General Updates

PRANAV CONSTRUCTIONS LIMITED PC PL Date: 30/10/2026 The Manager The Compliance Manager Listing and Compliance Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Block G, Bandra- Phiroze Jeejeebhoy Towers Kurla Complex, Bandra (East), Mumbai — 400051 | Dalal Street Mumbai- 400001 Scrip Symbol: Pranav Scrip Code: 544909 Sub: Monitoring Agency Report for the quarter ended September 30, 2026 Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 41(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, we are enclosing herewith the Monitoring Agency Report for the quarter and half year ended September 30, 2026 in respect of utilization of the proceeds raised through issuance of equity shares by way of Initial Public Offer (IPO) of the Company, as received from Crisil Ratings Limited, Monitoring Agency on October 30, 2026. This intimation is also available on the website of our Company at www.pranavconstructions.com. We request you to kindly take the same on record. Thanking you. Yours faithfully For Pranav Constructions Limited Ritu Jain Company Secretary & Compliance Officer CIN : L70101MH2003PLC141547 Unit No. 1001, 10th Floor, DLH Park, Near MTNL, SV. Road, Goregaon West, Mumbai - 400104, Maharashtra, India Tel: +9122 6276 9999 Email : compliance.officer@pranavconstructions.com; Website : www.pranavconstructions.com Monitoring Agency Report Pranav Constructions Limited for the quarter ended September 30, 2026 CRL/MAR/ PRCNPL/2026-27/2068 October 30, 2026 Pranav Constructions Limited Unit No. 1001, 10th Floor, DLH Park, Near MTNL, S.V. Road, Goregaon (West), Mumbai – 400 104, Maharashtra. Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Pranav Constructions Limited (“the Company”) Pursuant to Regulation 41 (2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated August 31, 2026, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended September 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: Pranav Constructions Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (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 we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. 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: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Pranav Constructions Limited Names of the promoter: Mr. Pranav Kiran Ashar, Mr. Ravi Ramalingam, Industry/sector to which it belongs: Residential, Commercial Projects 2) Issue Details Issue Period: September 04, 2026, to September 09, 2026 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 3,156.00 million* *Note: Particulars Amount (Rs in million) Gross proceeds 3,156.00# Less: Issue Expenses 358.08 Net Proceeds 2,797.92 #Crisil Ratings shall be monitoring the gross proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments certifications Comments of the Monitoring of the Particulars Reply considered by Agency Board of Monitoring Agency Directors for preparation of report Management undertaking, Peer reviewed ICA Proceeds were utilized towards certificate^, Whether all utilization is as per funding redevelopment expenses, Prospectus dated No the disclosures in the Offer Yes repayment of borrowings, general 09/09/2026 comments Document? corporate purposes and issue (hereinafter referred expenses to as “Offer document”), Bank Statements Whether shareholder approval has been obtained in case of material deviations from NA No comments comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No No comments comments has changed? Is there any major deviation observed over the earlier NA No comments comments monitoring agency reports? Whether all Government/ statutory approvals related to the NA Management No comments comments object(s) have been obtained? Undertaking, Peer Whether all arrangements reviewed ICA pertaining to technical certificate^ No NA No comments assistance/collaboration are in comments operation? Are there any favorable events improving the viability of these No No comments comments object(s)? Are there any unfavorable events affecting the viability of the No No comments comments object(s)? Is there any other relevant information that may materially No No No comments affect the decision making of the comments investors? NA represents Not Applicable ^Certificate dated October 24, 2026, issued by M/s Agrawal Jain & Gupta, Chartered Accountants (Firm Registration Number: 013538C), peer reviewed independent chartered accountant 4) Details of object(s) to be monitored: i. Cost of the object(s): Comments of the Board of Source of Original Directors information/ cost Revised Comment Sr. certification (as per the Particular Cost of the No Item considered Offer Reason Proposed s of firm (Rs in Monitoring . Head by MA for Document) of Cost financing arrangem million) Agency preparation (Rs in revision option ents of report million) made Funding costs towards obtaining government and statutory approvals and purchase of additional FSI as per applicable laws and cost towards c [Showing first 8,000 characters — download PDF for full document]