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

Date: 04th November 2026 To To Listing Department Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street Exchange Plaza, C-1, Block G Mumbai – 400 001 Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Script Code: 544633 Trading Symbol: VIDYAWIRES Dear Sir/Madam, Subject: Statement of Deviation or Variation for the Second Quarter and Half Year ended on 30th September 2026 Ref: Fund raised by issue of Equity Shares by way of Initial Public Offer Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended read with SEBI circular no. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that during the second quarter and half year ended on 30th September 2026, there was no deviation or variation in the utilisation of proceeds of IPO from the objects stated in the Prospectus dated 6th December, 2025. A statement of deviation or variation for the second quarter and half year ended on 30th September 2026, duly reviewed by the Audit Committee of the Company at its meeting held on 04th November 2026 is enclosed herewith. This disclosure will also be hosted on the website of the Company i.e https://www.vidyawire.com/. Kindly take the same on your record. Thanking you, For Vidya Wires Limited Jaya Ashok Bhardwaj Company Secretary and Compliance Officer M. No. A37912 Encl: As above Statement of Deviation / Variation in utilisation of funds raised Name of listed entity VIDYA WIRES LIMITED Mode of Fund Raising IPO-Public Issue Date of Raising Funds December 08, 2025 Amount Raised INR 2740.00 Million Report filed for Quarter ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if Brickwork Ratings India Private Limited applicable Is there a Deviation / Variation in No use of funds raised If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Not Applicable Approval Explanation for the Deviation / Not Applicable Variation Comments of the Audit Committee No Comments after review Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modified Original Modified Funds Amount of Un Utilized Object, if Allocation allocation, Utilized Deviation / Amount (in ₹ any (in ₹ if any (in ₹ Variation for million) million) million) the quarter according to applicable object (in ₹ million) Funding capital NA 1400.00 NA 1242.50 NA 157.50 expenditure requirements for setting up new project in our subsidiary viz. ALCU Industries Private Limited Repayment/prepayment, NA 1000.00 NA 1000.00 NA -- in full or part, of all or certain outstanding borrowings availed by our Company General corporate NA 340.00 NA 335.30 NA 4.70 purposes/IPO Expenses Total 2740.00 2577.8 162.2