General Updates

September 9, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relation Dept. “Exchange Plaza” P. J. Towers, Dalal Street Bandra Kurla Complex, Bandra (East), Mumbai - Mumbai - 400 001 400 051 Scrip Code : 532859 Symbol : HGS Dear Sirs/ Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We have to inform that the Board of Directors of IndusInd Media & Communications Limited (‘IMCL’), a subsidiary of the Hinduja Global Solutions Limited (‘HGS’ or ‘the Company’), has approved the divest/ sell of it’s (i.e. IMCL) entire shareholding in the following two companies: i. Bhima Riddhi Infotainment Private Limited (‘Bhima Riddhi’); and ii. Vinsat Digital Private Limited (‘Vinsat’). Upon completion of the aforesaid sale/ divestments, Bhima Riddhi and Vinsat will cease to be the step-down subsidiaries of HGS. As required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular dated January 30, 2026, detailed disclosures/information in respect of Bhima Riddhi and Vinsat are set out in Annexure A and Annexure B, respectively. The disclosure is also being made available on the website of the Company at www.hgs.com We request you to kindly take the above on record. For Hinduja Global Solutions Limited Narendra Singh Company Secretary F4853 Date and time of occurrence of event: 08th September, 2026 at 03:56 PM HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square Software Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: investor.relations@hgs.com Website: www.hgs.com Corporate Identity Number: L92199MH1995PLC084610 Annexure A Sl. No. Particulars Response (Bhima Riddhi Infotainment Private Limited) a) The amount and percentage of the The Board of Directors of Indusind Media & turnover or revenue or income and net Communications Limited (‘IMCL'), a subsidiary of Hinduja worth contributed by such unit or Global Solutions Limited, (‘HGS’ or ’the Company’), have division or undertaking or subsidiary or approved to divest it’s (i.e. IMCL) entire 51% shareholding associate company of the listed entity in Bhima Riddhi Infotainment Private Limited (‘Bhima during the last financial year; Riddhi) in the meeting held on September 8, 2026. The details as per last audited financial statement for the financial year ended March 31, 2026 of Bhima Riddhi are as under: Particulars Amount in % of consolidated Rs. income / Net worth of HGS Turnover 99.80 Crores 2.31 Net Worth 19.26 Crores 0.23 b) Date on which the agreement for sale has September 8, 2026# been entered into; #The Board of Directors of IMCL approved to accept the Offer to sell it's (i.e. IMCL) 30.60% shares held in Bhima Riddhi to the Buyers; and remaining 20.40% shares to be tendered in the Buyback Offer of Bhima Riddhi. The Agreement will be executed on or before September 30, 2026. c) The expected date of completion of On or before September 30, 2026. sale/disposal; d) Consideration received from such Rs. 16 crore sale/disposal; To be received towards: (i) transfer of 3,12,240 equity shares (30.60%) to the Buyers : Rs. 6 crore; and (ii) acceptance of 2,08,160 equity shares (20.40%) in Buyback Offer : Rs. 4 crores Remaining Rs. 6 crores, will be received towards the sale of set top boxes. e) Brief details of buyers and whether any of Name of the buyers the buyers belong to the promoter/ i. Ms. Arundhati Dhananjay Mahadik, promoter group/group companies. If yes, ii. Mr. Nagesh Narayandas Chhabria details thereof; iii. Ms. Poonam Harish Gulabani All the above Buyers are existing shareholders of Bhima Riddhi and do not belong to the promoter/ promoter group/ group companies. Remaining 2,08,160 equity shares are proposed be tendered in Buyback Offer of Bhima Riddhi. HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square Software Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: investor.relations@hgs.com Website: www.hgs.com Corporate Identity Number: L92199MH1995PLC084610 f) Whether the transaction would fall No within related party transactions? If yes, whether the same is done at “arm’s length; g) Whether the sale, lease or disposal of the Nil/ Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square Software Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: investor.relations@hgs.com Website: www.hgs.com Corporate Identity Number: L92199MH1995PLC084610 Annexure B Sl. No. Particulars Response (Vinsat Digital Private Limited) a) The amount and percentage of the The Board of Directors of Indusind Media & turnover or revenue or income and net Communications Limited (‘IMCL'), a subsidiary of worth contributed by such unit or Hinduja Global Solutions Limited, (‘HGS’ or ’the division or undertaking or subsidiary or Company’), have approved to divest it’s (i.e. IMCL) entire associate company of the listed entity 51.15% shareholding in Vinsat Digital Private during the last financial year; Limited (‘Vinsat) in the meeting held on September 8, 2026. The details as per last audited financial statement for financial year ended March 31, 2026 of Vinsat are as under: Particulars Amount in % of consolidated Rs. income/Net worth of HGS Turnover 68.89 Crores 1.6 Net Worth 0.16 Crores 0.002 b) Date on which the agreement for sale has September 8, 2026# been entered into; #The Board of Directors of IMCL approved to accept the Offer to sell it's (i.e. IMCL) entire 51.15% shares held in Vinsat to the Buyer. The Agreement will be executed on or before December 31, 2026. c) The expected date of completion of On or before December 31, 2026. sale/disposal; d) Consideration received from such Rs. 7.17 crore sale/disposal; To be received in one or more tranche before the transfer of equity shares to the Buyer. e) Brief details of buyers and whether any of Mr. Gouri Sankar Korrapti, an existing shareholder of the buyers belong to the promoter/ Vinsat. promoter group/group companies. If yes, The buyer does not belong to the promoter/ promoter details thereof; group/ group companies. f) Whether the transaction would fall No within related party transactions? If yes, whether the same is done at “arm’s length; g) Whether the sale, lease or disposal of the Nil/ Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square Software Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: inv [Showing first 8,000 characters — download PDF for full document]