Physicswallah Limited announced on February 05, 2026, that its Board of Directors has approved the incorporation of a wholly-owned subsidiary in India. The new entity, to be named 'Physicswallah Student Housing Private Limited' or 'Physicswallah Student Living Private Limited' (or similar approved name), will focus on providing hostel facilities to students enrolled with the PW Group across applicable cities. The subsidiary will operate in the Hospitality Services industry. Physicswallah Limited will subscribe to 100% of the share capital in cash, amounting to ₹1,00,000 (Indian Rupees One Lakh Only), comprising 10,000 equity shares of ₹10 each. The Board of Directors meeting commenced at 05:00 P.M. (IST) and concluded at 07:00 P.M. (IST) on February 05, 2026. This disclosure is made pursuant to Regulation 30 of the SEBI Listing Regulations.