DiGiSpice Technologies has scheduled its 38th Annual General Meeting (AGM) for Tuesday, September 22, 2026. The meeting will commence at 11:00 am and will be conducted exclusively through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), without physical presence of shareholders.

The corporate action aligns with the provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). Members attending the AGM via VC/OAVM will be reckoned for the purpose of quorum under Section 103 of the Act.

Meeting Details and Voting

The company has outlined the logistical framework for shareholder participation and voting:

• Mode of Meeting: VC/OAVM only.
• Date and Time: September 22, 2026, at 11:00 am.
• Quorum: Members attending virtually count towards the statutory quorum.
• Voting Facility: Remote e-voting is available to all shareholders, including those holding shares in physical mode who may not have registered email addresses. Additionally, voting through the e-voting system during the AGM is permitted.

Shareholders are advised that detailed instructions for joining the meeting and casting votes will be provided in the Notice of the AGM.

Document Access and Communication

In compliance with SEBI Listing Regulations and MCA circulars, DiGiSpice Technologies will disseminate the Notice of the AGM along with the Annual Report for the financial year 2025-26 electronically. These documents will be sent to shareholders who have registered their email addresses with the company or their Depository Participant (DP).

For shareholders who have not registered an email ID, a letter containing a web-link to access the documents will be dispatched. Relevant filings will also be hosted on the company’s website and the stock exchange portals where its shares are listed.

Shareholder Instructions

The company has requested members to update their contact information to ensure receipt of communications:

• Demat Holders: Update email IDs with their respective Depository Participants.
• Physical Holders: Submit duly filled Form ISR-1 to the Registrar and Share Transfer Agent, MAS Services Limited, or directly to the company.

Members entitled to receive physical copies of the Notice and Annual Report may request them via registered email or signed physical letter.

Digispice Technologies advanced its proposed merger with Spice Money Limited by publishing the notice of hearing for the company scheme petition on August 14, 2026. The National Company Law Tribunal (NCLT), New Delhi Bench, has scheduled the hearing for September 17, 2026, pursuant to its order dated August 6, 2026. This procedural step brings the amalgamation closer to completion, aligning with management’s earlier guidance that the merger is expected to conclude by March 2027.

The scheme involves the amalgamation of Digispice Technologies Limited as the transferee company with three transferor entities: Spice Money Limited, E-earth Travel Solutions Private Limited, and Vikasni Fintech Private Limited. The joint petition was initially filed on July 12, 2026. Following shareholder approval on July 13, 2026, the NCLT accepted the first motion. The second motion petition was subsequently filed on July 24, 2026.

Financial Performance Context

The corporate action unfolds against a backdrop of strong operational efficiency demonstrated in Q1FY27. Digispice reported a net profit (PAT) from continuing operations of ₹9 crore, up 103% quarter-on-quarter from ₹4.5 crore. This profitability surge occurred despite a 10% sequential decline in customer gross transaction volume (GTV) to ₹28,295 crore. Revenue from operations remained stable at ₹107.8 crore, marginally up 0.6% quarter-on-quarter.

Note: Total PAT for Q1FY27 was ₹6.6 crore, including a one-time exceptional provision of ₹2.1 crore related to real estate re-valuation. Discontinued business contributed a loss of ₹0.4 crore.

Operational Shifts

Customer GTV declined 10% quarter-on-quarter, driven by an 18.1% drop in collections and a 6.1% fall in Cash-in/Cash-out (CICO) volumes. However, the 'Others' category grew 16.3%, indicating diversification into higher-margin segments. In the payments segment, AEPS withdrawal GTV fell 8.3% to ₹13,330 crore, resulting in a market share of 17.93%, which management noted recovered to 18.3% in July 2026. Conversely, AEPS cash deposit GTV reached ₹451.8 crore, and UPI Cash Point emerged as a new growth driver with ₹276 crore in GTV.

The credit vertical reached operational breakeven, with embedded finance loans disbursed rising 55% quarter-on-quarter to ₹30.8 crore. The number of loans disbursed increased 42% to 5,222. On the distribution side, lifetime CASA accounts opened crossed 17.7 lakh, generating a float balance of over ₹320 crore, up 45% year-on-year.

What the Numbers Show

The divergence between declining GTV and surging profitability underscores Digispice’s shift from volume-driven expansion to margin-focused execution. While traditional payment volumes (CICO and Collections) contracted, likely due to seasonal factors or competitive pricing pressures, the company successfully insulated its bottom line through aggressive cost control. The stabilization of revenue alongside a 17% cut in indirect costs demonstrates effective operating leverage. Furthermore, the emergence of UPI Cash Point and growth in credit disbursements suggest that new revenue engines are beginning to offset the slowdown in legacy payment services, positioning the company for higher-margin growth post-merger.