UPSURGE : BOARD APPROVES FUND RAISE UP TO RS 20 CR

• Board approved raising additional capital to the extent of ₹20 Cr • Instruments may include equity shares, convertible or non-convertible securities of any description, warrants or debt securities • Routes include preferential issue, private placements, rights issue or any combination thereof • Raise is subject to regulatory and statutory approvals including shareholder approval • Board also approved appointment of Mr. Manish Kabra as Chief Financial Officer (KMP) with effect from November 5, 2026 • Board approved unaudited standalone financial results for the quarter and half year ended September 30, 2026, with the copy of results submitted separately Impact: Neutral (Enabling approval for up to ₹20 Cr with no instrument terms or pricing disclosed; Q2 numbers are not part of this filing)

Upsurge Investment & Finance Ltd

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