ESDS Software Solution Limited

• Purchase and installation of cloud computing and other equipment and infrastructure for our Relevant Data Centres₹576 Cr
• General corporate purposes

Except as stated below, there are no outstanding (i) criminal proceedings; (ii) actions by regulatory authorities and statutory authorities (including all penalties and show cause notices); (iii) claims relating to direct and indirect taxes; and (iv) other material outstanding proceedings including arbitration proceedings involving the Company, its Promoters, Subsidiaries and Directors. There are no disciplinary actions including penalties imposed by SEBI or stock exchanges against the Promoters in the last five Fiscals. There are no outstanding (i) criminal proceedings involving the Key Managerial Personnel and members of Senior Management; or (ii) actions by statutory and regulatory authorities against the Key Managerial Personnel and members of Senior Management.

• Our cloud computing infrastructure may become obsolete due to the development of new systems to deliver power to or eliminate heat from the servers or as a result of the development of new server technology. In addition, our power and cooling systems are difficult and expensive to upgrade. Accordingly, we may not be able to efficiently upgrade or change these systems to meet new demands without incurring significant costs that we may not be able to pass on to our customers.(Technology & Infrastructure)

• Our revenue, directly or indirectly, from government entities and government projects represented 27.37%, 29.52%, and 34.04% of our revenue from operations for Fiscals 2026, 2025 and 2024, respectively. Any changes in government policies or budgetary allocations or our ability to satisfy eligibility and selection criteria in relation to outsourcing of services may adversely affect our business, financial condition, results of operations and cash flows.(Regulatory & Policy)

• ESDS Cloud FZ-LLC, our Company’s subsidiary, had a loss of ₹40.46 million and ₹60.19 million for Fiscals 2025 and 2024, respectively. These losses represented (7.28%) and (44.23%) of our profit for the year for Fiscals 2025 and 2024, respectively. Although ESDS Cloud FZ-LLC had a profit for the year of ₹54.62 million for Fiscal 2026, there can be no assurance that ESDS Cloud FZ-LLC will not incur a loss for the year in the future.(Subsidiary Performance)

• If ESDS Cloud FZ-LLC were to experience a loss for the year over continuous fiscal years, especially if the losses were large, its ability to operate its business as a going concern may be adversely affected, which may require it to raise additional financing, which may not be available, and it would adversely affect our consolidated financial condition, results of operations and cash flows.(Subsidiary Performance)

• In addition, our Company could lose its investment in ESDS Cloud FZ-LLC and may not repay the money it has lent to ESDS Cloud FZ-LLC, which would have an adverse effect on its financial condition on a standalone basis.(Subsidiary Performance)

• Our future success depends on our ability to continue to innovate and increase customer adoption of our platform in these and other areas. We need to continue to evaluate our product and service offerings and invest in technologies, services, and partnerships that increase the types of data processed on our platform and the ease with which customers can ingest data into our platform. This may require significant investments, take considerable time and ultimately may not be successful.(Technology & Innovation)

• If we are unable to enhance our platform or offerings to keep pace with these rapidly evolving customer requirements, or if new technologies emerge that are able to deliver competitive products or services at lower prices, more efficiently, more conveniently, or more securely than our platform, our business, financial condition, results of operations and cash flows could be materially adversely affected.(Technology & Innovation)

• As at June 30, 2026, our R&D team comprised 87 members. Our R&D expenses primarily comprise employee salaries.(Technology & Innovation)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.