GVT&D

- Mr. Fabrice Aumont (DIN: 10465933) has resigned as Non-Executive Non-Independent Director of GE Vernova T&D India Limited, effective August 26, 2026. - The reason for resignation is his relocation to the United States of America, making it unfeasible to continue serving on the board due to time differences.

- Q1 FY27 revenue grew 38% year-on-year (YoY). - Profit before tax for Q1 FY27 grew by over 1.25x YoY. - EBITDA of 25.1% was in line with the mid-20s band guidance, despite gross margins moderating due to lower export share, elevated commodity prices, and ramp-up of lower-margin HV business. - Order intake moderated in Q1 FY27, but the TBCB pipeline is improving, and management expects better order numbers from June onwards. - Order backlog stands at INR209.3 billion, representing over 3 years of FY26 revenue, with management confident in profitable conversion. - Maintains full-year FY27 EBITDA guidance in the mid-20s band. - Generated INR4.3 billion cash in the quarter, with INR29.3 billion total available cash; plans include INR10 billion for capex and INR2.5 billion for dividends. - The company maintains a zero-debt position. - HVDC pipeline remains strong, although slightly delayed, with significant growth expected from FY29. - Export diversification now accounts for 46% of Q1 orders.

- GE Vernova T&D India Limited submitted its Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26. - The report is filed as per Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - It also forms part of the Annual Report for FY 2025-26 and is available on the company website.

- Final dividend of ₹10.00 per equity share (500% on face value of ₹2/-) for FY 2025-26 recommended. To be approved at the 70th AGM on September 9, 2026. - Record Date for dividend is Friday, August 21, 2026. - Communication sent to shareholders regarding Tax Deduction at Source (TDS) on dividend. - Shareholders need to submit necessary documents for TDS by Monday, August 24, 2026.

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- Consolidated Revenue ₹1,836.1 Cr vs ₹1,330.1 Cr (▲38% YoY) - EBITDA ₹460.8 Cr vs ₹387.6 Cr (▲19% YoY) - Profit Before Tax (PBT) ₹487.1 Cr vs ₹390.0 Cr (▲25% YoY) - EBITDA Margin 25.1% vs 29.1% (▼400bps)

- Consolidated Revenue ₹1840 Cr vs ₹1330 Cr (▲38% YoY) - EBITDA ₹460 Cr vs ₹390 Cr (▲19% YoY) - PAT ₹360 Cr vs ₹290 Cr (▲25% YoY) - EBITDA Margin 25.1% vs 29.1% (▼400bps) - Order bookings ₹1140 Cr vs ₹1620 Cr (▼30% YoY)

- Standalone Operating Revenue ₹1,836.14Cr vs ₹1,330.13Cr (▲38.04% YoY) - EBITDA ₹460.79Cr vs ₹387.60Cr (▲18.88% YoY) - PAT ₹362.99Cr vs ₹291.20Cr (▲24.65% YoY) - EBITDA Margin 25.09% vs 29.14% (▼405bps)

- Concall Schedule - Concall Date: Friday, August 7, 2026 - Concall Time: 4:00 P.M. (IST)

- ICRA Limited upgraded/reaffirmed GE Vernova T&D India Limited's credit ratings on July 27, 2026. - Long-term ratings for Fund-based, Non-Fund Based, and Unallocated facilities were upgraded from [ICRA]AA- (Positive) to [ICRA]AA (Stable). - Short-term ratings were reaffirmed at [ICRA]A1+.

- Ms. Neera Saggi completed her second and final term as an Independent Director of GE Vernova T&D India Limited. - She ceased to be an Independent Director with effect from July 26, 2026.

- The trading window for dealing in securities will remain closed from July 1, 2026. - It will reopen 48 hours after the declaration of un-audited financial results for the quarter ending June 30, 2026. - The Board meeting date for considering these results will be announced subsequently.

Management guided for mid-20s EBITDA margins going forward with an endeavor for further improvement, supported by a planned capital investment exceeding INR10 billion through 2028 to expand manufacturing capacity, including INR550 million for new disconnectors and drives. The company anticipates continued revenue growth, particularly with long-cycle HVDC projects converting from FY28-29. Management expressed a bullish outlook on exports and sees the current strong demand upcycle as long-term and globally sustainable, driven by India's energy transition, increasing renewable capacity, and the significant HVDC pipeline.

GE Vernova T&D India Limited announced that its management will participate in the Nomura Investment Forum Asia 2026 on June 2 & 3, 2026. They will hold physical one-on-one and group meetings with analysts/institutional investors in Singapore. The company stated that no unpublished price sensitive information will be shared during these meetings.

GE Vernova T&D India Limited announced the availability of the audio recording for its earnings conference call, which was held on May 19, 2026. The recording has been made available on the company's website, in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

GE Vernova T&D India Limited announced on May 19, 2026, the results of its Postal Ballot conducted from April 17, 2026, to May 16, 2026. The Ordinary Resolution for the approval of Material Related Party Transaction(s) with GE Grid Solutions LLC was passed by the shareholders with the requisite majority. The voting results showed an overwhelming 99.998% of votes cast in favor of the resolution, as confirmed by the Scrutinizer's Report.

Revenue ₹1,640 Cr vs ₹1,150 Cr (▲42% YoY), EBITDA ₹440 Cr vs ₹250 Cr (▲77% YoY), PAT ₹350 Cr vs ₹190 Cr (▲89% YoY). EBITDA Margin 27.2% vs 21.9% (▲530 bps).

GE Vernova T&D India Limited announced an investment of INR 550 Million to establish new capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers at a new facility in Vallam, Tamilnadu. This strategic investment will introduce new products for both Indian and international markets, with first production expected by December 2026. The expansion, funded through internal accruals, aims to meet the growing demand for power transmission equipment.

The Board of Directors of GE Vernova T&D India Limited, at its meeting on May 18, 2026, approved the re-appointment of M/s. Deloitte Haskins & Sells as Statutory Auditors for five years and M/s. Ramanath Iyer & Co. as Cost Auditors for FY2026-27. Mr. Sushil Kumar was re-appointed as Whole Time Director and CFO for a further five years from January 1, 2027. Mr. Marco Simiano was appointed as an Additional Director (Non-Executive Non-Independent) effective July 1, 2026, subject to shareholder approval.

The Board of Directors of GE Vernova T&D India Limited met on May 18, 2026. Key decisions included the re-appointment of Deloitte Haskins & Sells as Statutory Auditors for five years and M/s. Ramanath Iyer & Co. as Cost Auditors for FY 2026-27. Mr. Sushil Kumar was re-appointed as Whole Time Director and CFO for five years, and Mr. Marco Simiano was appointed as an Additional Director (Non-Executive Non-Independent) with effect from July 1, 2026. All appointments are subject to shareholder approval.

GE Vernova T&D India Limited reported strong annual results for the year ended March 31, 2026. Consolidated Revenue stood at ₹6,206.31 Cr vs ₹4,292.30 Cr (▲44.6% YoY), EBITDA at ₹1,620.06 Cr vs ₹818.70 Cr (▲97.9% YoY), and PAT at ₹1,233.25 Cr vs ₹608.33 Cr (▲102.7% YoY). EBITDA Margin expanded significantly to 26.1% vs 19.1% (▲700bps). The Board also recommended a final dividend of ₹10 per equity share (500% on face value of ₹2).

For the quarter ended March 31, 2026, Revenue from operations was ₹1,637.08 Cr vs ₹1,152.54 Cr (▲42.0% YoY), EBITDA was ₹450.67 Cr vs ₹252.14 Cr (▲78.7% YoY), and PAT was ₹351.77 Cr vs ₹186.49 Cr (▲88.6% YoY). EBITDA Margin expanded to 27.5% vs 21.9% (▲565bps). The Board also recommended a final dividend of ₹10 per equity share (500%) for the financial year ended March 31, 2026.

GE Vernova T&D India Limited reported strong financial results for the year ended March 31, 2026. Consolidated Revenue ₹62,063.1Mn vs ₹42,923.0Mn (▲44.6% YoY), EBITDA ₹16,200.6Mn vs ₹8,187.0Mn (▲97.9% YoY), PAT ₹12,332.5Mn vs ₹6,083.3Mn (▲102.7% YoY). EBITDA Margin 26.1% vs 19.1% (▲703bps). The Board also recommended a final dividend of ₹10 per equity share for FY26.