AIIL : ACQUIRES 25% STAKE IN VEPL VIA RS 100 CR ICD CONVERSION; REMITS RS 350 CR FOR WWIL ASSETS

• Authum completed its ₹350 Cr financial commitment under the WWIL resolution plan by remitting consideration to WWIL after TDS deductions • NCLT approved the consortium's resolution plan for WWIL on July 27, 2026; consortium includes Inox Neo Energies as lead member and Authum • Under the revised structure, Authum disbursed ₹100 Cr to Vibhav Energy Private Limited via ICD agreement dated September 28, 2026 • On October 9, 2026, the ICD converted into 10 Cr equity shares of VEPL at ₹10 face value, representing 25% of paid-up capital on fully diluted basis • VEPL is a subsidiary of Inox Green Energy Services and provides O&M services for wind power service providers in India; FY26 turnover Nil and net worth negative at ₹0.1 Cr as at March 31, 2026 • Authum says the target has strong potential for value creation and aligns with its portfolio diversification objective

Authum Investment & Infrastructure Ltd

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