Monitoring Agency Report

SIMPLEX INFRASTRUCTURES LIMITED REGD. OFFICE : 'SIMPLEX HOUSE' 27. SHAKESPEARE SARANI, KOLKATA-700 017 (INDIA) AN ISO 9001 : 2015 PHONES : +91 33 2301-1600, FA.X : +91 33 2289-1468 certified company E-mail simplexkolkata@simplexmfra.com. Website : wwv.simplexinfra.com CIN No. L45209 WB 1924 PLC 004969 01/CS/SE/OO1/95704 November 10.2026 I’he Manager. Listing Department The Secretary National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Ktirla Complex Phiroze Towers Bandra (East). Mumbai 400051 Dalal Street, Mumbai-400 001 Scrip Code SIMPLEXINF Scrip code-523838 The Secretary Calcutta Stock Exchange Limited 7, Lyons Range Kolkata-700001 Scrip code-29053 Re: Monitoring Agency Report issued by Care Ratings Limited and statement of deviation or variation report for the quarter ended 3011' September 2026 I. Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,.20l5 (Listing Regulations) and Regulation 162 A(4) of SEBI (Issue of Capital, and Disclosure Requirements) Regulations, 2018 (SEBI ICDR), please find enclosed the Monitoring Agency Report dated IO"' November, 2026 issued by Care Ratings Limited for monitoring the utilization of proceeds from the preferential issue of Equity Shares and Convertible Warrants of the Company as Annexure-A 2. Statement on deviation or variation for proceeds of Preferential Issue in terms of Regulation 32 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations. 2015 as reviewed by the Audit Committee, enclosed herewith as Annexure-B Please acknowledge receipt. Yours faithfully. For SIMPLEX INFRASTRUCTURES LIMITED SR. VICE PRESIDENT & COMPANY SECRETARY Enc; as above BRANCHES : ''HEMKUNTH'' 4TH FLOOR. 89. NEHRU PLACE, NEW DELHI-110 019 ffi : (011) 4944-4200, FAX . (Oil) 2646-5869 • HEAVITREE COMPLEX. 1ST FLOOR, UNIT-C, NEW DOOR NO. 47. SPURTANK ROAD. CHETPET, CHENNAI-600 031 3 : (044) 4287-6129 CareBdge RATINGS No. CARE/HO/GEN/2026-27/1223 The Board of Directors Simplex Infrastructures Limited 'Simplex House' 27, Shakespeare Sarani, Kolkata-700017 10/11/2026 Dear Sir/Ma'am, Monitoring Agency Report for the quarter ended 30/09/2026 - in relation to the preferential issue of Simplex Infrastructures Limited ("the Company' ) We write in our capacity of Monitoring Agency for the preferential issue of equity shares and convertible warrant for tie amount aggregating to Rs.423.69 crore of the Company and refer to our duties cast under Regulation 162A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended 30/09/2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated 02/05/2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Rishav Khaitan Assistant Director rishav.khaitan@careedge.in CARE Ratings Limited 4th Floor, Godrej Coliseum. Somaiya Hospital Road. Off Eastern Express Highway. Sion (East). Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Care£dge RATINGS Report of the Monitoring Agency Name of the issuer: Simplex Infrastructures Limited For quarter ended: 30/09/2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to toe 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 there is no conflict of interest in such relatiorship/interest while monitoring and reporting the utili2ation 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 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: Rishav Khaitan Designation of Authorized person/Signing Authority: Assistant Director CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East). Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Care£c/ge RATINGS 1) Issuer Details: Name of the issuer : Simplex Infrastructures Limited Name of the promoter : Mr. Rajiv Mundhra Industry/sector to which it belongs : Construction- Construction Diversified 2) Issue Details Issue Period : 26/05/2025 to 29/05/2025 Type of issue (public/rights) : Preferential Issue Type of specified securities : Equity Shares and Convertible Warrants IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 423.69 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of the Comments of the Particulars Reply considered by Monitoring Agency for Board of Monitoring Agency preparation of report Directors Utilization of proceeds is towards payment to subcontractor, supplier, salary Whether all utilization is as per the disclosures in the Offer CA Certificate*, Management certificate, expenses, statutory payments, providing Yes No comments Document? Bank statements, Vouchers (Sampling basis) BG margin, bank charges, admin and legal expenses. All the expenses have been i incurred from monitoring account. Whether shareholder approval has been obtained in case CA Certificate*, Management certificate and of material deviations# from expenditures disclosed in the Not Applicable No deviations observed. No comments bank statements. Offer Document? Care Ratings | 1 CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 ■ www.careedge.in CIN-L67190MH1993PLC071691 CareSdge RATINGS Source of information / certifications Comments of the Comments of the Particulars Reply considered by Monitoring Agency for Monitoring Agency Board of preparation of report Directors Whether the means of finance for the disclosed objects of No CA Certificate Nil No comments Is there any major deviation observed over the earlier No CA Certificate and Previous MA reports Nil No comments Whether all Government/statutory approvals related to the NA Not applicable Nil No comments Whether all arrangements pertaining to technical Not applicable Not applicable Nil No comments asslstance/collaboration are in operation? B [Showing first 8,000 characters — download PDF for full document]