Statement of Deviation/variation in utilisation of proceeds raised through convertible warrants for the period 30th September 2026

JATTASHANKAR INDUSTRIES LIMITED CIN L46305MH1988PLC048451 Regd. office: Corporate Office: 11, Parasrampuria Apartment, Film City Road, Gokuldham, Goregaon (East), Mumbai-W40e0b0s6it3e. : Email: Office No B-311 3rd Floor Empire Busin ess Hub, Science C ity Road, Sola, Ahmedabad, Gujarat, India, 380060, www.Jsil.co.in, jattashankarindustrieslimited@gmail.com Mo: 9213567366 Date: 05/11/2026 BSE Limited, Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Ref.: Jattashankar Industries Limited (Scrip Code: 514318 Scrip ID: JATTAINDUS) Subject: Statement of deviation(s) / variation(s) in utilization of proceeds raised through Preferential Issue of the Company, pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations) for the Quarter ended on September 30, 2026 Dear Sir / Madam, Pursuant to Regulation 32 of the SEBI Listing Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, a statement confirming that there is no deviation(s) or variation(s) in utilization of Proceeds from Preferential Issue of Convertible Warrants, duly reviewed by the Audit Committee for quarter ended September 30, 2026 pertaining to the Preferential Issue of convertible warrants of the Company is enclosed herewith in the prescribed format. The aforesaid statement/certificate has been reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 05th November, 2026. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Jattashankar Industries Limited Keval Jayanti Khudai Managing Director DIN: 11153664 Annexure - A Statement on deviation or variation for proceeds of preferential issue of Convertible Warrants. Statement on deviation / variation in utilisation of funds raised Name of Listed Company Jattashankar Industries Limited Mode of Fund Raising Preferential Issue of Convertible Warrants Date of Raising Funds Date of allotment Amount in Rs. 20th June, 2026 3,00,15,000/- 23rd June, 2026 6,90,00,000/- 24th June, 2026 3,27,75,000/- 26th June, 2026 3,68,00,000/- 30th June, 2026 1,74,49,985/- 2nd Tranche 4,54,02,000/- Consideration – 20th June, 2026 Total 23,14,41,985/- Amount Raised (Rs. in Lakhs) Rs. 23,14,41,985/- Report filed for Quarter ended 30th September, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No 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 Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review NIL Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation in the following table: Sr. Original Modif Original Modified Funds Amount of Unutilized Rem No. Objects ied Allocation allocation, Utilized Deviation/ Amount arks Objec (Rs. in if any (Rs. (Rs. In Variation for (Rs.) in if t, If Lakhs) in Lakhs) Lakhs) the quarter Lakhs any any till according to Septemb applicable er 30, object (Rs. in 2026 Lakhs) 1 To meet the 6,000.00 NIL 2311.9 NIL 0 Refer Working No 44 Notes Capital requirements of the Company 2 General No 1,502.60 1,44 Nil 0 Refer . Corporate 1.60 2.476 Notes Purpose Total 7,502.60 2314.42 0 Notes: - The Company allotted 1,305,000, 1,305,000, 1,425,000, 1,600,000 and 758,695 convertible equity share warrants on a preferential basis to the “Promoter Group” and “Non-Promoter” category on June 20, 2026, June 23, 2026, June 24, 2026, June 26, 2026 and June 30, 2026, respectively, as approved by the shareholders through a postal ballot on June 11, 2026. Each warrant was issued at a price of ₹92/- per warrant, comprising a subscription price of ₹23/- (being 25% of the issue price) and a warrant exercise price of ₹69/- (being 75% of the issue price). Further, the Company received the second tranche of consideration amounting to ₹4,54,02,000/- from the allottees on June 20, 2026, pursuant to the warrant consideration. As at June 30, 2026, the Company has received an aggregate amount of ₹ 23,14,41,985/- towards the allotment of convertible equity share warrants and tranche consideration from the allottees. Deviation or variation could mean: (a) Deviation in the objects or purposes for which 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, etc. For Jattashankar Industries Limited Keval Jayanti Khudai Managing Director DIN: 11153664