Tata Power Company Limited — Others, 02-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Tata Power has announced a board meeting and disclosed an arbitration award in a dispute with Kleros Capital Partners. The arbitral tribunal partially upheld Kleros’ claim, awarding damages of USD 490.32 million plus 5.33% simple interest from November 2020, and costs of USD 8.29 million with interest from July 2025. Tata Power is reviewing the award and considering options including challenging it. This development could have a significant financial impact, and shareholders should watch for further updates.