Vakrangee Limited — Capital/Financing Update 2025

Aug 1, 2025

Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669``

==> picture [199 x 57] intentionally omitted <==

VKL/C&L/2025/54

August 1, 2025

To,

Department of Corporate Relationship Corporate Relationship Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code – 511431 Symbol - VAKRANGEE

Sub.: VORTEX ENGINEERING SIGNS SERVICE LEVEL AGREEMENT WITH UCO BANK FOR 300 NEW ATM MACHINES

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we would like to inform you that Vortex Engineering Private Limited (Vortex), a subsidiary Company of Vakrangee Limited, has entered into a service level agreement with UCO Bank. Under this agreement Vortex will provide end-to-end solutions for 300 New ATMs over a period of seven years, with a total contract value of Rs.12.81 Crore. The detailed intimation in this regard is enclosed herewith as Annexure I.

Further, the details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure II .

Kindly take the above information on your record.

Thanking you,

Yours faithfully,

For Vakrangee Limited

Digitally signed by AMIT VIJAY GADGIL DN: c=IN, o=PERSONAL, title=5553, pseudonym=d1c4d731645648e2bd78467 AMIT VIJAY 56323dd37, 2.5.4.20=98c6d69eeddb1d172fbc1b83410 d80bac86a916ecbcb6aeb18a9b975664efe GADGIL 71, postalCode=400057, st=Maharashtra, serialNumber=9c93d8231afd6a9a378c785 fcbe636d6062f3c897e2faec047176b6fc6f3 bae7, cn=AMIT VIJAY GADGIL

Amit Gadgil Company Secretary & Compliance Officer Mem: A49442

Annexure-I

==> picture [90 x 49] intentionally omitted <==

==> picture [119 x 43] intentionally omitted <==

VAKRANGEE LIMITED

INTIMATION

VORTEX ENGINEERING SIGNS SERVICE LEVEL AGREEMENT WITH UCO BANK FOR 300 NEW ATM MACHINES

MUMBAI, August 1, 2025: Vortex Engineering Private Limited (Vortex), a subsidiary of Vakrangee Limited, has signed a Service Level Agreement (SLA) with UCO Bank for the supply, installation, and maintenance of 300 new ATM machines.

Under the terms of the agreement, Vortex will provide end-to-end solutions for 300 New ATMs over a period of seven years, with a total contract value of Rs.12.81 Crore.

This strategic order further consolidates Vortex Engineering’s position as a premier provider of advanced ATM solutions, renowned for its technological innovation, energy efficiency, and commitment to excellence. With a steadfast focus on financial inclusion and enhancing last-mile banking accessibility, Vortex continues to empower the banking sector through robust, reliable, and cost-effective technology platforms.

As a proud Swadeshi Company aligned with the Make-in-India vision, Vortex is deeply committed to the domestic design, development, and manufacturing of world-class ATM infrastructure. The company’s emphasis on indigenization not only strengthens India’s digital financial ecosystem but also fosters local innovation, technological sovereignty, and employment generation—key pillars of the “Atma Nirbhar Bharat” mission.

The company has successfully deployed over 14,000 ATMs across diverse geographies, backed by annual production capacity of 12,000 units. Vortex’s IP portfolio, comprising 9 registered patents in ATM and cash dispenser technologies, stands as a testament to its engineering excellence and innovation-driven culture.

Further enhancing its value proposition, Vortex has developed ‘PERFO’—a remote ATM monitoring platform that is both cross-platform and cross-vendor compatible. This nextgeneration software enables real-time oversight, predictive maintenance, and efficient fleet management, ensuring optimal performance across heterogeneous ATM networks.

With its enduring commitment to sustainability, scalability, and operational excellence, Vortex Engineering remains at the forefront of the ATM technology landscape. This significant engagement with UCO Bank, a leading public sector institution, underscores Vortex’s strategic role in building resilient and future-ready banking infrastructure across the nation. Engineered for superior uptime and seamless customer experiences, Vortex ATMs exemplify the convergence of cutting-edge innovation and customer-centric design, driving the next wave of inclusive digital banking in India.

(BSE Code: 511431; NSE Code: VAKRANGEE)

About Vakrangee Limited

Incorporated in 1990, Vakrangee has emerged as one of India's largest Last Mile Distribution Platform with a Physical as well as Digital Eco-system in place with a PAN INDIA Presence. We are delivering real-time banking & Financial Services, ATM, insurance, e-Governance, e-Commerce (including Healthcare services) and logistics services to the unserved rural, semi-urban and urban markets and enabling Indians to benefit from financial, social and digital inclusion.

Vakrangee has emerged as the “Go To Market Platform” for various Business verticals including Fintech and Digital platforms. The Assisted Digital Convenience stores (Physical Outlets) are called as “Vakrangee Kendra” which acts as the “One-stop shop” for availing various services and products and Digital platform is called as BharatEasy Mobile Super app.

About Vortex Engineering Private Limited

Vortex Engineering Private Limited (Vortex) is an innovative and leading provider of Automated Teller Machines (ATMs) and multi-vendor ATM management software products. As a subsidiary of Vakrangee Limited, the company is committed to driving financial inclusion through innovative and energy-efficient ATM products.

With a strong foundation built on years of focused research & development, Vortex has revolutionized the ATM industry with its unparalleled cost-effective range of green ATMs to achieve the highest return on investment (ROI). The world-class ATM Monitoring and Management software developed by Vortex enables digital transformation of the ATM channel management at the lowest total cost of ownership (TCO) across the industry. Vortex is fostering financial inclusion globally by changing the face of self-service banking with its reliable and sustainable range of products and solutions.

For further information, please contact at:

Email: investor@vakrangee.in

Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669``

==> picture [199 x 57] intentionally omitted <==

Annexure II

Details under Para B of Part A of Schedule III read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/ CIR/P/0155 dated 11[th] November, 2024

A	Name of the entity awarding the order(s)/contract(s)	UCO Bank
B	Significant terms and conditions of order(s)/contract(s) awarded in brief	End to end supply, installation and maintenance of 300 ATMs including AMC for the period of 7 years
C	Whether order(s)/contract(s) have been awarded by domestic/ international entity	Domestic Entity
D	Nature of order(s) / contract(s)	End to end supply, installation and maintenance of 300 ATMs including AMC
E	Whether domestic or international	Domestic
F	Time period by which the order(s)/contract(s) is to be executed	7 Years
G	Broad consideration or size of the order(s)/contract(s)	Rs.12.81 crores
H	Whether the promoter/ promoter group /group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof	NO
I	Whether the order(s)/contract(s) would fall within related party transactions. If yes, whether the same is done at “arm’s length”	NO