VEDAVAAG : INVESTS RS 75 L IN WHOLLY OWNED SUBSIDIARY VFIBSPL VIA RIGHTS ISSUE

• Company subscribes 7,50,000 equity shares of ₹10 each in Vedavaag Financial Insurance Broking Services (VFIBSPL) on rights basis • Investment of ₹75 L (75,00,000) in cash; shareholding in VFIBSPL remains unchanged • VFIBSPL continues to be a wholly owned subsidiary; no change in percentage of shareholding or control • VFIBSPL is in insurance agency and broking services; IRDAI granted in-principle approval to act as a Direct Insurance Broker (Life and General) on October 07, 2026 • VFIBSPL incorporated on 19/04/2021; turnover fell to ₹1,254 in FY26 from ₹30,628 in FY25 and ₹50,216 in FY23-24

VEDAVAAG Systems Ltd

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