BSECompany Update6d ago · 29 Jul 2026, 12:26 pm
Please refer to the letter attached
Affle 3I Ltd · 542752
✦ AI Summary
Affle 3I Ltd clarifies the increase in volume of its shares on stock exchanges, stating that it has made necessary disclosures in accordance with SEBI regulations and that the increase is due to recent announcements and events, including the company's inorganic growth objectives and acquisition of AdColony Assets from Digital Turbine, Inc.
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Market Sentiment5/10
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Affle 3I Ltd - 542752 - Clarification Letter On Movement In Volume
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July 29, 2026
BSE Limited
P J Towers, Dalal Street
Mumbai -400001
Subject: Clarification on Increase in Volume of Security - Scrip Code: 542752
Dear Sir/Ma’am,
This is with reference to your email L/SURV/ONL/PV/SG/ 2026-2027 / 267 dated July 29, 2026,
relating to the significant increase in the Volume in shares of the Company on Stock Exchanges.
In this regard, we would like to submit that the Company has made all the necessary disclosures in
accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
We would like to bring to your attention the following recent disclosures by the Company:
(i) The Company has disclosed during the Earnings Call held on November 3, 2025, February 2, 2026
and May 11, 2026 that the Company and its subsidiaries are in the process of identifying and negotiating
with suitable target companies and conducting due diligence for acquisition and that evaluations are
under way.
Following is an excerpt from Transcript of Earnings Call held on November 3, 2025:
“The right way to say it is that for these 10 potential targets, early evaluation is ongoing before
we get into deeper details of what's happening internally in their business and what's the
strength of their tech and so on. We are at an early level of diligence, and we can say that these
target companies are in the courtship period.”
Following is an excerpt from Transcript of Earnings Call held on May 11, 2026:
“We have evaluated several companies - more than 10 and then we've shortlisted about 4 -
where we are doing deeper due diligence, we are doing deeper assessments as well as
negotiations.”
Following are the links of the Transcripts of the Earning Calls for your easy reference.
1. Link of Earnings Call Transcript of the meeting held on November 3, 2025
2. Link of Earnings Call Transcript of the meeting held on February 2, 2026
3. Link of the Earnings Call Transcript of the meeting held on May 11, 2026
(ii) The objects of the recent preferential issue, as set out in the Postal Ballot Notice dated May 11,
2026, include funding the Company’s inorganic growth objectives by way of suitable strategic
investments and/or acquisitions (including acquisition of businesses, technologies, intellectual property,
platforms or capabilities) as may be approved by the Board from time to time.
(iii) Vide letter dated June 13, 2026, the Company has intimated that Affle MEA FZ LLC, wholly
owned step-down subsidiary has entered into a definitive Asset Purchase Agreement to acquire
AdColony Assets from Digital Turbine, Inc.
Following is the link of the above letter:
Affle 3i Limited
(Formerly known as Affle (India) Limited)
Regd. Office | A47 Lower Ground Floor, Hauz Khas, Off Amar Bhawan, New Delhi-110016
Communication Office | 8th floor, Unitech Commercial Tower - 2, Sector - 45, Gurugram - 122003, Haryana
(P) 0124-4598749 (W) www.affle.com; CIN: L65990DL1994PLC408172
https://www.bseindia.com/xml-data/corpfiling/AttachHis/16aab954-e6ad-4c25-86a5-
ee7a6e321c06.pdf
(iv) Vide letter dated July 27, 2026, the Company has allotted 83,000 equity shares under Affle (India)
Limited Employee Stock Option Scheme, 2021 to Affle (India) Limited Employees’ Welfare Trust and
the same has been picked by media as a news article. However, this is not a material event for the
Company as stated in the letter.
Following is the link of the above letter:
https://www.bseindia.com/xml-data/corpfiling/AttachLive/6e994415-e051-4ad5-9725-
fa4647d31c9e.pdf
Further, we would like to inform you that the tentative plan for holding the next Board meeting is on
August 8, 2026.
The Company assures adherence to the requirements laid down in Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and shall keep the Stock Exchange(s)
duly informed as and when required under the said regulations as and when such event(s) occur.
We are not aware of any reason other than stated above for the increase in traded volume of the scrip
of the Company.
We hope the above clarifies and request you to kindly take the same on your records.
Thanking you,
Yours Faithfully,
For Affle 3i Limited
(formerly known as Affle (India) Limited)
Parmita Choudhury
Company Secretary & Compliance Officer
Affle 3i Limited
(Formerly known as Affle (India) Limited)
Regd. Office | A47 Lower Ground Floor, Hauz Khas, Off Amar Bhawan, New Delhi-110016
Communication Office | 8th floor, Unitech Commercial Tower - 2, Sector - 45, Gurugram - 122003, Haryana
(P) 0124-4598749 (W) www.affle.com; CIN: L65990DL1994PLC408172