Monitoring Agency Report

Date: 6th November, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400051 Mumbai – 400001 Scrip Code: 544290 Scrip Symbol: EIEL Sub: Monitoring Agency Report for the quarter and half year ended September 30th, 2026 Dear Sir/Madam, Pursuant to Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Monitoring Agency Report dated November 6th, 2026, in respect of utilization of proceeds of IPO for the quarter and half year ended September 30th, 2026 issued by CRISIL RATINGS LIMITED, Monitoring Agency. Kindly take the above information on record. Thanking you, For Enviro Infra Engineers Limited (Piyush Jain) Company Secretary & Compliance Officer A57000 Encl: a/a Monitoring Agency Report Enviro Infra Engineers Limited for the quarter ended September 30, 2026 CRL/MAR/ ENVIEPL/2026-27/2072 November 06, 2026 Enviro Infra Engineers Limited Unit No 201, Second Floor, Plot No. B, CSC/OCF-01, RG Metro Arcade, Sector -11, Rohini, Delhi North-West 110085, India Dear Sir, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Enviro Infra Engineers Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated November 14, 2024, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended September 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: Enviro Infra Engineers Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Deviation is observed in the utilization of funds against the objects stated in the Letter of offer however, utilization is in line with change of objects as per the Shareholder’s approval. This approval was obtained for reallocation of proceeds of Rs 4,445.57 lakhs from Object 1 and issue expenses of the offer to a new object - “Infusion of funds in two Subsidiaries, Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited to build 45 MLD STP and 60 MLD STP respectively followed by an Operation and Maintenance (0&M) period of 15 years on Hybrid Annuity Model Basis under Namami Gange Programme.”. (b) Range of Deviation: Upto 10% Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Enviro Infra Engineers Limited Names of the promoter: Mr. Sanjay Jain, Mr. Manish Jain, Mrs. Shachi Jain, Mrs. Ritu Jain Industry/sector to which it belongs: Engineering, Designing & Construction 2) Issue Details Issue Period: Friday, November 22, 2024, to Tuesday, November 26, 2024 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 65,030.04 lakhs (Fresh issue of Rs 57,234.96* lakhs and OFS of Rs 7,795.08 lakhs) *Crisil Ratings shall be monitoring the gross proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments certifications considered by Comments of the of the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors Utilization towards the objects is not as Statutory Auditor certificate^, per the Letter of Management undertaking, Offer but in line Prospectus dated Whether all utilization is as per the with the No No November 27, 2024 disclosures in the Offer Document? shareholder’s Comments (hereinafter referred as approval for “Offer document”), Bank variation in terms of Statements the objects of the issue Whether shareholder approval has (Refer note 1 in page been obtained in case of material No Yes no 6 of the MA deviations from expenditures Comments Report) disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue has No No Comments Comments changed? Management Undertaking@ Is there any major deviation observed over the earlier No No Comments Comments monitoring agency reports? Source of information/ Comments certifications considered by Comments of the of the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors Whether all Government/statutory approvals related to the object(s) NA No Comments Comments have been obtained? Whether all arrangements pertaining to technical No NA No Comments assistance/collaboration are in Comments operation? Are there any favorable events improving the viability of these No No Comments Comments object(s)? Are there any unfavorable events affecting the viability of the No No Comments Comments object(s)? Is there any other relevant information that may materially No No No Comments affect the decision making of the Comments investors? NA represents Not Applicable ^Certificate dated November 02, 2026, issued by M/s S. S. Kothari Mehta & Co. LLP, Chartered Accountants (Firm Registration Number: 000756N/N500441), Statutory Auditors of the Company. @The Monitoring Agency has relied solely on the management undertaking as the Statutory Auditor has not expressed an opinion on these aspects. 4) Details of object(s) to be monitored: i. Cost of the object(s): Source of Original information/ cost Comments of the Board of Directors Revised Comment certification (as [Showing first 8,000 characters — download PDF for full document]