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 as size, turnover etc.	Name: Kogo Tech Labs Private Limited; Turnover in INR Crores: FY 2021 – INR 0.36 Crores FY 2022 – INR 0.37 Crores FY 2023- INR 0.82 Crores
2.	Whether the acquisition would fall within related party transactions and whether the promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at ‘’arm’s length’’	No, the proposed acquisition does not fall within the ambit of related party transaction(s).
3.	Industry towhichtheentitybeingacquired	Social Travel Commerce Platform
4.	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	MapmyIndia offers to Automotive OEMs its Mappls N-CASE (Navigation, Connected Vehicle, ADAS & Autonomous Safety, Shared Mobility & Electric Mobility) Suite including its maps, software & IoT that goes built-in to their vehicles, companion apps and cloud back-end systems. Millions of vehicles, across 4-wheelers and 2- wheelers, including newage EVs, have been going built-in with MapmyIndia’s Mappls N-CASE solution already through MapmyIndia’s partnership with almost all leading Automotive OEMs. The investment will deepen MapmyIndia’s Automotive OEM portfolio, enabling in-vehicle commerce, discovery, community engagement and brand stickiness. By integrating Kogo’s social travel commerce platform into the Mappls N-CASE platform, MapmyIndia will now additionally provide to Automotive OEMs across India and the world, next-generation gamification, loyalty, engagement, community, content & commerce solutions. This would help Automotive OEMs deliver a premium and engaging user first approach totravel and

		experiences and enhanced technology quotient to their vehicle owners.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	No government approvals required
6.	Indicative time period for completion of the acquisition	30 days
7.	Consideration- Whether cash consideration or share swap or any other form and details of the same	Cash
8.	Cost of acquisition and/or the price at which the shares are acquired	Acquisition of 35,000 CCPS at price of Rs. 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 to 39.89% on fully diluted basis.
10.	Brief background of the entity acquired in terms of products/ line of business acquired, date of incorporation, history of last 3 years turnover, country in which acquired entity has presence and any other significant information (in brief)	Kogo Tech Labs Private Limited was incorporated on September 27, 2018 in the State of Delhi. The company’s website is https://www.kogotrips.com. KOGO is a Gamified Social Travel Commerce Platform where users earn KOGOCOIN as they step out, and can spend these on Hotels, Experiences, Services, Accessories and stores on the KOGO Marketplace. The KOGO marketplace has over 8,00,000+ Hotels, Experiences, Stores and service providers across the world currently and continues to expand its network to maximize spend & burn opportunities for its users. KOGO is a subscription first platform that enables subscribers to earn & burn 3x more on their trips, experiences and adventures. This currency can be spent on KOGO’s large network of in-app and inplatform bookings, services and marketplace. Along with its B2C App and website, KOGO also has a licensed B2B platform for Automotive OEMS that enables in- vehicle commerce, discovery, community engagement and hence brand stickiness. Turnover: As mentioned in Clause 1 above.