Incorporation of a Wholly Owned Subsidiary in Canada

EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hotagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com August 07, 2026 To To The Listing Department, The Listing Department BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001, Mumbai – 400051, Maharashtra, India. Maharashtra, India. Scrip Code: 544617 Scrip Symbol: EXCELSOFT ISIN: INE606N01019 Subject: Incorporation of a Wholly Owned Subsidiary in Canada: Dear Sir/Madam, Pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, (“SEBI Listing Regulations”) we wish to inform you that the Board of Directors at its meeting held today (i.e. Friday, August 07, 2026) has approved the incorporation of a wholly owned subsidiary of the Company in Canada, subject to obtaining the requisite approvals and completion of applicable statutory and regulatory formalities. The initial disclosure pursuant to Para A of Part A of Schedule III to Regulation 30 of the SEBI Listing Regulations read with Securities and Exchange Board of India Master Circular No.: HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, to the extent applicable at this pre-incorporation stage, is enclosed as Annexure A The final intimation, as required under the SEBI Listing Regulations read with Securities and Exchange Board of India Master Circular No.: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, will be intimated to the stock exchange upon the successful incorporation of the wholly owned subsidiary. The Board Meeting commenced at 15:30 (IST) and concluded at 19:45 (IST). The above information is also available on the website of the Company at https://www.excelsoftcorp.com/investors/ Kindly take the above information on record. Thanking you, For Excelsoft Technologies Limited, (Formerly known as Excelsoft Technologies Private Limited) S M Adithya Jain, Company Secretary, Chief Compliance Officer and Chief Investor Relations Officer (ICSI Membership No.: A49042) Place: Mysuru Enclosed: Annexure A Kuvempunagar, Mysuru Hyderabad Noida Nikhil Plaza, 1310 & 1333, 2nd floor, IMAGE Incubation centre, Plot no. A 42/6, Suite No.401, Gaganachumbi Double Rd, Software Technology Parks of India, 4th Floor, Sector - 62, Block K, G & H Block, Kuvempu Nagara, Divyasree solitaire, Plot No. 14 & 15, Noida – 201301, Uttar Pradesh, India Mysuru-570 023, Karnataka, India Software Units layout, HITEC City, Madhapur, Hyderabad - 500081, Telangana, India Page | 1 EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hotagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com Annexure A Acquisition(s) (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/ demerger/ restructuring), sale or disposal of any unit(s), division(s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company of the listed entity or any other restructuring: Sl. Particulars Description 1 Name of the entity, date & country of incorporation, Name of the proposed company: etc.; 1. Excelsoft Technologies Ltd. 2. Excelsoft Technologies Canada Ltd 3. Excelsoft Technology Services Ltd Date of Incorporation: To be incorporated. Proposed Directors of the Company: Mrs. Sudhanva Shruthi Mr. Adarsh Sudhindratheertha Mysore Mr. Pappur Shankar (Canadian Citizen) (Note: The above information is subject to change based on the finalisation and approval by the relevant authorities.) Country of incorporation: Canada 2 Name of holding company of the incorporated Holding Company: Excelsoft Technologies company and relation with the listed entity; Limited Nature of Relation: The entity is being incorporated as Wholly Owned subsidiary of the Excelsoft Technologies Limited. 3 Industry to which the entity being incorporated belongs Information Technology (IT) Enabled Services 4 Brief background about the entity incorporated in The proposed principal business activities of terms of products / line of business; the subsidiary will include development, licensing, marketing, sale, implementation and support of software products and digital technology platforms, including learning, assessment, proctoring, artificial intelligence and analytics solutions, along with related IT consulting, system integration, managed services and customer support activities. The incorporation of the subsidiary is intended to facilitate the Company's business Kuvempunagar, Mysuru Hyderabad Noida Nikhil Plaza, 1310 & 1333, 2nd floor, IMAGE Incubation centre, Plot no. A 42/6, Suite No.401, Gaganachumbi Double Rd, Software Technology Parks of India, 4th Floor, Sector - 62, Block K, G & H Block, Kuvempu Nagara, Divyasree solitaire, Plot No. 14 & 15, Noida – 201301, Uttar Pradesh, India Mysuru-570 023, Karnataka, India Software Units layout, HITEC City, Madhapur, Hyderabad - 500081, Telangana, India Page | 2 EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hotagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com operations and expansion in the Canadian and broader North American market. 5 Brief details of any governmental or regulatory As may be required to incorporate a company approvals required for the incorporation; under the laws of Canada. 6 Nature of consideration - whether cash consideration The proposed initial investments of the or share swap and details of the same company will be up to INR 3 (Three) Million through cash. 7 Cost of subscription / price at which the shares are Will be intimated to the Stock Exchange subscribed; 8 Percentage of shareholding / control by the listed entity Excelsoft Technologies Limited shall hold and / or number of shares allotted. 100% (One Hundred Percent) of the shareholding in the proposed entity. Kuvempunagar, Mysuru Hyderabad Noida Nikhil Plaza, 1310 & 1333, 2nd floor, IMAGE Incubation centre, Plot no. A 42/6, Suite No.401, Gaganachumbi Double Rd, Software Technology Parks of India, 4th Floor, Sector - 62, Block K, G & H Block, Kuvempu Nagara, Divyasree solitaire, Plot No. 14 & 15, Noida – 201301, Uttar Pradesh, India Mysuru-570 023, Karnataka, India Software Units layout, HITEC City, Madhapur, Hyderabad - 500081, Telangana, India Page | 3