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

November 04, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 BSE Scrip Code: 543954/890228 NSE Symbol: ATL/ATLPP Sub :- Statement of Deviation(s) or Variation(s) for the quarter ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please find enclosed herewith the Statement of Deviation(s) or Variation(s), for the quarter ended September 30, 2026, for funds raised through preferential issue of convertible warrants and funds raised through rights issue as Annexure A & Annexure B respectively. You are requested to take the same on record. Thanking you, Yours sincerely, For Allcargo Terminals Limited Malav Talati Company Secretary & Compliance Officer Membership No: A59947 Place: Mumbai ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com Annexure A STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH PREFERENTIAL ISSUE OF CONVERTIBLE WARRANTS 1 Name of listed entity Allcargo Terminals Limited 2 Mode of Fund Raising Preferential Issues (Convertible Warrants) 3 Date of Raising Funds September 05, 2025 4 Amount Raised ₹38.28 Crores 5 Report filed for Quarter ended September 30, 2026 6 Monitoring Agency Not Applicable 7 Monitoring Agency Name, if applicable Not Applicable 8 Is there a Deviation / Variation in use of No funds raised 9 If yes, whether the same is pursuant to Not Applicable change in terms of a contract or objects, which was approved by the shareholders 10 If Yes, Date of shareholder Approval Not Applicable 11 Explanation for the Deviation / Variation Not Applicable 12 Comments of the Audit Committee after Not Applicable review 13 Comments of the auditors, if any Not Applicable 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, if Object Object, if any Allocation (in allocation, if Utilised (in Deviation/Variation any Cr) any (in Cr.) Cr) for the quarter according to applicable object Expansion of Not 29.08 0.00 0.00 0.00 NIL container Applicable storage and handling capacity by developing Container Freight Stations, Inland Container Depots together with upgradation of existing facilities General Not 9.20 0.00 9.20 0.00 The funds corporate Applicable were raised purposes during the quarter ended September 30, 2025. The funds were utilized during the quarter ended ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com December 31, 2025. During quarter ended September 30, 2026, there was no Utilization. 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. ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com Annexure B STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH RIGHT ISSUE 1 Name of listed entity Allcargo Terminals Limited 2 Mode of Fund Raising Right Issue 3 Date of Raising Funds December 11, 2025 4 Amount Raised ₹19.89 Crores 5 Report filed for Quarter ended September 30, 2026 6 Monitoring Agency Applicable 7 Monitoring Agency Name, if applicable CRISIL RATINGS LIMITED. 8 Is there a Deviation / Variation in use of funds No raised 9 If yes, whether the same is pursuant to change Not Applicable in terms of a contract or objects, which was approved by the shareholders 10 If Yes, Date of shareholder Approval Not Applicable 11 Explanation for the Deviation / Variation Not Applicable 12 Comments of the Audit Committee after review Not Applicable 13 Comments of the auditors, if any Not Applicable 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, if Object Object, if any Allocation (in allocation, if Utilised (in Deviation/Variation any Cr) any (in Cr.) Cr) for the quarter according to applicable object Expansion of Not 4.97 0.00 0.00 0.00 The company container Applicable has parked storage and the raised handling amount of Rs. capacity by 4.97 Cr in developing Fixed new Deposit for a Container period of one Freight year i.e upto Stations, February 17, Inland 2027. Container Depots together with upgradation of existing facilities Repayment of Not 4.97 0.00 4.97 0.00 Loan Applicable General Not 9.95 0.00 9.95 0.00 corporate Applicable purposes Note: The Board of Directors in their meeting held on October 07, 2025, has approved to raise amount upto ₹80,00,00,000/- (Rupees Eighty crores only) from existing shareholders on right basis. Further, Board of Directors vide their circular resolution dated November 10, 2025, had approved the offer in the ratio of 3:19 (three partly paid equity shares against every Nineteen fully paid shares held), Issue price of ₹20/- per partly paid equity share and issue of 3,97,98,999 equity shares on right basis. Amounting to ₹79,59,79,980. The Board had further approved payment of ₹5/- on application amounting to ₹19,89,94,995/- and rest ₹15 per equity shares will be raised on subsequent ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com at the discretion of Board of Directors. 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. ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com