C.E. Info Systems Limited — Capital/Financing Update 2023

Sep 1, 2023

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September 01, 2023

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 1, 2023. Ref.: Regulation 30, 42 and other applicable provisions of 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, Friday, September 1, 2023 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 the following along with other agenda items:

1. Further acquisition of 35,000 CCPS at the price of Rs. 2571/- per CCPS constituting 18.62% on fully diluted basis of Kogo Tech Labs Private Limited aggregating to approx. Rs. 9.00 Crores. With this acquisition the total shareholding of the Company in Kogo Tech Labs Private Limited shall become 39.89% on fully diluted basis.

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 5:00 PM and concluded at 6:15 PM.

You are requested to take the same on your records.

Thanking You

Yours faithfully, For C.E. Info Systems Limited

Saurabh Digitally signed by Saurabh Surendra Surendra Somani Date: 2023.09.01 Somani 18:22:34 +05'30' Saurabh Surendra Somani Company Secretary & Compliance Officer

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Annexure A

Details as required to be disclosed under Regulation 30 read with SEBI Circular dated September 09, 2015:

S.No	Particulars	Details
1.	Name of the target entity, details in brief such assize, turnover etc.	Name: Kogo Tech Labs Private Limited;Turnover in INR Crores:FY 2021 – INR 0.36 CroresFY 2022 – INR 0.37 CroresFY 2023- INR 0.82 Crores
2.	Whether the acquisition would fall within relatedparty transactions and whether the promotergroup/ group companies have any interest in theentity being acquired? If yes, nature of interest anddetails thereof and whether the same is done at‘’arm’s length’’	No, the proposed acquisition does not fallwithin the ambit of related partytransaction(s).
3.	Industry towhichtheentitybeingacquired	Social Travel CommercePlatform
4.	Objects and impact 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 OEMsitsMapplsN-CASE(Navigation,ConnectedVehicle,ADAS&Autonomous Safety, Shared Mobility &Electric Mobility) Suite including itsmaps, software & IoT that goes built-in totheir vehicles, companion appsand cloud back-end systems. Millions ofvehicles, across 4-wheelers and 2-wheelers, including newage EVs, havebeen going built-in with MapmyIndia’sMappls N-CASE solution alreadythrough MapmyIndia’s partnership withalmost all leading Automotive OEMs.TheinvestmentwilldeepenMapmyIndia’sAutomotiveOEMportfolio, enabling in-vehicle commerce,discovery, community engagement andbrand stickiness. By integrating Kogo’ssocial travel commerce platform into theMappls N-CASE platform, MapmyIndiawillnowadditionallyprovidetoAutomotive OEMs across India and theworld,next-generationgamification,loyalty, engagement, community, content& commerce solutions. This would helpAutomotive OEMs deliver a premium andengaging user first approach totravel and

		experiences and enhanced technologyquotient to their vehicle owners.
5.	Brief details of any governmental or regulatoryapprovals required for the acquisition	No government approvalsrequired
6.	Indicative time period for completion of theacquisition	30 days
7.	Consideration- Whether cash consideration orshare swap or any other form and details of thesame	Cash
8.	Cost of acquisition and/or the price at which theshares are acquired	Acquisition of 35,000 CCPS at price ofRs. 2571/- aggregating to approx. Rs.9.00 Crores
9.	Percentage of shareholding/ control acquired and/or number of shares acquired	Increasing the stake of the Company to39.89% on fully diluted basis.
10.	Brief background of the entity acquired in termsof products/ line of business acquired, date ofincorporation, history of last 3 years turnover,country in which acquired entity has presence andany other significant information (in brief)	Kogo Tech Labs Private Limited wasincorporated on September 27, 2018 in theState of Delhi. The company’s website ishttps://www.kogotrips.com.KOGO is a Gamified Social TravelCommerce Platform where users earnKOGOCOIN as they step out, and canspend these on Hotels, Experiences,Services, Accessories and stores on theKOGO Marketplace.TheKOGOmarketplacehasover8,00,000+ Hotels, Experiences, Storesand service providers across the worldcurrently and continues to expand itsnetwork to maximize spend & burnopportunities for its users.KOGO is a subscription first platform thatenables subscribers to earn & burn 3xmore on their trips, experiences andadventures. This currency can bespent on KOGO’s large network of in-appand inplatform bookings, services andmarketplace.Along with its B2C App and website,KOGO also has a licensed B2B platformfor Automotive OEMS that enables in-vehicle commerce, discovery, communityengagement and hence brand stickiness.Turnover: As mentioned in Clause 1above.