GNG Electronics Limited — Capital/Financing Update 2026

Feb 18, 2026

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February 18, 2026

To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, Bandra Phiroze Jeejeebhoy Towers, Kurla Complex, Bandra (E), Mumbai 400051 Dalal Street, Mumbai – 400001 NSE Symbol - EBGNG Scrip Code – 544455

Sub: Intimation of Press Release

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed herewith the Press Release dated February 18, 2026, titled “ GNG Electronics Limited Announces Strategic Distribution Partnerships with Ingram Micro India Pvt. Ltd. and Supertron Electronics Pvt. Ltd. to Accelerate Nationwide Expansion of Refurbished ICT Solutions. ”

Please take the above information on record.

FOR GNG ELECTRONICS LIMITED

Digitally signed by SARITA SARITA TUFANI TUFANI VISHWAKARMA VISHWAKARMA Date: 2026.02.18 18:28:30 +05'30'

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Sarita Vishwakarma Company Secretary & Compliance officer Membership No. A59547

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Press Release

GNG Electronics Limited Announces Strategic Distribution Partnerships with Ingram Micro India Pvt. Ltd. and Supertron Electronics Pvt. Ltd. to Accelerate Nationwide Expansion of Refurbished ICT Solutions

Mumbai, India | 18th Feb 2026: GNG Electronics Limited (“GNG” or “the Company”), a leading refurbisher of enterprise-grade ICT devices, has entered into separate strategic distribution partnerships with Ingram Micro India Pvt. Ltd. and Supertron Electronics Pvt. Ltd.[1] for the nationwide distribution of its refurbished computers across India. These two partnerships mark a significant milestone in the Company’s efforts to further formalize and scale the organized refurbished ICT segment through structured, pan-India channel access.

Under this collaboration, Ingram Micro India and Supertron Electronics will distribute GNG’s range of professionally refurbished laptops, desktops and enterprise computing systems under the Company’s proprietary brand ‘Electronics Bazaar’. The association is expected to expand GNG’s reach across Tier 1, Tier 2 and Tier 3 markets in India, deepen enterprise and institutional penetration, and strengthen access to warranty-backed refurbished systems through established ICT distribution networks.

India’s refurbished ICT market has historically operated through fragmented and unorganized channels. The onboarding of two of India’s leading ICT distribution organizations further represents another important step toward institutionalizing the category and integrating professionally refurbished devices into mainstream ICT procurement cycles. By leveraging the established channel relationships, reseller networks and enterprise reach of Ingram Micro India and Supertron Electronics, GNG aims to accelerate structured adoption of refurbished computers while reinforcing supply continuity, consistent quality standards and dependable warranty backed after-sales support.

The broader industry environment has supported increasing adoption of refurbished computers. Rising component costs, supply-side adjustments in the new PC market, and evolving enterprise procurement strategies have contributed to growing interest in professionally refurbished systems as a cost-efficient and scalable alternative. In this context, refurbished ICT devices are increasingly being integrated into structured procurement frameworks.

Through these partnerships, GNG expects to enhance distribution velocity, improve geographic penetration, and further embed its products within organized channel ecosystems. The Company remains focused on disciplined execution and sustained category leadership as it continues to scale within the organized refurbished ICT segment.

1 in alphabetical order

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About GNG Electronics Limited

GNG Electronics Limited is India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India with significant presence across India, USA, Europe, Africa and UAE, in terms of value, as of March 31, 2025. The company follows a repairover-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties. With a strong presence across India, the USA, Europe, Africa, and the UAE, the company refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs including laptops, desktops, tablets, servers, premium smartphones, workstations, and accessories.

About Ingram Micro India Pvt Ltd

Ingram Micro India Pvt Ltd is a leading technology distributor in India and part of the global Ingram Micro ecosystem. The company enables the technology supply chain through a broad distribution network, strong channel relationships, and market access across enterprise, small and medium businesses and institutional segments. Ingram Micro India works with a wide range of technology vendors and solution providers, supporting distribution, logistics and value-added capabilities across the ICT ecosystem.

About Supertron Electronics Pvt Ltd

Supertron Electronics Pvt Ltd is a leading ICT distribution and services organization with a wide presence across India. The company maintains longstanding channel relationships and distribution capabilities spanning computing products, IT hardware and related technology categories. Supertron’s pan-India reach and channel engagement enable it to support enterprise, institutional and reseller procurement requirements.

For more information, please visit www.electronicsbazaar.com

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For further information please contact:	For further information please contact:	For further information please contact:	For further information please contact:
	GNG Electronics LimitedMr. Rohit Agarwalrohit.agarwal@electronicsbazaar.com		Investor Relations Advisors,Adfactors PRMr. Sumit Kinikar/ Ms. Mamta Samatsumit.kinikar@adfactorspr.com/mamta.samat@adfactorspr.com
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Cautionary statement concerning forward-looking statements:

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.