Basilic Fly Studio Ltd Directors Report

Dear Members,

The Directors are pleased to present to you Tenth Annual Report of the Company along with the Audited Financial Statements for the financial year ended March 31, 2026.

FINANCIAL RESULTS

The Companys financial performance for the financial year ended March 31, 2026, is summarized below:

				( In Millions)
Particulars	STANDALONE	CONSOLIDATED
	2025-26	2024-25	2025-26	2024-25
Revenue from operations	1,204	735	4,078	3,041
Other Income	100	19	106	21
Total Revenue	1,304	754	4,184	3,062
Employee Benefit Expenses	404	229	2,596	1,902
Finance Costs	63	35	101	63
Depreciation & Amortization Expenses	82	55	163	122
Other Expenses	281	193	630	424
Total Expenses	830	512	3,490	2,511
Profit Before Exceptional and Extraordinary Items and Tax	474	242	694	551
Exceptional Items	-	3	32	40
Profit Before Tax	474	239	662	511
Current Tax	157	65	173	64
Prior Period Tax	-	8	-	7
Deferred Tax	1	(5)	(17)	(7)
Profit/ Loss After Tax	316	171	506	447
Profit / Loss for period before Minority Interest from continuing operations	316	171	506	447
Minority Interest	0	0	18	82
Profit / Loss for period from continuing operations	316	171	488	365
Earning per Share (in ) (Basic & Diluted)	12.96	7.51	20.78	19.20

Note: The above figures are extracted from the audited standalone and consolidated financial statements of the Company prepared in accordance with the Indian Accounting Standards ("Ind AS"),

TRANSFER TO RESERVES

During the year, the Company has not transferred any amount to the General Reserves.

COMPANY PERFORMANCE

Standalone

During the fiscal year, Basilic Fly Studio Limited delivered a robust financial performance, underscoring our strategic agility and operational strength. On a standalone basis:

• Total Income growth to ?1,304 Mn — a 72.8% year-on-year growth compared to ?754 Mn in the previous year, due to strong business momentum, increased offshoring opportunities from global clients, higher project wins as a preferred vendor, and a significant rise in other income to ?100 Mn.

• Total Expenditure stood at ?830 Mn, reflecting a 62.2% increase from ?512 Mn, largely attributed to the parallel scale-up of operations and project delivery execution, the expansion of the new Bengaluru creative division to support offshore mandates, higher depreciation from technology infrastructure investments.

• Net Profit Increased to 7316 Mn, reflecting an 84.8% increase from 7171 Mn, driven by robust standalone volume growth, positive operating leverage from increased offshoring, and sharp internal cost control measures compared to the previous year. This performance reinforces the strength of our margin- focused execution and sustained value delivery.

Consolidated

The fiscal year marked another chapter of strong consolidated performance and global momentum for Basilic Fly Studio Limited.

• On a consolidated basis, Total Income rose to 74,184 Mn — a robust 36.6% increase compared to 73,062 Mn in the previous year, reflecting sustained demand across geographies.

• Profit after Tax stood at 7506 Mn, registering an impressive 13.2% growth over 7447 Mn in the previous fiscal, underscoring efficient execution and disciplined financial management.

Our global footprint continues to strengthen, with subsidiaries in Vancouver and London playing an increasingly pivotal role. These international operations are expected to contribute significantly to both top-line and bottom-line growth in the coming years, fueled by expanded service offerings and deepening client relationships in mature markets.

CHANGE IN NATURE OF BUSINESS

During the year under review, there has been no change in the nature of the Companys business.

CREDIT RATING

During the year under review, the leading credit rating Agency CRISIL Ratings Limited has assigned a long-term rating of "CRISIL A-/Stable" and a short-term rating of "CRISIL A2+" to the Company.

DIVIDEND

The Directors have not recommended any Dividend on equity shares of the company for the year ended March 31, 2026.

TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND

Pursuant to the provisions of Section 124 of the Act, Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("IEPF Rules") read with the relevant circulars and amendments thereto, the amount of dividend remaining unpaid or unclaimed for a period of seven years from the due date is required to be transferred to the Investor Education and Protection Fund ("IEPF"), constituted by the Central Government. Further, the shares on which a dividend has not been paid or claimed by the shareholders for seven consecutive years or more shall also be transferred to the Demat account of the IEPF.

During the Year, no amount of dividend was unpaid or unclaimed for a period of seven years and therefore, no amount is required to be transferred to Investor Education and Provident Fund under the Section 125(1) and Section 125(2) of the Act.

SHARE CAPITAL

Authorised Share Capital

During the year under review, the Authorised Share Capital of the Company was increased from 725,00,00,000/- (Rupees Twenty-Five Crores only) to 730,00,00,000/- (Rupees Thirty Crores only), by obtaining the requisite approvals from the shareholders and adhered to regulatory compliances.

Issued, Subscribed and Paid-up Share Capital

During the year under review, the Company has raised amount aggregating to 784.99 crores by allotting 20,25,000 equity shares through Qualified Institutional Placement at 7 419.72 per share (including a premium of 7 409.72 per Equity Share), as determined in terms of SEBI ICDR Regulations.

Pursuant to the aforesaid Qualified Institutions Placement of Equity Shares, the paid-up Equity Share Capital of the Company stands increased from 723,24,00,000/- to 725,26,50,000/- comprising of 2,52,65,000 Equity Shares of 710/- each.

SUBSIDIARY, ASSOCIATE, JOINT VENTURE COMPANIES

As on March 31, 2026, the Company has four subsidiaries namely Basilic Fly Studio UK Private Limited (wholly owned subsidiary), Basilic Fly Studio Canada Limited (Subsidiary), One of Us Ltd (step-down subsidiary) and One of Us Paris (Step-down Subsidiary). The Company has no associate or joint venture companies. In accordance with Section 129(3) of the Companies Act, 2013, a statement containing salient features of the financial statements of the subsidiary companies in Form AOC-1 is provided as Annexure I. There has been no material change in the nature of the business of the subsidiaries.

The financial performance of the subsidiaries during FY 2025-26 is summarised below:

Basilic Fly Studio Canada Limited

The Canadian subsidiary continued its operations in line with its strategic objectives, focusing on expanding the Companys footprint in the North American market. The subsidiary recorded revenue of 7669.69 million and a Profit after Tax of 71,01.21 million during the year.

Basilic Fly Studio UK Private Limited

The wholly owned subsidiary of the Company recorded revenue of 799.40 million and a Profit after Tax of 75.22 million during the year.

One of Us Ltd

The step-down subsidiary continued to carry on its business operations in its respective geography and delivered a stable financial performance during the year. The entity remained focused on servicing its existing clientele while pursuing opportunities for business expansion. The subsidiary recorded revenue of 72,038.13 million and a Profit after Tax of 7152.04 million during the year.

One of Us Paris

The step-down subsidiary continued its operations in France and supported the Groups European business initiatives. During the year, the subsidiary maintained its operational activities and contributed to strengthening the Groups presence in the region. The subsidiary recorded revenue of 71062.99 million and a Loss after Tax of 7100.47 million during the year.

The Board reviews the operational and financial performance of its subsidiaries on a periodic basis and is satisfied with their overall performance during the year.

MATERIAL SUBSIDIARY POLICY

Pursuant to the provisions of Regulation 16(1)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has adopted a Policy for determining Material Subsidiaries laying down the criteria for identifying material subsidiaries of the Company. Accordingly, One of Us Ltd, step-down subsidiary has been determined as material subsidiary of the Company during the financial year 2025-26. The Policy may be accessed on the website of the Company at: https://basilicflystudio.com/ wp-content/uploads/2026/02/Policy-for-Determining- Material-Subsidiary.pdf

DIRECTORS AND KEY MANAGERIAL PERSONNEL APPOINTMENT

Ms. Ravichandran Chitra (DIN: 07749125) has been appointed as Independent Director of the Company for a term of five consecutive years i.e. from January 23, 2026 to January 22, 2031, not liable to retire by rotation.

RE-APPOINTMENT

During the year under review, following Directors were reappointed:

1. Mr. Balakrishnan (DIN: 06590484) was re-appointed as the Managing Director of the Company for a period of five consecutive years i.e. from January 1, 2026 to December 31, 2031.

2. Ms. Sundaram Yogalakshmi (DIN: 07323404) was reappointed as a whole-time Director of the Company for a period of five consecutive years i.e. from January 1, 2026 to December 31, 2031.

RETIRE BY ROTATION

In line with the provisions of the Act and the Articles of Association of the Company, Ms. Rajarathinam Thiripurasundari (DIN: 07323583), retires by rotation at the ensuing AGM and being eligible, offers herself for reappointment.

RESIGNATION

During the year under review, Mr. Jitendra Kumar Pal (DIN: 08567622) tendered his resignation as Independent

Director of the Company with effect from May 12, 2025 due to the limitation in his new engagement to work as KMP in a company, He has confirmed that there are no material reasons for his resignation

COMPLETION OF TENURE

Mr. Duraiswami Prabhakar (DIN: 09831080) ceased to be a Whole-time director with effect from December 31, 2025 on completion of his tenure.

DECLARATION BY INDEPENDENT DIRECTORS

The Company has received declarations from all its Independent Directors under Section 149(7) of the Companies Act, 2013, confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Act along with Rules framed thereunder and Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In terms of Section 150 of the Act read with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014, Independent Directors of the Company have confirmed that they have registered with the databank maintained by the Indian Institute of Corporate Affairs. In the opinion of the Board, the Independent Directors of the Company possess the requisite experience, expertise and proficiency required under applicable laws and the policies of the Company and that they are not disqualified from being appointed / continuing as Director in terms of Section 164(1) and 164(2) of the Act.

KEY MANAGERIAL PERSONNEL

The Key Managerial Personnel (KMP) of the Company as on March 31, 2026 in terms of the Section 203 of the Act were as follows:

Name	Designation
Mr. Balakrishnan	Managing Director
Mr. Gaurav Mehra	Chief Financial Officer
Mr. Ikkurthi Chandramohan	Company Secretary and Compliance Officer

During the year under review, Mr. Ikkurthi Chandramohan has been appointed as the Company Secretary and Compliance Officer of the Company w.e.f October 03, 2025 and Ms. Swati Sharma ceased to be the Company Secretary with effect from September 30, 2025.

MEETINGS OF THE BOARD

Twelve meetings of the Board were held during the year under review. The necessary quorum was present for all the meetings. The maximum interval between any two Board meetings did not exceed 120 days. For details of meetings and composition of the Board and Committees of the Board, please refer to the Corporate Governance Report, which forms part of this Report.

FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

Pursuant to the provisions of Regulation 25(7) of the SEBI (Listing and Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule IV of the Act, the Company has in place a Familiarization Programme for its Independent Directors to acquaint them with the Company, their roles and responsibilities, the business model, operational aspects and governance framework of the Company. Through this program, the Independent Directors are provided with relevant information and insights to enable them to gain a comprehensive understanding of the Companys business and to contribute effectively to the Board and its Committees.

The familiarization sessions are conducted through presentations, briefings and interactions with senior management, as and when required. Details of the Familiarization Program for Independent Directors are also disclosed on the Companys website at https:// basilicflystudio.com/wp-content/uploads/2026/04/ Familarization-Programme-1.pdf

BOARD EVALUATION

The Nomination and Remuneration Committee laid down a criteria for evaluating Board effectiveness by assessing performance of the Board as a whole, performance of individual Director and Committees of the Board namely Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Risk Management Committee. The Board approved the criteria laid down by Nomination and Remuneration Committee for evaluating Board effectiveness and has carried out annual performance evaluation of its own performance, the Directors individually and of its Committees as mandated under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION

Policy on Appointment of Directors and Board Diversity including the criteria for determining qualifications, positive attributes, independence of a director and other matters which is available on the Companys website at: https://basilicflystudio.com/wp-content/ uploads/2026/01/Remuneration-Policy.pdf

DIRECTORS RESPONSIBILITY STATEMENT

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, the work performed by the internal, statutory and secretarial auditors, including the audit of internal financial controls over financial reporting by the statutory auditors and the reviews performed by the management and the relevant Board Committees, including the Audit Committee, the Board is of the opinion that the Companys internal financial controls were adequate and effective during FY 2025-26. Pursuant to Section 134(5) of the Act, the Board of Directors, to the best of its knowledge and ability, confirm that for the year ended March 31, 2026:

(i) In the preparation of the annual accounts, the applicable accounting standards have been followed and there are no material departures;

(ii) They have selected such accounting policies and applied them consistently and made judgements and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and loss of the Company for that period;

(iii) They have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) They have prepared the annual accounts on a going concern basis;

(v) They have laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and operating effectively;

(vi) They have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

The annual report on Corporate Social Responsibility (CSR) containing details of CSR Policy and composition of CSR Committee of the Company, as required under section 135 of Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014, is set out under Annexure II of this Report. For other details regarding CSR Committee, please refer to the Report on Corporate Governance forming part of this Annual Report

CONSERVATION OF ENERGY, TECHNOLOGYABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO

Particulars regarding conservation of energy and technology absorption undertaken and the foreign exchange earnings and outgo is set out in Annexure III of this Report.

AUDIT COMMITTEE

The details of Audit Committee meetings and composition of the Committee are given in the Corporate Governance Report.

NOMINATION AND REMUNERATION POLICY

The Companys policy on Directors appointment and remuneration, including criteria for determining qualifications, positive attributes, independence of a Director and other matters provided under Section 178 (3) is annexed with this Report as Annexure IV.

AUDITORS Statutory Auditors

At the Sixth Annual General Meeting ("AGM") of the Company held on September 30, 2022, the Members approved the appointment of M/s. L.U. Krishnan & Co., Chartered Accountants (ICAI Firm Registration No. 001527S), as the Statutory Auditors of the Company, to hold office for a period of five consecutive years from the conclusion of the said AGM till the conclusion of the Eleventh AGM of the Company to be held in the year 2027.

The Statutory Auditors have confirmed that they continue to satisfy the criteria provided under Section 141 of the Companies Act, 2013 and the Rules framed thereunder.

The Auditors Report on the Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, forms part of this Annual Report. The Auditors Report does not contain any qualification, reservation, adverse remark or disclaimer.

Secretarial Auditors and Secretarial Audit Report

During the year under review, the Members of the Company through Postal Ballot approved the appointment of M/s. Alagar & Associates LLP (Formerly known as M. Alagar & Associates), Company Secretaries (Firm Registration No. L2025TN019200), as the Secretarial Auditors of the Company for a term of five consecutive years commencing from the financial year 2025-26 up to the financial year 2029-30, pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Secretarial Audit Report for the financial year ended March 31, 2026, issued by M/s. Alagar & Associates LLP (Formerly known as M. Alagar & Associates), Company Secretaries, in Form MR-3, forming part of this Annual Report as Annexure V.

The Secretarial Audit Report does not contain any qualification, reservation, adverse remark or disclaimer.

Cost records and Audit

The provision of Section 148 of the Act relating to maintenance of cost records and cost audit are not applicable to the Company.

Internal Auditor

M/s KEK & Associates LLP, Chartered Accountants, have been appointed as the Internal Auditor of the Company for the FY 2025-26. The Audit Committee, on a quarterly basis, reviews the internal audit observations and, in consultation with the management, evaluates the performance of the Internal Auditor and the adequacy of the internal control systems. The Committee also reviews the adequacy of the internal audit function, including its structure, staffing, reporting framework, coverage and frequency, discusses significant audit findings and follow up actions thereon, and considers the findings of internal investigations relating to suspected frauds, irregularities or material weaknesses in internal controls, and reports the same to the Board, as appropriate.

Further, The Board has appointed M/s. Vaish & Co as an Internal Auditor to conduct the internal audit of the Companys functions and activities for financial year 2026-27.

INTERNAL FINANCIAL CONTROL SYSTEMS AND ITS ADEQUACY

The Companys internal control systems are commensurate with the nature of its business, the size and complexity of its operations and such internal financial controls with reference to the financial statements are adequate. The details in respect of internal financial controls and its adequacy are included in the Management Discussion and Analysis, which forms part of this Report.

REPORTING OF FRAUDS

The Auditors of the Company have not reported any instances of fraud committed against the Company by its officers or employees as specified under Section 143(12) of the Act read with Rule 13 of the Companies (Audit and Auditors) Rules, 2014.

RISK MANAGEMENT

The Board of Directors of the Company has a Risk Management Committee to frame, implement and monitor the risk management plan for the Company. The Committee is responsible for monitoring and reviewing the risk management plan and ensuring its effectiveness. The Audit Committee has additional oversight in the area of financial risks and controls. The major risks identified by the businesses and functions are systematically addressed through mitigating actions on a continuing basis. The development and implementation of risk management policy has been covered in the Management Discussion and Analysis, which forms part of this Report.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS

During the financial year under review, the Company granted a loan of GBP 2 million to Basilic Fly Studio UK Private Limited in accordance with the applicable provisions of the Companies Act, 2013 and other applicable laws.

Loans, guarantees and investments covered under Section 186 of the Act have been disclosed in the financial statements, which forms part of this Integrated Annual Report.

RELATED PARTY TRANSACTIONS

All related party transactions that were entered into during FY 2025-26 were on arms length basis, in the ordinary course of business and were in compliance with the applicable provisions of the Act and the SEBI Listing Regulations. There were no material significant related party transactions entered into by the Company which may have a potential conflict with the interest of the Company at large. Accordingly, the disclosure of related party transactions as required under Section 134(3)(h) of the Act read with Rule 8(2) of the Companies (Accounts) Rules, 2014 in Form AOC-2 is not applicable to the Company for FY 2025-26 and hence, does not form part of this Integrated Annual Report.

In terms of Regulation 23 of the SEBI Listing Regulations, the Company submits details of related party transactions on a consolidated basis as per the specified format to the stock exchanges on a half-yearly basis.

The details of the transactions with related parties are provided in the accompanying Financial Statements. Policy on Related Party Transactions (RPT Policy) for identifying, reviewing, approving and monitoring of Related Party Transactions and the same is available on the Companys website at https://basilicflystudio.com/wp-content/ uploads/2026/02/Policy-on-Related-Party-Transactions.pdf

DEPOSITS

During the financial year ended March 31, 2026, the Company has not accepted any deposits from the public falling within the ambit of Section 73 of the Act and the Rules framed thereunder. Hence, the Company does not have any unclaimed deposits as on the date of the Balance Sheet. The Company complies with the requirement of filing the requisite return with respect to amount(s) not considered as deposits

ANNUAL RETURN

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act, the Annual Return as on March 31, 2026 is available on the Companys website at: https://basilicflystudio.com/ investors/

DISCLOSURE REQUIREMENTS

As per SEBI (Listing and Obligations and Disclosure Requirements) Regulations, 2015, the Management Discussion and Analysis, the Corporate Governance Report with the Auditors Certificate thereon forms part of this report.

VIGIL MECHANISM

The Company has a Whistle Blower Policy and has established the necessary vigil mechanism for Employees, Directors and Stakeholders in conformation with the provisions of Section 177(9) of the Companies Act, 2013 and Regulation 22 of SEBI (Listing and Obligations and Disclosure Requirements) Regulations, 2015, to report genuine concerns about unethical behaviour and to ensure strict compliance with ethical and legal standards across the Company. This Policy is available on the website of the Company at: https://basilicflystudio.com/wp-content/ uploads/2026/02/Whistle-Blower-Policy.pdf

PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES

In terms of the provisions of Section 197(12) of the Act read with Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, a statement showing the names of the top ten employees in terms of remuneration drawn and names and other particulars of the employees drawing remuneration in excess of the limits set out in the said rules, forms part of this Report. Disclosures relating to remuneration and other details as required under Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 forms part of this Report. Having regard to the provisions of the second proviso to Section 136(1) of the Act and as advised, the Annual Report excluding the aforesaid information is being sent to the members of the Company. Any member interested in obtaining such information may address their email to cs@basilicfly.com

DISCLOSURES UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013 ["POSH ACT"]

The Company has always believed in providing a safe and harassment free workplace for every individual working in Companys premises through various interventions and practices. The Company always endeavours to create and provide an environment that is free from discrimination and harassment including sexual harassment. The Company has in place a robust Policy on Prevention of Sexual Harassment (Policy) at workplace which is in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH Act). The Company has complied with provisions relating to the constitution of Internal Complaints Committee (ICC) under POSH Act.

ICC has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary and trainees) are covered under this Policy. The policy is gender neutral. No complaints were received during the year.

S. No. Particulars	Number
1 Number of complaints filed during the financial year	-
2 Number of complaints disposed of during the financial year	-
3 Number of cases pending at the end of the financial year	-
4 Number of cases resolved beyond 90 days	-

COMPLIANCE WITH MATERNITY BENEFIT ACT, 1961

The Company remains fully committed to upholding its Maternity Policy in strict compliance with applicable laws, including the Maternity Benefit Act, 1961, and in alignment with internal human resource protocols. The policy is designed to support the health, well-being, and work-life balance of women employees during and after pregnancy.

SECRETARIAL STANDARDS

The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

SIGNIFICANT AND MATERIAL ORDERS

There were no significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and the Companys operations in future.

MATERIAL CHANGES AND COMMITMENTS

There is no material changes and commitments affecting the financial position of the company which have occurred between the end of the financial year of the company to which the financial statements relate and the date of the report.

PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

No proceedings are initiated/pending against the Company under the Insolvency and Bankruptcy Code, 2016.

THE DETAILS OF THE DIFFERENCE BETWEEN THE AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE-TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING A LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS

There was no instance of any one-time settlement or any requirement of a valuation for any loan from the banks or financial institutions during the year.

ACKNOWLEDGEMENTS

We take this opportunity to thank the employees for their dedicated service and contribution to the Company. We also thank our banks, business associates, members and other stakeholders for their continued support to the Company.

For and on behalf of Board of Directors of

Basilic Fly Studio Limited

Balakrishnan

Chairman

DIN:06590484

Date: August 14, 2026

Place: Chennai