General Updates

Date: July 21, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Symbol: MOBIKWIK Scrip Code: 544305 Sub: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Ma’am, This is in continuation to the Special Resolution passed by the members of the Company on July 2, 2026, conducted through Postal Ballot approving the variation in the objects / terms of utilisation of the Initial Public Offering (“IPO”) proceeds and extension of time limits for utilization of the IPO proceeds. As per the revised Object -1, the Company is required to invest INR 60,84,51,000/- (Rupees Sixty Crore Eighty-Four Lakh Fifty-One Thousand Only) in MobiKwik Distribution Services Private Limited (Formerly known as MobiKwik Credit Private Limited) (“MDSPL”), a wholly owned subsidiary of the Company, to operate as a Lending Service Provider (“LSP”). Accordingly, Treasury Committee of the Board of Directors of the Company in its meeting dated Tuesday, July 21, 2026 which commenced at 04:00 P.M (IST) and concluded at 04:30 P.M (IST) approved the infusion of INR 60,84,51,000/- in MDSPL, in one or more tranches, by way of subscription of its shares. Further, in the same meeting, the Treasury Committee also approved investment in MobiKwik Securities Broking Private Limited (“MSBPL”), a wholly owned subsidiary, upto an amount of ₹ 1,00,00,000/- (Rupees One Crore Only), in one or more tranches, by way of subscription of its shares. The information in regard to the above mentioned in terms of Regulation 30 read with Para A of Part A of Schedule III - of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, and is enclosed as Annexure A. We request you to please take the same on record. Thanking you For One MobiKwik Systems Limited Ankita Sharma Company Secretary and Compliance Officer Membership No.: A37518 ONE MOBIKWIK SYSTEMS LIMITED Registered Office: Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India. Ph: +91 (124) 490-3344 | CIN: L64201HR2008PLC053766 | www.mobikwik.com | cs@mobikwik.com Annexure A S. No. Particulars Details MDSPL MSBPL 1. Name of the target entity, details in Name - MobiKwik Distribution Services Name - Mobikwik Securities Broking brief such as size, turnover etc. Private Limited (Formerly known as Private Limited (‘MSBPL’) MobiKwik Credit Private Limited) Registered Office - Unit No. 102, 1st Registered Office - Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Course Road, Sector-53, Gurugram, Haryana-122003 Haryana-122003 Size/ Turnover: Nil Size/ Turnover: Nil 2. Whether the acquisition would fall The transaction falls within the ambit of The transaction falls within the ambit of within related party transaction (s) related party transaction and is at related party transaction and is at and whether the promoter/ arm’s length. arm’s length. promoter group/ group companies have any interest in the entity Except to the extent of shares held by Except to the extent of shares held by being acquired? If yes, nature of the Company in MDSPL, the the Company in MSBPL, the interest and details thereof and promoter/promoter group have no promoter/promoter group have no whether the same is done at interest in MDSPL. interest in MSBPL. “arm’s length”. 3. Industry to which the entity Other Financial Services Securities Broking Company being acquired belongs. 4. Objects and impact of acquisition The main objects of the MDSPL are to The main objects of the MSBPL are to (including but not limited to, undertake the business of providing carry on the business of dealing in disclosure of reasons for loan sourcing, distribution, and shares, stocks, securities, debt acquisition of target entity, if its facilitation services as an intermediary instruments, commodities, currencies business is outside the main line with banks, financial institutions, and and their derivatives and to act as stock of business of the listed entity). non-banking financial companies, and commodity broker by acquiring including through digital platforms. membership of various stock and commodity exchange(s) in India or The acquisition is in the wholly owned elsewhere. subsidiary of the Company whose financials will be consolidated with the The acquisition is in the wholly owned Company at the end of each financial subsidiary of the Company whose year. financials will be consolidated with the Company at the end of each financial year. 5. Brief details of any governmental Not applicable Not applicable or regulatory approvals required for the acquisition. 6. Indicative time period for By August 10, 2026 in one or more By August 10, 2026 in one or more completion of the acquisition. tranches. tranches. ONE MOBIKWIK SYSTEMS LIMITED Registered Office: Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India. Ph: +91 (124) 490-3344 | CIN: L64201HR2008PLC053766 | www.mobikwik.com | cs@mobikwik.com 7. Nature of consideration – Cash Consideration Cash Consideration whether cash consideration or share swap or any other form and details of the same. 8. Cost of acquisition and/or the The Company intends to invest upto an The Company intends to invest upto price at which the shares are amount of INR 60,84,51,000/- (Rupees an amount of INR 1,00,00,000/- Sixty Crore Eighty-Four Lakh Fifty-One (Rupees One Crore Only), in one or acquired. Thousand Only), in one or more more tranches. tranches. 9. Percentage of shareholding / Since the target company is wholly Since the target company is wholly control acquired and / or owned subsidiary of the Company, post- owned subsidiary of the Company, post- number of shares acquisition, the Company will continue acquisition, the Company will continue acquired. to hold 100% stake in the target entity. to hold 100% stake in the target entity. 10. Brief background about the entity MDSPL was incorporated under the MSBPL was incorporated under the acquired in terms of products/line of Companies Act, 2013 on June 01, 2018 Companies Act, 2013 on March 03, business acquired, date of as a wholly owned subsidiary of the 2025 as a wholly owned subsidiary of incorporation, history of last 3 years Company. the Company. turnover, country in which the acquired entity has presence and MDSPL is in the business of providing MSBPL is in the business of dealing in any other significant information (in loan sourcing, distribution, and shares, stocks, securities, debt brief); facilitation services as an intermediary instruments, commodities, currencies with banks, financial institutions, and and their derivatives and to act as stock non-banking financial companies, and commodity broker by acquiring including through digital platforms. membership of various stock and commodity exchange(s) in India or The turnover of MDSPL for last 3 years elsewhere. is NIL. Since the MSBPL was incorporated on Country of presence of MDSPL: India March 3, 2025, its first financial year ended on March 31, 2026, during which the Company had a nil turnover. Country of presence of MSBPL: India ONE MOBIKWIK SYSTEMS LIMITED Registered Office: Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India. Ph: +91 (124) 490-3344 | CIN: L64201HR2008PLC053766 | www.mobikwik.com | cs@mobikwik.com