Annual Report of the Company for FY 2025-26.

Ref. No.: DAM/SE/021/2026-27 Date: August 13, 2026 To, To, BSE Limited National Stock Exchange of India P.J. Towers, Dalal Street, Exchange Plaza, Plot No. C-1, G Block, Mumbai – 400 001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 544316 NSE Symbol: DAMCAPITAL Subject: Annual Report of the Company for the Financial Year 2025-26. Dear Sir/ Madam, Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we are submitting herewith Annual Report of the Company for the financial year 2025-26, including the Business Responsibility and Sustainability Report, together with the Notice convening the 33rd Annual General Meeting of the Company, which is being sent to the Members through electronic mode, whose email ids are registered with the Company / Depositories / Depositories Participants/ Company’s Registrar and Share Transfer Agent (“RTA”) viz., MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited). Further, pursuant to Regulations 36(1)(b) of the SEBI Listing Regulations, the Company will be sending a letter to members whose email ids are not registered with Company/ Depositories/ Depositories Participants/ RTA, providing weblink from where the Annual Report can be accessed on the Company’s website. The Annual Report of the Company is also available on the Company’s website at www.damcapital.in. This is for your information and record. Thank you. Yours faithfully, For DAM Capital Advisors Limited Sonal Katariya Company Secretary and Compliance Officer Membership No.: A44446 Encl.: As Above. DAM Capital Advisors Limited Registered Office Address: PG 1 Gr Floor, Rotunda Bldg, Bombay Stock Exchange Building, Dala Street, Mumbai - 400001, Maharashtra, India. Corporate Office Address: Altimus 2202, Level 22, Pandurang Budhkar Marg, Worli, Mumbai 400018 India. Tel. 022-4202 2500. SEBI Reg. No. (Stock Broking – BSE Capital Markets / NSE Capital Markets / NSE Futures & Options): INZ000207137 SEBI Reg. No. (Research Analyst): INH000000131 │ SEBI Reg. No. (Merchant Banker): MB/INM000011336 CIN: L99999MH1993PLC071865 info@damcapital.in www.damcapital.in DAM Capital Advisors Limited Annual Report 2025-26 IT’S POSSIBLE! CORPORATE INFORMATION 03-33 CORPORATE OVERVIEW Board of Directors Mr. M V Nair Chairperson and Non-Executive, It’s Possible 03 Independent Director Mr. Rajendra Chitale Non-Executive, Independent Director Who We Are 04 Mr. Natarajan Srinivasan Non-Executive, Independent Director Vision, Mission and Values 05 Mr. Balram Singh Yadav Non-Executive, Independent Director Our Journey 06 Ms. Nithya Easwaran Non-Executive, Independent Director Mr. Dharmesh Mehta Managing Director & CEO What We Do 07 Geographic Reach 08 Key Managerial Personnel Business Overview 10 Mr. Hitesh Desai Chief Financial Officer Deals of the Year 11 Ms. Sonal Katariya Company Secretary & Compliance Officer The Year in Review 12 Statutory Auditors Strengths 14 M/s. KKC & Associates LLP Market Opportunity 15 Chairman’s Message 18 SEBI Registration Details Message from the Managing 22 Stock Brokers Registration No.: INZ000207137 Director and Chief Executive Officer NSE Cash; NSE F&O; NSE CD; BSE Cash; BSE F&O Corporate Social Responsibility 26 Merchant Bankers Registration No.: INM000011336 Board of Directors 30 Research Analyst Registration No.: INH000000131 BSE Enlistment No.: 5392 34 - 117 STATUTORY Registrar and Share Transfer Agent REPORTS MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) Unit: DAM Capital Advisors Limited Management Discussion & Analysis 34 C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400 083 Board’s Report 42 Website: www.in.mpms.mufg.com Corporate Governance Report 59 Investor Helpdesk Business Responsibility and Sustainability 84 Report Mobile No.: +91 8108116767 Tel. No.: 022 6656 8494 Email: investor.helpdesk@in.mpms.mufg.com 118 - 232 FINANCIAL AGM Date SECTION September 8th 2026 Standalone Financial Statements 118 Disclaimer Consolidated Financial Statements 175 This document contains statements about expected future events and financials of DAM Capital Advisors Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the 233-263 NOTICE assumptions, predictions and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward- looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking Notice 233 statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis of this Annual Report. Corporate Statutory Financial Overview Reports Section Notice It’s Possible! Possibility Defines Ambition. Execution Delivers Outcomes. Every successful enterprise begins with a possibility. The possibility to scale, transform and redefine the future. Yet possibility alone does not create success. It requires conviction to pursue a vision, innovation to shape it, knowledge and insight to chart the right course, expertise to navigate volatility and complexity, and discipline to execute with precision. At DAM Capital, disciplined execution transforms possibilities into outcomes. Every mandate is driven by rigorous analysis, deep sector expertise and trusted relationships. We approach each assignment with passion, ownership and an unwavering focus on delivering outcomes that create enduring value for our clients. As India’s capital markets continue to deepen and evolve, clients increasingly seek partners who can navigate complexity with confidence and provide clarity in an uncertain environment. This is where DAM Capital’s strength lies, from identifying opportunities and structuring transactions to executing them with precision, purpose and conviction. For us, every mandate is a mission. We bring the passion to pursue every possibility, the ownership to overcome every challenge and the discipline to deliver every outcome. That is why “It’s Possible” is more than a belief at DAM Capital. It’s our DNA! AAnnnnuuaall RReeppoorrtt 22002255--2266 || 33 WHO WE ARE WE ARE A LEADING INDIAN FULL-SERVICE INVESTMENT BANK. WE DELIVER AN INTEGRATED SUITE OF CAPITAL MARKET SOLUTIONS AND ADVISORY SERVICES. OUR CAPABILITIES SPAN EQUITY CAPITAL MARKETS, INSTITUTIONAL EQUITIES, MERGERS & ACQUISITIONS, PRIVATE EQUITY ADVISORY AND STRUCTURED FINANCE. WHAT SETS US APART WE OWN EVERY MANDATE FROM ORIGINATION TO COMPLETION, COMBINING DEEP MARKET EXPERTISE WITH DISCIPLINED EXECUTION TO DELIVER CONSISTENT OUTCOMES FOR OUR CLIENTS. OUR CLIENTELE OUR CLIENTELE INCLUDES CORPORATES, FINANCIAL SPONSORS, INSTITUTIONAL INVESTORS AND FAMILY OFFICES. 4 | DAM Capital Advisors Limited Corporate Statutory Financial Overview Reports Section Notice VISION, MISSION AND VALUES Vision Mission • Become the trusted partner renowned for To deliver best-in-class financial solutions delivering transformative financial solutions. across investment banking, institutional equities and structured finance. We are • Lead the financial services industry through committed to providing market-informed superior execution and innovation. advisory, collaborating with industry • Serve as the catalyst unlocking sustainable experts, and crafting innovative strategies growth for clients and the firm. and solutions that align with our clients’ unique needs and objectives. • Foster strong, lasting relationships with stakeholders including investors, regulators, and key market participants. Governance Framework Differentiated Purpose Risk control Discipline Trust Integrity Knowledge Intellectual Liquidity Focus Relati [Showing first 8,000 characters — download PDF for full document]