Statement on Deviation or variation of funds under Regulation 32 of SEBI(LODR) Regulations,2015 for the quarter ended on 30th September,2026

YARN SYNDICATE LIMITED CIN: L51109GJ1946PLC153972 Registered Office & Corporate office: 188/2, Ranipur Village, Opp. CNI Church, Narol, Ahmedabad, Daskroi, Gujarat, India,382405 E-mail: ysl@yarnsyndicate.in, Contact No: +91 78628 68215 Date: 2nd November,2026 BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001. Dear Sir / Madam, Sub: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Security Id: YARNSYN / Code: 514378 Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds from the Right Issue of the Company during the Quarter ended on 30th September, 2026. The said statement was duly reviewed by the Audit Committee at its meeting held today, i.e., 2nd November, 2026. This is for your information and records please. Thanking You, FOR, YARN SYNDICATE LIMITED TARACHANDBHAI AGRAWAL DIRECTOR DIN: 00465635 STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED: Name of listed entity Yarn Syndicate Limited Mode of Fund Raising Rights Issue Date of Raising Funds 01-07-2026 Amount Raised (Rs. In Lakhs) 189.35 Report filed for quarter ended 30-09-2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms Not Applicable of a contract or objects, which was approved by the Unitholders If Yes, Date of Unitholders Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review None Comments of the auditors, if any None Set forth below are objects for which funds have been raised in the Right Issue and details of deviation, if any, in the following table: (Rs. In Lakhs) Original Modified Original Amount Modified Unutilised Amount of Remark s Object Object, if Allocation utilized Allocation, Amount Deviation/ if any any as per LOF if any Variation for Quarter according to applicable object Acquisition of No 2534.50 1984.5 - - No deviation Shares Equity Shares are in Stitched partly Textiles Paid Limited Incremental No 1350.00 188.67 - 0.67 No deviation Shares Working are Capital partly Paid General No 800.00 270 - - No deviation Shares Corporate are Purpose partly Paid Total 4684.50 2443.17 0.67 Deviation or variation could mean: (a) Deviation in the objects or purposes for which 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, YARN SYNDICATE LIMITED TARACHANDBHAI AGRAWAL DIRECTOR DIN: 00465635