OnMobile Global Limited has completed the dispatch of its postal ballot notice and published newspaper advertisements seeking shareholder approval for the appointment of Manoranjan Mohapatra (Mao) as a Non-Executive Independent Director. The company issued formal communication to stock exchanges on March 24, 2026, confirming completion of all dispatch formalities and regulatory compliance requirements.

Postal Ballot Timeline and Process

The company has established a comprehensive schedule for the postal ballot process, with all voting conducted exclusively through remote e-voting methods. The voting process is managed by KFin Technologies Limited, the company's registrar and transfer agent.

Regulatory Compliance and Advertisement Publication

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, OnMobile Global published newspaper advertisements regarding the completion of postal ballot notice dispatch. The advertisements appeared in Financial Express (English Edition) and Hosadigantha (Kannada Edition), ensuring broad stakeholder communication across language preferences.

The company secretary P V Varaprasad digitally signed the exchange communication on March 24, 2026, confirming that copies of the newspaper advertisements are available on the company's website at www.onmobile.com .

Director Appointment Details

The postal ballot seeks approval for appointing Manoranjan Mohapatra (DIN: 00043930) as a Non-Executive Independent Director for a five-year term from February 05, 2026, to February 04, 2031. Mohapatra was initially appointed as an Additional Director on February 05, 2026, subject to shareholder approval through this special resolution.

Candidate Profile and Experience

Manoranjan Mohapatra brings extensive leadership experience spanning over four decades in technology-driven businesses. His professional background includes significant roles in telecom and fintech sectors, positioning him as a valuable addition to the company's board.

Key career highlights include:

• Chief Executive Officer at Comviva Technologies (2007-2024): Led the company's transformation from a legacy value-added services provider into a global leader in Fintech, Martech, and Digitech solutions, achieving more than twenty-fold growth and expanding to serve over 120 customers across 80 countries
• President and Chief Operating Officer at Aricent Technologies: Instrumental in establishing Aricent as a global leader in product engineering services, scaling revenues to exceed $500.00 million
• Senior Program Manager at C-DOT: Contributed to developing India's first indigenous telecom switching technology, enhancing telecom penetration and supporting digital infrastructure development

Mohapatra holds a B.E. (Hons.) in Electrical and Electronics Engineering from BITS Pilani and has received prestigious recognitions including the Distinguished Fellow Award from the Institute of Directors and The Economic Times Most Promising Business Leaders of Asia.

E-Voting Process and Shareholder Information

Shareholders whose names appear in the register of members as of March 20, 2026, are eligible to participate in the e-voting process. The company has engaged KFin Technologies Limited to provide the remote e-voting facility, accessible through https://evoting.kfintech.com/ .

The Board of Directors appointed Pramod S M (Membership No. FCS 7834) and Biswajit Ghosh (Membership No. FCS 8750) from BMP & Co. LLP as scrutinizers to ensure a fair and transparent voting process. Corporate and institutional members must submit relevant board resolutions to the scrutinizer for their votes to be considered valid.

Compliance Framework and Next Steps

The postal ballot process complies with Sections 108 and 110 of the Companies Act, 2013, along with applicable rules and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment also adheres to various MCA circulars issued for conducting postal ballots through remote e-voting.

The resolution, if passed by the requisite majority, will be deemed effective from the last voting date of April 22, 2026. Results will be communicated to stock exchanges and published on the company's website along with the scrutinizer's report within the specified timeline.

OnMobile Global Limited announced its financial results for Q3FY26 ended December 31, 2025, revealing contrasting performance between standalone and consolidated operations. The company demonstrated strong operational improvement with profit before exceptional items showing significant growth, while consolidated operations achieved a remarkable turnaround to profitability.

Operational Performance Shows Strong Recovery

The company's profit before exceptional items demonstrated substantial improvement during the quarter:

The significant increase in profit before exceptional items from Rs 16 million to Rs 49 million indicates improved operational efficiency, while the company had an exceptional item of Rs 50 million in the previous year.

EBITDA Performance Under Pressure

Despite operational improvements, the company's EBITDA metrics reflected challenges during the quarter:

The decline in EBITDA from Rs 100 million to Rs 56 million indicates operational efficiency challenges, with the margin compression reflecting the impact of revenue decline on profitability metrics.

Standalone Financial Performance

The company's standalone operations faced headwinds during the quarter, with key metrics showing year-over-year decline:

Revenue from operations declined significantly to Rs 426.14 million from Rs 820.27 million in Q3FY25. Mobile entertainment services revenue increased substantially to Rs 34.90 million from Rs 4.11 million, while other income rose to Rs 356.21 million.

Consolidated Results Show Strong Recovery

The consolidated financial results demonstrated a remarkable turnaround, with the company returning to profitability:

Consolidated mobile entertainment services revenue was Rs 1.35 billion, with strong performance across multiple geographies including Europe (Rs 549.77 million), India (Rs 188.40 million), and Africa (Rs 224.73 million).

Gaming Business Momentum

The company's gaming segment demonstrated strong quarterly growth:

The company targets reaching $3 million Monthly Recurring Revenue (MRR) in the next 18 months, building on its current gaming platform momentum.

Board Appointments and Corporate Governance

The Board of Directors approved the appointment of Manoranjan Mohapatra as an Additional Director:

Mohapatra brings over four decades of experience in telecom and fintech industries, having served as CEO of Comviva Technologies from 2007 to 2024.