Monitoring Agency Report

Date: November 2, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 NSE Scrip Symbol: KANOHAR BSE Scrip Code: 544911 Subject: Submission of Monitoring Agency Report for the quarter ended September 30, 2026 Dear Sir/Madam, 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, please find enclosed herewith the Monitoring Agency Report for the quarter ended September 30, 2026, in respect of utilisation of the proceeds raised through the Initial Public Offer (IPO) of the Company, as received from CARE Ratings Limited on October 30, 2026 The aforesaid report has been reviewed by the Audit Committee of the Board of Directors of the Company. This intimation is also being made available on the website of the Company at https://www.kanohar.com/regulation46. We request you to kindly take the same on record. FOR KANOHAR ELECTRICALS LIMITED Neha Company Secretary & Compliance Officer Membership No.: A29167 No. CARE/NRO/GEN/2026-27/1142 The Board of Directors Kanohar Electricals Limited Rithani, Delhi Road, Meerut 250 103, Uttar Pradesh, India October 30,2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended September 30,2026 - in relation to the IPO of Kanohar Electricals Limited (“the Company”) We write in our capacity of Monitoring Agency for the IPO for the amount aggregating to Rs. 300 crore of the Company and refer to our duties cast under 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended September 30,2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated August 21,2026. Request you to kindly take the same on records. Thanking you, Yours faithfully, Dhruv Mittal Assistant Director dhruv.mittal@careedge.in 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in Report of the Monitoring Agency Name of the issuer: Kanohar Electricals Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: No (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 there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. 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: Dhruv Mittal Designation of Authorized person/Signing Authority: Assistant Director 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in 1) Issuer Details: Name of the issuer : Kanohar Electricals Limited Name of the promoter : Dinesh Singhal, Adesh Singhal, Vivek Singhal, Abhishek Singhal, Virat Singhal, Aditya Singhal, K Sons Family Trust Industry/sector to which it belongs : Capital Goods- Electrical Equipment - Heavy Electrical Equipment 2) Issue Details Issue Period : September 8, 2026 to September 10, 2026 Type of issue (public/rights) : Initial Public Offer Type of specified securities : Equity Shares IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 300.00 (Gross Proceeds) 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of the certifications considered by Comments of the Particulars Reply Board of Monitoring Agency for Monitoring Agency Directors preparation of report Whether all utilization is as per the disclosures in the Offer Bank statement, CA certificate* All utilization during Q2FY27 is as Yes Ok Document? and Management certificate per objects of offer. Whether shareholder approval has been obtained in case of CA certificate* and Management material deviations# from expenditures disclosed in the Offer Not applicable certificate Not applicable Ok Document? Whether the means of finance for the disclosed objects of the CA certificate* and Management No Not applicable Ok issue have changed? certificate Is there any major deviation observed over the earlier CA certificate* and Management Not applicable since first Not applicable Ok monitoring agency reports? certificate monitoring agency report. Layout plan of New Office Government approval pertaining Whether all Government/statutory approvals related to the Building at Gangol CA certificate* and Management to layout plant for civil object(s) have been obtained? submitted to Development certificate construction and interior Authority for approval and development of an office building 9th floor, C-001/A2, Berger Towers, Sector 16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Road, Off Eastern Express Highway, Sion (East), Gautam Budh Nagar, Uttar Pradesh -201301 Mumbai - 400 022 Phone: +91-120-4452000 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in Source of information / Comments of the certifications considered by Comments of the Particulars Reply Board of Monitoring Agency for Monitoring Agency Directors preparation of report is under process. at Gangol Manufacturing Facility is under process currently. Whether all arrangements pertaining to technical CA certificate* and Management Not applicable Not applicable Ok assistance/collaboration are in operation? certificate Are there any favorable/unfavorable events affecting the CA certificate* and Management No No Ok viability of t [Showing first 8,000 characters — download PDF for full document]