Statement of deviation(s) or variation(s) under Reg. 32

Statement of deviation(s) or variation(s) under Reg. Was no deviation or variation in the use of proceeds of funds raised through Rights Issue of Equity Shares. (Formerly known as Infibeam Avenues Limited).

Existing holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.

• Rights ratio and issue price
• Record date and subscription window
• Promoter intention to subscribe
• Targeting 12-15% international contribution to Payment’s Net Revenue by FY28 (management committed by FY28)
• Saudi expected to be fully operational in FY26 (management committed by FY26)