Mega Corporation Limited has announced the appointment of Mr. Kanishkkant Dubey as Additional Director (Non-Executive and Non-Independent) with effect from February 23, 2026. The appointment was approved by the Board of Directors at their meeting held on February 23, 2026, based on the recommendation of the Nomination and Remuneration Committee (NRC).

Board Meeting Details

The board meeting was conducted on February 23, 2026, with specific timing details provided for transparency:

Appointment Terms and Conditions

Mr. Kanishkkant Dubey will serve as an Additional Director until the date of the next Annual General Meeting of the Company. Following this period, his continuation as a Non-Executive and Non-Independent Director will be subject to the approval of the Members of the Company, and he will be liable to retire by rotation.

Director Profile and Qualifications

Mr. Kanishkkant Dubey brings extensive experience as an entrepreneur and finance professional across multiple sectors:

• Educational Background: Master's degree in Finance & Private Equity
• Professional Experience: Prior experience working with a bank in London
• Sector Expertise: Financial services, technology, infrastructure, and hospitality investments
• Current Focus: Strategic investments, business development, capital structuring, and institutional partnerships

Key Professional Activities

Mr. Dubey has been actively involved in developing and scaling ventures across various domains:

• NBFC/fintech sector development
• AI-driven technology solutions
• Real asset projects across India
• Emphasis on governance, innovation, and long-term value creation

Regulatory Compliance and Shareholding

The appointment has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines specified in SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has fulfilled all disclosure requirements for the appointment of the new director.

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.