Submission of Statement of Deviation or Variation for the half year ended September 30, 2026

POWER “Striving to Enrich Power” November 04, 2026 Department of Corporate Services, BSE LIMITED P. J. Towers, Dalal Street, Mumbai - 400 001. BSE Scrip Code: 543172 Sub: Statement of deviation or variation in the use of proceeds of Preferential Issue. Dear Sir/Madam, Pursuant to the Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations”) read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, it is hereby confirmed that there is no deviation or variation in the use of proceeds from the preferential issue of Equity Shares issued to non-promoters on preferential basis. Please find attached herewith the Statement of deviation or variation. Kindly take same on your records. Thanking You, FOR COSPOWER ENGINEERING LIMITED OSWALD ROSARIO D’SOUZA WHOLE-TIME DIRECTOR DIN: 02711251 CosPower Engineering Limited Registered Office & Works Sales Office : Tel. :-+918007036857 [EganE No. 940, Sr. No.134/17A, Pazar Talav Road, Delhi, Mumbai, Kolkata E-mail : contact @cel.net.in Vaki Pada, Tal. Vasal. Naigaon East, Chennai, Hyderabad, site - waw cel net in I Maharashtra 401208 India. Jalna, Dhaka . - L31908MH2010PLC208016 O] POWER “Striving to Enrich Power” Statement of Deviation/ Variation in utilization of funds raised | Name of listed entity Cospower Engineering Limited | Mode of Fund Raising Preferential Issue of Equity Shares Date of Raising Funds 29.03.2025 (Allotment of 1,40,500 equity shares of Rs, 10/- each issued at a premium of Rs.530/- to Non-| Promoters on a preferential basis) Amount Raised Rs. 7,58,70,000/- Report filed for Quarter ended 30 September 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if ———- 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 Deviation / Variation Not Applicable Comments of the Audit Committee No Comments after review Comments of the auditors, if any No Comments CosPower Engineering Limited Registered Office & Works Sales Office : Tel. :-+918007036857 [El%E No. 940, Sr. No.134/17A,Pazar Talav Road, Delhi, Mumboai, Kolkata Email : contact @celnetin Vaki Pada, Tal. Vasai, Naigaon East, Chennai, Hyderabad, Website : www.cel.net.in I Maharashra 401208 India Jalna, Dhaka CIN No. : L31908MH2010PLC208016 [= POWER “Striving to Lnrich Power” Objects for which funds have been raised and where there has been no deviation, in the following table OriginalObject Modified Original Modifie Funds Amount of | Remar Object, Allocation d Utilized Deviation / ks,i f ifany allocati Variation any on, if forthe any quarter according applicable object Amount (in Rs.) Funding of business Not Rs. 2,50,00,000 |Not Rs. 2,50,00,000 No Deviation Expansion Applicable |Applicable orking capital Not Rs. 4,50,00,000 |Not Rs. 4,50,00,000 o Deviation frequirements of the Applicable Applicable [Company General corporate Not [Rs. 58,70,000 ot Rs. 58,70,000 No Deviation purpose Applicable |Applicable 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, ete. Kindly take the same on your record. FOR COSPOWER ENGINEERING LIMITED ‘WHOLE-TIME DIRECTOR DIN: 02711251 CosPower Engineering Limited Registered Office & Works Sales Office : Tel. 918007036857 [EganE No. 940, Sr. No.134/17A,Pazar Talav Road, Delhi, Mumbai, Kolkata E-mail : contact @cel.netin Vaki Pada, Tal. Vasai, Naigaon East, Chennai, Hyderabad, Website : www.cel.net.in 1 CIN No. : L31908MH2010PLC208016 = Maharashtra 401208 India. Jalna, Dhaka POWER “Striving to nrich Power” Statement of Deviation/ Variation in utilization of funds raised Name of listed entity Cospower Engineering Limited Mode of Fund Raising Preferential Issue of Equity Shares Date of Raising Funds 09.02.2026 (Allotment of 1,62,000 equity shares of Rs) 10/- each issued at a premium of Rs.980/- to Non-| Promoters on a preferential basis) Amount Raised Rs. 16,03,80,000/- Report filed for Quarter ended 30th September 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if —— 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 Deviation / Variation Not Applicable Comments of the Audit Committee No Comments after review Comments of the auditors, if any No Comments CosPower Engineering Limited Registered Office & Works Sales Office : Tel. :+918007036857 O[5 A0] No. 940, Sr. No.134/17A Pazar Talav Road, Delhi, Mumbai, Kolkata E-mail : contact @cel.net.in Vaki Pada, Tal. Vasai, Naigaon East, Chennai, Hyderabad, Website : www.cel.net.in I Meaharashtra 401208 India Jalna, Dhaka CIN No. : L31908MH2010PLC208016 [=] POWER “Striving to Enrich Power” | Objects for which funds have been raised and where there has been no deviation, in the following table OriginalObject Mod Original Modified Funds Amount Remark ifie Allocatio allocation, Utilized of s,if d n ifany Deviation any Obj / ect, Variation if forthe any quarter according applicable object Amount (in Rs.) [For funding the capital Not IRs. ot Applicable [Rs. No expenditure requirements of the | Appli [11,27,00,000 [7,06,68,292.26 [Deviation Company, including investments | caple in new projects as well as expansion, modernization, and u; ation of existing facilities. [For meeting the Company’s Not RRs. ot Applicable [Rs. 1,00,00,000 No working capital requirements to Appli |1,00,00,000 Deviation upport its operational activities, | ¢apje jstrengthen liquidity, and ensure jsmooth business functioning IFor general corporate purposes off Not Rs. INot Applicable [Rs. 3,76,80,000 [No the Company Appli (3,76,80,000 Deviation cable 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 <) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. Kindly take the same on your record. FOR COSPOWER ENGINEERING LIMITED WHOLE-TIME DIRECTOR DIN: 02711251 CosPower Engineering Limited Registered Office & Works Sales Office : Tel. : +91 8007036857 No. 940, Sr. No.134/17A,Pazar Talav Road, Delhi, Mumbai, Kolkata E-mail : contact @cel.net.in Vaki Pada, Tal. Vasal, Naigaon East, GChennai, Hyderabad, Website : www.cel.net.in & Maharashtra 401208 India. Jalna, Dhaka CIN No. : L31908MH2010PLC208016