Monitoring Agency Report

AdroE')Ei ADROTT TNDUSTRTES (rNDrA) LIMTTED ... Forged Driveshoft Components LAfF 169119:2016 Certified Company 04s November,2026 To To National StockExchange of India Limited BSE Limited Exchange Plaza, Plot No. C/L, G Block, Phiroze |eejeebhoy Towers Bandra Kurla Complex 2Sth floor, Dalal Street, Fort Bandra (EJ, Mumbai - 400 051 Mumbai - 400 001 Symbol: ADROITIND Scrip Code: 544950 Dear Sir/Madam, Subiect: Monitoring Agency Report for the quarter ended on 30th Septembet2026. Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20l-5, as amended, read with Regulation 4L of the SEBI (lssue of Capital and Disclosure Requirements) Regulations, 20L8, the Monitoring Agency Report issued by ACER Credit Rating Private Limited, in respect of utilization of proceeds of Fresh Issue of Equity Shares of the Company for the Quarter ended 30 September,2026 is enclosed herewith. The aforesaid Monitoring Agency Report has been reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held today i.e., November 04, 2026. This intimation is being submitted for your information and records. Yours faithfully, For Adroit Limited Garima Sh Company Officer Encl: Monitoring Agency Report issued by ACER Credit Rating Private Limited Registered office : Gala No -02, Building No. A-2, Gr Floor, Print World lndustrial Complex, Survey No. 15/l Road, Mankoli Vehele, Village Vehele, Bhiwandi, Thane Mahatashlra - 421302, Tel. No. 9664445304 Corporate Office: Plot No.99, Smart lndustrial Park, Near NATRIP, Pithampur,Dhar (M.P.) 454775,fe'. No.07292-352800 Email: adroit@adroitindustries.con\ Website: M.adroitindustries.com CIN: U74999MH1 995PLC08,1474, GST: 23AAACA6850F1 22 ACERIE [+ v = (& Date: 04.11.2026 M/S Adroit Industries (India) Limited, Gala No. 02, Building No. A-2, Gr. Floor, Print World Industrial Complex, Survey No. 15/1, Mankoli Road, Vehele, Shastrinagar, Bhiwandi, Thane - 421302, Maharashtra Subject: Monitoring Agency Report for the quarter ended 30" September 2026 in relation to Fresh Issue. Dear Sir, Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and 41(4) of SEBI (Issue of Capital and Disclosure Requirements Regulations), 2018 and Monitoring Agency Agreement dated 03" September 2026, please find enclosed herewith the Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Fresh Issue of Equity Shares, for the quarter ended 30" September 2026. Request you to kindly take the same on records. Thanking You, For and on behalf of ACER Credit Rating Pvt Ltd Nam e: Rajat Mehta Head - Lead Analyst | Research o Monitoring Agency Report Name of the issuer: M/s ADROIT INDUSTRIES (INDIA) LIMITED For quarter ended: 30" September 2026 Name of the Monitoring Agency (MA): ACER Credit Rating Private Limited a) Deviation from the objects: No deviation from stated objects. b) Range of Deviation: Not Applicable c) Any other material fact to be highlighted: NA 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 we do nothave any direct/indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any 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 declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, There may have been certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s 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. Name: Shubham Agarwal Designation: Rating Analyst Accurate Corporate Econometric Research l i 1. Issue Details Name of the Issuer M/s Adroit Industries (India) Limited Name of the Promoter a) Mukesh Sangla b) Saurabh Sangla c) Monika Sangla d) Shreya Trust e) Shubhangi Trust ) Swan Irrigation LLP Industry/ Sector to which it belongs Automobile and Auto Components 2. Issue Details Issue Period 22" to 25" September 2026 Type of specified securities Equity Shares Type of issue (public/rights) Fresh Issue and Offer for Sale IPO Grading, if any Not Applicable Issue size %1,3262.0 Lakh Issue Related Expenses %2049.8 Lakh Net Issue Proceed %11212.2 Lakh Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / - . Comments N certifications considered by Comments of the Particulars Reply Monitoring Agency for preparation Monitoring Agenc; ofthe Board € v forprep B v of Directors of report o 'Management undertaking, Whether all utilization is as per “Statutory Auditor Certificate, the disclosures in the Offer Yes No Comment No Comment Prospectus, & Relevant Bank Document? Statement Whether shareholder approval has been obtained in case of material deviations# from NA No Comment No Comment expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the No No Comment No Comment issue has changed? Is there any major deviation "Management Undertaking observed over the earlier | NA No Comment No Comment monitoring agency reports? Whether all Government/ statutory approvals related to the obj. ect(s) have been Yes No Comment No Commei nt obtained? Whether all arrangements Yes No Comment No Comment pertaining to technical Cororate Research Source of information / Comments certifications considered by Comments of the Particulars Reply of the Board Monitoring Agency for preparation Monitoring Agency of Directors of report assistance/ collaboration in operation? Are there any favorable events improving the viability of these NA No Comment No Comment object (s)? Are there any unfavorable events affecting the viability of the NA No Comment No Comment object (s )? Is there any other relevant information that may materially NA No Comment No Comment affect the decision making of the investors? 1. Management Undertaking dated 09-10-2026 . 2. Statutory Auditor (Ashok Khasgiwala & Co. LLP) Certificate dated 21-10-2026 having UDIN 26079722DSZMOI4380. 4. Details of objects to be monitored: i. Costof objects — (in X Lakh) Source of Comments of the Board of Directors information Original cost Comments Particulars of - / Certifications (as per the of the Proposed Sr. Reason for| firm No Item Head conside [Showing first 8,000 characters — download PDF for full document]