NSEStatement of deviation(s) or variation(s) under Reg. 325 Nov 2026 · 5 Nov 2026, 01:26 pm

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

Shankesh Jewellers Limited · SHANKESH

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Shankesh Jewellers Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, stating that there has been no deviation(s) or variation(s) in the use of the public issue proceeds, raised from the Initial Public Offer (IPO) for the quarter ended and half year ended 30° September, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Shankesh Jewellers Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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SJL_05112026132622_Statement_of_deviation_final.pdf

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| Shree Shankeshwar Parshwanathay Namah Il # Available on the &, App Store Tel.: 91-22-23470009 / 91-22-23470008 Floor G-1, Plot 211/213, Rajabahadur Goverdhanlal Bansilal Building, Kalbadevi Road, Bhuleshwar, Mumbai - 400 002. Maharashtra, India. e Website : www.shankeshjewellers.com Jewellers Ltd. Email : shankjewel@gmail.com, info@shankeshjewellers.com Formerly Known as CIN No. : L36910MH2005PLC154679 Shankesh Jewellers pvt. ltd. Date: November 5, 2026 To, To, Listing/Compliance Department Listing/Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Mumbai - 400001 Bandra Kurla Complex, BSE Scrip Code: 544882 Bandra (E), Mumbai — 400051 NSE Symbol: SHANKESH ISIN: INE1WFCO1025 Sub: Statement of Deviation or Variation Pursuant to Reg. 32 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, for the quarter ended and half year ended 30° September, 2026. Dear Sir/Ma’am, With reference to the captioned subject, we wish to inform that there has been no deviation(s) or variation(s) in the use of the public issue proceeds, raised from the Initial Public Offer (IPO) pursuant to Regulation 32 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Further, the IPO proceeds has been fully utilized for the purpose(s) as stated in the prospectus dated August 21, 2026. Therefore, the requirement pertaining to Statement of Deviation or Variation is not applicable to the Company. This is for your information and records. Yours truly, FOR SHANKESH JEWELLERS LIMITED (Formerly known as SHANKESH JEWELLERS PRIVATE LIMITED) SHWETA RAVANKAR COMPANY SECRETARY AND COMPLIANCE OFFICER Membership No: A68236