We are submitting herewith Monitoring Agency Reports dated 24.07.2026 issued by India Ratings & Research Private Limited for the quarter ended 30.06.2026.

Date: ‐ 25/07/2026 To, To, The Secretary, The Secretary, Listing Department Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange plaza, BKC, Bandra (E) P. J. Towers, Dalal Street Mumbai‐MH 400051. Mumbai‐ MH 400001. REF:‐(ISIN‐INE908D01010) SCRIP CODE BSE‐531431, NSE Symbol‐SHAKTIPUMP Sub:‐ Monitoring Agency Report for the Quarter ended June 30, 2026 – in relation to the Qualified Institutions Placements (QIPs) of Equity Shares of Shakti Pumps (India) Limited (“the Company”) Dear Sir/Madam, Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, we are enclosing herewith the Monitoring Agency Reports dated 24.07.2026 issued by India Ratings & Research Private Limited, Monitoring Agency, appointed by the Company, for the quarter ended June 30, 2026 in respect of utilization of fund raised through Qualified Institutions Placements (‘QIPs’) held on 22.03.2024 and 05.07.2025. The above information is also being made available on website of the Company at www.shaktipumps.com. You are requested to take the same on your record. Thanking You, Yours Faithfully, For Shakti Pumps (India) Limited Ravi Patidar Company Secretary Enclosure: ‐ As above Date: 24th July 2026 Shakti Pumps (India) Limited 226, Shastri Market, 2nd Floor, MG Road, Indore, Madhya Pradesh - 452001 Subject: Monitoring Agency Report for the quarter ended 30th June 2026 in relation to Qualified Institutions Placement (QIP). Dear Sir, Pursuant to Regulation 173A (2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated 15th March 2024, please find enclosed herewith the Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of QIP for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking You, For and on behalf of India Ratings & Research Private Limited SHRIKANT Digitally signed by SHRIKANT GANDHI DEV G DA atN eD : 2H 0I 2 D 6E .0V 7 .24 23:55:09 +05'30' Name: Shrikant Dev Designation: Company Secretary India Ratings & Research Private Limited A Fitch Group Company Wockhardt Towers, Level 4, West Wing, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Tel: +91 22 4000 1700 Fax: +91 22 4000 1701 CIN/LLPIN: U67100MH1995FTC140049 www.indiaratings.co.in Report of the Monitoring Agency (MA) Name of the issuer: Shakti Pumps (India) Limited For quarter ended: 30th June 2026 Name of the Monitoring Agency: India Ratings & Research Private Limited (a) Deviation from the objects: No Deviation from the objects. Based on the Management undertaking and other documents/certificates provided to us, no deviation from the objects has been observed. (b) Range of Deviation: Not Applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: SHRIKANT Digitally signed by SHRIKANT GANDHI DEV GANDHI DEV Date: 2026.07.24 23:55:45 +05'30' Name and designation of the Authorized Signatory: Shrikant Dev (Company Secretary) Date: 24th July 2026 Page 1 of 10 1) Issuer Details: Name of the issuer: Shakti Pumps (India) Limited Names of the promoters and Promoter: (cid:120) Pallavi Patidar promoters group: (cid:120) Aishwarya Sharma (cid:120) Indira Patidar (cid:120) Geeta Patidar (cid:120) Seema Patidar (cid:120) Dinesh Patidar (cid:120) Sunil Patidar (cid:120) Ankit Patidar (cid:120) Shakti Sons Trust (cid:120) Shakti Brothers Trust (cid:120) Shakti Future Trust Promoter Group: (cid:120) Shakti Irrigation India Limited (cid:120) Vintex Tools and Machineries Private Limited Industry/sector to which it belongs: Pumps & Motors Manufacturing Industry 2) Issue Details: Issue Period: March 19, 2024 to March 22, 2024 Type of issue (public/rights): Qualified Institutions Placement (QIP) Type of specified securities: 16,54,944 Equity Shares of FV ₹ 10 each @ ₹ 1,208.50 per Equity Share. IPO Grading, if any: Not Applicable Issue size: INR 2,000.00 Mn 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information Comments / certifications of the Comments of the Board Particulars Reply considered by Monitoring of Directors Monitoring Agency for Agency preparation of report Yes and Placement Document, Whether all utilization is as Refer Note 1 Refer to our comments Refer Note 1 Management per the disclosures in the on page no. below Note 1 on page no. on page no. undertaking, Relevant Offer Document? 6 6 6 Bank Statements. Page 2 of 10 Source of information Comments / certifications of the Comments of the Board Particulars Reply considered by Monitoring of Directors Monitoring Agency for Agency preparation of report Whether shareholder approval has been obtained in case of Management No NA No Comments material deviations from undertaking Comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed Management No No No Comments objects of the issue has undertaking Comments changed? Is there any major deviation observed over No No NA No Comments the earlier monitoring Comments agency reports? Whether all Government/statutory Partly Management approvals related to the Refer* Refer* obtained undertaking object(s) have been obtained? Whether all arrangements pertaining to technical Management No NA No Comments assistance/collaboration undertaking Comments are in operation? Are there any favorable Management No events improving the No No Comments undertaking Comments viability of these object(s)? Are there any unfavorable Management No events affecting the No No Comments undertaking Comments viability of the object(s)? There is delay in Is there any other relevant deployment information that may Management and materially affect the No No Comments undertaking implementat decision making of the ion of [Showing first 8,000 characters — download PDF for full document]