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

Date: November 04, 2026 To To BSE Limited National Stock Exchange of India Limited 20th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 544929 Scrip Symbol: MANIKA Dear Sir/Madam, Sub: Outcome of Board Meeting held on November 04, 2026 Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company at their meeting held today i.e. 04.11.2026 have considered and approved the following: 1. the unaudited Standalone and Consolidated Financial Results along with Limited Review Report obtained from Statutory Auditors for the quarter and half year ended September 30, 2026. A copy of the unaudited Standalone and Consolidated Financial Results along with Limited Review Report obtained from Statutory Auditors for the quarter and half year ended September 30, 2026 is enclosed herewith as Annexure-A. 2. Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby confirm that there is no deviation or variation in the utilisation of proceeds raised through the Initial Public issue ("IPO") of the Manika Plastech Limited ("the Company") from the objects stated in the Prospectus. Further, the Audit Committee and Board of Directors of the Company, at their respective meetings held today i.e. 04.11.2026, have reviewed and noted the statement of utilisation of issue proceeds and confirmed that there is no deviation or variation in the utilisation of proceeds from the objects stated in the Prospectus for the quarter ended September 30, 2026. The Statement of Deviation/Variation in utilisation of IPO proceeds is enclosed herewith as Annexure-B. 3. Consideration and approval of other businesses as per agenda circulated. The Board Meeting commenced at 01.34 P.M. and concluded at 01.50 P.M. The above disclosure is also being made available on the website of the Company at https://www.manikaplastech.com. We request to kindly take the above intimation on record. Thanking you, Yours faithfully, For Manika Plastech Limited Karishma Waghela Company Secretary and Compliance Officer Membership No.: A58805 Encl: As Above Annexure A Annexure B Statement of Deviation or Variation in utilization of Funds raised through Public Issue for the Quarter ended September 30, 2026 (₹ in Crores) Statement on deviation / variation in utilisation of funds raised Name of listed entity Manika Plastech Limited Mode of Fund Raising Initial Public Offer (IPO) Date of Raising Funds September 17, 2026 (allotment date) Amount Raised 92.50 (Fresh issue) Issue Related Expenses as per 10.86 Prospectus Net Proceeds to be utilized as per 81.64 Prospectus Report filed for period ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if Brickwork Ratings India Private Limited applicable Is there a Deviation / Variation in use No of funds raised If yes, whether the same is pursuant to Not applicable change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not applicable Explanation for the Deviation / Not applicable Variation Comments of the Audit Committee Audit Committee reviewed and noted that there is no after review deviation or variation in the utilization of IPO proceeds from the objects stated in the Prospectus Comments of the auditors, if any None Objects for which funds have been raised and where there has been a deviation, in the following table: Original Modified Original Modified Funds Amount of Remarks Object Object, if Allocation allocation, Utilised Deviation/Variation if any any (₹ in if any for the quarter Crores) according to applicable object Funding the NA 54.93 NA 8.06 NA - capital expenditure towards purchase of plant and machinery Repayment NA 15.00 NA 3.61 NA - and/or pre- payment, in part or full, of certain borrowings availed by Company General NA 11.71 NA 7.32 NA - Corporate Purposes Issue NA 10.86 NA 7.21 NA - expenses 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 Manika Plastech Limited Karishma Waghela Company Secretary and Compliance Officer Membership No.: A58805