Physicswallah Limited has informed the exchange regarding Acquisition

PHYSICSWALLLL AHH LIMITED Date: August 14, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 India Mumbai – 400 001 India Scrip Code: 544609 Symbol: PWL Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Acquisition of stake in Bharat Innovations Global Private Limited Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, this is to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Friday, August 14, 2026, has, inter alia, considered and approved the execution of definitive document(s) with NSDC International Limited (“NSDCI”) providing for the acquisition of 1000 equity shares representing 10% of the fully diluted equity share capital of Bharat Innovations Global Private Limited (“BIGPL”), thereby resulting in an increase in the Company’s shareholding in BIGPL from 90% to 100%. Consequently, BIGPL will become a wholly owned subsidiary of the Company upon completion of the proposed acquisition. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure-I. The meeting of the Board of Directors of the Company commenced at 02:30 P.M. (IST) and concluded at 04:50 P.M. (IST). This disclosure will also be hosted on the Company's website viz h(cid:425)ps://www.pw.live/investor-rela(cid:415)ons Request you to kindly take the same on record. Thank you. Yours sincerely, For Physicswallah Limited Ajinkya Jain Group General Counsel, Company Secretary & Compliance Officer Membership No.: A33261 Physicswallah Limited (Formerly known as ‘Physicswallah Private Limited’) Plot No. B-8, Tower A 101-119, Noida One, Noida, Sector 62, Dadri, Gautam Buddha Nagar, Uttar Pradesh - 201309; CIN: L80900UP2020PLC129223; Contact: 0120-6618164; Website: www.pw.live; Email Id: compliance@pw.live PHYSICSWALLLL AHH LIMITED Annexure - I Sl. Par(cid:415)cular Details 1 Name of the Target Company, details in brief Name: Bharat Innova(cid:415)on Global Private Limited such as size, turnover, etc ("BIGPL") Paid-up Share Capital: INR 1,00,000 Turnover: INR 16,51,548 Net worth: INR (66,90,740) 2 Whether the acquisi(cid:415)on would fall within The transac(cid:415)on is being undertaken between the related party transac(cid:415)on(s) and whether the Company and NSDCI, an exis(cid:415)ng shareholder of promoter/ promoter group/ group BIGPL, and does not fall within the ambit of a companies have any interest in the en(cid:415)ty related party transac(cid:415)on. being acquired? If yes, nature of interest and details thereof and whether the same is done The Promoter, Promoter Group and Group at “arm’s length” Companies of the Company have no interest in BIGPL, other than through the Company’s exis(cid:415)ng shareholding in BIGPL. 3 Industry to which the en(cid:415)ty being acquired Educa(cid:415)on Industry belongs; BIGPL is principally engaged in the business of educa(cid:415)on by providing online and offline coaching. 4 Objects and impact of acquisi(cid:415)on (including The proposed acquisi(cid:415)on is intended to but not limited to, disclosure of reasons for consolidate the Company’s shareholding in BIGPL acquisi(cid:415)on of target en(cid:415)ty, if its business is by acquiring the 10% equity shares previously outside the main line of business of the listed transferred to NSDCI. Upon comple(cid:415)on of the en(cid:415)ty); proposed acquisi(cid:415)on, BIGPL will become a wholly owned subsidiary of the Company. 5 Brief details of any governmental or Not Applicable regulatory approvals required for the acquisi(cid:415)on; 6 Indica(cid:415)ve (cid:415)me period for comple(cid:415)on of the The proposed acquisi(cid:415)on is expected to be acquisi(cid:415)on; completed within six months from the date of approval by the Board. 7 Considera(cid:415)on - whether cash considera(cid:415)on Not Applicable or share swap or any other form and details of the same; 8 Cost of acquisi(cid:415)on and/or the price at which There will be no considera(cid:415)on payable for the shares are acquired; consumma(cid:415)ng the acquisi(cid:415)on of the 10% equity shares of BIGPL, pursuant to the mutually agreed terms governing the cancella(cid:415)on of the Shareholders’ Agreement and the consequen(cid:415)al obliga(cid:415)ons thereunder. 9 Percentage of shareholding / control The Company will reacquire 10% of the equity acquired and / or number of shares acquired; shares of BIGPL. Upon comple(cid:415)on of the proposed reacquisi(cid:415)on, the Company’s shareholding in BIGPL will increase from 90% to 100% Physicswallah Limited (Formerly known as ‘Physicswallah Private Limited’) Plot No. B-8, Tower A 101-119, Noida One, Noida, Sector 62, Dadri, Gautam Buddha Nagar, Uttar Pradesh - 201309; CIN: L80900UP2020PLC129223; Contact: 0120-6618164; Website: www.pw.live; Email Id: compliance@pw.live PHYSICSWALLLL AHH LIMITED 10 Brief background about the en(cid:415)ty BIGPL was incorporated as a Private Limited acquired in terms of products/line of Company on November 26, 2024, under business acquired, date of incorpora(cid:415)on, Companies Act, 2013. history of last 3 years turnover, country in which the acquired en(cid:415)ty has It is engaged in the business of collabora(cid:415)ng with presence and any other significant government bodies, educa(cid:415)onal ins(cid:415)tu(cid:415)ons and informa(cid:415)on (in brief); other organisa(cid:415)ons for promo(cid:415)ng and advancing educa(cid:415)on across India. The turnover of the Company for the last three financial years is provided below: Year Turnover (In Crore) F.Y. 2023-24 Not Applicable F.Y. 2024-25 0.00 F.Y. 2025-26 0.16 Physicswallah Limited (Formerly known as ‘Physicswallah Private Limited’) Plot No. B-8, Tower A 101-119, Noida One, Noida, Sector 62, Dadri, Gautam Buddha Nagar, Uttar Pradesh - 201309; CIN: L80900UP2020PLC129223; Contact: 0120-6618164; Website: www.pw.live; Email Id: compliance@pw.live