Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation/Variation in utilisation of the funds raised through the Rights Issue of 9,52,931 Partly Paid-up Equity Shares of the Company ('Rights Issue') for the quarter ended September 30, 2026, duly reviewed by the Audit Committee at its meeting held on November 05, 2026, as Annexure A. We hereby ....

November 05, 2026 Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code : 539115 Subject : Statement of Deviation/Variation under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended September 30, 2026 – Rights Issue of Partly Paid-up Equity Shares Dear Sir/ Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation/Variation in utilisation of the funds raised through the Rights Issue of 9,52,931 Partly Paid-up Equity Shares of the Company (“Rights Issue”) for the quarter ended September 30, 2026, duly reviewed by the Audit Committee at its meeting held on November 05, 2026, as Annexure A. We hereby confirm that there is no deviation or variation in the utilisation of the proceeds of the Rights Issue from the objects stated in the Letter of Offer dated August 13, 2026. The Rights Issue comprises 9,52,931 Partly Paid-up Equity Shares allotted on September 17, 2026, aggregating to ₹714.70 Lakhs. On application, the Company has received ₹40 per share (₹7.50 towards face value and ₹32.50 towards securities premium), aggregating to ₹381.17 Lakhs. Kindly take the above on record. Thanking you, Yours faithfully, For Alan Scott Enterprises Limited Sureshkumar Pukhraj Jain Designation : Managing Director & CEO DIN : 00048463 Place : Mumbai Encl.: As above Annexure A Statement of Deviation/Variation in utilisation of funds raised through Rights Issue for the quarter ended September 30, 2026 Name of listed entity Alan Scott Enterprises Limited Mode of Fund Raising Rights Issue (Partly Paid-up Equity Shares) Date of Raising Funds September 17, 2026 (Date of allotment of 9,52,931 Partly Paid-up Equity Shares) Amount Raised ₹381.17 Lakhs, being the partly paid-up amount received on application (₹40 per share on 9,52,931 Partly Paid-up Equity Shares). Total issue size: ₹714.70 Lakhs; balance call money of ₹333.53 Lakhs (₹35 per share) was pending to be called and received as on September 30, 2026. The balance call money has been called as on the date of this report. Report filed for Quarter ended September 30, 2026 Monitoring Agency Yes 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 Not Applicable pursuant to change in 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 The Audit Committee has reviewed the utilisation of the Committee after review partly paid-up amount of ₹381.17 Lakhs raised on application and noted that ₹200.00 Lakhs has been utilised up to September 30, 2026, without any deviation or variation from the objects stated in the Letter of Offer dated August 13, 2026. Comments of the auditors, if any No comments Objects for which funds have been raised and where there has been a deviation, if any, in the following table: (₹ in Lakhs) Original Object Modified Original Modified Funds Amount of Remarks Object, if Allocation allocation, Utilised Deviation/ if any any if any Variation for the quarter according to applicable object Subscription of 10% Non- N.A 100.00 N.A NIL NIL - Convertible Debentures (‘NCDs’) of Alan Scott Retail Limited, a subsidiary Subscription of 10% NCDs N.A 100.00 N.A 100.00 NIL - of Alan Scott Automation & Robotics Limited, a subsidiary Subscription of 10% NCDs N.A 100.00 N.A 100.00 NIL - of Alan Scott Bluverge Private Limited, a subsidiary Subscription of 10% NCDs N.A 100.00 N.A NIL NIL - of Alan Scott Vajrashakti Technologies Limited (formerly known as Alan Scott Vajrashakti Technologies Private Limited), a subsidiary Subscription of 10% NCDs N.A 100.00 N.A NIL NIL - of Alan Scott UpnUp Life Limited (formerly known as Alan Scott Upnup Life Private Limited), a subsidiary Subscription of 10% NCDs N.A 100.00 N.A NIL NIL - of Alanscott Omnis AI Limited (formerly known as AlanScott Omnis AI Private Limited), a subsidiary Original Object Modified Original Modified Funds Amount of Remarks Object, if Allocation allocation, Utilised Deviation/ if any any if any Variation for the quarter according to applicable object Issue Expenses N.A 40.00 N.A 26.00 NIL - General Corporate N.A 74.70 N.A NIL NIL - Purposes Total - 714.70 - 226.00 NIL - Status of partly paid-up amount raised and utilised as at September 30, 2026 (₹ in Lakhs) Particulars Amount Total issue size (9,52,931 Partly Paid-up Equity Shares at ₹75 per share) 714.70 Partly paid-up amount raised on application (₹40 per share) 381.17 Partly paid-up amount utilised up to September 30, 2026 226.00 Partly paid-up amount unutilised as at September 30, 2026 155.17 Balance call money yet to be called and received (₹35 per share) 333.53 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 utilised 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 Alan Scott Enterprises Limited Sureshkumar Pukhraj Jain Designation : Managing Director & CEO DIN : 00048463 Place : Mumbai