Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

July 24, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Company Code No.: 539807 Company Symbol: CCAVENUE Dear Sir/ Madam, Sub: Intimation – Authorisation for setting up a payment system for Issuance and Operation of Prepaid Payment Instruments by Reserve Bank of India (“RBI”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”), we wish to inform you that the Reserve Bank of India vide its Letter No. CO.DPSS.AUTH.No.S332/02.27.004/2026-27 dated July 24, 2026 has authorized our Company i.e. AvenuesAI Limited (GoWallet) to set up a payment system for Issuance and Operation of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007. The details, as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), are enclosed herewith as Annexure – A. The said details are also available on the website of the Company at www.avenuesai.com. Request to kindly take the same on your records. Thanking you, Yours faithfully, For AvenuesAI Limited (Formerly known as Infibeam Avenues Limited) Shyamal Trivedi Sr. Vice President & Company Secretary Encl.: As above AvenuesAI Limited (Formerly known as Infibeam Avenues Limited) Regd. Office: 28th Floor, GIFT Two Building, Block No. 56, Road-5C, Zone-5, GIFT CITY, Gandhinagar – 382 050, Gujarat, India CIN: L64203GJ2010PLC061366 Tel: +91 79 67772204 | Fax: +91 79 67772205 | Email: ir@avenuesai.com | Website: www.avenuesai.com Annexure - A Details pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular are set out as below: Sr. Particulars Details/Information 1 Name of the regulatory or licensing authority Reserve Bank of India (“RBI”) 2 Brief details of the approval/ license obtained/ Authorisation for setting up a payment system withdrawn/ surrendered for Issuance and Operation of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007. 3 Impact/relevance of such approval/license to The said authorisation permits our Company to the listed entity issue and operate Prepaid Payment Instruments in India. 4 Withdrawal/cancellation or suspension of Not Applicable licence/approval by the regulatory or licensing authority, with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty, if any 5 Period for which such approval/license is/was Not Applicable valid 6 The actual impact (monetary or otherwise) Not Applicable along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key license/ approval. AvenuesAI Limited (Formerly known as Infibeam Avenues Limited) Regd. Office: 28th Floor, GIFT Two Building, Block No. 56, Road-5C, Zone-5, GIFT CITY, Gandhinagar – 382 050, Gujarat, India CIN: L64203GJ2010PLC061366 Tel: +91 79 67772204 | Fax: +91 79 67772205 | Email: ir@avenuesai.com | Website: www.avenuesai.com