NSEPress Release1 Jul 2026 · 1 Jul 2026, 11:16 am

Press Release

GNG Electronics Limited · EBGNG

✦ AI Summary▲ PositiveExpansion

GNG Electronics Limited has entered into a strategic distribution partnership with Redington Limited to accelerate the nationwide expansion of refurbished ICT solutions.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10

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Full Announcement

GNG Electronics Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "GNG Electronics Limited Announces Strategic Distribution Partnership with Redington Limited to Accelerate Nationwide Expansion of Refurbished ICT Solutions.".

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GNGNSE_01072026111221_Intimation_Press_Release_Distribution_Partnership_with_Redington.pdf

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July 01, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, Bandra Phiroze Jeejeebhoy Towers, Kurla Complex, Bandra (E), Mumbai 400051 Dalal Street, Mumbai – 400001 NSE Symbol - EBGNG Scrip Code – 544455 Sub: Intimation of Press Release Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed herewith the Press Release dated July 01, 2026, titled “GNG Electronics Limited Announces Strategic Distribution Partnership with Redington Limited to Accelerate Nationwide Expansion of Refurbished ICT Solutions.” Please take the above information on record. FOR GNG ELECTRONICS LIMITED Sarita Vishwakarma Company Secretary & Compliance officer Membership No. A59547 Press Release GNG Electronics Limited Announces Strategic Distribution Partnership with Redington Limited to Accelerate Nationwide Expansion of Refurbished ICT Solutions GNG Electronics Limited (“Electronics Bazaar” or “the Company”), India’s largest refurbisher of laptops and desktops, has, in continuation of its channel-led expansion strategy, entered into a strategic distribution partnership with Redington Limited, India’s largest distributor of IT products, for the nationwide distribution of its refurbished computers across India. This partnership marks a further step in the Company’s efforts to formalize and scale the organized refurbished ICT segment through structured, pan-India channel access. Under the partnership, Redington will distribute Electronics Bazaar’s range of professionally refurbished laptops, desktops and enterprise computing systems across India. Redington’s pan-India distribution network - spanning Tier 1, Tier 2 and Tier 3 markets is expected to widen GNG’s reach, deepen enterprise, education and institutional penetration, and strengthen access to warranty-backed refurbished systems through one of the country’s most established ICT distribution networks. Channel has been a key pillar of Electronics Bazaar’s growth strategy. The Company continues to enhance its distribution network by partnering with established distribution and reseller networks that extend its reach across the country. The association with Redington adds one of the deepest distribution ecosystems in Indian IT to Electronics Bazaar’s existing channel relationships, broadening access for its refurbished portfolio across resellers, system integrators, enterprise, education and institutional buyers. This partnership reflects the central role channel plays in how GNG goes to market. India’s refurbished ICT market has historically operated through fragmented and unorganized channels. Collaborations with established distribution organizations are an important part of formalizing the category and integrating professionally refurbished devices into mainstream ICT procurement cycles. Through this partnership, Electronics Bazaar expects to enhance distribution velocity, improve geographic penetration, and further embed its products within organized channel ecosystems. The Company remains focused on disciplined execution and sustained category leadership as it continues to scale within the organized refurbished ICT segment. About GNG Electronics Limited GNG Electronics Limited is India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India, with significant presence across India, USA, Europe, Africa and Middle East, in terms of value, as of March 31, 2026. The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by credible and reliable warranty with a strong presence across India, the USA, Europe, Africa, and the Middle East. About Redington Limited Redington Limited, a leading technology solutions provider and a Fortune India 500 company, empowers businesses in their digital transformation journeys by addressing technology friction – the gap between innovation and adoption. With presence in over 40 markets, 450+ brand associations, and 70,000+ channel partners, Redington enables end-to-end distribution for IT/ITeS, Telecom, Lifestyle, and Solar products across various markets. Through its focus on innovation and partnerships, Redington remains a trusted global distributor of products, services, and solutions. For more information, please visit www.electronicsbazaar.com For further information please contact: GNG Electronics Limited Ms. Sarita Vishwakarma compliance@electronicsbazaar.com Investor Relations Advisors, Adfactors PR Mr. Sumit Kinikar / Ms. Mamta Samat sumit.kinikar@adfactorspr.com / mamta.samat@adfactorspr.com