C.E. Info Systems Limited — Important, 02-01-2025: Updates

The percentage of holding by C.E. Info Systems Limited in its associate company, Indrones Solutions Private Limited (ISPL), has been diluted to 19.97% following the allotment of Convertible Compulsory Preference Shares (CCPS) to identified shareholders. As a result, ISPL is no longer considered an associate of C.E. Info Systems since December 30, 2024. This change in ownership could impact the strategic affiliations and operational synergies previously enjoyed by C.E. Info Systems, warranting close observation of future developments and their implications on the company's business strategy and market positioning.