PINELABS : INVESTS RS 24.99 CR IN WHOLLY OWNED UNIT VIA RIGHTS ISSUE

• Invests ₹24.99 Cr in 49,869 equity shares of Synergistic Financial Networks Pvt Ltd (SFNPL) via rights issue • SFNPL remains a wholly owned subsidiary; no change in Pine Labs' shareholding percentage • Consideration is cash; transaction completed on October 21, 2026 • Proceeds to fund SFNPL working capital, support growth opportunities and further investments in its step-down subsidiaries • SFNPL is in fintech - payment processing, end-to-end technology solutions and transaction infrastructure; FY26 turnover ₹189.75 Cr v ₹198.39 Cr (FY25) Impact: Neutral (Capital infusion into existing WOS strengthens subsidiary funding without changing ownership or consolidated stake)

Pine Labs Limited

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