General Updates

To, Date: 16 July 2026 The Manager National Stock Exchange of India Ltd Exchange Plaza, Plot No.C-1, G Block Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Security Code: ONEPOINT Subject: Intimation of Successful Completion of Acquisition of 100% Stake in ITCUBE Solutions Private Limited Ref.: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and with reference to our previous intimation dated February 22, 2024 regarding the execution of the Share Purchase Agreement ("SPA") for the acquisition of 100% stake in ITCube Solutions Private Limited (“ITCube"), we wish to inform you that the Company has successfully completed the final tranche of the acquisition and has acquired 100% of the share capital of ITCube. We have enclosed Annexure I, which contains the key highlights of this transaction, for your reference. We request you to kindly take the same on record. Thanking you, Yours faithfully, For One Point One Solutions Limited Pritesh Sonawane Company Secretary & Compliance Officer Place: Mumbai Encl.: As above ONE POINT ONE SOLUTIONS LIMITED Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: Unit No. 501, 5th Floor, Naman Centre, G-Block, C-31, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India, 400051. Mumbai. Gurgaon. Indore. Bengaluru ANNEXURE I ADDITIONAL DISCLOSURES WITH RESPECT TO SUCCESSFUL COMPLETION OF ACQUISITION OF 100% STAKE IN ITCUBE SOLUTIONS PRIVATE LIMITED: a) Name of the target entity and details in brief; The target entity is ITCube Solutions Private Limited, a company incorporated under the Companies Act, 2013, having its registered office at 301, 301A, 302, 303A, Sprint Tower, Godrej Eternia, Mumbai Pune Highway, Wakdewadi, Shivajinagar, Pune, Haveli, Maharashtra, India – 411005 (CIN: U72200PN2003PTC018713). The company is engaged in the business of Information Technology (IT) and Information Technology Enabled Services (ITES), specializing in providing of Business Process Management Services and Global Software Consulting and Development. The company serves a diversified client base across multiple geographies. b) Name(s) of parties with whom the agreement is entered; The agreement is executed by and between (i) One Point One Solutions Limited, a company incorporated under the Companies Act, 1956, having its registered office at Unit no. 501, 5th Floor, Naman Centre, G Block, C-31, Bandra Kurla Complex, Bandra (E), Mumbai 400051, Maharashtra, India (Acquirer); (ii) ITCube Solutions Private Limited, a company incorporated under the Companies Act, 2013, having its registered office at 301, 301A, 302, 303A, Sprint Tower, Godrej Eternia, Mumbai Pune Highway, Wakdewadi, Shivajinagar, Pune, Haveli, Maharashtra, India – 411005 (Target Company); and (iii) the Sellers, being (a) Mr. Anil Vasant Rajadhyaksha (Seller 1/Promoter 1); (b) Mrs. Neena Parekh (Seller 2/Promoter 2); (c) Mrs. Vimlaben Patel (Seller 3/Promoter 3); (d) Mr. Anil Rajadhyaksha and Ms. Madhavi Gokhale (Seller 4); and (e) Mr. Mangesh Gokhale (Seller 5). Mr. Anil Rajadhyaksha, Mrs. Neena Parekh, Mrs. Vimlaben Patel, Mr. Anil Rajadhyaksha & Ms. Madhavi Gokhale, and Mr. Mangesh Gokhale are collectively referred to as the "Sellers." c) Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; The acquisition of shares in ITCube Solutions Private Limited does not constitute a related party transaction, as neither the promoters, the promoter group, nor any group companies of One Point One Solutions Limited hold any interest in the target entity. d) Industry to which the entity being acquired belongs; ITCube Solutions Private Limited is engaged in the business of Information Technology (IT) and Information Technology Enabled Services (ITES), specifically within the global software consulting, development, and Business Process Management (BPM) services industry. e) Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); ONE POINT ONE SOLUTIONS LIMITED Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: Unit No. 501, 5th Floor, Naman Centre, G-Block, C-31, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India, 400051. Mumbai. Gurgaon. Indore. Bengaluru This strategic acquisition strengthens the Company's IT and ITES capabilities by acquiring a profitable, established platform with deep expertise in Microsoft technologies and Business Process Management. ITCube brings proven capabilities in SharePoint, D365, Power Platform, .NET, React, and Python, along with ISO 9001 and ISO/IEC 27001 accreditations and Microsoft Gold Partner status. The acquisition provides a resilient revenue base, an experienced workforce, and a diversified client portfolio across multiple geographies. This acquisition would result in a better financial and operating structure for the Company by expanding its service offerings and enhancing its technological capabilities. f) Brief details of any governmental or regulatory approvals required for the acquisition; No governmental or regulatory approvals were required for the acquisition. g) Indicative time period for completion of the acquisition; Pursuant to the SPA executed on February 22, 2024, One Point One Solutions Limited agreed to acquire 100% of the issued and outstanding shares of ITCube Solutions Private Limited. The acquisition was structured in two tranches: the First Tranche (76%) was completed on the First Closing Date, and the Second Tranche (24%) has been completed on the Second Closing Date through transfer of the Second Tranche Sale Shares. The acquisition has been completed in accordance with the terms and conditions of the SPA, as mutually agreed between the parties, and the transfer of 100% of the issued and outstanding shares of ITCube Solutions Private Limited to One Point One Solutions Limited has now been fully effected. h) Consideration- whether cash consideration or share swap or any other form and details of the same; The consideration for the acquisition is entirely in cash. i) Cost of acquisition and/or the price at which the shares are subscribed; The total transaction value for acquiring 100% ownership of ITCube Solutions Private Limited is INR 84,00,04,632 (Rupees Eighty Four Crores Four Thousand Six Hundred Thirty Two only), comprising: (i) First Tranche Purchase Consideration of INR 58,44,85,636 (Rupees Fifty Eight Crores Forty Four Lakhs Eighty Five Thousand Six Hundred Thirty Six only) for 76% of the share capital; (ii) Second Tranche Purchase Consideration of INR 15,00,00,600 (Rupees Fifteen Crores Six Hundred only) for the balance 24% of the share capital; and (iii) buyback proceeds payable by ITCube Solutions Private Limited to the Sellers in connection with the pre-closing buyback of 905 shares. j) Percentage of shareholding / control acquired and / or number of shares acquired; One Point One Solutions Limited has acquired 100% of the issued and outstanding share capital, and thereby full control, of ITCube Solutions Private Limited. The acquisition represents the purchase of a total of 6,596 Equity Shares of the Company, comprising the First Tranche Sale Shares (5,013 shares representing 76%) and the Second Tranc [Showing first 8,000 characters — download PDF for full document]