POWER FINANCE CORPORATION LTD.: TRANSFER OF LTUR REZ AND RAIGAD POWER TRANSMISSION LTD.

• Latur REZ Transmission Ltd. and Raigad Power Transmission Ltd. have been transferred to respective successful bidders on 28.09.2026. • The transaction involves wholly owned subsidiaries of PFC Consulting Limited. • Latur REZ was developed for "Establishment of 400/220/132 kV AIS Latur" and transferred to Montecarlo Energy Limited. • Raigad Power was developed for "Establishment of 765/400/220 kV AIS Kandalgaon" and transferred to Apraava Energy Private Limited. • Consideration received for Latur REZ was ₹3,71,81,895 and for Raigad Power was ₹7,40,55,693. • The successful bidders do not belong to the promoter/promoter group. • The transactions are not related party transactions and are not in the nature of slump sale. Impact: Neutral (Routine subsidiary divestment)

Power Finance Corporation Ltd

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