C.E. Info Systems Limited — Capital/Financing Update 2022

Sep 14, 2022

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Maps I APls I Navigation I Tracking I GIS

September 14, 2022

The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 BSE SCRIP Code: 543425 NSE Symbol: MAPMYINDIA

Subject: Outcome of the Board Meeting held on September 14, 2022.

Ref.: Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Madam / Sir,

This is to inform you that the Meeting of Board of Directors of the Company was held today, Wednesday, September 14, 2022 through VC/OAVM mode at its Registered Office situated at 237, Okhla Industrial Estate, Phase III, New Delhi 110020. The Board has considered and approved Acquisition of 26.37% stake on fully diluted basis ofKogo Tech Labs Private Limited for INR 10.00 Crore, with an option to raise the stake to 50% within 2 years. The details, as required to be disclosed under aforesaid Regulation 30 read with SEBI Circular dated September 9, 2015, are also enclosed as Annexure A.

Meeting commenced at 6.30 PM and concluded at 7:30 P.M.

Kindly acknowledge the receipt of the same.

Thanking you.

Yours faithfully, For C.E. Info Systems Limite A� �urabh Surendra Somani * & Oc;ompany Secretary Compliance Officer

C.E. INFO SYSTEMS LIMITED

(Previously Known as C.E. Info Systems Pvt Ud)

237, Okhla Industrial &tale, Phase· Ill, New Delhi 110020, Digital Address: eloc.me/mmiOOO, Email: contact@mapmyindia.com, Website: WWW.map '>/ ia.com, Phone: +91-11-4600 9900, CIN: L74899DL1995PLC065551, A CMMI & ISO 9001:2008 Certified Company

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Annexure A

Sr.No.	Particulars in respect of the Event	Details/ Information of the Event
1.	Name of the target entity, details in briefsuch as size, turnover etc.	**Name: **Kogo Tech Labs Private LimitedTurnover in INR Crores:FY 2020 – INR 0.14 CroresFY 2021 – INR 0.36 CroresFY 2022–INR 0.37 Crores
2.	Whether the acquisition would fall withinrelated party transaction(s) and whether thepromoter/ promoter group/ group companieshave any interest in the entity beingacquired? If yes, nature of interest and detailsthereof and whether the same is done at“arm’s length”;	No, the proposed acquisition does not fall withinthe ambit of related party transaction(s).
3.	Industry to which the entity being acquiredbelongs.	Social Travel Commerce Platform
4.	Objects and effects of acquisition (includingbut not limited to, disclosure of reasons foracquisition of target entity, if its business isoutside the main line of business of the listedentity);	MapmyIndia offers to Automotive OEMs its MapplsN-CASE (Navigation,Connected Vehicle,ADAS& Autonomous Safety,Shared Mobility &ElectricMobility) Suite including its maps, software & IoTthat goes built-in to their vehicles, companion appsand cloud back-end systems. Millions of vehicles,across 4-wheelers and 2-wheelers, including new-ageEVs,havebeengoingbuilt-inwithMapmyIndia’s Mappls N-CASE solution alreadythrough MapmyIndia’s partnership with almost allleading Automotive OEMs.TheinvestmentwilldeepenMapmyIndia’sAutomotive OEM portfolio, enabling in-vehiclecommerce, discovery, community engagement andbrand stickiness. By integrating Kogo’s social travelcommerce platform into the Mappls N-CASEplatform, MapmyIndia will now additionallyprovide to Automotive OEMs across India and theworld,next-generationgamification,loyalty,engagement, community, content & commercesolutions. This would help Automotive OEMsdeliver apremium and engaginguser first approach

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		MAPPLS
		to travel and experiences and enhanced technologyquotient to their vehicle owners.
5.	Brief details of any governmental orregulatory approvals required for theacquisition	No government approvals required
6.	Indicative time period for completion of theacquisition	7 days
7.	Nature of consideration - whether cashconsideration or share swap and details of thesame	Cash
8.	Cost of acquisition or the price at which theshares are acquired	INR 10 Crores
9.	Percentage of shareholding / control acquiredand / or number of shares acquired;	Acquisition of 26.37% stake, with an option toraise the stake to 50% within a period of 2 years
10.	Brief background about the entity acquired interms of products/line of business acquired,date of incorporation, history of last 3 yearsturnover, country in which the acquiredentity has presence and any other significantinformation	Kogo Tech Labs Private Limited was incorporatedon September 27, 2018 in the State of Delhi. Thecompany’s website is https://www.kogotrips.com.KOGO is a Gamified Social Travel CommercePlatform where users earn KOGOCOIN as theystep out, and can spend these on Hotels,Experiences, Services, Accessories and stores onthe KOGO Marketplace.The KOGO marketplace has over 8,00,000+Hotels, Experiences, Stores and service providersacross the world currently and continues to expanditsnetworktomaximizespend&burnopportunities for its users.KOGO is a subscription first platform that enablessubscribers to earn & burn 3x more on their trips,experiences and adventures. This currency can bespent on KOGO’s large network of in-app and in-platform bookings, services and marketplace.Along with its B2C App and website, KOGO alsohas a licensed B2Bplatform for Automotive

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OEMSthatenables	in-vehicle	commerce,
discovery, community	engagement	and hence
brand stickiness.
Turnover: As mentioned	in Clause 1	above.