Physicswallah Limited — Capital/Financing Update 2026

Feb 5, 2026

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PHYSICSWALLAH LIMITED

Date: February 05, 2026

National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 India Scrip Code: 544609 Symbol: PWL

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 India

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations “ ” - and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) Incorporation of Wholly Owned Subsidiary Company.

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, this is to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, February 05, 2026, has inter alia , considered and approved incorporation of a Wholly Owned Subsidiary in India.

The detailed disclosure as required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure-1 .

The meeting of the Board of Directors commenced at 05:00 P.M. (IST) and concluded at 07:00 P.M. (IST)

This disclosure will also be hosted on the Company's website viz h�ps://www.pw.live/investor-rela�ons

Request you to kindly take the same on record.

Thank you.

Yours sincerely,

For Physicswallah Limited

AJINKYA Digitally signed by AJINKYA RAJEND RAJENDRA JAIN Date: 2026.02.05 RA JAIN 20:12:13 +05'30'

Ajinkya Jain

Membership No.: A33261

Physicswallah Limited (Formerly known as ‘Physicswallah Private Limited’) Plot No. B-8, Tower A 101-119, Noida One, Noida, Sector 62, Dadri, Gautam Buddha Nagar, Uttar Pradesh - 201309; CIN: U80900UP2020PLC129223; Contact: 0120-6618164; Website: www.pw.live; Email Id: compliance@pw.live

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PHYSICSWALLAH LIMITED

Annexure -1

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Sl. Particular Details
1. name of the entity, date & country of incorporation, Name : “ Physicswallah Student Housing
etc Private Limited ” or “ Physicswallah Student
Living Private Limited ” or such other name as
may be approved by the relevant authorities
Date of Incorporation: Not Applicable, as the
entity is yet to be incorporated.
Proposed Country of Incorporation : India
2. name of holding company of the incorporated Upon incorporation, the proposed company
company and relation with the listed entity; will be a Wholly Owned Subsidiary (“WOS”) of
Physicswallah Limited.
3. industry to which the entity being incorporated Hospitality Services
belongs;
4. brief background about the entity incorporated in The WOS is being established as a dedicated
terms of products / line of business; vertical with a focus on providing hostel
facilities to students enrolled with the
Physicswallah (“PW”) Group across
applicable cities.
5. brief details of any governmental or regulatory No, except approval of competent authority,
approvals required for the incorporation; if required.
6. nature of consideration - whether cash consideration 100% subscription to the share capital in
or share swap and details of the same cash.
7. cost of subscription / price at which the shares are INR 1,00,000/- (Indian Rupees One Lakh Only)
subscribed; comprising of 10,000 (Ten Thousand) equity
shares of INR 10 (Indian Rupees Ten Only).
8. percentage of shareholding / control by the listed The Company along with its nominee will
entity and / or number of shares allotted. subscribe 100% share capital of the proposed
WOS.
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Physicswallah Limited (Formerly known as ‘Physicswallah Private Limited’) Plot No. B-8, Tower A 101-119, Noida One, Noida, Sector 62, Dadri, Gautam Buddha Nagar, Uttar Pradesh - 201309; CIN: U80900UP2020PLC129223; Contact: 0120-6618164; Website: www.pw.live; Email Id: compliance@pw.live