Outcome of Board Meeting

SeshaasaiJ July 23, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai - 400051 Scrip Code: 544533 NSE Symbol: STYL Sub: Unaudited Financial Results for the quarter ended June 30, 2026 Dear Sirs, We take reference to our letter dated July 20, 2026 on the above subject and wish to inform that at the Board Meeting held today, the Directors have considered the Unaudited Financial Results of the Company (Standalone and Consolidated) for the quarter ended June 30, 2026 and approved the same. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the said Financial Results, including a Press Release on the Consolidated Financial Results are sent herewith, for your information and records. The Statutory Auditors have conducted ‘Limited Review’ of the said Financial Results and their reports are enclosed. The above information will also be made available on the website of the Company at https://seshaasai.com/media-news/investor/. The Board Meeting commenced at 05:45 p.m. and concluded at 07.00 p.m. Thanking you, Yours faithfully, For Seshaasai Technologies Limited (formerly known as Seshaasai Business Forms Limited) Manali Siddharth Shah Company Secretary and Compliance Officer Encl: as above Seshaasai Technologies Limited (Formerly known as Seshaasai Business Forms Limited) Registered Office: 9, Lalwani Industrial Estate, 14, Katrak Road Wadala, Mumbai – 400031 Tel,: +91 22 66270919/99 Email: info@seshaasai.com I Website: www.seshaasai.com I CIN No.: L21017MH1993PLC074023 SeshaasaiY Seshaasai Technologies Reports Strong Q1FY27 with 21.1% YoY Revenue Growth and PAT at ₹603.4 million up by 63.8% YoY Mumbai, India – 23rd July 2026: Seshaasai Technologies Limited (BSE: 544533) (NSE: STYL), a technology - driven solutions company empowering Payments, Communication, and IoT, announced today its financial results for the First Quarter of FY27, ended on 30th June 2026. KEY HIGHLIGHTS – Q1FY27 (CONSOLIDATED) • Revenue from operation was at ₹3,764.7 million, a growth of 21.1% on a YoY basis. • Continued to maintain momentum in its focused verticals: o Payment Solutions contributed 42% of the revenues. o Communication & Fulfilment Solutions contributed 40% of the revenues. o IOT Solutions contributed 18% of the revenues. • EBITDA stood at ₹944.1 million, a growth of 28.0% on a YoY basis with an EBITDA margin of 25.1%, up 135bps on a YoY basis. The growth was primarily driven by disciplined execution and operating efficiencies. • Profit After Tax (PAT) stood at ₹603.4 million, a growth of 63.8% on a YoY basis with a PAT margin of 16.0%. • Top 10 customers contributed 56% of the revenues. COMMENTING ON THE RESULTS Pragnyat Lalwani, Managing Director, Seshaasai Technologies, said: “We are pleased to report a strong start to FY27, driven by healthy demand across our key business verticals and continued execution of our strategic priorities. All the three segments delivered encouraging performance, supported by deeper customer engagement and growing adoption of our technology-led solutions. During the quarter, ongoing geopolitical tensions resulted in higher fuel prices and increased INR inflation, leading to elevated input costs and pressure on gross margins. Despite these headwinds, our focus on operational efficiency and cost discipline enabled us to deliver EBITDA growth and maintain healthy margins. Page 1 of 3 SeshaasaiY The opportunities across metal cards, integrated communication & fulfilment and IOT solutions remain compelling. We are focused on deepening customer engagement, scaling our high- growth offerings and continuing our innovations across businesses. As we look ahead, we remain focused on sustaining growth momentum, strengthening our technology capabilities, and creating long-term value for all stakeholders.” Pavan Kumar, Chief Financial Officer, Seshaasai Technologies, said: “Q1FY27 was a strong quarter, driven by healthy revenue growth and improved profitability. Revenue from operations increased by 21.1% on YoY basis to ₹3,764.7 million, supported by sustained demand momentum across our businesses. While higher raw material costs weighed on gross margins during the quarter, disciplined cost management and operating leverage helped offset much of the impact, resulting in EBITDA growth of 28.0% to ₹944.1 million and a 135bps expansion in EBITDA margin to 25.1%. Lower finance costs following debt reduction further strengthened profitability, leading to a 48.8% increase in Profit Before Tax. As a result, Profit After Tax rose 63.8% YoY to ₹603.4 million. Looking ahead, we will continue to maintain financial discipline, enhance supply-chain agility, strengthen cash flows and allocate capital efficiently to support the Company’s long-term growth priorities.” ABOUT SESHAASAI TECHNOLOGIES LIMITED Seshaasai Technologies Limited (BSE: 544533) (NSE: STYL), is a technology-led, multi-location solutions provider with a strong focus on the banking, financial services, and insurance (BFSI) sector. The Company specializes in secure payment solutions, omnichannel communication, and fulfilment services, offering innovative, scalable technologies tailored to the evolving needs of its clients. With proprietary platforms at the core of its offerings, Seshaasai delivers recurring, enterprise-grade solutions that power critical operations across the BFSI ecosystem in India. In addition to its BFSI-centric services, the Company also provides IoT-enabled solutions for a diverse clientele spanning industries such as retail, renewables, logistics, and manufacturing. The Company’s facilities are accredited by global and national standards, including NPCI, PCI, Global Payment schemes and IBA, for the secure manufacturing of payment cards, Page 2 of 3 SeshaasaiY cheques, and data handling— ensuring full compliance with international IT, cyber and physical security protocols. For more information, please visit www.seshaasai.com For Further Information, Please Contact Asha Gupta asha.gupta@in.ey.com Pratik Jagtap pratik.jagtap@in.ey.com Manali Shah companysecretary@seshaasai.com Disclaimer Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results may differ from such expectations, projections etc., whether express or implied. These forward-looking statements are based on various assumptions, expectations and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, competitive intensity, pricing environment in the market, economic conditions affecting demand and supply, change in input costs, ability to maintain and manage key customer relationships and supply chain sources, new or changed priorities of trade, significant changes in political stability in India and globally, government regulations and taxation, climatic conditions, natural calamity, commodity price fluctuations, currency rate fluctuations, litigation among others over which the Company does not have any direct control. These factors may affect our ability to successfully implement our business strategy. The Company cannot, therefore, guarantee that the ‘forward-looking’ statements made herein shall be realized. The Company, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. Page 3 of 3 Va tsaraj & Co. CHARTERED ACCOUNT ANTS Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2 [Showing first 8,000 characters — download PDF for full document]