Outcome of Board Meeting

Manipal Payment and Identity Solutions November 3, 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: Outcome of Board Meeting of the Company held on November 3, 2026 Pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI(LODR) Regulations”), we hereby inform you that the Board of Directors of Manipal Payment and Identity Solutions Limited (“the Company”), at its meeting held today, i.e., November 3, 2026, has, inter alia approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee at its meeting held today, i.e., November 3, 2026. Pursuant to Regulation 33 of the SEBI(LODR) Regulations, we are enclosing herewith the Unaudited (Standalone and Consolidated) financial results, along with the Limited Review Report issued by the Statutory Auditors of the Company, for the quarter and half year ended September 30, 2026. The Board Meeting commenced at 03:30 P.M. IST and concluded at 04:10 P.M. IST. The above information will also be available on the website of the Company at: https://mpimanipal.com/investor-corner Request you to please take the same on record. Thanking you. Yours sincerely, For Manipal Payment and Identity Solutions Limited Dattatri Manjunatha Hardur Company Secretary and Compliance Officer Membership No.: F7799 Manipal Payment and Identity Solutions Limited I Document (Fonnerly known as MCT Cards & Technology Limited) . Regd. Office: Udayavani Building, Press Comer, Marnpal -576 104, Karnataka, lrid1a. VISA, MasterCard and RuPay_ CIN:U72900KA2008PLC045316 Certified Card Manufacturer ',,, +91 820 2205000, +91 820 4275000 181 info@mctcardstech.com @ https://mpimanipal.com CMMISVC/3 CMMIDEV /3 Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) The Board of Directors Manipal Payment and Identity Solutions Limited (Formerly known as MCT Cards & Technology Limited and MCT Cards & Technology Private Limited) 1. We have reviewed the accompanying statement of standalone unaudited financial results of Manipal Payment and Identity Solutions Limited (Formerly known as MCT Cards & Technology Limited and MCT Cards & Technology Private Limited) (“the Company”) for the quarter ended September 30, 2026 and for the period April 01, 2026 to September 30, 2026 (the “Statement”) being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 2. The company’s Management is responsible for preparation of the statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (“Ind AS 34”) prescribed under section 133 of the Companies Act, 2013 (“the Act”) as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. The Statement has been approved by the Company’s Board of Directors. Our responsibility is to express a conclusion on the statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review of interim financial results consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standard on Auditing specified under section 143(10) of the Act, and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in the audit. Accordingly, we do not express an audit opinion. No. 361, i fioor, 7th Cross, I Block Jayanagar, Bangalore -560 011. Ph: +91 80 26569500 www. mania n-rao.com Telefax: +91 80 26569501 Email: contact@manian-rao.com 4. Based on our review conducted and procedures performed as stated in paragraph 3 above nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulations 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Manian & Rao Chartered Accountants FRN: 001983S Paresh Daga Membership No. 211468 Place: Mumbai Date: November 03, 2026 UDIN: 26211468IYFSOK9229 No. 361, i fioor, 7th Cross, I Block Jayanagar, Bangalore -560 011. Ph: +91 80 26569500 www. mania n-rao.com Telefax: +91 80 26569501 Email: contact@manian-rao.com Manipal Payment and Tdentity Solutions Limited (Previously known as "MCT Cards & Technology Limited", "MCT Cards & Technology Private Limited") CIN: U72900KA2008PLC045316 Standalone Unaudited Balance Sheet (All amounts are in Indian Rupees million, unless otherwise stated) As at As at September 30, 2026 March 31, 2026 ASSETS Non-current assets Property, plant and equipment 1,747.25 1,649.38 Right-of-use assets 1,701.94 1,566.28 Capital work-in-progress 250.35 116.80 Other intangible assets 31.18 24.33 Financial assets (i) Investments 261.03 240.87 (ii) Other financial assets 225.16 166.09 (iii) Loans 271.04 220.54 Non-current tax assets (net) 2.98 3.15 Deferred tax assets (net) 217.64 190.48 Other non-current assets 176.93 155.27 Total non-current assets 4,885.50 4,333.19 Current assets Inventories 2,495.39 1,758.59 Financial assets ( i) Investments 662.83 610.88 (ii) Trade receivables 3,321.57 2,054.43 (iii) Cash and cash equivalents 2,827.29 1,029.10 (iv) Bank balances other than (iii) above 377.80 443.74 (v) Other financial assets 1,870.3~ 397.59 Other current assets 708.46 705.75 Total current assets 12,263.69 7,000.08 Total assets 17 149.19 II 333.27 EQUITY & LIABTLITIES Equity Equity share capital 463.61 444.73 Other equity 12,198.32 7,604.85 Total Equity 12,661.93 8,049.58 Non-current liabilities Financial liabilities (i) Borrowings 4.58 2.90 (ii) Lease liabilities 955.95 974.28 Provisions 25.06 Total non-current liabilities 960.53 1,002.24 . Current liabilities Financial liabilities (i) Borrowings 1.85 1.26 (ii) Lease liabilities 497.52 419.43 (iii) Trade payables a) total outstanding dues of micro enterprises and small enterprises 72.18 45.78 b) total outstanding dues of creditors other than micro enterprises and small enterprises 1,390.73 1,155.57 (iv) Other financial liabilities 954.97 180.34 Other current liabilities 142.08 105.50 Provisions 306.77 291.03 Current tax liabilities (net) 160.63 82.54 Total current liabilities 3,526.73 2,281.45 Total liabilities 4,487.26 3,283.69 Total equity and liabilities 17,149.19 11 333.27 Manipal Payment and Identity Solutions Limited CIN: U72900KA2008PLC045316 (Previously known as "MCT Cards & Technol [Showing first 8,000 characters — download PDF for full document]