Yaap Digital EGM approves share swap and related party deals

Yaap Digital Limited shareholders have approved the issuance of equity shares for consideration other than cash on a preferential basis and two material related party transactions at its Extraordinary General Meeting (EGM) held on May 25, 2026. The resolutions were passed through remote e-voting and e-voting during the meeting, which was conducted via Video Conferencing and Other Audio Visual Means (OAVM). These approvals support the company's strategic initiatives, including its application for in-principle approval to list shares on the NSE Emerge platform.

Voting Results

The special resolution to approve the issuance of equity shares received 99.98% approval, with 8,451,600 votes in favour and 2,000 against. The ordinary resolution for the material related party transaction with Gozoop Online Private Limited was passed with 100% approval, securing 2,058,009 votes in favour. The ordinary resolution for the material related party transaction with Yaap Digital FZ LLC was approved with 97.96% of the votes, garnering 2,016,009 votes in favour and 42,000 against.

Sr. No.	Details of the Resolutions	Type of Resolution	Votes in Favour	Votes Against	% of Favour
1	Issuance of Equity Shares on Preferential Basis	Special	8,451,600	2,000	99.98
2	Material Related Party Transaction with Gozoop Online Private Limited	Ordinary	2,058,009	0	100
3	Material Related Party Transaction with Yaap Digital FZ LLC	Ordinary	2,016,009	42,000	97.96

Meeting Proceedings

The EGM commenced at 04:00 P.M. IST and concluded at 04:28 P.M. IST. Mr. Atul Jeevandharkumar Hegde, Chairman and Managing Director, chaired the proceedings. CS Sandhya R. Malhotra, Partner of M/s. Manish Ghia & Associates, was appointed as the Scrutinizer. Remote e-voting commenced on May 20, 2026, and concluded on May 24, 2026. The requisite quorum was present under Section 103 of the Companies Act, 2013, and the meeting was held in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.52%	-6.16%	-9.86%	+36.48%	+36.48%	+36.48%

YAAP Digital has announced its strategic plan to acquire the entire 100% stake in Gozoop Online, marking a significant expansion initiative for the company in the digital services sector. This development represents a complete ownership acquisition that will provide full control over Gozoop Online's operations.

Acquisition Details

The company has outlined its intention to secure complete ownership of Gozoop Online through a 100% stake acquisition. This strategic move demonstrates YAAP Digital's commitment to expanding its digital services capabilities and market presence.

Parameter:	Details
Target Company:	Gozoop Online
Acquisition Stake:	100%
Acquisition Type:	Complete ownership
Strategic Focus:	Digital services expansion

Strategic Implications

This acquisition represents YAAP Digital's commitment to strengthening its position in the digital services market. The 100% stake acquisition will provide complete control and operational oversight of Gozoop Online, enabling seamless integration of services and strategic alignment.

The complete ownership structure will allow YAAP Digital to fully leverage Gozoop Online's capabilities while implementing unified operational strategies. This strategic acquisition underscores the company's focus on consolidating its digital services portfolio through targeted investments in the sector.