Acquisition

July 27, 2026 BSE Limited National Stock Exchange of India Limited (BSE: 542726) (NSE: INDIAMART) Subject: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that IndiaMART InterMESH Limited (hereinafter referred as ‘Company’) has entered into an agreement to subscribe to 4,630 Compulsory Convertible Preference Shares (CCPS) of Fleetx Technologies Private Limited (hereinafter referred as ‘Fleetx’). The details of the said transaction of acquisition by the Company is enclosed as Annexure ‘A’. Please take the above information on record. Yours faithfully, For IndiaMART InterMESH Limited (Vasudha Bagri) Compliance Officer Membership No: A 28500 Encl.: As above Annexure – A S.No. Particulars Description 1. Name of the target entity, Fleetx Technologies Private Limited (‘Fleetx’) details in brief such as size, turnover etc. Registered Office – 320, 3rd Floor, Tower A, Vatika Business Park Sector 49, Gurugram- 122018, Haryana. Fleetx is an AI-powered fleet and logistics optimization platform which revolutionizes physical operations for businesses. By unifying data, IoT, and artificial intelligence into a single platform, Fleetx empowers organizations to digitize their logistics, enhance efficiency, improve safety, and reduce operational costs. The Website URL is https://www.fleetx.io/ . The total turnover of Fleetx for the financial year ended March 31, 2025 was Rs. 77.80 Crores. 2. Whether the acquisition Fleetx is a related party, being an Associate would fall within related Company. party transaction(s) and whether the promoter/ Promoter/ Promoter Group/ Group Companies of promoter group/ group the company do not have any interest in said companies have any interest investment. in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms- length” 3. Industry to which the entity Software as a Service Solution being acquired belongs 4. Objects and impact of This investment shall be in line with the acquisition (including but not Company’s long-term objective of offering limited to, disclosure of various Software as a Service (SAAS) based reasons for acquisition of solutions for businesses. target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any Not Applicable governmental or regulatory approvals required for the acquisition 6. Indicative time period for 30 days completion of the acquisition 7. Nature of consideration - Cash Consideration whether cash consideration or share swap or any other form and details of the same 8. Cost of acquisition or the The Company intends to invest upto price at which the shares are Rs. 64, 98,76,060 (Sixty Four Crores Ninety Eight acquired Lakh Seventy Six Thousand and Sixty Only) for subscribing of 4630 Compulsorily Convertible Preference Shares (‘CCPS’) of the face value of Rs. 10/- per CCPS at a premium of Rs. 1,40,352/- (Rupees One Lakh Forty Thousand Three Hundred and Fifty Two) per CCPS. 9. Percentage of shareholding / The final aggregate shareholding of the Company, control acquired and / or post completion of said transaction in the said number of shares acquired entity would be 25.80% of the share capital of Fleetx on a fully converted and diluted basis. 10. Brief background about the Please refer to point no. 1 for brief background entity acquired in terms of of Fleetx. products/line of business Date of Incorporation: July 24, 2017 acquired, date of Country of Establishment: India incorporation, history of last 3 years turnover, country in which the acquired entity has Turnover of last three years: presence and any other FY 2025: 77.80 Crores significant information (in brief) FY 2024: 60.14 Crores FY 2023: 46.15 Crores