Interim report
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BSE The Power of Vibrance August 4 , 2026 To , The Listing Department National Stock Exchange of India Limited Exchange Plaza , 5th Floor , Plot No. C / 1 G Block , Bandra - Kurla Complex , Bandra ( E ) Mumbai 400 051 - Symbol : BSE ISIN : INE118H01025 Ref : Regulation 30 and 33 read with Schedule III of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( ‘ SEBI LODR ' ) Subject : Outcome of the Board Meeting Dear Madam / Sir , This is to inform that the Board of Directors of the Company at its meeting held on Tuesday , August 4 , 2026 ( i.e. today ) , inter - alia , considered and approved the following : 1. Financial Results : The Unaudited Financial Results ( Consolidated and Standalone ) for the quarter ended June 30 , 2026 , pursuant to Regulation 33 of the SEBI LODR , along with the Limited Review Reports issued by the Statutory Auditors , are enclosed herewith as ‘ Annexure A ' . 2. Appointment of Statutory Auditors : The appointment of M / s KKC & Associates LLP , Chartered Accountants , ICAI Firm Registration No.105146W / W100621 as the Statutory Auditors of the Company for a term of five years , commencing from the conclusion of the 22nd Annual General Meeting and continuing until the conclusion of the 27th Annual General Meeting , subject to the approval of the Shareholders of the Company . The disclosure required pursuant to SEBI Master Circular No. HO / 49 / 14 / 14 ( 7 ) 2025 - CFD- POD2 / 1 / 3762 / 2026 dated January 30 , 2026 , is enclosed herewith as ' Annexure B ' . Registered Office : BSE Limited , Floor 25 , PJ Towers , Dalal Street , Mumbai - 400 001 , India . T : +91 22 2272 1234/33 | E : corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number : L67120MH2005PLC155188 BSE - PUBLIC
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BSE Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC 3. Further acquisition of stake in India International Bullion Holding IFSC Limited (‘IIBH’): Further acquisition of equity shares of IIBH by way of a secondary purchase from the Company’s subsidiaries, namely, India International Exchange (IFSC) Limited and India International Clearing Corporation (IFSC) Limited. The present acquisition is in addition to the 3.33% equity stake acquired by the Company, as intimated to the Stock Exchange on July 31, 2026, and is intended to consolidate the shareholding in IIBH directly in BSE Limited, instead of such shareholding being held by its subsidiaries. Upon completion of the present acquisition, BSE Limited’s direct shareholding in IIBH will increase from 3.33% to 20%, and IIBH will consequently become a direct associate company of BSE Limited. The disclosure required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as ‘Annexure C’. The aforesaid matters were duly approved by the Board of Directors at its meeting, which commenced at 15:50 hours and concluded at 17:30 hours. This intimation is also being made available on the website of the Company at www.bseindia.com. This is for your information and records. For BSE Limited Vishal Bhat Company Secretary & Compliance Officer ACS- 41136 Encl: a/a
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S.R. BATLIBOI & CO. LLP Chartered Accountants 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Murnbai - 400 028, India Tel : +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors BSE Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of BSE Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") and its associate for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors . Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: List of Subsidiaries a) BSE Technologies Private Limited b) BSE Clearing Limited (Formerly known as Indian Clearing Corporation Limited) c) India International Clearing Corporation (IFSC) Limited d) India International Exchange (IFSC) Limited e) BSE Index Services Private Limited (Formerly known as Asia Index Private Limited) f) BIL Ryerson Futures Private Limited List of associate a) Central Depository Services (India) Limited 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. S R Batliboi & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Office : 22, Carnac Street, Block 'B', 3rd Floor, Kolkata-700 016 Annexure A
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S.R. BAn1B01&O0. LLP Chartered Accountants 6. The accompanying Statement includes the unaudited interim financial results and other unaudited financial information in respect of five subsidiaries, whose unaudited interim financial results includes total revenues of Rs 14,916 lakhs, total net profit after tax of Rs 4,585 lakhs, total comprehensive income of Rs 4,569 lakhs, for the quarter ended June 30, 2026, as considered in the Statement, which have been reviewed by their respective independent auditors. The independent auditor's reports on interim financial results of these entities have been furnished to us by Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement in respect of above matter is not modified with respect to our reliance on the work done and the reports of the other auditors, For S.R. BATLIBOI & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E/E300005 Alma, --• ektittLoo tolavk O;-- --4cO\ ..,..... \ per Pikashoo Mutha , I Partner -1 M UM8AI r71 .s Membership No.: 131658 Is' k 7 UDIN: 26131658AFESXY8719 '0. .."-*-/ Place: Mumbai N:. 0 A CCS____‘`- ----___-_,_—____ - Date: August 04, 2026
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1B 5 E BSE' BSE Limited CIN L67120MH2005PLC155188 (Formerly known as Bombay Stock Exchange Limited) Registered office: Floor 25, P J Towers, Dalal Street, Mumbai 400001 Statement of Consolidated Financial Results for the quarter ended June 30, 2026 (4 In Lakhs) Particulars For the For the For the For the quarter quarter quarter year ended ended ended ended June March June March 30, 2026 31, 2026 30, 2025 31, 2026 Unaudited Unaudited Unaudited Audited Continuing operation 1 Revenue from operations 1,56,602 1,56,351 95,795 4,83,395 2 Investment income 13,518 6,169 7,906 29,030 3 Other income 552 497 744 2,385 4 Total income (1+2+3) 1,70,672 1,63,017 1,04,445 5,14,810 5 Expenses a) Employee benefits expense 8,705 6,352 7,003 29,781 b) Technology expense 6,082 5,163 4,989 20,313 c) Clearing and settlement expense 9,028 8,725 5,550 28,035 d) Regulatory contribution 19,278 19,972 11,626 64,969 e) Other expenses 6,316 10,003 4,078 24,748 f) Depreciation expense 4,260 5,479 2,688 15,896 Total expenses (5a to 5f) 53,669 L 55,694 35,934 1,83,742 6 Profit before contribution to core settlement guarantee fund (4-5) 1,17,003 s, 1,07,323 68,511 3,31,068 7 Contribution to core settlement guarantee fund 2.591 2,072 7,696 8 Profit before tax and share of net profits of investments accounted for using equity method (6-7) 1,14,412 1,05,251 68,511 3,23,372 9 Share of profit of associates (net of taxes) 1,954 1,094 1,629 6,542 10 Profit before tax (8+9) 1,16,366 1,06,345 70,140 3,29,914 11 Tax expense 29,100 26,798 17,518 82,384 12 Net profit after tax for the quarter / year from continuing operation (10-11) 87,266 79,547 52,622 2,47,530 Discontinued operation (refer note 4) 13 Profit before tax from discontinued operation 6 6 14 Profit on sale of subsidiary (on loss of control) 1,440 1,440 15 Profit from discontinued operation before taxes (13+14) - 1,446 1,446 16 Tax expense on discontinued operation 251 251 17 Profit from discontinued operation (15-16) - - 1.195 1,195 18 Net profit from total operation for the quarter / year (12+17) 87,266 79,547 53,817 2,48,725 Net profit attributable to the shareholders of the Holding Company 87,402 79,733 53,941 2,49,698 Net profit attributable to the non controlling interest (136) (186) (124) (973) 19 Other comprehensive Income (net of taxes) (39) 2,042 (148) 3,744 20 Total comprehensive Income for the quarter / year (18+19) 87,227 81,589 53,669 2,52,469 Total comprehensive income attributable to the shareholders of the Holding 87,377 81,030 53,799 2,52,061 Company Total comprehensive income attributable to the non controlling interest (150) 559 (130) 408 21 Paid up equity share capital (face value per share ₹ 2 each) 8,158 8,158 8,134 8,158 22 Other equity 6,59,143 23 Earnings per equity share (face value per share ₹ 2 each) Continuing operations Basic and diluted before and after exceptional item* (₹) 21.22 19.35 12.80 60.32 Discontinued operations Basic and diluted before and after exceptional item* (₹) (refer note 4) 0.29 0.29 Total operations Basic and diluted before and after exceptional item* (₹) 21.22 19.35 13.09 60.61 *Note: Basic and diluted EPS is not annualised for the quarter ended results. EPS is calculated on outstanding shares issued by BSE Limited (the "Ho ding Company") including shares held in abeyance. 4.1 MUMBA;
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1 The Consolidated financial results comprises of results of BSE Limited ("Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") and its associates. The above consolidated financial results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors on August 04, 2026 and the statutory auditors of the Holding Company have conducted limited review of the said consolidated financial results for the quarter ended June 30, 2026, 2 The above consolidated financial results for the quarter ended June 30, 2026 are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013, as amended. 3 The Group operates only in one Business Segment i.e. "Facilitating Trading in Securities and other related ancillary Services", hence does not have any reportable Segments as per Ind-AS 108 "Operating Segments". 4 The Board of Directors of the Holding Company in their meeting held on May 08, 2024 had accorded in-principle approval for divestment of its holding in its wholly owned subsidiary, BSE Institute Limited. Pursuant to the same, the Company had completed the divestment (in May 2025) and profit of Rs. 1,440 Lakhs has been shown as Profit on sale of subsidiary (on loss of control) under "Discontinued operation" in the consolidated financial results for the quarter ended June 30, 2025 and year ended March 31, 2026. Tax of ₹ 249 Lakhs on the said profit is included as a part of Tax expense on discontinued operation for the quarter ended June 30, 2025 and year ended March 31, 2026. 5 The Board of Directors of the Holding Company in their meeting held on November 11, 2025 had accorded in-principle approval for the divestment of its holding in one of the associate company. Pursuant to the same, the Holding Company is awaiting the approval from Regulatory Authority. Consequently, the disclosures required by Ind AS 105 "Non-current Assets Held for Sale and Discontinued Operations" have been presented in the financial results for the quarter ended June 30, 2026 and year ended March 31, 2026. 6 Previous quarter's / year's figures have been regrouped / reclassified wherever necessary to correspond with the current quarter's / classification / disclosure. 7 The figures for the quarter ended March 31, 2026 are arrived at as difference between audited figures for the year ended March 31, 2026 and the reviewed figures for the nine months ended December 31, 2025. 8 Unaudited Financial Results of BSE Limited (Standalone Information) (₹ in Lakhs) Particulars For the quarter ended June 30, 2026 For the quarter ended March 31, 2026 For the quarter ended June 30, 2025 For the year ended March 31, 2026 Unaudited Unaudited Unaudited Audited Total income 1,60,144 1,58,334 94,837 4,83,634 Profit before tax 1,07,313 1,04,926 62,605 3,08,721 Profit for the period 80,115 79,905 46,840 2,33,416 Note: The unaudited financial results of BSE Limited for the above mentioned period are available on our website, www.bseindia.com and on the stock exchange website www.nseindia.com. The information above has been extracted from the unaudited standalone financial results for the quarter ended June 30, 2026. _ e; IMO , - -- "N' For and on behalf of Board of Directors of '''''' BSE LIMITED Ir t MUA;c1,4i %,...,•%... ,) ,4':: . I Place : Mumbai .:.i,..3‘..‘"...O, --- ,-Ne • • N... ,41:1;t1t, ,•=• *--::--z—. Sundararaman Ramamurthy Date : August 04, 2026 ---:---"" Managing Director & CEO
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S. TLIBOI & Co. LLP Chartered Accountants 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, India Tel : +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors BSE Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of BSE Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. BATLIBOI & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E/E300005 Ti.tor AAUP° tw.Alit-is per Pikashoo Mutha Partner Membership No.: 131658 UDIN: 26131658POAIEB8825 Place: Mumbai Date: August 04, 2026 ~a~ 1916 B11 :2,(MUNi1BA f:\i) S.R. Batlibol & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Office : 22, Camac Street, Block 'B', 3rd Floor, Holkata-700 016
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.., 13SE 1s° BSE Limited CIN L67120MH2005PLC155188 (Formerly known as Bombay Stock Exchange Limited) Registered office: Floor 25, P J Towers, Dalal Street, Mumbai 400001 Statement of Standalone Financial Results for the quarter ended June 30, 2026 ₹ in Lakhs) Particulars For the quarter ended June 30, 2026 For the quarter ended March 31, 2026 For the quarter ended June 30, 2025 For the year ended March 31, 2026 Unaudited Unaudited Unaudited Audited 1 Revenue from operations 1,47,402 1,46,803 87,308 4,46,951 2 Investment income 11,815 10,681 6,538 33,114 3 Other income 927 850 991 3,569 4 Total income (1+2+3) 1,60,144 1,58,334 94,837 4,83,634 5 Expenses a) Employee benefits expense 5,390 3,959 4,660 19,186 b) Technology expense 5,830 5,157 5,042 20,163 c) Clearing and settlement expense 11,776 11,447 7,069 37,191 d) Regulatory contribution 19,273 19,956 11,621 63,978 e) Other expenses 4,381 4,150 3,240 14,756 f) Depreciation expense 3,590 4,685 2,190 13.533 Total expenses (5a to 5f) 50,240 49,354 33,822 1,68,807 6 Profit before contribution to core settlement guarantee fund (4-5) 1,09,904 1,08,980 61,015 3,14,827 7 Contribution to core settlement guarantee fund 2,591 4,054 7,696 8 Profit before exceptional item and tax (6-7) 1,07,313 1,04,926 61,015 3,07,131 9 Exceptional item (refer note 4) - 1,590 1.590 10 Profit before tax (8+9) 1,07,313 1,04,926 62,605 3,08,721 11 Tax expense (refer note 4) 27,198 25,021 15,765 75,305 12 Profit for the quarter / year (10-11) 80,115 79,905 46,840 2,33,416 13 Other comprehensive income (net of taxes) 17 5 (83) 57 14 Total comprehensive income for the quarter / year (12+13) 80,132 79,910 46,757 2,33,473 15 Paid up equity share capital (face value per share ₹ 2 Each) 8,158 8,158 8,134 8,158 16 Other equity 5,68,495 17 Earnings per equity share (face value per share ₹ 2 Each) Basic and diluted before exceptional item*(₹) 19.45 19.40 10.98 56.27 Basic and diluted after exceptional item*(₹) 19.45 19.40 11.37 56.66 *Note: Basic and diluted EPS is not annualised for the quarter ended results. EPS is calculated on outstanding shares issued by BSE Limited (the "Company") including shares held in abeyance. frIUMBA
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1 The above standalone financial results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors on August 04, 2026 and the statutory auditors of the Company have conducted limited review of the said standalone financial results for the quarter ended June 30, 2026. 2 The above standalone financial results for the quarter ended June 30, 2026 are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013, as amended. 3 The Company operates only in one Business Segment i.e. "Facilitating Trading in Securities and other related ancillary Services", hence does not have any reportable Segments as per Ind-AS 108 "Operating Segments". 4 The B6ard of Directors of the Company in their meeting held on May 08, 2024 had accorded in-principle approval for divestment of its holding in its wholly owned subsidiary, BSE Institute Limited. Pursuant to the same, the Company has completed the divestment (in May 2025) and profit of Rs. 1,590 Lakh has been shown as an "Exceptional Item" in the standalone financial results for the year ended March 31, 2026. Tax of ₹ 249 Lakh on the said profit is included as a part of tax expenses for the year ended March 31, 2026. 5 The figures for the quarter ended March 31, 2026 are arrived at as difference between audited figures for the year ended March 31, 2026 and the reviewed figures for the nine months ended December 31, 2025. 6 Previous quarter's / year's figures have been regrouped and rearranged wherever necessary to correspond with the current quarter's classification / disclosure. For and on behalf of Board of Directors of BSE LIMITED Place : Mumbai Date : August 04, 2026 Sundararaman Ramamurthy Managing Director & CEO
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BSE Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC Annexure - B Disclosure under Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Details of events that needs to be provided Appointment of Statutory Auditor Reason for change viz. appointment, resignaƟon, removal, death or otherwise M/s S.R. Batliboi & Co. LLP, Chartered Accountants (Firm Registration No. 301003E/E300005), will continue as the Statutory Auditors of the Company until the conclusion of the 22nd Annual General Meeting to be held in the year 2027, marking the completion of their second term. The Board has approved appointment of M/s KKC & Associates LLP, (Firm Registration Number: 105146W/W100621) as the Statutory Auditors of the Company, subject to approval of the Shareholders. Date of Appointment and term of appointment Based on the recommendation of the Audit Committee, the Board of Directors at its meeting held today approved the appointment of M/s KKC & Associates LLP, as the Statutory Auditors of the Company for a term of five consecutive years from the conclusion of the 22nd AGM to be held in the FY 2027-28 till the conclusion of the 27th AGM to be held in the FY 2032-33, subject to approval of the Shareholders of the Company. Brief profile M/s KKC & Associates LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). The firm was established in the year 1936 and its registered office is situated at Mumbai with other offices at Bengaluru, Ahmedabad, Pune, and Vadodara. It has eighteen partners. It has a valid peer review certificate and is one of India’s
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BSE Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC Details of events that needs to be provided Appointment of Statutory Auditor leading audit firms providing audit and assurance services to several large companies including some of the top one hundred listed entities in India. Disclosure of relaƟonships between directors. Not Applicable
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BSE Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC Annexure - C Disclosure under Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars India International Bullion Holding IFSC Limited Name of the target entity, details in brief such as size, turnover etc India International Bullion Holding IFSC Limited (IIBH) IIBH is the holding company for Bullion Project. IIBH manages the funding of its two subsidiaries, namely, India International Bullion Exchange IFSC Limited and India International Depository IFSC Limited which are engaged in providing bullion importing platform and depository functions, respectively. Consolidated Turnover of IIBH as on March 31, 2026, was ₹ 10.47 Crores. a. Whether the acquisition would fall within related party transaction(s) b. whether the promoter/ promoter group/ group companies have any interest in the entity being acquired c. If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. Yes, the transaction falls within the ambit of Related Party Transaction. BSE Limited shall acquire 50,00,00,000 equity shares of IIBH (each fully paid-up having face value of ₹ 1/-) through secondary purchase from its subsidiaries, namely India International Exchange (IFSC) Limited and India International Clearing Corporation (IFSC) Limited. Pursuant to this acquisition, BSE’s stake will increase to 20% in IIBH. The transaction shall be at arm's length basis. Industry to which the entity being acquired belongs It is classified as an unlisted public limited company and is located in GIFT IFSC,
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BSE Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC Particulars India International Bullion Holding IFSC Limited Gandhinagar, Gujarat and is registered as a Finance Company from International Financial Services Centres Authority (IFSCA). 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) The primary objective of BSE's investment in IIBH is to participate in and support the development of India's international bullion market infrastructure at GIFT City, Gujarat. The Company's shareholding in IIBH, pursuant to the acquisition, will increase to 20%, thereby making IIBH a direct associate company of BSE Limited. Brief details of any governmental or regulatory approvals required for the acquisition The Securities Exchange Board of India (SEBI) approval vide HO/47/28/11(4)2026-MRD- RAC24/16172/2026 dated July 13, 2026. Indicative time period for completion of the acquisition Subject to requisite approvals Consideration - whether cash consideration or share swap or any other form and details of the same Cash Consideration Cost of acquisition and/or the price at which the shares are acquired ₹ 50.50 Crores towards acquisition of 50,00,00,000 equity shares of face value of ₹ 1/- each fully paid up. Percentage of shareholding / control acquired and / or number of shares acquired Existing equity shareholding of the Company in IIBH is 3.33% Percentage of shareholding post-acquisition - 20% Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence Background: IIBH is a special purpose vehicle without having customer interface and the main objective of which is to act as a holding company for Bullion Exchange and Bullion Depository operating in GIFT IFSC, Gandhinagar, Gujarat.
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BSEw Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400 001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number: L67120MH2005PLC155188 BSE - PUBLIC Particulars India International Bullion Holding IFSC Limited and any other significant information (in brief) Date of Incorporation: June 04, 2021 History of last 3 years’ turnover: Sr. No Financial Year Consolidated Turnover of IIBHL (in ₹ Crores) 1 2023-24 17.55 2 2024-25 44.76 3 2025-26 10.47 Country in which the entity has presence: India