The Board in its meeting held on July 29, 2025, has reviewed and updated the policies which are enclosed herewith.

On July 29, 2025, the Board of Directors of Invigorated Business Consulting Ltd (formerly Escorts Finance Limited) reviewed and updated three key governance policies. The updated policies are: (1) Policy on Materiality of Related Party Transactions and on Dealing with Related Party Transactions, (2) Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, and (3) Code of Conduct for Board Members and Senior Management. The Related Party Transaction policy sets a materiality threshold of Rs. 1,000 crore or 10% of annual consolidated turnover, whichever is lower, and limits omnibus approvals to 10% of annual turnover. The Fair Disclosure code mandates prompt public disclosure of price-sensitive information within 24 hours of material price movements. The Code of Conduct requires directors and senior management to disclose conflicts of interest, avoid insider trading, and confirm compliance annually.