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

Date: November 02, 2026 To, To, The Manager The Manager Listing Department Listing Department Bombay Stock Exchange (BSE) National Stock Exchange (NSE) Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G-Block Mumbai - 400 001 Bandra-Kurla Complex Scrip Code: 544235 Bandra (E), Mumbai - 400 051 Symbol: ORIENTTECH SUB: DISCLOSURE IN TERMS OF REGULATION 32(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Dear Sir/Madam, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, read with related SEBI Circular, we hereby confirm that there is a deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) of the Company during the quarter ended on September 30, 2026. Please find enclosed herewith a statement in this regard. Kindly take the same on your records. For ORIENT TECHNOLOGIES LIMITED Sayli Munj Company Secretary and Compliance Officer ACS-44432 Name of Listed Entity ORIENT TECHNOLOGIES LIMITED Mode of Fund Raising Public Issue Date of Fund Raising August 28, 2024 Amount Raised Rs. 214.76 crore Issue size comprises of fresh issue / gross proceeds of Rs 120.00 Crore (Net proceeds of Rs 107.93 Crore) and an offer for sale of Rs. 94.76 Crore. Report filed for Quarter ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if Applicable CARE Rating Limited Is there a deviation / variation in use of funds Yes raised If yes, whether the same is pursuant to changes in Not Applicable as no material deviation terms of a contract or objects, which was approved by the shareholders If Yes, Date of Shareholders Approval Not Applicable as no material deviation Explanation for the Deviation/Variation Utilization of gross proceeds towards acquisition of office premises is in line with the prospectus. However, as mentioned in the Prospectus, utilization towards issue expenses should be excluding Goods and Services Tax (GST) whereas the company has utilized proceeds by making payments to a certain vendor including GST. Comments of the Audit Committee after review Committee has noted the deviation as reported in the Monitoring agency report. The Committee has suggested to the Board of Directors to take less reimbursement of issue expenses in Company Account to the extent of the excess GST amount paid. The Board of Directors have taken note and are in the process of doing the same. Comments of the auditors, if any Offer related expenses with regards to the Fresh issue as disclosed in the Prospectus is excluding GST component. However, the Offer related expenses with regards to the Fresh issue paid by the Company during the quarter ended September 30, 2026 from the IPO Public Escrow Account is including GST component. Deviation or variation could mean: OBJECTS FOR WHICH FUNDS HAVE BEEN RAISED AND WHERE THERE HAS BEEN A DEVIATION, IN THE FOLLOWING TABLE Original Objects Modified Original Modified Funds Amount of Remarks if any Objects, if Allocation Allocation utilized Deviation any In Crore , If any In Crore /Variation for the Quarter according to applicable object Acquisition of office NA 10.35 NA 10.35 - - premise at Navi Mumbai Funding of capital NA 79.65 NA 48.96 - - expenditure requirements General corporate NA 17.93 NA 17.93 - - purposes Issue expenses NA 12.07 0.00* 7.76 - *Utilization is towards payment of ASBA commissions. The company has made payments of Rs. 21,415 to vendors including GST (not in line with the Prospectus) which results in excess payment to the tune of Rs. 3,266.64 for the reporting quarter. Total 120.00 85.00 - 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.