Ksolves India Limited has announced a strategic business partnership through its subsidiary to expand operations in the Gulf Cooperation Council region. The company disclosed this development through a regulatory filing under SEBI's listing obligations framework on January 20, 2026.

Partnership Structure and Scope

Kingpin Technology Consultants LLC, a wholly owned subsidiary of Ksolves India Limited, has entered into a Business Partner Agreement with Gulf Consulting FZ LLE, UAE. The partnership was formalized on January 20, 2026, marking a significant step in the company's international expansion strategy.

Strategic Objectives and Market Focus

Under the agreement, Gulf Consulting FZ LLE has been appointed as a business development partner to support the expansion of Ksolves' software services business. The partnership maintains a primary focus on the Gulf Cooperation Council region, with potential for outreach to other international markets.

The collaboration is designed to achieve several key objectives:

• Strengthening market presence in the Middle East
• Enhancing customer outreach capabilities
• Driving revenue growth in the GCC region
• Supporting international growth strategy
• Creating new business opportunities

Transaction Details and Structure

The partnership arrangement maintains a strategic focus without equity involvement. The company has clarified that this agreement does not involve any equity participation and is not classified as a related party transaction, ensuring transparency in corporate governance.

Market Expansion Strategy

Ksolves India Limited believes this partnership will significantly support its international growth strategy and enhance business opportunities, particularly in the Middle East market. The arrangement positions the company to leverage Gulf Consulting's regional expertise and market knowledge to accelerate business development in the GCC region.

The partnership represents a strategic approach to international expansion, allowing Ksolves to establish a stronger foothold in the Gulf region's growing technology services market while maintaining operational flexibility through its subsidiary structure.

Ksolves India Limited has announced the successful allotment of equity shares under its employee stock option scheme, marking another milestone in the company's employee engagement initiatives. The Board of Directors approved this allotment during their meeting held on January 20, 2026, in compliance with regulatory requirements.

Share Allotment Details

The company has allotted equity shares to employees who exercised their vested stock options under the structured employee benefit program. The allotment specifics are outlined below:

Employee Stock Option Scheme Framework

The Ksolves Employee Stock Option Scheme - I (KSOS-I) represents the company's structured approach to employee equity participation. Under this scheme, eligible employees who had previously received stock option grants were able to exercise their vested options, converting them into equity shares of the company.

The newly allotted shares carry the same rights and privileges as existing equity shares, ensuring that employee-shareholders receive equal treatment in terms of dividends, voting rights, and other corporate benefits. This pari-passu arrangement maintains equity among all shareholders regardless of the source of their share acquisition.

Regulatory Compliance and Documentation

The allotment was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and The Bombay Stock Exchange Limited about this corporate action.

The formal communication was signed by Manisha Kide, Company Secretary & Compliance Officer, ensuring proper authorization and documentation of the allotment process. This compliance demonstrates the company's adherence to regulatory frameworks governing employee stock option schemes and share allotments.

Impact on Share Capital

The allotment of 8,400 equity shares represents an increase in the company's issued and paid-up share capital. With each share carrying a face value of ₹5.00, the total face value of newly allotted shares amounts to ₹42,000. These shares will be integrated into the company's existing share capital structure and will participate in all future corporate actions and benefits on an equal basis with existing shares.