General Updates

October 16, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort, Mumbai – 400 001 Bandra Kurla Complex Scrip Code - 544754 Bandra (East), Mumbai – 400 051 Symbol - KISSHT Subject: Clarification in relation to proposed preferential issue on a private placement basis by OnEMI Technology Solutions Limited (‘the Company’) Dear Sir/Ma’am, In connection with the captioned preferential issue, please find below additional information of a clarificatory nature, annexed as Annexure 1. You are requested to take the above information on record. Thanking you, For OnEMI Technology Solutions Limited (formerly known as OnEMI Technology Solutions Private Limited) Shraddha Rajkumar Patangia Company Secretary and Compliance Officer Membership No.: A55210 Encl: as above ANNEXURE 1 ADDITIONAL INFORMATION IN RELATION TO THE PROPOSED PREFERENTIAL ISSUE BY ONEMI TECHNOLOGY SOLUTIONS LIMITED (“COMPANY”) The board of directors of the Company had on September 17, 2026 approved the preferential issue of up to 2,64,93,882 (Two Crores Sixty-Four Lakhs Ninety-Three Thousand Eight Hundred and Eighty-Two) fully paid-up equity shares of the Company (“Preferential Issue”). Thereafter, the shareholders have at the First Extra-Ordinary General Meeting of financial year 2026-27 held on October 14, 2026 (“EGM”) approved the said Preferential Issue by requisite majority. Simultaneously, the Company had, as per the requirements of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR”), made an application to the Stock Exchanges seeking in principle approval for the said Preferential Issue. Now, the Company has received further correspondence from the Stock Exchanges pursuant to the application for the in-principal approval, directing the Company to provide the following additional/ clarificatory information in relation to the Explanatory Statement to the notice of the EGM (“EGM Notice”): 1. As stated in paragraph V of the in the explanatory statement for Item no. 1 of the EGM Notice, the price per Share for the Preferential Issue has been arrived at in accordance with the pricing guidelines prescribed under Regulation 164 (2) of the SEBI ICDR Regulations. 2. In this regard, the Company wishes to clarify that in accordance of the Articles of Association of the Company (“AoA”), the Company had obtained a valuation report dated September 16, 2026 from CA Kavita Joshi, Registered Valuer – SFA, together with an addendum dated October 01, 2026 (together, the “Valuation Report”) for the Preferential Issue. 3. However, as mentioned in Paragraph V of the explanatory statement for Item no. 1 of the EGM Notice, the price as per the method prescribed in the AoA of the Company (i.e. the per share price under the Valuation Report) does not result in a floor price hiaigher than the floor price determined under Regulation 164(2) of the SEBI ICDR which is also the Issue Price stated in the EGM Notice, i.e. NR 314.11/- (Indian Rupees Three Hundred and Fourteen and Eleven Paise Only) per Equity Share. A copy of the Valuation Report has been made available on the Company’s website at www.kissht.com. For OnEMI Technology Solutions Limited (formerly known as OnEMI Technology Solutions Private Limited) Shraddha Rajkumar Patangia Company Secretary and Compliance Officer Membership No.: A55210