1hl\':'lo, I 'WIP . l',1p11at mlv,111n.·., ,md 1.·11.•4fllu1-.J (-1-1 \ ) ( I.IMII Um1k ,h'IH"l h 111mk I 17 \) I 111 I l•tnn·1.•tls h11111 H·1ll'IIIJll1111111fha111,. 1kp11-.11~ 17 Sheu 11,·1 m I11vc~t1111..·11ts nrndi.: 12, \Hhl (-lh111 Pmrc,-.ls lin111 ._,,le nl .~horl 1c11n IU\'L'sllll\'111-. 2,IIH1 ·1111 llll l'l\'\I l\'i'l'l\ 'C" X I N,•t r••h 111,d In lnn.,llng nclMII,•• 1912) (1,2,l~J l'ASII Fl,OWS FltoM 111NAN('IN(; A("l'l\'ITrnS P,1y111,·n1 ol sl1o1t'l' 1.-..'i111.· cKp,·11s1.•:-. (\) Ncl prc11:,·c.·1lsll r,:pay11u·111) from "'hllfl •h:r111 horruw111µ, .' \H !XIJ lkJl il)'lll\!111 oflo111,t•ll'I III h111rc1wi11p,s I 11)7) P10L'l.!l'tl~ ht11n Ju11~•tc1111 h u1 1owm ~, \ 1)1) J!illlll\l..'l' \'t)SI rnul (,\II,\) (H.\) l'rinci11k pnymcnl uflca sl' liubilitks (\J (41 lnh.'fC'!I l)ll)'lllClll uf lcllsl' hulul111cs ( ! (! ) N<t e1i,h used In nnonelng netMtlo, (.1601 fl.Ill Nol (drerr usr)/lne1·en1r In rush 11nd e•sh r11ulvnle111., (332) 1~9~1 ( 'u:-.h um.I c.•;1sh cq111v11h.:11ls ul lhc lll'g inning uf lh1: year 11/H 1411 l\djus1111c1H pm -.11,\Ut lu lhc Scheme ( ltcli.:r note ~) 1/H 72(, C'u•h und rash euulvalcnls nt end or the vcnr ~64 271 Nolr.: I J'l1c fip.urcs 1n p;ircn1hcscs 1ml1c11h.' l,11t l1l1w. ~ ·111c uhovc cush lh,w lms hccn prcp:1rcd unt..lcr lhc 11 lmlirccl Mclhm.l" us set out in Jnllmn AL'\'UlmlinH Slandurd (Ind AS) 7 . s1111cml'nl of ,·nsh flows ! ~ ~ ~ -,:, • * g, f:! I". ~ :P,..,.. ~" ,-Rtr, ACCO\) L
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Walker Chandiok &_Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase II, Gurugram - 122 002 Haryana, India T +91 124 462 8099 F +91 124 462 8001 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Vedanta Power Limited (Formerly known as Talwandi Sabo Power Limited) 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement'} of Vedanta Power Limited (Formerly known as Talwandi Sabo Power Limited) ('the Company') for the quarter ended 30 September 2026 and the year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52(4} of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended} ('Listing Regulations') {read with SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15 October 2025. Attention is drawn to the fact that the figures for the corresponding quarter and year-Io date period ended 30 September 2025 have been approved by the Company's Board of Directors, but have not been subjected to audit or review. 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 and Regulation 52(4) of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that ca believe that the accompanying Statement, prepared in accordance with the reco measurement principles laid down in Ind AS 34, prescribed under section 133 oft Chartered AccoJn!>nlS Off- ,n- Be,v, ilnl. Ch3lt<lgam. Ct.,n,,., Od'nldJn Goo G.,r,gr .. llydor.t,ad Irmo. J(od,, Kd,.u - N.., Dd!lo N- andP""' We'kf,f Chandlel< & Co LLP JS 1«-9:.leled w,11 - hat>Ay wI1h Kl!JltIfica~cn numb« AAC-2085 and has ns registered att,a,a1l -4t Conn~ tC,ro,s. Outer Cncle. llcw Odl, 110001 lnd,a
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of the Company pursuant to the Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 and Regulation 52(4) of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The audit of standalone financial statements for the year ended 31 March 2026 included in the Statement was carried out and reported by S.R. Batliboi & Co LLP who has expressed an unmodified opinion vide their audit report dated 24 April 2026, whose report has been furnished to us and which has been relied upon by us for the purpose of our review of the Statement. Further, as stated in note 4, the aforesaid standalone financial statements have been adjusted to give impact of the Composite Scheme of Arrangement as approved by the order of National Company Law Tribunal dated 09 January 2026 to include the carve out financial information of Merchant Power undertaking of Vedanta Limited and such carve out financial information of Merchant Power undertaking for the year ended 31 March 2026 has been approved by the Company's Board of Directors but has not been subjected to audit or review. Our conclusion is not modified in respect of this matter. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 ~~.K Partner Membership No.: 555339 Place: Gurugram Date: 29 October 2026 Chartered Accountants
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~ vedanta power Vcd11nla Power Llmiled (Formerly known ns Talwandi Saho Power Limited) C'I N: L40 IO IM ll2007 l'U'433557 C-103, Atul Projects, C'orporatl' Avenue, New Link Road, C'hnk:1la, Andhcri (E), Chak:11:I MIDC', Mumhni, Maharashtra, lndln, 400093 STATEMENT OF lJNAlll)ITED STANl)Al ,ONE RRSULTS FOR TIIE QllARl'ER ANI) IIALF YI<;AR ENDED 30 SRPTEMRER 2026 (f In Cron-, cxccpl us st.1tcd) Qunrtcr ended llnlr )'l'nr ended \'cur cmkd 30.09.202<, 30.0(,.2021, J0.09.2025 30.09,2026 30.09.2025 31,03.202(, S. No. l'nrtlculnrs (lln1111ditcl1) (lhrnmlltcll) (llnnullitcll) (llnnudilcd) ( Unaudited) (llnnuditcd) I lt<'vcnt1l' from opcrntlons a) Revenue 1,981 1,1125 1.7 ll .,.xo1, J.45' 7.~c,o h) Olher operalllljl lllCOllle H5 I I 7 "'' 12 ,~ Totnl l'l'\'l'lllll' from 011crntio11s (n+h) 2,0(,6 I.H36 1,740 3,1102 J,465 7,2115 2 Other Income ,, H 11 17 ) II -lH Totnl lncoml' 2,117S 1,844 1,751 3,91') J,•l/15 7,.14., ·' l•:xpl'IISl'S a) l'owcr and li1L·I rhar !lCS ),5(,(, 1,474 1.411-l l,040 2.h 111 ~.1'14 h) Employee hL 0 11ef11s expense IX 17 12 ,~ 1•1 ·17 l') Filllllll'C l'OS(S 170 lhH 15-1 DH .HH 1, lJ di Depredation and :n11or1isa11011 expense H5 I(,() I 55 24~ 2'!') Id!/ c) Other expenses IC,:! 1,,c. IC>.I .l 2H 275 ""'' Totnl l'Xlll'llSl'S 2,001 l,9H5 1,HHH 3,1>H<, J,52<, 7,H,I 4 l'rofll/ (loss) before eXl'e11tlo1111I items 111111 tux 74 (141) ( 1.17) ((,7) (41) 182 5 Nel exeer,lionnl (lnss)/J(ain ( ::!)) (487) (~.llh7) ( 5 11>) (:!,0(17) (2. 12-)) 6 l'ront/ (loss) heforc lnx 51 (628) (2,20,1) (577) (2,I08) (2,142) 7 T11x l'Xpc1m•s/(hc11cllt): Olhl'r lhuu l'XCl'plionul lh'ms al ( 'urrcnt tax expense - - - h) Net <lclcrred tux expense/(hcnclil) 5 (5h) (4.1) (52 ) ( 22) 22 I<:xccptlonnl items c) Net del'crrcd lnx expense/( henelil) on cxccnliunal items ( 5 ) I 121) (520) ( 1.lX) (520) (584) Nl't lnx eXPl'llSl' (u)+(h)+(e) - (179) (563) (180) (S-12) (562) H Profi1/ (Jou) llfll'I' tux (A) SI (449) ( I ,(1-l I) (397) (1,56h) ( l,SHO) II Other comprehmslvc Income/ (loss) i. (a) lkm s thnt will not he reclnssilicd lo pmlit or loss - - I - I -2 (h) Tux hcnclit/ (cxpensL') 1111 ilems th111 will 1101 he reclussilkd lo profit or loss - - - ir. (a) Items that will be rcclassilicd lo profit or loss - - - - - (h) Tax henclit/ (expense) on items thut will he reclassilicd lo - profit or loss - - - - Tolnl other comprehensive income/ (loss) (Bl - - I - I (2) 10 Totul comprehensive income/ (loss) (A+B) 51 (44'1) ( 1,(,40) (397) (1,5(15) (1,5112) II Puid-up cuuilv share capital (Fuec vuluc of~ IO each) J,91 I 3,911 - 3,911 - - 12 Eauitv shore ca11ital pending issuance - 3,91 I - 3,911 .l,911 13 Reserves cxdud ing share capitol pcitdinl.! issuance 4,718 4,648 4,404 4,718 4,404 5,019 14 Enmingsl (Loss) per share:" - Basic O.D ( 1.15) (4.20) (1.02) (4.00) (4.04) - Oilutcd 0.13 (I.I 5) (4.20) ( 1.02) (4.00) (4.04) II Nol t111111tuhred, e.rC"eptfor lhc! ,war ,•nded 31 March 2016.
Page 12
Vedantu Power Limited (Formerly known as Tahvandi Sabo Power Limited) Notes to the Unaudited Standalone Results The ahovc standalone results or Vedanta Power limited ("the< 'ompany"), for the quurtcr aml six months ended JO September 202/, have hccn reviewed hy tin~ Audit aml Risk Management l'ommillel' :md approved hy the Board ol' Directors in their respcelivc meetings held 1111 21/ October 202(,. The limited review, us required under Re1,tulations .1 l or the SEBI (Listing Ohligatinns aml Disclnsure Requirements) Regulations, WI 5, lrns hccn completed hy the stutntory nuJiturs fur the 4narte1 and si~ months ended lll Septcmhcr 2026, :111d they have expressed :111 unmoditied conclusinn <m the uliircsoid re,ults. 2 These resulls have been prepared in accnnlancc with the l111h:111 Accounting Stundards ("Ind AS"I nn111ied under the ('um11anie, (ln,han Accuunllnµ StamlanlsJ Rules, 201~. 1 Till' ( 'ompany's uperalinns mvolw th,• use of large-seal,• industrial cq111p111e111 a11d processes, 111cl111h11g h111lcrs a11d related high-pressure systems. wh1d, arc 111herci11ly st1hJecl to opcrnt11mnl risks. An 111c1,k11t occurre,1 on 14 Apnl 2112h al the l hut I llo11l•r ufthc ( 'nmpany's I .~OIi MW Sak Ii l'hennal l'lanl loc,lled al Smghitarn1 f'h,• 111c1de11t has nut rcsult,·tl 111 any 111111,•nal 1111pa,·1 011 the < ·ompany's mwnll "l"'l'lllllllls, lina11ci11I 111isl111111, m hq111d11y. I h,· < 'nrnpany rcm:1111, cumnutt.·<i to strengthening its snlcty frnmcwnrk aml 111ainlai11i11g rohusl up,•ralinnal standards across lls lilnhtics 4 l'ltc I lun'hlc N11t111nal l 'ompany I.aw I nhunal (Nl 'I I). Mumh,11 lkndt, \'Ilk II~ 111dc1 date,I 'I Jun11m'} Jll.'(1, app111vcd th,· < '11111p11,11e Schc11tl' 111' A1ra11grni,·n1 t"th,· Sd,cnw"J for tlw 1lcmerger 111' till' Merchant 1'1111·1·1 l h11lc1taki11g of V,·,lanta l.imitcd ("lk111c1ged 11111k11akini:"1111111 th,· ( 'mnpany 1111 a gomg rnnc,·rn ha,is Add1111111nlly, as p:111 nfth,· 11wrnll re11rµ:11us11111111. Vedanta l.111u1,·d has also trnnsi<'rml tis shard,uldmi: 111 M,·e11aksh1 l,11c1µy I muted 111 lhc ( 'ornpanv. The Sdtcmc hcrame effcct1vc 011 I May Jll.'l, ("cJ'li:,·11,·e date"), wlud, " al,11 the Appointed llalc of lhe Sd1e1111· < '111lscq11,·11t to the sd1e111c hernmin11 dfr<'liVc, 1h,· Mc1dta11t l'11wcr l lnd1·1htk111µ ol \'t•da11t11 I muted" '" 111111,1<.-11,·J to a11d Vcst,·d III th,• <'11111pa11y 111111 has l"·,•11 n1Tm111t,·d l111 111 accurda11n· with the lll'<'11111t1mi: t1<·a1111,,111 p1cM'11h,·1I 1111111·1 the Sd1,·m1• aml the appl1mhlc p111visi1111s ul Ind AS Thl· :,ss.•1,, lmhihl1cs 111111 sha1,· l11"1·d paym,·1111,·scrv,· 1w1tai11m!? In th,· l>l'll1c1µe1I ll111lc1takrng have hecn rec1111111~ed III the ho11ks nrth,· l '11mpa11v at ,·:uw1111-t value 1>nrsunnt lu the Sch,·111c. l'nr,um11 111 lhc Sd1c11"·• th,•< 'om111111)' issued I ,·11ull)' sitar,· nl i:Jc,· vah1,• { 111 ,·ach. li1lly p1111I 11p, li>r ,•wry I equity share nl ih<'e vahu• ! I ,•ad1, lull)' 1>aid up, h,•hl b) the ,h11reh11hlcrs ul Vl·<innln I.muted'" 1111 till' ltcrnrd llatc 111' I May 2112h ("Share l•.n1Jtil•111c11t R:11111"1. Accnnhngly, th,• Bo11nl ol lhn·ctnrs 111 th,· l ·11mpn11y at its mectmi• hdd 1111 211 Ap11I 2021,, apptll\cd th<' all11t111e111 nl l,111,111,XX.11~7 (1111,.) c111111y ,h:nes h:1\1111: lite,· vah1,• 111 / Ill/ each wc1,· ,1ll111tc,I hy the< 11111pany 111 the shardwlders 111 Ve1l11111a I imited, a, 1111 th,· rcrnnl dat,· 1.,· .. I May 2112h, i11 :1,·,·rn,l:n1,·,· with th,• nppru1cd shan· c11t1tk•11M1t 1,11111 and th,· < 'nmpa11y ,·,•asc•d to lw ,1 s11hs11hary 111 Vedanta I .unllcd. hll'lh1•1, 11111su;1111 to tlw apphrnhk 1,·µulntory apprmals. the e,Jully shaics 111' the ( 'om1n111y w,w listed :md :11l111111e,I to tradml! 1111 IJSI· I .11uitcd aml the N111i111111I Stol'~ l•xd11111ge ol India I 111111,·d 1111 I~ June J0.'h hll'th,•1, "l'Hl,111s1111l'lll 1rn1s11a11t to thl' Sd1e•1m•" ap)ll'annµ 111 th,· S1a11d,tl1111e Slalcm,·nt 111 t'nsh l'luw, 1cpre.sc11ts the 11µµ1q •a1t· unpaL'I 11f11c,·m1111J11g ml111,tnicn1, ,ll'J.Slllg Imm th,· ,k1m·rgc1, iudu,ling ,·ousc1111e11tial rcalii:11m,·11t 11fass.·1,. liah1litie, income :uul cx1,-·11,c, ill '"'Co1da11L'e w1ith tl,c provis111ns 11fth,· S,·hcme l·arnings pl'r sha"' tBask a11d l>ih1lcdl nr,· rnkulat,•d aller cnnsid,·ring lhl' impal't ol'issu:111c,· nf,·q11i1y ,har,·, pur~11:111t to the Sdtemc li-<1111 thl' hegin11111i: nl th,· carli,•,J pemitl prl·sen1,·d. (> lhe lig11rL·s fo1 th,• comp:irati,e 11cri,~ls have heen pr,·s.·ntcd a, 11' the Scheme (reli:1 Note .J allll\'l') had hecome elli:clJve from I April 2025, m arcur,lance wllh ih,· acco1111ting 1rc111111e11t prL·scrihcd 11ndcr lhc Scheme Accordinµly. lite· lignres for the <111artc1 and six months cmlcd ,ltl Sqitemher 20~5 1111d y,•ar emled 11 Mmdt 211.'I, hnve heen restnled m aecnrdnnl'L' to the Sch,•111,•. 7 l11 Mny 2026, thl' 111111 'hie Supreme< '11urt rnsscd the ord,•r nnd imposed the penalty on nccnunt of 11IIL·µed 111is-decl11ruti1111 11r Jednred eupuclly. The I 'omp:111y had filed a rcl'icw petition :1gui11st thl' said order whid 1 w:is suhscqnently dismissed Th,· < 'umpany cnntinnes 111 emluatc 111111 p11rs11,• lilrthcr lcg:11 r,·mcdies us may Ill' nvmlahk 1111dcr arr1tc:1hle law. Meanwhile, the ( 'omp:111y ha, hooked an exceptional loss during the renod e111k,I Ill September 2021, lur the { 127 crurcs and a11plicahlc late payment surcharge thereon. K llurinJ,! the six months ended JU September 1112<,, th,• 11wn11J,!cmcnl reassessed 1111d ahµncd the cstim111cd uscli1I ec11n11m1c lili: ol' plnnt nn<l muchmcry across all unils 111 40 years. considering various focturs, including ehnngcs in technology, 11pcratin1? history, 111ainte1mm·l· rec11rds, expected usage 11ml the co11se,1uent impuet on residual values. I lad the C 'omruny 11111 revised the usclul lili: estimate 111' the assets, depreciation expense for the period ende,1 .10 Septemher 202(, would have been higher hy ~ 7.1 crorcs, with a c11rrespund111g decreasl' m prolit hcfore t:1x by the sallll' ummmt and pmlit ullcr tux hy {54 crnrcs. <J EIIITDA hns hecn presented as a supplementary measure to enhance the underst:m1hng uf the C'11111p11ny's 1111dcrlymg upcrutinl( pcrl\,rm:mce. It 1s ~ulculated from 1,rul',t bel'or~ exceptional items and tux, a Iler excluding other 111111-upernting incomeiexpcnse and udding back finance costs/ income, depreciutiun and mnonisution. l'artlculnrs Quarter ended Hair ycnr ended Cl In C'rnrcl \'cnr ended 30,09.2026 I 30.06.2026 I 30.09.2025 30.09.2026 I 30,09,202~ .H.03.2026 EAITDA 3201 t7<J I 161 41J1J I 5•11 l,.1K5 !This ,11111,·,• 1111.1· h,·,·11 i111,·111i11nal(,• l,:fi hlm,k/ L
Page 13
Vedanta Power Umlted (Formerly known as Talwandi Sabo Power Limited) Notes to the Unaudited Slandalone Results (Continued) Io Addilionnl disdosures as per Regulation 51(4) ur the Securities and Exchange Board ol'lndia (Listing Oh ligations and Disclosures Requirement) Regulations, 21) 15: Particulars Querier ended Half year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (llnttudllcd) (I lnaudlled) (lln1111diled) (lln1111diled) (lhrnudilcd) (lfnttudilcd) Dehl equity ratio (in I imcs) O.X7 O 'I I 0.')() 0.87 0.')0 O.X./ Dehl .,cr,ice covcrugc ralin (in o.•i-1 0.52 0.52 0.1., O.Kc, 1.011 11111es) Interest service cm·crage ralio tin 1.57 O.KK 0 I) I 1.23 1.50 I.KM lime.<) l 'urrcnl raliu (in limes) ll.7X OK/ 0. 75 0.7X 0.75 1.01) l .11ng lerm tlehl lo wor~ing caJlilal ( IO.X5) i 15.40) 1•1 ~2) ( lll.K5) (').5~) l0.)7 rallll (111 l1111es)• Bad tlehts lu nn·unnl rccdvahk· rnliu (Ill 11111es) C'unenl h11h1h1y ralm (111 lime,) 0,10 0.1 l O. lll 0.10 0. HI ll..'C1 Total dchls lo 1111111 nsscls rn1i11 (111 0.41 ll ./2 0.42 0.41 11 ,IJ ll.-1 I IIIIICS) llchlurs lnrn,wer 111110 (Ill 11111es) I (II) 11.K, l.h \ ·1.72 I. lll ! .Cd )11ve111urv lurnuvcr ra1111 (111 lime,) l.X~ in 11. lO )1) )() 11 71) I ~.27 Dp,·1ali11g prnlil m111g111 ("o) 11 \7"o 1.0 l"o 0 .\.l0 n (1. 51°11 (1 l)X"o lo. ~n•., N,·1 pmlil mm11m (" u) .l. \,111 n (•Ir, l"ol (~.-10",,) (0 18°, ) (0.55"u) -~. I 911 ,, Net wu11h (lnlal l'llllll}') (~ Ill x,c,11/ KYilJ X, 11 ~ X,621/ K, 11 ~ 8,1)1 () ( '1111<•) • /\'c'/ worJ..111~ ct1p1lt1/ I,\' 11c'ga1t1·•· Not,· Nrit ,11111111,/1.,·,•d. ,•1e ,·pr fol' 1!1e· re11r l'lldc•d I I A/11r,·I, JO.'~ 11 011 .•~ /\ugusl 20.'h, the I '11111pany h"s lisll'd C'u111111e1rn1l l'ape1s I"( 'l's") on th,• Dehl Segment nl IIIL' N11t1111111I Stork Exdia11ge ol h1th,1 1.inuled ("NSI·"> .-.,1111111sing 1,.llllll < 'l's or litL'<• value t 5,0ll,OOII each. 'I h,· 1'111a11d11l rnlio, ,ts presrnlw,I 1111tle1 l'Cl(11l1111n11 ~2(·1 I ol the Sccnnll,•s a11d Exchall)!L' l!unrtl or India (I isliui: ( lhh1,tal1en" a111I ll1srl11,urc Requm·menls) R,•gul11111111s, 2015. hav,• hccn thsrlt•.'<'d 111 till' linanr111I 1cs11ils uhnVL'. '1 h,· li,ruml11L• u,cd III the m111p111a1Jn11 of th,· rnllns .,,,. as umlei llchl c,11111 y 111lm ·101al dehli Total ,·q111t)' lkht M.·rvkc i..·o,·\·rngl' talto lncum,· a\'nilahk Im dd,1 S<'I \'in•/ (i111<•1,·.,1 expense I 1q1ay1m·uls 111t111L- during the flL'iiod li11 lo11g ll-1111 lo:.m~I. wht•1..: i11n1 1111.: al'ailuhle lo, debt scnke Prnlil hclurc e,ceplmnal Jlems """ lax I lleprel'i111iu11 anti 11111or1it:1li1111 expense I f111crc,1 l'XpCUSl' lnh:rcsl :-;crvkc l'O\'l'rn w.~ rnlio lni.:ume avnilnhlc liir debt service' interest cwcn,c ( 0111H'III 1allo I ·1111rn1 ""'''' ' < '1111,·111 hah1htJL·, t,·.,,·hnlnw current maturities ur lnnu term lm,ruwinll) l.oug hmn ,khl lo working capital N,111,,·urrenl hnrrowing (inch11li11µ currc111 malurilics ur lung tern, hurrowing)' Wurkmr ,·npilnl (WC), where W!' Current a,se1, rnl111 l ·urrcnl li11h1h11cs (exclmling current urnlurilies of lt111111er111 hurrowingl Bud debts lo accounl rcceivuhk Bad dehts wrillcn om ,\v,•rni:e trade rcc,·11 uhb rnlio t 'un..:111 liah1li1y 1111111 1'1111,•111 li11h1h1iL•s 1,•., d111li111: current 111111un11cs nl Inn~ term hnrruwiniiJI Tutnl I 111hili1k, Total debts lo 1u1nl nssels rnlio ·1 utal debt/ Tutnl assets l>ehlors turnover ratio Tulnl revenue from 011<·ra1i1111'i /\vcra~,· lrnde rcccivuhlcs lnvenhuv turnover ratio (('osl or i:uuds sold)/ Averug,· 111venlu1y Operating pn>lil 111and11 ("o) ( l:IIITI >A • Dci1rccia1i1111 anti u111m1i1111iu11 cx11cnsc)' Tutu! 1t·1·c1111,• li-11111 1111cruliuns Net 11mfi1 mami11 ("~) N~I 111111i1 uner lnx hdi,re cxcc1111011ul items (11,·1 01'1:ix)I .,.,.,aJ r,•venue from 011e1111i,.11s 12 Refor lo Annexurc • A for S1n1eme11l of Slumlulune Assets uud 1.iahililies und /\nncxure • 11 for Slandalouc Slnkmcnl ol l 'nsh Fluws. For and on hehttlf of the Ruud of Director~ Vcdanl r Llmlkd (Formerly known as Tnlwandl Sttbo Power Umllcd) • Pince: New Delhi Rnjl u llatc: 29 October 2026 Who nd t'hiL•f EKecutivc Oilicer
Page 14
~ vedanta power Vedanta Power Limited (Formerly known 11s Talw11ndi Saho Power Limited) C'IN: IAOIOIMH2007PLC'433557 C'-1 OJ, Atul Projects, Corpornte Avenue, New I.Ink Roud, Chuk11l11, Andherl 0:), Chaknli1 MIDC', Murnhul, M11hnrnshlr11, lndlu, 400093 STATEMENT (W STANDALONI•: ASSETS AND LiAHII.ITms Anncxure A ~ In Cron•, except us slnted) 1'11rlkul11rs As 111 30.~9.2026 As lll 3 1.03.2026 (llnuuditcd) (lh11111ditcd) A ASSKl'S Non-current 11ssl 0 ls (11) l'rnpcrly. plant nml cq11ip111c11t lJ, \K5 'l,(1 10 (h) ( 'apital work-in-progress 2.04 l l,M15 (c) lnlan!(ihlc asscls I 2 Id) Finandal asscl~ (1) lnvcstn1cnt• l) 2(> 1)2/1 (ii) Trade l'l'l'eivahi<-s 1)l)5 1.017 (Iii) Other, /,I 211 (c) Dt•l'cm·,I lax assets ( Ncl) 25 17 J, \.\7 I I) lnrnme-lax assets ( Net I 2 .' (g) 01 hc1 111111-1.:urrcnt assels 4.J •ix Tolul 11011-curi·,•nt 11ssl•ls IS,971, l!i,703 < ·urrcnt 11ssl'IN (a) lnvcnlorics 'I 5 40\ (hi Finam·1nl nsM·t• ( i) I nvcstmcnts 20\ 7 (ii) Trmk n:cc1vahk·s (>59 1.17 1 (Iii) ('ash :11111 l·ash c,1111vulc11ts 51,1 71)2 (iv) Oihcr hank halanrcs CJ I -(v) 01hcrs •I CJ (c) illl'Olllc-lax assets (Net) l) l) (d) Oihcr ,·mn·nl u•scls 400 ! •JI Totnl cnrrcnl nsscls 2,242 2,6112 Tot11I Assets 111,2111 111,3115 H E()lll TY AND I.IAHll,l'l'IES Equity (al Equily share rapilal .',•J 11 - (bl Equity shun~ capital pend in!( issuam:c - .l,<J 11 (C) Olhcr equity 4,7 11< 5,IJ(l) Totnl Ec1ulty 8,629 8,930 Linblllllcs Non-currc,11 liabilities (11) Financial liuhilitics (i) Horrnwings h,IX7 (1J52 (ii) 1.cnsc li11hili1ics 2.\ 2/1 (bl Provisions II X (c) 01hcr nnn-currenl liuhililics 2~ 29 Totnl non-current llabllltlcs 6,246 6,415 < '111n•11t ll11bllltlcs (a) Financial liabilities ( i) Horrowings IJOI! 1.114 (ii) Lease liuhililics l) X (iii) Operational buyers' credit/ suppliers' credit 583 907 (iv) Trndc payables 327 JOI (v) Olhcr financial liabililics 1,099 68.l (b) Provisions - 2 (c) Other current liabilities 17 25 Total current llablllllcs 3 343 3,040 Total Equltv and llabllltics IR.2.1.11 18 385 ~0\1\«S:~ □~ c,l'-1>,NDlo,t-cf C' ~o(,.:: ~ 0 ~ ~ ~ .- I 0 iril I; ~, n. c., ~ () ~ ~ 1'1<-,?,, QVJ~'\,°¥ • --t::GACC
Page 15
~ vedanta power Vednntn Power Limited (FormHI)' known RS Tolwundl Snbo Power Umlted) CIN: IAOIOl l\tH2007Pl,('4J3557 ('-103, Atul Prul1·,·1s, ('on,ornlc Avenue, New Link Ruud, C'hukaln, Andhcrl (E), ('hnkuln MIDC, l\l11111hnl, l\lnhnrnshlrn, lndlH, 400093 STANIIALONI•: STATEI\U:NT ()II ('ASII FLOWS Anncxurc 8 (t In C'rorc, c1cc111 11s sl11lcd) l'urtimlnn Yc•r lo dulc O,:urcs for lhc Ymr lo clnlc figures for th,• cnrrcnl 11criod 1•11d1•d JO previous t>l'riod cud,•d .10 s,•plcmllrr 2026 S1·plc111b1•1· 2025 (llnauclllcd) (IIJrnudih•cl) C 'ASH FLOWS FROM OPEIUTINC; ,\("l'IVITIES I oss h1..•lon: In" ( ' 77 ) (~, IIIX) ,\cljnslmculs for: l>cprccin111111 uud an111111smi1111 cKp1·11sc 14\ } 'N 1-:ur valu,· 1:111111111 f111a11rn1I as.cl, h,·ld al lair ,ulnc 1hrc1111:h pruhl nr loss (7) I O,\S 1111 ,11icl d1scnnl nl pro1lcr1y, pl:1111 uucl «flll(llllCIII (IICI) 2 I l·orcil'II ,·xdrnnµ,· loss (ncl) ' l111cn•s1 in,11111,· (/,) (l•II l·i1m111.·1..· rosl~ IIH IOI Slrnr,· hascd pay111c111s ,·xpcns,· I A11u11t11111um nl cll·f'tn,·tl 1•,1v,·rn11h.'III g1,u11 (,I) (!,) ((,) (1,520) ( 'hnlllll'S In working 1·11111111I rnuk :1111111lhc1 1c,·c1v.1hli-, ·l.' 7 l,•lll'l lnv.,•ntnru.•:-. xx ( 11,,,, I r,ulc :nnl olh,•1 p11y,1hlc.s -111 -, , I C >11c1a111111al huvc-1, ,·1c,hli ,u1111hcrs' ,..-c,ht ( l~•ll WI < 'mh from 0111•rntlu11s <,II, 752 lru:rnlH' la.'~C"i puul (lll't ol u.•fu1ul"I) ' N1•1 msh now trum u111·rnli11i: 11dlvlll,·, "11, 7~7 ( 'ASII 111.0WS FIU>l\1 IN\' ►:STIN(; A<'Tl\'ITES Purdia.ws of properly, planl and cq11ip111cn1 (indmlinl! i111a11gihlcs. < 'Wli'. ,·a11i1al adv:mc,·s a11d n1pi111I ( 111,1 (Xh~ I l'wcccds 1<11111 snlc nr property, plant 1111d c11111p111cnl . I n1111s rcpuid hy rl'l11tccl purl ics (471 > Bnnk 1kpuslls mmk' (7.17) ( 1/ih) l'rmccds liu111 rcdcmp1iu11 of hank deposit, 1,u~ IX Shm1 lcrm inw.,1111cnls mmk- (1.271) (•Wl) l'rmcccls from sale nr shurt-1,•rn1 invcslm,•111, 1,0H2 410 lln~rcst rc~civcd ,, 1-1 Nl'I cash 11,cd Ju l11w, 1J11i: 111·11\·ilh·s (6.,1) (1,509) I 'ASII f/1.0WS FROM f/lNANCING ACTIVITmS Pay111L"111 or shurc issue expenses (.1) Ncl procccds/(rcpaymcnt) from shnrt-tcr111 borrowings 1)2 (HI I Prncecds from long-term borrowings 4•JI Rcpuymcnt orlung•tcrm horrm\ings ((1.I) Finance cosl pnid (.l.l7) (.11/ I I l'rincipul p11yme11t of'lcosc liohilitics (2) (4) Interest 11111•111c111 of lcusc liahililics (II (J ) Net cash (used ln)tnuw from finnnclni: adhilif s (314) u Net dccren1c In ensh and cn1h ,•,1ulvalcnts (329) (7.1')) ( 'ash and cush cm1ivalcn1s at the hc1!inni11~ oflhc v,·nr 792 I.IX Adiusunenl 111irs11:i111 to lhc Scheme (Refer nolc 4) 'IX 721, Cash nnd cash eu11iv11lents 111 th,• cud or the 1·,·ur 561 12!1 Note,: I. 'I he ligurcs in parentheses indicate out now. 2. The ohovc cosh now hos hecn prepared under 1hc "Indirect Method" as set oul in Indian Accounting Stondord (Ind AS) 7 - S111tcmcn1 or <:nsh Flows.