Intimation of Execution of Non-Binding Agreement for the acquisition of a majority stake in Verso Altima Group D.O.O. Croatia

Date: 16TH Oct, 2026 To, To, BSE Limited The National Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai: 400051 Tel: 022-22721233/34 Tel: 022-26598235/36/452 Fax: 022-22722131/2037/2061/41 Fax: 022-26598237/38 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Scrip Code: 532172 Scrip Code: ADROITINFO Sub: Press Release Dear Sir/Madam, Pursuant to Regulation 30 and other applicable regulations, read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform the Exchanges that Adroit Infotech Limited (the" Company") has entered into a non-binding agreement to acquire a majority equity stake in VERSO ALTIMA GROUP D.O.O., a prominent business integrator and digital solutions provider headquartered in Zagreb, Croatia. Financial Scale: Verso Altima Group d.o.o. has a current standalone revenue of approximately 13 million Euros. Upon successful completion of the transaction, the consolidated revenue of the Company (Adroit Infotech Limited) is projected to reach an estimated $23-25 Million USD (approximately Rs. 225-250 Crores). • Source of Funding: The transaction is structured without third-party debt and will be financed entirely through a combination of internal accruals, Preferential Issue and Rights Issue proceeds. • Strategic & Operational Synergies: Both entities operate in highly complementary IT services portfolios. The acquisition establishes an undisputed global practice in SAP Billing and Revenue Innovation Management (BRIM)and advanced telecom engineering. • Hybrid Delivery & Profitability: By unifying Verso Altima Group's European on-site front-end with the deep technical core and proprietary products of the Company's subsidiary, Verso Altima India Limited, the transaction creates an optimized on-site/offshore model positioned to maximize resource utilization and drive up overall corporate profitability. The transaction remains subject to the execution of definitive Share Purchase Agreements (SPA), satisfactory completion of comprehensive legal and financial due diligence, necessary board authorizations, and customary regulatory approvals in India and Croatia. detailed copy of the Press Release being issued by the Company in this regard is enclosed herewith as Annexure-A, and the SEBI structural disclosure table is enclosed as Annexure-B. We request you to kindly take the above information on your records and disseminate the same on your respective websites. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015, dated September 09, 2015, are enclosed as Annexure 1. We request you to take the above information on record. for Adroit Infotech Limited Piyush Prajapati Company Secretary & Compliance Officer ANNEXURE-A FOR IMMEDIATE RELEASE Adroit Infotech Limited Announces Non-Binding Agreement to Acquire Majority Stake in Verso Altima Group d.o.o. Croatia.  Strategic alignment of similar IT services portfolios unlocks massive global operational synergies.  Acquisition creates a global powerhouse in SAP BRIM (Quote-to-Cash) and high-performance telecom infrastructure.  Dual-engine funding is structured exclusively via internal accruals and proceeds from preferential Equity and a Rights Issue.  Unified hybrid delivery framework integrates European front-end with Verso Altima India Limited to maximize profitability. HYDERABAD, INDIA — Adroit Infotech Limited today announced it has entered into a non-binding agreement to acquire a majority equity stake in Verso Altima Group d.o.o., a highly regarded business integrator headquartered in Zagreb, Croatia. The transaction instantly onboards Verso Altima's standalone revenues of approximately 13 Million Euros. Following finalization, the combined revenue is projected to surge to an estimated $23-25 Million USD (approximately Rs. 200-250 Crores), driven by a combined employee strength of 400+ employees. Funding Mechanism: Adroit Infotech plans to complete the transaction without relying on third-party debt. The acquisition will be financed through a prudent mix of Internal Accruals, preferential equity issue and Rights Issue Proceeds. European Market Expansion and Global Delivery Capabilities The acquisition serves as a strategic anchor for Adroit Infotech's expansion into Continental Europe. By merging Verso Altima’s robust European footprint with Adroit’s existing infrastructure, the combined entity establishes a highly scalable global delivery model. This framework connects localized, high-touch European front-end consulting seamlessly with cost-effective, deep technical offshore and nearshore delivery centers, fully supported by our expanded global talent pool of over 400 professionals. Strengthening SAP Strategic Partnerships and Systems Integration Opportunities This integration substantially amplifies the company's capabilities as an elite SAP partner, opening up high- value avenues across multiple core domains: • SAP Licensing and Software Sales: Expanding SAP licensing and subscription-related opportunities through relevant partner engagement models. • Systems Integration (SI): Pursuing larger and more complex SAP-led digital transformation and systems integration engagements. • Implementation and Consulting: Delivering SAP advisory, implementation, migration, modernization, and business process transformation services. • Application Management and Managed Services: Expanding application support, maintenance, optimization, and long-term managed services engagements. • Innovation and Emerging Technologies: Accelerating the adoption of SAP Business Technology Platform (BTP), Business Data Cloud, analytics, automation, and AI-enabled business solutions. Deepened Technical Core & SAP BRIM Powerhouse The combined entity will possess elite technical capabilities geared toward managing high-volume monetization and digital network architectures. This includes specialized global practices in SAP Billing and Revenue Innovation Management (BRIM) spanning subscription billing, flexible pricing orchestration, partner revenue settlements, and order-to-cash lifecycle automation. Additionally, Verso Altima Group brings a legacy of high-performance telecom integrations, incorporating advanced mediation and application server frameworks. Industry-Focused Solutions, Accelerators and Product Innovation The transaction unifies proprietary product frameworks and industry-specific accelerators to fast-track digital transformation. This leverages the expanded delivery capabilities of Adroit's existing subsidiary, Verso Altima India Limited (VAI). Based in Navi Mumbai, VAI is a CMMI Level 3, certified SAP PartnerEdge – Sell partner with an agile workforce of 250+ SAP professionals. VAI brings a proprietary product suite—including VAI 360 CRM, VAI Check Box, and VAI IntelHubX—extending tailored, high-margin solutions across the Media, Telecommunications, Utilities, Retail, and Transport verticals. Expansion of Non-SAP Technology and Engineering Services Beyond the core SAP ecosystem, the acquisition significantly diversifies the company’s engineering capabilities. It expands Adroit's portfolio into advanced networking, Internet of Things (IoT) architectures, customized software product engineering, and high-performance telecom infrastructure design across four continents. ANNEXURE-B Disclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Details 1. Name of the target entity, size, Verso Altima Group d.o.o. turnover etc. • Headquarters: Zagreb, Croatia • Turnover: Approx. 13 million Euros • Human Capital: Contributes to a combined organizational strength of 100+ employees globally. 2. Whether the acquisition would No. The acquisition does not fall within related party fall within related party transactions. P [Showing first 8,000 characters — download PDF for full document]