Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the half year ended on September 30, 2026

SWASTIKA CASTAL LTD. Corporate Office: 306, Tower A, Mayfair Corporate Park, Behind Delhi Public School, Kalali, Vadodara, Gujarat - 390012. Date: 26/10/2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 544452 Sub.: Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Half Year ended September 30, 2026. Dear Sir/Madam, Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/ 2023/120 dated July 11, 2023, we are enclosing herewith statement of deviation(s) or variation(s) in utilization of funds raised through Public Issue for the half year ended September 30, 2026 in the format prescribed annexed to this letter. We confirm that, for the half year ended September 30, 2026, there has not been any deviation(s) or variation(s) in the utilization of net proceeds of Public Issue as mentioned in the objects stated in the Prospectus dated July 15, 2025 and the same has been reviewed by Audit Committee. The said information is also being made available on the website of the Company at https://sclcasting.com/compliance/ Thanking you, Yours faithfully, For SWASTIKA CASTAL LTD Varun Sharda Managing Director DIN: 01571483 Encl.: a/a SWASTIKA CASTAL LTD. Corporate Office: 306, Tower A, Mayfair Corporate Park, Behind Delhi Public School, Kalali, Vadodara, Gujarat - 390012. STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE Sr. No. Particula Detail 1 Name of listedrs entity SWASTIKA CASTAsL LTD 2 Mode of Fund Raising Public Issue (Initial Public Offer) 3 Date of Raising Funds 28th July, 2025 4 Amount Raised (in lakhs) 1406.60 lakhs 5 Report filed for half year ended September 30, 2026. 6 Monitoring Agency Not Applicable 7 Monitoring Agency Name, if No applicable 8 Is there a Deviation I Variation in No use of funds raised 9 If yes, whether the same is Not Applicable pursuant to change in terms of a 10 If Yes, Date of shareholder Approval Not Applicable 11 Explanation for the Deviation/ Not Applicable Variation 12 Comments of the Audit No comments Committee after review 13 Comments of the auditors, if any No comments Objects for which funds have been raised and where there has been a deviation, in the following table: Original Object Original Funds Amount of Deviation Remarks, if any Allocation Utilised /Variation for the (in lakhs) (in lakhs) quarter according to applicable object Capital Expenditure for ₹ 500.00 ₹ 500.00 Nil Nil acquisition of Plant & Machinery and Construction Of Shed & Building. Working Capital Requirements ₹ 550.00 ₹ 550.00 Nil Nil General Corporate Purposes ₹ 159.68 ₹ 159.68 Nil Nil Public Issue Related Expenses ₹ 196.92 ₹ 196.92 Nil Nil Total ₹ 1406.60 ₹ 1406.60 Nil Nil SWASTIKA CASTAL LTD. Corporate Office: 306, Tower A, Mayfair Corporate Park, Behind Delhi Public School, Kalali, Vadodara, Gujarat - 390012. Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed (c) Change in terms of a contract referred to in the fundraising document i.e. prospectus, letter of offer, etc. Note : The proceeds raised through the company's public issue have been 100% fully utilized as per the stated objects, and the final statement reflecting Nil balance was already submitted for the half-year ended 31st March, 2026. Thanking you, Yours faithfully, For SWASTIKA CASTAL LTD Varun Sharda Managing Director DIN: 01571483