Keynote Financial Services Limited — Important, 03-09-2025: Disclosure of material issue

Keynote Financial Services' material subsidiary, Keynote Capital, has approved a key group restructuring.

**What's Happening:** Keynote Capital's associate, Maple Leaf Trading & Services (engaged in financial instruments trading, with FY25 Turnover of 12.82 Cr and PAT of 9.01 Cr), along with Siddha Midcity Private Limited (real estate activities), will merge into Bela Properties Private Limited (also primarily engaged in real estate activities, with FY25 PAT of 3.53 Cr).

**Why it Matters (Impact):** This merger aims to streamline the group structure by consolidating various holdings, reducing the number of legal entities and compliance burdens, and rationalizing costs. The combined Bela Properties is expected to achieve greater size, scale, and financial strength, enabling it to undertake larger projects and enhance future business potential, ultimately maximizing overall shareholder value.

**For Keynote Investors:** This is an internal group optimization. Keynote Financial Services' own shareholding pattern remains unchanged as it is not a direct party to this merger. The proposed merger is subject to requisite regulatory approvals. #KeynoteFinancial #GroupRestructuring #EfficiencyBoost