NSEStatement of deviation(s) or variation(s) under Reg. 322d ago · 29 Oct 2026, 05:49 pm

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

Steamhouse India Limited · STEAMHOUSE

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Steamhouse India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, stating that there has been no deviation or variation in the utilisation of the IPO proceeds from the objects stated in the Prospectus of the Company.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Steamhouse India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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CAVAIBHAVGATTANI_29102026174852_Statement_of_Deviation.pdf

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STEAMHOUSE INDIA LIMITED 4 steamhouse” Date: 29 October 2026 Ref. No.: SHIL/OCT/29/03/2026-27 To To Department of Corporate Services National Stock Exchange of India Limited BSE Limited Eschange Plaza, C-1, Block G Phiroze Jecjecbhoy Towers Bandra Kurla Comples Dalal Street, Mambai — 400 001 Bandra (E), Mumbai — 400 051 Scrip Code: 544914 (BSE) Symbol: STEAMHOUSE (NSE) ISIN: INEOFRO01022 Subject: Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter Ended September 30, 2026. Dear Sir/Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Statement of Deviation or Variation in Urlisation of Funds mised through the Initial Public Offering (“IPO”) of the Company for the quarter ended September 30, 2026. We confirm that there has been no deviation or vasiation in the utilisation of the IPO proceeds from the objects stated in the Prospectus of the Company. We request you to kindly take the above information on record. Thanking You, For Steamhouse India Limited Shyam Bhadresh Kapadia Company Secretary & Compliance Officer FCS No.: 13082 Encl.: As above. STEAMHOUSE INDIA LIMITED CIN: 140300GJ2015PLC083493 Contact No.: +91 9099512222, 0261-2998109 | Email Id: compliance@steamhouse.in| Website: www.steamhouse.in. Registered office address: Office No. — 324, Second Floor, Fou Point, V.IP. Road, Vesu, Surat-395007, Gujazat. STEAMHOUSE INDIA LIMITED 7‘ s teamhouse® ANNEXURE -A STATEMENT OF DEVIATIONNARIATION IN UTILISATION OF FUNDS RAISED THROUGH PUBLIC ISSUE FOR THE QUARTER ENDED SEPTEMBER 30, 2026 Particulars Details Name of the Listed Entity Steamhouse India Limited Mode of Fund Raising Public Tssuc - Initial Public Offering (IPO) Date of Raising Funds September 17, 2026 Amount Raised Fresh Issue - Rs. 3,530 million Report filed for Quarter ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable 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 | Not Applicable objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation/ Variation Not Applicable Comments of the Audit Committee after review Nil Comment of the Auditors, if any Nil STATEMENT OF UTILISATION OF FUNDS AS ON SEPTEMBER 30, 2026 Original Object | Modified | Original | Modified Funds Amount of Remarks, if Object,i | Allocation | Allocation | Utilized | Deviation/Variation any any (Rs.In (Rs. In (Rs. In for the quarter million) million) million) according to applicable object Repayment or Not 1,800.00 1,800.00 141895 Not Applicable Not prepaymofe alnl tor | Applicable Applicable a portion of certain outstanding borrowings Funding capital Not B B B Not Applicable Not expenditure Applicable Applicable requirements for augmenting infrastructure development of the Company towards = capacity Not 379.77 379.77 B Not Applicable Not expansoif othne | Applicable Applicable Ankleshwar Facility (Phase - capacity Not 379.76 379.76 5.00 Not Applicable Not expansoif othne | Applicable Applicable Pancli Facility (Phas2e) Funding capital Not 38174 38174 B Not Applicable Not expenditure in | Applicable Applicable wlation to the setting up of a manufacturing facility for gencration of steam at_Dahej GIDC STEAMHOUSE INDIA LIMITED CIN: 140300G]J2015PLC083493 Contact No.: +91 9099512222, 0261-2998109 | Email Id: compliance@steamhouse.in| Website: www.steamhouse.in. Registered office address: Office No. — 324, Second Floor, Fou Point, V.IP. Road, Vesu, Surat-395007, Gujazat. STEAMHOUSE INDIA LIMITED 4 steamhouse” (Phase 2) General corporate Not 231.25 285.79 27075 Not Applicable Tncrease purposes Applicable pursuant to rectification of inadvertenty disclosed issue expenses (Refer Note below) Net Proceeds Not 317252 3,225.06 1,694.70 Not Applicable Refer note Applicable below Tssue Espense Not 357.48 304.94 20017 Not Applicable Decrease Applicable pursuant to rectification of inadvertenty disclosed issue expenses (Refer Note below) Gross Proceeds Not 3,530.00 3,530.00 1,894.87 Not Applicable Not Applicable Applicable Notes: It was observed that the estimated offer-related expenses attributable to the Fresh Issue were inadvertently disclosed in Prospectus as Rs 357.48 million instead of the correct amount of Rs 304.94 million, on account of an inadvertent clubbing of expenses pertaining to the Fresh Issue and the Offer for Sale. Upon obtaining an independent legal opinion dated October 23, 2026, from Shreyansh Jain, Practicing Company Secretary (membership no. F7105), the Company has rectified the disclosure and revised the Fresh Issue espense amount to Rs 304.94 million. Accordingly, the General corporate purposes have increased from Rs 231.25 million to Rs 283.79 million, resulting in a corresponding increase in the net proceeds from Rs 3,172.52 million 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 or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. For Steamhouse India Limited For STEAMHOUSE INDIA LIMITED Direc/ tAuothro, Lalankumar Dayanand Yadav Executive Director DIN: 07893781 Date: October 29, 2026 Place: Surat STEAMHOUSE INDIA LIMITED CIN: 140300GJ2015PLC083493 Contact No.: +91 9099512222, 0261-2998109 | Email Id: compliance@steamhouse.in| Website: www.steamhouse.in. Registered office address: Office No. — 324, Second Floor, Fou Point, V.IP. Road, Vesu, Surat-395007, Gujazat.