BSECompany Update2d ago · 10 Nov 2026, 07:01 pm
Submission of Monitoring Agency Report for the quarter ended 30.09.2026
Simplex Infrastructures Ltd · 523838
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Simplex Infrastructures Ltd has submitted a Monitoring Agency Report for the quarter ended 30/09/2026, as per SEBI Regulations, to monitor the utilization of proceeds from the preferential issue of Equity Shares and Convertible Warrants. The report, issued by Care Ratings Limited, indicates that there are no deviations from the objects of the issue.
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Earnings Impact5/10
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Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Simplex Infrastructures Ltd - 523838 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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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
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