Mega Corporation Limited has announced a strategic engagement with Rajasthan Financial Services Development Limited (RFSDDL) to provide digital salary and pension advance facilities to government employees and pensioners across Rajasthan. The announcement was made on 20th January 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015.

Strategic Partnership Details

The Government of Rajasthan, through its Finance Department, assigned RFSDDL to implement the Earned Salary/Pension Advance Drawls Access Scheme. Following an Expression of Interest (EOI) invited on 26th September 2025, Mega Corporation Limited, a registered NBFC, was selected to provide digital line of credit facilities to employees and pensioners.

Service Framework and Operations

Under this arrangement, RFSDDL will facilitate access to the service without any third-party liability, while transactions will be executed directly between Mega Corporation Limited and the employees/pensioners. The company has developed and operates an employee financial wellness platform through its digital channels.

The scope of business operations covers:

• Provision of digital credit facilities to Government of Rajasthan employees and pensioners
• Technology-enabled onboarding and service enablement
• Regulated lending support for eligible beneficiaries
• Statewide coverage across Rajasthan through online platforms

Financial Structure and Terms

Service Standards and Support

The agreement establishes comprehensive service standards to ensure reliable delivery of digital salary/pension advance services. Key provisions include:

• 24x7 helpdesk support for continuous customer assistance
• Dedicated Grievance Redressal Officer for prompt complaint resolution
• Escalation mechanism to RFSDDL when needed
• Weekly reporting to Government of Rajasthan/undertakings for transparency
• Quick resolution protocols for internal operational matters

Strategic Rationale and Benefits

The engagement enables timely access to short-term liquidity for government employees and pensioners through a regulated, digital lending platform. It strengthens financial inclusion while ensuring transparency, robust grievance redressal, and compliance with applicable regulations.

For Mega Corporation Limited, the partnership enhances its strategic association with a Government undertaking and supports scalable, technology-driven growth in responsible lending. The arrangement covers servicing a large base of government employees and pensioners across the State of Rajasthan, representing significant market reach for the NBFC's digital financial services platform.

Mega Corporation Limited has officially filed regulatory disclosures regarding the resignation of Mr. Shashwat Chaudhary from his position as Company Secretary cum Compliance Officer. The company submitted the formal notification to BSE Limited on January 16, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Regulatory Filing

The company's disclosure, signed by Director Kunal Lalani (DIN: 00002756), confirms that Chaudhary tendered his resignation to pursue opportunities outside the organization. The filing explicitly states there are no material reasons for his resignation beyond the career decision mentioned.

Resignation Timeline and Documentation

According to the official documentation, Chaudhary submitted his resignation letter on December 17, 2025, citing personal reasons for his departure. His appointment letter dated March 12, 2025, stipulated a 30-day notice period, which he honored completely.

Transition and Compliance Commitment

In his resignation letter addressed to the Board of Directors, Chaudhary committed to ensuring a smooth handover of his duties, responsibilities, records, and statutory compliances during the notice period. He pledged full cooperation to facilitate an orderly transition and expressed gratitude to the Board of Directors, management, and colleagues for their support during his tenure.

Regulatory Compliance Framework

The disclosure complies with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with all requisite details provided as per Schedule III of the Listing Regulations. The company submitted comprehensive documentation including the resignation letter as Annexure-II and detailed change particulars as Annexure-I to BSE Limited.