Preferential issue

Date: 28th October, 2026 To To The General Manager The Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Ltd, Exchange Plaza, P. J. Towers, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip code: 532407 Scrip Symbol: MOSCHIP Dear Sir/Madam, Sub: Intimation of Outcome of Board Meeting Ref: Regulations 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements Regulations, 2015 ************ With reference to the above subject, we wish to inform you that a meeting of the Board of Directors of MosChip Technologies Limited held today i.e. on Wednesday 28th October, 2026, at the Registered office of the Company through video conference. Among others, the businesses as specified below were transacted at the meeting. 1. Approval of un-audited Financial Statements for the Quarter ended 30th September, 2026 Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half yearly ended 30th September 2026 in compliance with the Indian Accounting Standards ("lnd-As") and the Limited Review Report issued by M/s. S. T. Mohite & Co., Chartered Accountants, (FRN - 011410S) Statutory Auditors of the Company pursuant to Regulation 33 of Chapter IV of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed by the Audit Committee and placed before the Board of Directors of the Company in their meeting held today. The same are approved and taken on record by the Board. Unaudited Financial Results for the quarter and half yearly ended 30th September 2026 and the Limited Review Report are also available in the website of the Company at www.moschip.com and are enclosed herewith as “Annexure A” for your kind perusal. Extract of Ind-AS compliant Unaudited Financial Results for the quarter and half yearly ended 30th September 2026 would be published in prescribed format in English and Telugu newspapers. 2. The Nomination & Remuneration Committee of the Board has granted 95,496 Employee Stock Options (ESOP) to the eligible employees under existing Stock Options Schemes. Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time is given as “Annexure B”. MosChip Technologies Limited 7th Floor, My Home Twitza, TSIIC Knowledge City, Hyderabad, Telangana - 500081, India Tel: +91 40 6622 9292, Fax: +91 40 66229393, www.MosChip.Com, CIN: L31909TG1999PLC032184 3. Acquisition of 73% of the share capital of Vayavya Labs Private Limited (“VLPL”) from its existing shareholders for a total consideration of ₹ 266.71 crores under the Share Purchase Agreement (“SPA”), comprising ₹ 154.52 crores in cash and ₹ 112.19 crores through issuance of swap shares. 4. Issuance, offer, and allotment of 50,50,686 equity shares of the Company, of face value ₹ 2/- each (“Swap Shares”), to the selling shareholders of VLPL on a preferential basis at an issue price of ₹ 222.14 /-, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), towards discharge of consideration of ₹ 112.19 crores payable as part of the acquisition of 73% of VLPL’s paid-up share capital (“Proposed Transaction”). 5. Execution of a Shareholders’ Agreement (“SHA”) with the shareholders of VLPL for acquisition of the remaining shareholding (27%) will be done after 31st March 2028, and the valuation will be linked to VLPL business performance. The issuance and allotment of the Swap Shares to the Selling shareholders of VLPL and transfer of the shares of VLPL by Selling Shareholders to the Company as stated above is subject to, inter alia, receipt of approval of the shareholders of the Company and requisite regulatory approvals. The details in relation to the acquisition of VLPL shares by the Company and issuance of the Swap Shares to the Selling Shareholders of VLPL pursuant to the Preferential Issue, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025 CFD- POD2/I/3762/2026 dated January 30, 2026, as amended from time to time is given as “Annexure C & D”. The Board of Directors decided to conduct shareholders meeting (“EGM”) on 25th November, 2026 for seeking shareholders’ approval for preferential issue of equity shares (Swap shares). The notice of EGM is being sent separately. The meeting of Board of Directors commenced at 7:00 p.m. (IST) and concluded at 09.30 p.m. (IST) Kindly take the same on your records. Thanking You, Yours Truly, For MosChip Technologies Limited. CS Suresh Bachalakura Company Secretary and Compliance Officer Encl: As above MosChip Technologies Limited 7th Floor, My Home Twitza, TSIIC Knowledge City, Hyderabad, Telangana - 500081, India Tel: +91 40 6622 9292, Fax: +91 40 66229393, www.MosChip.Com, CIN: L31909TG1999PLC032184 S.T. Mohite & Co., Annexure A Chartered Accountants INDIA G5,B-Block, Paragon Venkatadri Apts, 3-4-812, Street No.1, Barkatpura, Hyderabad, T.G.- 500027, India. Cell : 9848994508, 9290285566 Email : stmohiteandco@stmohite.onmicrosoft.com Independent Auditor's Limited Review Report on Unaudited Consolidated Financial Results for the Quarter and Period ended 30t September 2026 of MosChip Technologies Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The Board of Directors MosChip Technologies Limited 1 We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results (‘the statement’) of Mis. MosChip Technologies Limited (‘the Parent’) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the Quarter and period ended 30* September 2026 and (‘the Statement”), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors on 28" October 2026, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (Ind AS) 34 on “Interim Financial Reporting”, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3 We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following wholly-owned subsidiaries: 1. MosChip Academy of Silicon Systems & Technologies Private Limited w.e.f 6" May 2025 (formerly MosChip Institute of Silicon Systems Private Limited) 2. MosChip [Showing first 8,000 characters — download PDF for full document]