Oriana Power Limited announced that the Ministry of Corporate Affairs has approved incorporation of wholly owned subsidiary of the Company in the name of Truere Current Private Limited on April 15, 2024 and Truere Surya Private Limited on April 18, 2024. The Ministry of Corporate Affairs, has issued a Certificate of Incorporation for the same. Industry to which the entity being acquired belongs; Generation of any kind of power or electric energy Objects and impact of acquisition (Including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); To generate power, EPC of power projects.

To execute operation and maintenance of power project. To provide consultancy in the field of manufacturing, operation and maintenance of Power projects. To perform all other activities like distribution etc.

of Power. To carry on the business of general electric power supply company in all the branches, and to construct, lay down, establish, fix and carry out all necessary power stations, cables, wires, lines, accumulators, lamps and works and to generate accumulate, distribute and supply electricity to both public and private entities. To produce, process, purchase, exchange, modify, enhance, import, export, or deal in any other way with various power devices, solar energy products, gadgets, and parts for commercial and residential use as well as specialized equipment needed for the military, railroads, telecommunications, civil aviation, and banks.

Truere Current Private Limited- Authorized Capital: INR 100,000; Name: Truere Surya Private Limited- Authorized Capital: INR 100,000. Brief background about the entity acquired: To generate power, EPC of power projects. To execute operation and maintenance of power project.

To provide consultancy in the field of manufacturing, operation and maintenance of Power projects. To perform all other activities like distribution etc. of Power.

To carry on the business of general electric power supply company in all the branches, and to construct, lay down, establish, fix and carry out all necessary power stations, cables, wires, lines, accumulators, lamps and works and to generate accumulate, distribute and supply electricity to both public and private entities. To produce, process, purchase, exchange, modify, enhance, import, export, or deal in any other way with various power devices, solar energy products, gadgets, and parts for commercial and residential use as well as specialized equipment needed for the military, railroads, telecommunications, civil aviation, and banks.