Statement of deviation(s) or variation(s) under Reg. 32

Certified ISO 9001 :2015 ISO 27001 :2022 CMMI ML5 Regd. Office: 8-42, Industrial Estate, Sanath Nagar Hyderabad -500 018, Telangana, India Phone: +91402381 3281/3294/2894/4894 Fax: +91402381 3694 Email: info@zentechnologies.com, Website: www.zen.in Corporate Identity Number: L72200TG1993PLC015939 July 25, 2026 To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol: ZENTEC Scrip Code: 533339 Dear Sir/Madam, Sub: Statement of Deviation or Variation in utilization of funds raised through QIP under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the quarter ended June 30, 2026 Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Statement of Deviation or variation in utilization of funds raised through Qualified institutional placement (QIP) by the Company, for the quarter ended June 30, 2026. Further, the Company has submitted the Statement of Deviation or Variation in XBRL mode at the time of submission of the financial statements. This is for your kind information and records. Thanking you Yours faithfully, For Zen Technologies Limited Sourav Dhar Company Secretary & Compliance Officer Encl: As above Works: Plot No. 36, Hardware Park, Near Shamshabad International Airport, Hyderabad -501 510, Telangana, India •<rp�ML Appraisal#74961 I Exp.Feb17,2028 ~ Z E N Certified ISO 9001 :2015 (QMS), ISOIIEC 27001 :2022 (ISMS), CMMI ML5 Regd. Office: B-42, Industrial Estate, Sanath Nagar Hyderabad -500 018, Telangana, India Phone: +91 40 2381 3281 /3294/2894/4894 Fax: +91 40 2381 3694 TECHNOLOGIES Email: info@zentechnologies.com, Website: www.zen.in being there ... Corporate Identity Number: L72200TG1993PLC015939 STATEME TOFDEVIATION/VARIATIO ' I UTILIZATIO OF FUNDS RAISED Name of the listed en lit) M/s Zen Technologies Limited Mode of Fund Raising QIP Date of Raising Funds 23-08-2024 Rs. 979.51 Crores• (Net of Amount Raised (in Rs. Crores) issue expenses) Report Ii led for Quarter ended 30-06-2026 Monitoring Agency Yes Monitoring Agency amc. i r appl icablc CRISIL Ratings Limited Is there a Deviation/ Variation in use of funds raised No If yes. whether the same is pursuant to change in terms ofa contract or objects, which was appro\ cd by the shareholders If Yes, Date of shareholder Approval NA Explanation for the Deviation/ Variation NA Comments of the Audit Committee after review Comments of the auditors. if any NA Amount of Modified Modified DeviationN ariation Original Funds Remark Sr Original Object Object, if allocation, for the quarter Allocation Utilised s ifany any if any according to annlicable obiect Funding working capital I N/\ 410.00 A 410.00 Nil A requirements of the Comoanv Funding inorganic growth 2 through acquisitions and N/\ 350.00 NI\ 171.42 Nil NA other strate11.ic initiatives 3 General corporate purposes NJ\ 219.51 A 131.21 Nil NA Note: During the quarter ended September 30. 202.J, 1he Company has completed its Qualified lnsti1wional Placemelll ('QIP') of 62.46.096 Equity shares of Face ,,afue of? /1- each ('equity shares') for cash a, a price of ( 16011- per Equity Share (including a share premium of ( 160() - per £qui1y Share) aggregaling to ? 1.00().00 crore. The issue was made in accordance with SEBI (Issue of Caoi/(// and Disclosure Requiremenls) Re?,11la1iu11s. 2018, as amended. Dev1at1on could mean: a) Deviation in the objects or purposes for \1 hich the funds have been raised b) Deviation in the amount or funds actually utilized as against what was originally disclosed Chief Financial Officer Place : Hyderabad Date : July 25,2026 Works: Plot No. 36, Hardware Park, Near Shamshabad International Airport, Hyderabad -501 510, Telangana, India AC..C. RE _DI.T .T.I ) • rC.f.R.-Tl.'.I C..A_T.IO N I AM-a111, ,.-.1 L•r•11 JClJ9