EMKAY : MOVES WEALTH MANAGEMENT BUSINESS UNDER WHOLLY OWNED ECPL

• Board approved transfer of 100% shareholding held in EIML and EWAL to Emkay Capital Private Limited (ECPL) • Wealth management business of the company transferred to EWAL, including distribution, referral and related activities • ECPL, incorporated on 24 August 2026, stays a 100% subsidiary of Emkay Global Financial Services; ECPL will hold 100% in EIML and EWAL • EIML is a SEBI-registered PMS provider and runs two Category III AIFs; EWAL is a SEBI-registered investment advisor • Restructuring is an internal re-organisation with no capital outflow; underlying economic benefits remain within the company Impact: Neutral (Simplifies group structure and sharpens focus on wealth and investment management, but no cash inflow or earnings change stated)

Emkay Global Financial Services Ltd

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