Acquisition

October 29, 2026 Manager – Listing Department, National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 Subject: Intimation under Regulation 30 of SEBI ((Listing Obligations and Disclosure Requirements) Regulations, 2015 NSE Symbol: PANACHE Dear Sir / Madam, In continuation of our earlier intimation dated April 29, 2026, we would like to inform you that the Board of Directors of Technofy Digital Private Limited, a wholly owned subsidiary, has inter alia considered and approved the allotment, pursuant to a right issue, of 22,50,000 equity shares to Panache Digilife Limited. Consequent to this allotment, Technofy Digital Private Limited shall continue to be wholly owned subsidiary of Panache Digilife Limited. The details required to be disclosed pursuant to SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/l/3762/2026 dated January 30, 2026 is enclosed as Annexure to this disclosure. Kindly take the same on your records. Thanking you, Yours faithfully, For Panache Digilife Limited Harshil Chheda Company Secretary, Compliance Officer & Head - Legal Encl.: As above Annexure Disclosure of information pursuant to SEBI Master Circular: Sr. No. Particulars Details 1. Name of the target entity, details Name: Technofy Digital Private Limited in brief such as size, turnover etc. Authorised Capital: Rs 3,00,00,000 divided into 30,00,000 equity shares of Rs 10 each. Paid up Capital: Rs 2,26,00,000 divided into 22,60,000 equity shares of Rs 10 each. Turnover: NIL as on 31st March, 2026 2. Whether the acquisition would fall Technofy Digital Private Limited, being wholly within related party transaction(s) owned subsidiary is a related party of the and whether the promoter/ Company. The transaction falls within the ambit promoter group/ group of related party transactions and was at arms’ companies have any interest in length. the entity being acquired? If yes, None of the promoter/ promoter group/ group nature of interest and details companies have interest in Technofy Digital thereof and whether the same is Private Limited except Mr. Amit Rambhia, done at “arm’s length” Mr. Nikit Rambhia and their relatives are considered as interested being part of promoter/promoter group of the Company. 3. Industry to which the entity being Information Technology acquired belongs; 4. Objects and impact of acquisition The investment was of strategic nature and (including but not limited to, would help the Company in expanding the disclosure of reasons for business operations of Technofy Digital Private acquisition of target entity, if its Limited. business is outside the main line of business of the listed entity); 5. Brief details of any governmental Not Applicable or regulatory approvals required for the acquisition; 6. Indicative time period for The acquisition has been completed on completion of the acquisition; October 29, 2026 7. consideration - whether cash Cash Consideration consideration or share swap and details of the same; 8. Cost of acquisition or the price at Cost of Acquisition of the Equity Shares of which the shares are acquired; Technofy Digital Private Limited was Rs. 2.25 crore (Rupees Two crore twenty-five lakhs only). 9. Percentage of shareholding / The Company acquired 22,50,000 equity shares. control acquired and / or number Consequent to this allotment, Technofy Digital of shares acquired; Private Limited shall continue to be wholly owned subsidiary of Panache Digilife Limited. Percentage of shareholding – 100% 10. Brief background about the entity Technofy Digital Private Limited is a private acquired in terms of products / company incorporated on 4th June, 2019 with its line of business acquired, date of registered office in Mumbai, India. incorporation, history of last 3 years turnover, country in which Technofy Digital Private Limited is, inter alia, the acquired entity has presence engaged in the business of manufacturing, and any other significant trading & distribution of IT, electronic & information (in brief) telecommunication products and providing IT services and related designing services. Financial Year Turnover (Rs. In Lakhs) FY 2023-24 NIL FY 2024-25 NIL FY 2025-26 NIL