Tata Power Company Limited — Others, 11-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

The Supreme Court has issued a significant ruling concerning Regulatory Assets for Tata Power's joint venture, TPDDL. The Court clarified that these assets should only be created under exceptional circumstances, not as a routine practice. It directed that TPDDL's outstanding Regulatory Assets must be liquidated within a maximum period of four years, starting April 1, 2024. Tata Power anticipates the Delhi State Regulator will provide a trajectory and roadmap for this liquidation, with completion expected by March 2028. This ruling is crucial as it mandates a time-bound recovery of TPDDL's accumulated regulatory assets, positively impacting its operational finances and stakeholder value.