BSECompany Update1 Oct 2026 · 1 Oct 2026, 05:13 pm

Press Release regarding Letter of Acceptance and Award of Work received from India Tourism Development Corporation Limited dated September 30, 2026 is attached.

Prithvi Exchange (India) Ltd · 531688

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Prithvi Exchange (India) Ltd has received a Letter of Acceptance and Award of Work from India Tourism Development Corporation Limited for the collection/pick-up and purchase of Foreign Currency Notes (FCNs) from specified ITDC Units/Duty Free Shops.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Prithvi Exchange (India) Ltd - 531688 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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October 01, 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip code: 531688 Dear Sir/Ma’am, Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Subject: Press Release With reference to the SEBI Listing Regulations, we wish to inform you that the Company has received a Letter of Acceptance and Award of Work dated September 30, 2026 from India Tourism Development Corporation Limited (“ITDC”) a Miniratna - I CPSE, for the collection/pick-up and purchase of Foreign Currency Notes (FCNs) from specified ITDC Units/Duty Free Shops and remittance of the corresponding amount in Indian Rupees to the designated bank account of ITDC. In continuation of the aforesaid award, please find enclosed herewith a copy of the Press Release issued by the Company in relation to the same, for your information and reference. This is for your information and records. Thanking you. Yours faithfully, For Prithvi Exchange (India) Limited Harsh Shantilal Company Secretary & Compliance Officer ACS: 75415 Foreign Currencies I Forex Cards I Remittances Abroad Gee Gee Universal, 2nd Floor, Door No. 2, Mc. Nichols Road, Chetpet, Chennai - 600 031, Tamil Nadu. E-Mail : info@prithvifx.com I www.prithvifx.com I Tel : 044 - 43434250 I CIN : L30006TN1995PLC031931 BSE: 533168| SECTOR: Financial services (Foreign exchange) Press Release | Prithvi Exchange (India) Limited Receives Letter of Acceptance and Award of Work from India Tourism Development Corporation Limited for Collection and Purchase of Foreign Currency Notes Chennai, October 01, 2026: Prithvi Exchange (India) Limited, a listed foreign exchange services company, has received a Letter of Acceptance and Award of Work dated September 30, 2026 from India Tourism Development Corporation Limited (“ITDC”), a Miniratna - I CPSE & a Government of India undertaking, for the collection/pick-up and purchase of Foreign Currency Notes (FCNs) from specified ITDC Units/Duty Free Shops and remittance of the corresponding Indian Rupee amount to ITDC. Strengthening Presence in the Foreign Exchange Services Segment The award follows the Company's participation in Tender floated by ITDC for services relating to the pickup and collection of foreign currency. The Company's offer was found to be technically qualified and was ranked L1 in the financial evaluation, for the two-year tenure. As part of the engagement, Prithvi Exchange will provide foreign currency collection and purchase services at specified ITDC Duty Free Shops/Units across various ports in India. The award further expands Prithvi Exchange's engagement in the institutional and travel-related foreign exchange ecosystem and provides an opportunity to service foreign currency requirements across a network of major ports and ITDC Duty Free Shops. Under the terms of the award, the contract will be effective from October 1, 2026 to September 30, 2028, with a provision for extension by a further period of one year, subject to satisfactory performance, mutual consent and the applicable terms and conditions. Mr. Pavan Kumar Kavad, Managing Director said: We are pleased to receive the Letter of Acceptance and Award of Work from India Tourism Development Corporation Limited. This engagement reflects our continued focus on strengthening our institutional relationships and expanding our foreign exchange service capabilities across key travel and tourism locations in India. We look forward to delivering efficient, compliant and reliable foreign currency collection and purchase services to ITDC. About Prithvi Exchange (India) Limited Prithvi Exchange (India) Ltd is a Reserve Bank of India (RBI) licensed, Authorized Dealer Category II. Over the last 31 years, Prithvi Exchange has emerged as a vibrant and trusted brand and that is widely recognized in the field of Foreign Exchange. Prithvi Exchange’s geographic footprint is strategically placed in 25 key cities with 38 branches across India. Plans are afloat to expand its network to other cities and foreign countries as well shortly. With an experienced team of industry stalwarts and backed by cutting edge technological platform, we take pride in extending superior experience to Leisure and Business Travelers, Students and others travelling overseas for their foreign exchange requirements. Foreign Currencies I Forex Cards I Remittances Abroad Gee Gee Universal, 2nd Floor, Door No. 2, Mc. Nichols Road, Chetpet, Chennai - 600 031, Tamil Nadu. E-Mail : info@prithvifx.com I www.prithvifx.com I Tel : 044 - 43434250 I CIN : L30006TN1995PLC031931