Monitoring Agency Report

Date: 5th November 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544951 Symbol: ARMEE Dear Sir/Ma’am, Subject: Monitoring Agency Report on the utilization of proceeds raised through issuance of equity shares by way of Public Issue of the Company . Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulations 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations”) Please find enclosed the Monitoring Agency Report issued by Brickwork Ratings India Private Limited (Monitoring Agency), in respect to utilization of the proceeds raised through issuance of equity shares by way of Public Issue of the Company for the quarter ended September 30, 2026. The above disclosure is also being made available on the website of the Company at www.armeeinfotech.com Kindly take the same on record. Thanking you, For ArMee Infotech Limited Purnima Jain Company Secretary & Compliance Officer Membership No. A34071 From Potential to Performance, Enabling Digital India CIN Number: L72100GJ2011PLC063953 ArMee Infotech Limited Email cs@armeeinfotech.com ArMee House, www.armeeinfotech.com 17, Goyal Intercity Row House, O +91 79 49114911 Thaltej, Ahmedabad -380054. Gujarat India Brickwork Ratings India Private Limited BRICK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 Monitoring Agency Report for Armee Infotech Limited for the quarter ended September 30, 2026 info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 - Brickwork Ratings India Private Limited BRICK“’/ORK 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 No. BWR/2026-27/IPM/AIL/01 November 05, 2026 Mr. Ridhish Kiritbhai Patel Managing Director Armee Infotech Limited ArMee House ,17, Goyal Intercity Row House Thaltej Thaltej Road, Ahmedabad, Gujarat - 380054, India Dear Sir, First Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Fresh Issue of Equity Shares Issue of Armee Infotech Limited (“the Company”) Pursuant to Regulation 41 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), Brickwork Ratings (BWR) has prepared the First Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilisation of proceeds of funds raised, for the quarter ended September 30, 2026. The funds raised by the Company were through Fresh Issue of Equity Shares aggregating to Rs.300.00 Crores of the Company. In this connection, we are enclosing the First Monitoring Agency Report for the quarter ended September 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated September 03, 2026. Request you to kindly take the same on records. Thanking you, Yours Faithfully, N I RAJ Digitally signed by NIRAJ KUMAR RATHI KUMAR Date: 2026.11.05 RATH I 18:49:24 +05'30' Mr Niraj Kumar Rathi Senior Director, Ratings - Brickwork Ratings info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BRICK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 Report of the Monitoring Agency (MA) Name of the issuer: Armee Infotech Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Brickwork Ratings India Private Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, we further declare that this report provides a true and fair vioef twhe 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. We declare that we do not have any direct/indirect interest in or relationship with the issuer/promoters/directors/management and also 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. 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 creatinag 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 a 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 there is no conflict of interest in such relationship/interest while monitorianngd reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. 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 ManagemenAutd/it 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. Digitally signed by NIRAJ KUMAR NiRAJ KUMAR RATHI RATHI Date: 2026.11.05 18:50:00 +05'30" Signature: Name of the Authorized Signatory: Mr Niraj Kumar Rathi Designation of Authorized Person/Signing Authority: Senior Director, Ratings - Brickwork Ratings info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BRICK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 1) Issuer Details: Name of the issuer: Armee Infotech Limited Names of the promoter: Mr. Ridhish Kiritbhai Patel, Ms Ami Ridhish Patel and Mr. Kiritkumar Chimanbhai Patel Industry/ sector to which it belongs: ITinfrastructure and IT managed services 2) Issue Details: Issue period: For anchor investor- September 22, 2026 For others — September 23, 2026, to September 25, 2026 Type of issue (public/ rights): Fresh Issue of Equity shares Type of specified securities: Equity Shares IPO Grading, if any: Not Applicable Issue size (in X Crore): 300.00 Value as per Offer Amount Particulars To‘;;’::::::;r ot Price (%) Document Received (X Crore) (X Crore) Equity Shares-Fresh Issue 80,00,000 375 300.00 300.00 Total 80,00,000 375 300.00 300.00 Note: The Company raised an aggregate amount of Rs. 300.00 crore through the Public Issue. The subscription amount was initially received through the ASBA mechanism and held with the respective Syndicate/SCSB banks. As on September 30, 2026, an amount of Rs. 299.98 crore had been transferred from the Syndicate/SCSB bank accounts to the designated Public Issue bank account of the Company. Subsequently, the balance amount was received, and cumulative transfers aggregatintgo Rs. 30 [Showing first 8,000 characters — download PDF for full document]