HPL Electric & Power has announced the re-appointment of Dr. (Mrs.) Rashmi Vij (DIN: 01103219) as an Independent Director of the Company for a second consecutive term of five years, effective May 12, 2026. The decision, taken by the Board of Directors upon the recommendation of the Nomination and Remuneration Committee, is subject to approval by the shareholders of the Company. The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III.

Re-Appointment Details

The key parameters of Dr. Vij's re-appointment are outlined below:

Compliance Confirmation

In accordance with Exchange Circulars dated June 20, 2018, the Board of Directors and the Nomination and Remuneration Committee have verified that Dr. (Mrs.) Rashmi Vij is not debarred from holding the office of director pursuant to any SEBI order or any other such authority. The re-appointment has been carried out in full compliance with applicable regulatory requirements. The intimation was signed by Vivek Kumar, Company Secretary of HPL Electric & Power, on May 11, 2026.

Profile of Dr. (Mrs.) Rashmi Vij

Dr. (Mrs.) Rashmi Vij brings a distinguished academic and professional background to her role as Independent Director. She is a gold medallist in MA (Psychology) and holds a Doctorate in Psychology. Key highlights of her profile include:

• Founder Principal of Police DAV Public School since 1996
• Chairperson of Jalandhar Sahodaya Complex
• Heads various sports organisations in Punjab and India
• Serves as British Council School Ambassador for various advocacy programmes
• Recipient of the National Teacher Award - 2007 conferred by the Honourable President of India, Smt. Pratibha Patil
• Recipient of the Best Principal Award by the DAV Management Committee, New Delhi
• Recipient of the Scout Award by National Innovation Foundation for promoting innovative thinking in school
• Actively involved in educating underprivileged children and women's empowerment

Dr. (Mrs.) Rashmi Vij is not related to any of the existing Directors, Key Managerial Personnel, or Promoters of the Company, as disclosed in accordance with applicable regulatory requirements.

HPL Electric & Power Limited has received work orders and notifications of award worth Rs. 242.24 crores from multiple customers for the supply of smart meters. The orders, which are inclusive of tax, have been secured from regular leading customers and will be executed in the normal course of business according to the terms and conditions of the purchase orders and notifications of award.

Customer Portfolio

The work orders have been received from five prominent customers in the infrastructure sector:

Contract Execution Framework

The contracts will be executed as per the terms and conditions specified in the purchase orders and notifications of award. The company has informed the stock exchanges about this development through a regulatory filing. The intimation was signed by Vivek Kumar, Company Secretary of HPL Electric & Power Limited, confirming the receipt of these orders.

Order Summary