Revised intimation for approval of Business Transfer Agreement.

CIN: L62010MH1991PLC467067 29th September, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001. Kind attention: Listing Department Scrip Code: 530601 , Scrip ID: JAGSONSER Sub: Corrigendum to the outcome of meeting of the Board of Directors and disclosures pursuant to Regulations 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, With reference to the outcome of the Board meeting of Jagsonpal Services Limited held today i.e. on Tuesday, 29th September, 2026, whereat it was considered and approved the acquisition of software platform, assets, brands, IP, human resources and related resources from Elanistech Private Limited, a related party and approved a Business Transfer Agreement for same, please find enclosed herewith the revised details of the transaction required to be disclosed under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. Kindly take the same on your records. For Jagsonpal Services Limited (Formerly known as Jagsonpal Finance and Leasing Limited) Karthik Srinivasan Chairman, Managing Director and Chief Financial Officer DIN: 09805485 Encl.: a/a Jagsonpal Services Limited (Formerly known as Jagsonpal Finance & Leasing Limited) Registered Office: 2, B Wing, 4th Floor, Connekt, Silver Utopia, Chakala, Andheri East, Airport, Mumbai- 400099, Maharashtra, India. info@jagsonpal.co.in | 022 0224099 6484 | www.jagsonpal.co.in CIN: L62010MH1991PLC467067 The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the Chapter V-A and Annexure 18, Part A, Clause 1.1 of the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026: Sr. Particulars Details a) Name of the target entity Elanistech Private Limited Size Rs.114.86 Crores (Valuation) Turnover Rs.2.58 Crores (as on 31st March, 2026) b) Whether the acquisition would fall Yes within related party transaction(s)? Whether the promoter/promoter Yes, Promoter group/group companies have any interest in the entity being acquired? If yes, nature of interest and details Mr. Karthik Srinivasan, Chairman, thereof Managing Director & Chief Financial Officer and the Promoter of the Company is also a Director and a shareholder in Elanistech Private Limited. Whether the same is done at “Arm’s Yes length” c) Industry to which the entity being Elanistech Private Limited is in the business acquired belongs of developing software related to or in connection with financial services, electronic payment and other services. d) Objects and impact of acquisition Transaction is commercially beneficial to (including but not limited to, disclosure the Company and will help with the primary of reasons for acquisition of target entity, business activity of the Company, to if its business is outside the main line of kickstart the revenue generation and the business of the listed entity); acquisition is aligned with the Company’s strategic objective. e) Brief details of any governmental or NA regulatory approvals required for the acquisition f) Indicative time period for completion of The transaction is tentatively expected to be the acquisition completed within 3 months, or such extended period as may be mutually agreed upon by the parties. g) Consideration - Whether cash Cash consideration in one or more tranches consideration or share swap or any other form and details of the same? h) Cost of acquisition and/or the price at A total purchase consideration of which the shares are acquired Rs.10,00,00,000/- (Rupees Ten Crores Only) i) Percentage of shareholding / control NA acquired and / or number of shares acquired Jagsonpal Services Limited (Formerly known as Jagsonpal Finance & Leasing Limited) Registered Office: 2, B Wing, 4th Floor, Connekt, Silver Utopia, Chakala, Andheri East, Airport, Mumbai- 400099, Maharashtra, India. info@jagsonpal.co.in | 022 0224099 6484 | www.jagsonpal.co.in CIN: L62010MH1991PLC467067 j) Brief background about the entity Elanistech Private Limited is a private acquired in terms of products/line of limited Company incorporated in the state business acquired, of Karnataka under the provisions of the Companies Act, 2013. Elanistech Private Limited is in the business of developing software related to or in connection with financial services, electronic payment and other services. Date of incorporation 21st August, 2019 History of last 3 years turnover 31st March, 2026: Rs.2.58 Crores, 31st March, 2025: Rs.0.01 Crores 31st March, 2024: Nil Country in which the acquired entity has India presence Any other significant information (in NA brief) Jagsonpal Services Limited (Formerly known as Jagsonpal Finance & Leasing Limited) Registered Office: 2, B Wing, 4th Floor, Connekt, Silver Utopia, Chakala, Andheri East, Airport, Mumbai- 400099, Maharashtra, India. info@jagsonpal.co.in | 022 0224099 6484 | www.jagsonpal.co.in