Monitoring Agency Report

NACL Industries Limited Corporate Office: 17" Floor, Pranava One Hyderabad, NAGARJUNA ComTerclai l Block, Plot No s. . 6-6-33--¢ 654/1to 9 and 6.-33 -654//AA,, NACL Somajiguda, Hyderabad, Telangana - 500082, India. T: 91-40-24405100 E: info@nacl.murugappa.com W: www.naclind.com CIN : L24219TG1986PLCO16607 Ref: NACL/SE/2026-27 November 10, 2026 To To The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5" Fioor Plot No. C/1 G Block, Dalal Street, Fort, Bandra —Kurla Complex, Bandra (E) Mumbai —400001. Mumbai-400051. Security code:524709 Symbol: NACLIND Dear Sirs, Subject: Monitoring Agency Report along with the Statement of deviation or variation for the quarter ended September 30, 2026. Pursuant to Regulation 32 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 82(4) of the Securities and Exchange Board of India (Issue of capital and disclosure requirements) regulations, 2018, We hereby confirm that during the quarter ended September 30, 2026, there was no deviation or variation in the utilisation of the proceeds from the objects stated in the Letter of Offer dated December 08, 2025, pertaining to the Company’s Rights Issue. A statement confirming Nil deviation/variation, along with the Monitoring Agency Report, is enclosed herewith for your reference as Annexure A and Annexure B, respectively. You are requested to take the same on record. Thanking you, Yours sincerely, for NACL Industries Limited Rajesh Mukhija Company Secretary Encl: As above Registered Office: Coromandel House, 1-2-10, Sardar Patel Road, % murugappa Secunderabad, Hyderabad, Telangana - 500003 Continuation Sheet... NAGARIUNA NACL Annexure A Amount in (Lakhs) Mode of Fund Raising Right Issue Description of mode of fund raising | Not Applicable (Applicable in case of others is selected) Date of Raising Funds 31-12-2025 Amount Raised 24928.91 Report filed for Quarter ended 30-09-2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CRISIL Ratings Limited 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 No Comments Comments of the auditors, if any No Comments SI. | Original Object Modified | Original | Modified Funds Amount | Remar No. Object, if | Allocati | allocation, | Utilised of ks, if any on if any Deviation | any /Variatio n for the quarter according applicabl e object 1. | Repaymentand/or | Not 10,400. | Not 10,400 Nil NA prepayment, in full | Applicable | 00 Applicable or part, of all or a portion of certain outstanding borrowings availed by the company, including the interest accrued thereon. 2. Investment in our | Not 8,300.0 | Not 8,300 Nil NA wholly owned | Applicable | 0 Applicable subsidiary, NACL spec-chem limited, for repayment / prepayment, in part or full, of certain murugappa Continuation Sheet... AGARJUN, N NACLA outstanding borrowings availed by the wholly owned subsidiary, NACL spec-chem limited, including the interest accrued thereon 3. | General Corporate Not 6070.92 Not 4,473.12 Nil NA Purpose Applicable Applicable 4. | Issue expense Not 158.00 Not 158 Nil NA Applicable Applicable 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 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 NACL Industries Limited Rajesh Mukhija Company Secretary murugappa Crisil Ratings Monitoring Agency Report NACL Industries Limited for the quarter ended September 30, 2026 Crisil Ratings Limited rporate Identity Number: U67100MH2019PLC326247 ed Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumba400i 0-72 . India acompany of S&P Global Crisil Ratings CRI/MAR/ CHEAGR /2026-27/2102 November 10, 2026 NACL Industries Limited No: 8-2-248/1-7-78, Plot No.12-A, Lakshmi Towers, Block 'C', Nagarjuna Hills, Panjagutta, Hyderabad, Telangana, 500082 Dear Sir, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Rights Issue of NACL Industries Limited (“the Company”) Pursuant to Regulation 82(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) and Monitoring Agency Agreement dated December 08, 2025, entered with the Company, we enclose the Monitoring Agency Report, issued by Crisil Ratings Limited, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Rights Issue 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 Mook Shounak Chakravartyy Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 PRheognies:t er+e9d1 O2f2fi c6e1:3 7L i3g0h0tb0r i| wdgwew .IcT rPiasrikr, aStaiknig Vsi.hcaorm Road, Andheri East, Mumbai- 400 072. India acompany of S&P Global Crisil Ratings Report of the Monitoring Agency Name of the issuer: NACL Industries Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: T\e declare that this report provides an objective view of the utilization of the issue proceeds in velation to the objects of the issue based on the information provided by the Issuer and information obtained fiom 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, whatsoeverfo,r loss or damage fiom 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 ay manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationslip 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 conpensatiofonr its ratings and certain credit-related analyses. Ve confirm that we do not perceive any conflictof interest in such relationslup/interest wiile monitoring and reporting the utilization of the issue proceeds by the issuer. TVe 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 “Comuments of the Board of Directors”, that shall be captured by the Issuer’s Managem/e Aunditt 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 1o responsibilitfoyr such comments of the issuer’s Managenent/Board. Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 22 6137 3000 | www.crisilratings [Showing first 8,000 characters — download PDF for full document]