Shareholders meeting

November 2, 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051. BSE Scrip Code: 544916 NSE Scrip Symbol: MPIMANIPAL Dear Sir/ Madam, Sub: Intimation of Postal Ballot Notice under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI(LODR) Regulations), please find enclosed the Postal Ballot Notice dated November 2, 2026, together with the Explanatory Statement, seeking approval of the Members for the following Special Resolutions through remote e-voting only: 1. Approval of amendments to the MCT Employee Stock Option Plan 2024 (proposed to be renamed “MPi Employee Stock Option Plan 2024”), as set out in the Notice. 2. Ratification of the MPi Employee Stock Option Plan 2024 (formerly “MCT Employee Stock Option Plan 2024”), as amended pursuant to Item No. 1, under Regulation 12(1) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SBEB Regulations”). 3. Extension of the benefits of the MPi Employee Stock Option Plan 2024 (formerly “MCT Employee Stock Option Plan 2024”) to the Employees of a group company including subsidiary or its associate company, in India or outside India, or of a holding company of the Company in terms of Regulation 6(3) of the SBEB Regulations. The Notice is issued pursuant to Sections 62 (1) (b), 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI LODR Regulations, 2015, the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the Ministry of Corporate Affairs (MCA) Circulars and Secretarial Standard on General Meetings (SS-2). In accordance with circulars issued by MCA and provisions of SEBI(LODR) Regulations, the said Notice is being sent only through electronic mode to Members whose names appear in the Register of Members/list of beneficial owners as on October 30, 2026 (the cut-off date) and whose e-mail addresses are registered with the Company / RTA / Depository Participants. The dispatch of the Notice by e-mail has been completed on November 2, 2026. The Company has engaged MUFG Intime India Private Limited (InstaVote) for facilitating e-voting to enable the members to cast their votes electronically. The details of remote e- voting period are as follows: Cut-off date October 30, 2026 Commencement of remote e-voting November 4, 2026 at 9:00 A.M. (IST) End of remote e-voting December 3, 2026 at 5:00 P.M. (IST) The remote e-voting module shall be disabled after the above period by MUFG Intime India Private Limited (InstaVote), the E-voting Agency. The Board, at its meeting held on October 1, 2026, appointed Mr. Nagendra D Rao (FCS 5553, COP No. 7731), Designated Partner, GDR & Partners LLP, [LLPIN: ACG-7633], Practising Company Secretaries, as Scrutinizer to conduct the postal ballot in a fair and transparent manner. The results of the Postal Ballot with the Scrutinizer's report shall be announced within two working days from the conclusion of remote e-voting i.e. on or before December 5, 2026. The Notice is available on the Company's website at https://mpimanipal.com and on the websites of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com) and the E-voting Agency's website at https://instavote.linkintime.co.in. This is for your information and records. Thanking you, Yours sincerely, For Manipal Payment and Identity Solutions Limited H.M. Dattatri Company Secretary & Compliance Officer Membership No.: F7799 Encl.: Postal Ballot Notice along with the Explanatory Statement. MANIPAL PAYMENT AND IDENTITY SOLUTIONS LIMITED Registered Office: Udayavani Building, Press Corner, Manipal, Udupi – 576104, Karnataka CIN: U72900KA2008PLC045316 Tel: +91 820 2205000, +91 820 4275000 E-mail: investor.relations@mpimanipal.com, Website: https://mpimanipal.com POSTAL BALLOT NOTICE [Pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings (SS-2)] Event Date and time Cut-off date for determining eligibility October 30, 2026 to vote Commencement of remote e-voting November 4, 2026 at 9:00 A.M. (IST) End of remote e-voting December 3, 2026 at 5:00 P.M. (IST) Dear Member(s), NOTICE is hereby given, pursuant to Sections 108, 110, 62(1)(b) and other applicable provisions, if any, of the Companies Act, 2013 (“Act”), read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014 (“Rules”), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SBEB Regulations”), Secretarial Standard on General Meetings (“SS- 2”) issued by the Institute of Company Secretaries of India, and General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020, read with General Circular No. 03/2025 dated September 22, 2025 and other relevant circulars issued by the Ministry of Corporate Affairs (“MCA”), (collectively, “MCA Circulars”), and the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as amended from time to time, relating to e-voting facility provided by listed entities, each as amended from time to time, that the resolutions set out below are proposed to be passed by the Members of Manipal Payment and Identity Solutions Limited (“MPi” or the “Company”) as Special Resolutions by way of postal ballot, through remote e-voting only. The Board of Directors of the Company (“Board”), at its meeting held on October 1, 2026, on the recommendation of the Nomination and Remuneration Committee (“NRC”), approved the business set out below and the Explanatory Statement pursuant to Section 102 of the Act, and appointed Mr. Nagendra D Rao (Membership No. FCS 5553, COP No. 7731), Designated Partner, GDR & Partners, LLP, Practising Company Secretaries, bearing LLPIN – ACG-7633 as Scrutinizer for conducting the postal ballot through remote e-voting in a fair and transparent manner. The Explanatory Statement setting out the material facts and the reasons for the proposed resolutions is annexed to this Notice. SPECIAL BUSINESS Item No. 1: Approval of amendments to the MCT Employee Stock Option Plan 2024 (proposed to be renamed “MPi Employee Stock Option Plan 2024”): To consider and, if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 62(1)(b) and other applicable provisions, if any, of the Companies Act, 2013 and the rules made thereunder, including Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014, to the extent applicable (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), Regulation 7 and other applicable provisions of the SBEB Regulations, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Articles of Association of the Company, and on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, the consent of the Members be and is hereby accorded to the amendments to the MCT Employee Stock Option Plan 2024, as set out in Annexure A to this Notice, including (i) change in the nomenclature of the Scheme to “MPi Employee Stock Option Plan 2024”, (ii) updating of the name and Corporate Identity Number of the Company, (iii) alignment of the Scheme with the post-listing status and govern [Showing first 8,000 characters — download PDF for full document]