26. Subsequent Events

On July 9, 2026, subsequent to the end of the fiscal quarter covered by this Quarterly Report, the USDC NY issued an Opinion and Order in Roadzen, Inc. v. Meteora Capital Partners, L.P., et al., No. 25-cv-7867 (JPO), granting the defendants’ motion to dismiss the Company’s Amended Complaint. The action, originally filed on September 22, 2025 and amended on October 17, 2025, sought to recover approximately $28.5 million that the Company alleges is owed to it under the Forward Purchase Agreement, dated as of September 2023, and its January 2024 amendment, entered into in connection with the Company’s business combination with Vahanna Tech Edge Acquisition I Corp. The Amended Complaint asserted claims for breach of contract, breach of the implied covenant of good faith and fair dealing, common law fraud, fraudulent inducement, negligent misrepresentation, unjust enrichment, civil RICO, and violations of Sections 10(b) and 17 of the federal securities laws, and sought a declaratory judgment piercing the corporate veil and holding certain individual defendants jointly and severally liable. The Court dismissed all asserted claims with prejudice, other than a single breach-of-contract theory relating to the defendants’ alleged failure to timely advance funds under the January 2024 amendment to the Forward Purchase Agreement, as to which the Court granted leave to file a second amended complaint on a limited basis. On August 3, 2026, the Company filed a notice of appeal with the United States Court of Appeals for the Second Circuit.

On August 5, 2026, the Company converted two December 2023 Junior Unsecured Convertible Debentures along with their accrued interest, totaling $0.8 million, into equity at a price of $2.50 per Ordinary Shares, resulting in 328,658 new Ordinary Shares to be issued.