BSECompany Update1d ago · 30 Oct 2026, 01:11 pm

Communication attached

VEDAVAAG Systems Ltd · 533056

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VEDAVAAG Systems Ltd has received a Certificate of Registration from IRDAI to act as a Direct (Life and General) Insurance Broker for its wholly owned subsidiary Vedavaag Financial Insurance Broking Services Private Limited.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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VEDAVAAG Systems Ltd - 533056 - Receipt Of Certificate Of Registration To Act As Direct (Life & General) Insurance Broker From IRDAI To Vedavaag Financial Insurance Broking Services Private Limited, A Wholly Owned Subsidiary Of The Company ('WOS')

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Date: 30-10-2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 533056 ISIN: INE359B01010 Sub: Intimation regarding receipt of Certificate of Registration to act as Direct (Life & General) Insurance Broker from IRDAI to Vedavaag Financial Insurance Broking Services Private Limited, a wholly owned subsidiary of the Company (“WOS”). Ref: Intimation dated: September 24, 2026 and 07-10-2026 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and with reference to our earlier communications dated September 24, 2026 and October 07, 2026, in this regard, we are happy to inform you that Vedavaag Financial Insurance Broking Services Private Limited, a wholly owned subsidiary of the Company (“WOS”), has received the Certificate of Registration on October 29, 2026, from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a Direct (Life and General) Insurance Broker. The WOS has been granted Registration No. 1198 by IRDAI, authorising it to undertake insurance broking activities in accordance with the applicable provisions of the Insurance Act, 1938, and the regulations framed thereunder. Regards, For Vedavaag Systems Limited Saiteja Ivaturi Company Secretary & Compliance Officer CIN: L72200TG1998PLC029240. 1-89/G/113 NR, 3rd Floor Park View, Gafoor Nagar, Madhapur, Shaikpet, Hyderabad, Telangana, India, 500081 Contact: + 91 70324 95959. www.vedavaag.com INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA IRDAI (Insurance Brokers) Regulations, 2018 Schedule I – Form J (See Regulation 10 and 14) Certificate of Registration Registration No: 1198 In exercise of the powers conferred by sub-section (1) of Section 42D of the Insurance Act, 1938 (4 of 1938) the Authority hereby grants a Certificate of Registration to Vedavaag Financial Insurance Broking Services Private Limited to act as Direct (Life & General) Insurance broker under the Act. The Certificate of Registration shall be subject to conditions imposed by the Authority and the provisions of IRDAI (Insurance Brokers) Regulations, 2018. This Certificate of Registration shall be valid from 29/10/2026 and shall remain in force subject to payment of annual fee, until it is suspended, or cancelled by the Authority. धदिाोंक / Date : 29 अक्टूबर, 2026 / 29-October-2026 For and on behalf of Insurance Regulatory and Development Authority of India