Shadowfax Technologies Allots 6,22,743 Equity Shares Under Employee Stock Option Plan 2016

Shadowfax Technologies Limited allotted 6,22,743 equity shares of face value Rs. 10/- each to eligible employees and ESOP holders on May 05, 2026. The allotment was made under the company's Employee Stock Option Plan 2016, referred to as SFX ESOP 2016, following the exercise of stock options by eligible participants. The Board of Directors approved the allotment through a circular resolution passed on the same date. This disclosure was made to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Capital Impact

The allotment of 6,22,743 equity shares has resulted in a corresponding increase in the company's issued, subscribed, and paid-up equity share capital. The following table summarises the change in share capital consequent to this allotment:

Parameter: Pre-Allotment Post-Allotment Paid-up Share Capital: Rs. 5,82,99,89,570/- Rs. 5,83,62,17,000/- Number of Equity Shares: 58,29,98,957 58,36,21,700 Face Value per Share: Rs. 10/- Rs. 10/-

Regulatory Disclosure

The allotment information was disclosed to both the National Stock Exchange of India Ltd and BSE Limited in accordance with applicable listing regulations. The company has also indicated that the information will be made available on its investor relations webpage at https://www.shadowfax.in/investor-relations/stock-exchange-announcement . The disclosure was signed by Krishnakanth Venkata Gangavarapu, Company Secretary and Compliance Officer, holding ICSI Membership No. A17291.

About the Company

Shadowfax Technologies Limited, formerly known as Shadowfax Technologies Private Limited, is registered under CIN U72300KA2015PLC150324. The company's registered office is located at 3rd Floor, Shilpitha Tech Park, Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Bangalore - 560103, Karnataka, India.

Shadowfax Technologies Limited has received a formal regulatory disclosure from its promoter, Abhishek Bansal, confirming that no encumbrance was created on the company's shares during the Financial Year 2025-26. The declaration, dated April 1, 2026, was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with applicable securities regulations.

Regulatory Disclosure Under SEBI Takeover Regulations

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Under this provision, promoters and Persons Acting in Concert are required to declare, at the close of each financial year, whether any encumbrance has been created on shares of the target company held by them, either directly or indirectly.

The key details of the disclosure are summarised below:

Parameter: Details Declarant: Abhishek Bansal Designation: Promoter Company: Shadowfax Technologies Limited Financial Year: 2025-26 Declaration Date: April 1, 2026 Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Encumbrance Status: No encumbrance created

Declaration Details

In the disclosure, Abhishek Bansal confirmed that neither he nor any Persons Acting in Concert created any encumbrance on the shares of Shadowfax Technologies Limited held by them, directly or indirectly, at any time during the Financial Year 2025-26. The declaration was addressed to both the National Stock Exchange of India Limited and BSE Limited.

Copies of the disclosure were also submitted to the Company Secretary and the Audit Committee of Shadowfax Technologies Limited, at the company's registered office located at the 3rd Floor, Shilpitha Tech Park, Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Bangalore, Karnataka – 560103.

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