NCL Research & Financial Services Board Meeting Rights Issue

Key Dates

• Date of Disclosure Filing: August 17, 2026
• Scheduled Board Meeting Date: August 21, 2026
• Reference to Prior Board Meeting: February 23, 2026

Purpose and Agenda of Board Meeting

The primary purpose of the scheduled board meeting is to consider and approve various matters pertaining to a proposed Rights Issue by the company. The specific agenda items include:

• Consideration and approval of the issue price for the proposed Rights Issue.
• Consideration and approval of the issue size for the proposed Rights Issue.
• Consideration and approval of the Exchange Ratio / Rights entitlement ratio.
• Fixing the Record Date to ascertain the eligible shareholders entitled to participate in the Rights Issue.
• Determination of the issue opening date, issue closing date, and the last date for market renunciation of rights entitlements.
• Taking on record and adopting the requisite offering documents, namely the Letter of Offer (LOF), Abridged Letter of Offer (ALOF), Rights Entitlement Letter (REL), and Composite Application Form (CAF).
• Consideration of any other matter incidental or connected to the Rights Issue.

Context and Background

The notice is issued in furtherance of the outcome of a previous Board of Directors meeting held on February 23, 2026, indicating the Rights Issue was initially contemplated at that time.

Parties Involved

• Issuing Company: NCL Research & Financial Services Limited (Scrip Code: 530557)
• Regulatory Recipient: BSE Limited, Department of Corporate Services
• Authorized Signatory: Goutam Bose, Managing Director (DIN: 02504803)

Financial Impact

Financial impact, including the specific issue size or price, is not quantified in this disclosure. The meeting agenda is to determine these figures.