KV TOYS : BOARD APPROVES 50% STAKE ACQUISITION IN PLAY PANDA

• H1 FY27 revenue at ₹102.74 Cr, up 27.70% (YOY) • Board approved acquisition of 50% stake in Play Panda Private Limited; completion subject to due diligence and definitive agreements • Play Panda offers educational toys, STEM learning aids, board games and art & craft kits • Indo Manufacturers LLP, the Company's 55% subsidiary, commenced operations in May 2026 with initial capacity of ~1.75 lakh units per month for plastic-moulded and metal-based toys • Operating metrics as on September 2026: 700+ active SKUs, 1,400+ active wholesalers, 30+ modern trade chains, 18+ states served • QUCO portfolio expanded across plastic impulse toys, educational toys, DIY kits, dolls, board games, stationery, bubble toys and outdoor play products; margins held despite West Asia conflict and higher input costs

K. V. Toys India Ltd

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