Acquisition

EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hootagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com August 28, 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, Dalal Street, Mumbai – 400001, Bandra (East), Mumbai – 400051, Maharashtra, India. Maharashtra, India. Scrip Code: 544617 Scrip Symbol: EXCELSOFT ISIN: INE606N01019 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) with respect to intimation of incorporation of a Wholly Owned Subsidiary (“WOS”) in Canada. Dear Sir/Madam, In continuation of our earlier disclosure dated August 07, 2026, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), and pursuant to the approval accorded by the Board of Directors of Excelsoft Technologies Limited (“the Company”) for incorporation of a Wholly Owned Subsidiary (“WOS”) in Canada, we hereby inform you that the said WOS has been incorporated in Canada on August 27, 2026, under the name and style of “Excelsoft Technologies Canada Ltd.”. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A. Details as required to be disclosed as per BSE Limited’s Circular No. 20230714-34 dated July 14, 2023, and National Stock Exchange of India Limited’s Circular No. NSE /CML/2023/57 dated July 14, 2023, are as under: 1 Date of occurrence of Event / Information: August 28, 2026 2 Time of occurrence of Event/ Information: 10:35 (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 Page | 1 EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hootagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com ANNEXURE A DISCLOSURE AS PER REGULATION 30 OF THE LISTING REGULATIONS READ WITH SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED JANUARY 30, 2026 Sl. Particulars Description a. Name of the target entity, details in brief Name of the WOS incorporated: Excelsoft Technologies such as size, turnover etc. Canada Ltd. Name of the Holding Company: Excelsoft Technologies Limited (“the Company”) Country of incorporation: Canada Date of Incorporation of WOS: August 27, 2026 Charter Capital: NIL Size/ Turnover: Not Applicable as the WOS is newly incorporated company Directors of the WOS: 1. Mrs. Shruthi Sudhanva 2. Mr. Doreswamy Palaniswamy b. Whether the acquisition (incorporation) The entity incorporated would be WOS of the Company and would fall within related party the WOS will be a related party of the Company. transaction(s) and whether the promoter/ promoter group/ group companies have any The newly incorporated WOS has common directors with the interest in the entity being acquired? Company. If yes, nature of interest and details thereof Mrs. Shruthi Sudhanva, Promoter and Whole-time Director of and whether the same is done at “arm’s the Company, is a director of the newly incorporated WOS. length” Further, Mr. Doreswamy Palaniswamy, Chief Executive Officer of the Company, is a director of the newly incorporated WOS. Accordingly, they are interested in the proposed transaction to the extent of their directorship in the WOS. The proposed transaction has been reviewed and approved by the Audit Committee and the Board of Directors of the Company and is proposed to be undertaken on an arm’s length basis. The Company and its subsidiaries are interested in the proposed transaction/business activity. The Promoters and Promoter Group are interested in the transaction to the extent of their shareholdings in the Company. c. Industry to which the entity being Information Technology (IT) Enabled Services incorporated belongs d. Objects and impact of acquisition The proposed acquisition (incorporation) of the newly (incorporation) (including but not limited incorporated Canadian WOS is intended to facilitate the to, disclosure of reasons for acquisition of Company’s business operations and support its expansion in the Canadian and broader North American markets. The Page | 2 EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: L72900KA2000PLC027256 1-B, Hootagalli Industrial Area, Mysuru - 570 018, Karnataka, India 0821-4002200 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com target entity, if its business is outside the activities of the Canadian Company are aligned with and main line of business of the listed entity) complementary to the principal business activities of the Company and are expected to strengthen its presence and business opportunities in the region. e. Brief details of any governmental or Not applicable regulatory approvals required for the acquisition (incorporation) f. Indicative time period for completion of the The Company will update the Stock Exchanges through a acquisition (incorporation) subsequent intimation. (Within 12 Months) g. Consideration - whether cash consideration Cash Consideration or share swap or any other form and details of the same h. Cost of acquisition and/ or price at which the The details will be updated upon completion of the acquisition shares are acquired of the Company's entire share capital. i. Percentage of shareholding / control Excelsoft Technologies Limited will hold 100% (One acquired and / or number of shares acquired Hundred Percent) of the shareholding in the Excelsoft Technologies Canada Ltd. j. Brief background about the entity acquired Excelsoft Technologies Canada Ltd. will serve as a Business in terms of products/line of business Development and Sales hub and will also provide software acquired, date of incorporation, history of development services to the local customers there. last 3 years turnover, country in which the acquired entity has presence and any other Date of Incorporation: August 27, 2026 significant information (in brief) Turnover – NIL Excelsoft Technologies Canada Ltd. is incorporated in Canada and is yet to commence its business operations. Country of incorporation: Canada. 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