Consolidated Scrutinizer's Report on Remote E-Voting

For the 106th Annual General Meeting of The Tata Power Company Limited

Introduction

This report details the consolidated results of the remote e-voting conducted for The Tata Power Company Limited's 106th Annual General Meeting (AGM), held on Friday, July 4, 2025, at 2:30 p.m. IST, via video conferencing or other audio visual means. Parikh & Associates was appointed as the Scrutinizer by the Board of Directors to conduct this process.

The e-voting facility was provided by National Securities Depository Limited (NSDL). The remote e-voting period commenced on Monday, June 30, 2025, at 9:00 a.m. IST and concluded on Thursday, July 3, 2025, at 5:00 p.m. IST. Shareholders who held shares as of Friday, June 27, 2025, were eligible to vote.

The Scrutinizer has reviewed and scrutinized the remote e-voting data downloaded from the NSDL system. The Management of the Company is responsible for ensuring compliance with the relevant Acts and rules concerning remote e-voting.

Voting Results by Resolution

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

To receive, consider, and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2025, along with the Reports of the Board of Directors and Auditors.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,630	2,24,84,55,368	99.9557%
Voted against	52	9,96,765	0.0443%
Invalid votes	NIL	NIL

Resolution 2: Ordinary Resolution - Adoption of Consolidated Financial Statements

To receive, consider, and adopt the Audited Consolidated Financial Statements for the financial year ended March 31, 2025, along with the Report of the Auditors.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,601	2,24,84,49,128	99.9557%
Voted against	54	9,96,627	0.0443%
Invalid votes	NIL	NIL

Resolution 3: Ordinary Resolution - Dividend Declaration

To declare a dividend on Equity Shares for the financial year ended March 31, 2025.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,617	2,24,96,07,457	99.9991%
Voted against	51	20,120	0.0009%
Invalid votes	NIL	NIL

Resolution 4: Ordinary Resolution - Appointment of Director

To appoint Mr. Saurabh Agrawal (DIN: 02144558) as a Director, who retires by rotation and offers himself for re-appointment.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,414	2,22,18,29,793	98.7649%
Voted against	226	2,77,84,174	1.2351%
Invalid votes	NIL	NIL

Resolution 5: Special Resolution - Appointment of Independent Director

Appointment of Mr. Pramod Agrawal (DIN: 00279727) as a Director and as an Independent Director.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,496	2,24,85,56,084	99.9531%
Voted against	144	10,56,142	0.0469%
Invalid votes	NIL	NIL

Resolution 6: Ordinary Resolution - Appointment of Secretarial Auditor

Appointment of Secretarial Auditor.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,570	2,24,95,67,480	99.9992%
Voted against	72	19,066	0.0008%
Invalid votes	NIL	NIL

Resolution 7: Ordinary Resolution - Ratification of Cost Auditor's Remuneration

Ratification of Cost Auditor's Remuneration for the financial year ended March 31, 2025.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,508	2,24,95,61,127	99.9982%
Voted against	130	39,453	0.0018%
Invalid votes	NIL	NIL

Resolution 8: Special Resolution - Borrowing Limits

To approve the borrowing limits of the Company.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,487	2,24,95,55,109	99.9979%
Voted against	153	46,369	0.0021%
Invalid votes	NIL	NIL

Resolution 9: Special Resolution - Creation of Charges on Assets

To approve the creation of charges on assets of the Company.

Voting Outcome	Number of Members Voted	Number of Valid Votes Cast	% of Total Valid Votes Cast
Voted in favour	4,463	2,24,95,42,463	99.9974%
Voted against	170	58,646	0.0026%
Invalid votes	NIL	NIL

Conclusion

The report is submitted by P.N. Parikh of Parikh & Associates, Practising Company Secretaries, on July 4, 2025.

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