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Exicom Tele-Systems Limited announced that its Board of Directors, in a meeting held on December 31, 2025, approved proposed material related party transactions. These transactions will be entered into between the Company and its subsidiary(ies) and/or between subsidiary(ies) and step-down subsidiary(ies) where the Company is not a direct party.

The proposed transactions involve the transfer of resources, services, or obligations, either individually or as a series of transactions. These are subject to the mandatory approval of the Company's shareholders, as stipulated by Regulation 23 of the SEBI Listing Regulations. The value of these transactions may exceed the materiality thresholds defined by the SEBI Listing Regulations. Both the Audit Committee and the Board have approved these transactions, which are stated to be in the ordinary course of business and conducted on an arm's length basis.

Furthermore, the Board also approved the draft Postal Ballot Notice, which will be sent to shareholders to seek their approval for the aforementioned material related party transactions. This notice will be dispatched in due course and subsequently filed with the stock exchanges.