Approval for Investment in Wholly Owned Subsidiary

Date: 24-09-2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 533056 ISIN: INE359B01010 Subject: Outcome of Board Meeting – Approval for Investment in Wholly Owned Subsidiary Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Vedavaag Systems Limited at its meeting held on September 24, 2026 has, inter alia, considered and approved the proposal for making investment in the equity share capital of Vedavaag Financial Insurance Broking Services Private Limited, a wholly owned subsidiary of the Company, subject to applicable statutory and regulatory approvals and compliances. The size of investment in the Equity Share capital of the Wholly Owned Subsidiary and other relevant details will be disclosed to the Stock Exchange(s) and shareholders, as applicable, upon receipt of the requisite regulatory approvals and further developments in the matter. The proposed investment is intended to provide the necessary capital support to the Wholly Owned Subsidiary for carrying on and expanding its insurance broking business and meeting its regulatory and operational capital requirements. Kindly note that the Board Meeting commenced at 03:00 P.M. and ended at 03:45 P.M Thanking You, Regards, For Vedavaag Systems Limited J Murali Krishna Managing Director DIN: 00016054 CIN: L72200TG1998PLC029240. 1-89/G/113 NR, 3rd Floor Park View, Gafoor Nagar, Madhapur, Shaikpet, Hyderabad, Telangana, India, 500081 Contact: + 91 70324 95959. www.vedavaag.com