Torrent Power Limited has fulfilled its quarterly regulatory obligations by submitting a compliance certificate to stock exchanges for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining transparency and regulatory compliance in securities management.

Regulatory Compliance Submission

The company submitted the required certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 07, 2026. Company Secretary and Compliance Officer Rahul Shah signed and filed the compliance document, ensuring adherence to prescribed timelines.

Registrar Confirmation

MUFG Intime India Pvt. Ltd., serving as the company's Registrar and Transfer Agent, provided the confirmation certificate dated April 01, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

Sr. Vice President-Corporate Registry Ashok Shetty signed the certificate on behalf of MUFG Intime India, confirming that:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities were listed on stock exchanges where earlier issued securities are listed
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners

Stakeholder Communication

The compliance submission was communicated to multiple stakeholders to ensure comprehensive regulatory coverage. Copies were sent to National Securities Depository Ltd. and Central Depository Services (India) Ltd., maintaining transparency across the entire depository ecosystem.

This quarterly compliance certificate represents standard regulatory practice for listed companies, ensuring proper oversight of securities dematerialization and rematerialization processes. The submission confirms Torrent Power's adherence to SEBI regulations governing depository operations and participant responsibilities.

Torrent Power Limited has completed an internal restructuring transaction involving the sale of equity shares of three wholly-owned subsidiaries to another group company. The transaction was completed on March 30, 2026 at 03:16 pm, as disclosed to the stock exchanges under Regulation 30 of SEBI Listing Regulations.

Transaction Details

The company sold equity shares of three subsidiaries to Torrent Energy Storage Solutions Private Limited, which is also a wholly-owned subsidiary of Torrent Power. The transaction represents an internal corporate restructuring within the group.

Subsidiaries Involved

The sale involved three energy storage solution companies, each with identical consideration amounts:

All three subsidiaries showed negative net worth positions and had no revenue contribution during the last financial year. Their combined net worth deficit was ₹ 6,00,000, representing 0.00% of the company's consolidated net worth.

Company Financial Context

Torrent Power provided context for the transaction by disclosing its overall financial position during the last financial year:

Regulatory Compliance

The transaction has been structured as a related party transaction conducted on an arm's length basis. Since the shares were transferred to a wholly-owned subsidiary, no formal sale agreement was required. The company confirmed that the transaction does not fall under any scheme of arrangement and complies with all applicable regulatory requirements under SEBI Listing Regulations.