Statement of Deviation or Variation is attached.

July 29, 2026 To, To, BSE Limited, National Stock Exchange of India Limited , Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Plot no. C/1, Dalal Street, Mumbai- 400001. G Block, Bandra Kurla Complex, Mumbai- 400051. Scrip Code: 512008 NSE Symbol: EFCIL Sub.: Statement of Deviation or Variation for use of proceeds for the quarter ended June 30, 2026. Dear Sir/ Ma’am, Pursuant to Regulation 32 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a statement confirming that there is no deviation or variation in the utilization of proceeds, duly reviewed by the Audit Committee is attached with this letter. Kindly take the same on records. Yours faithfully, For EFC (I) Limited Aman Gupta Company Secretary Encl: As above EFC (I) Limited Regd. Office: 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: compliance@efclimited.in I Website: www.efclimited.in STATEMENT OF DEVIATION(S) OR VARIATION(S) IN UTILIZATION OF FUNDS RAISED FOR THE QUARTER ENDED JUNE 30, 2026 [Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015] Statement 1 Name of Listed Company EFC (I) Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 10-01-2024 Amount Raised (in Rs. Lakhs) 22964.16 Report filed for Quarter ended 30-06-2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CARE Ratings Limited Is there a Deviation/ Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was Nil approved by the shareholders If Yes, Date of shareholder Approval Nil Explanation for the Deviation / Variation Nil Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil Objects for which funds have been raised and where there has been a deviation, in the following table: Amount of Deviati- Modi- on/ Original Sr. Modified Object, fied alloc- Funds Variation for Original Object Alloca- Remarks, if any No. if any ation, if Utilised the quarter tion any according to applic- able object 1. To grow businesses The Company has  To grow businesses of of the Company raised total capital the Company through of Rs. 24244.44 through backward backward or forward Lakhs through or forward integration, direct or preferential issue, integration, direct indirect activities in which allotment or indirect were made on 10 an organic or activities, in an 22964.16 22964.16 22964.16 0.000 January, 2024 (Rs. 1 inorganic manner; organic or inorganic 22964.16 lacs) and  To invest in 11 January, 2024 manner - 70% of net technology, human (Rs. 1280.80 Lacs.). proceed of the resources and other Accordingly, both preferential issue; supporting are part of single 2. To invest in preferential round. infrastructure to technology, human EFC (I) Limited Regd. Office: 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: compliance@efclimited.in I Website: www.efclimited.in achieve the targeted resources and other growth. supporting  To provide adequate infrastructure to working capital, achieve the including to fund targeted growth - trade and other 5% of net proceed liabilities, if any. of the preferential issue; and 3. To provide adequate working capital, including to fund trade and other liabilities, if any - 25% of net proceed of the preferential issue. Statement 2 Name of Listed Company EFC (I) Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 11-01-2024 Amount Raised (in Rs. Lakhs) 1280.80 Report filed for Quarter ended 30-06-2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CARE Ratings Limited Is there a Deviation / Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was Nil approved by the shareholders If Yes, Date of shareholder Approval Nil Explanation for the Deviation / Variation Nil Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil EFC (I) Limited Regd. Office: 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: compliance@efclimited.in I Website: www.efclimited.in Objects for which funds have been raised and where there has been a deviation, in the following table: Amount of Deviati- Modi- Original fied Sr. Modified Object, s Funds Variation for Original Object Alloca- alloc- Remarks, if any No. if any Utilised the quarter tion ation, if according to applic- able object  To grow businesses 1. To grow businesses The Company has of the Company of the Company raised total capital of Rs. 24244.44 through backward or through backward Lakhs through forward integration, or forward preferential issue, direct or indirect integration, direct which allotment activities in an or indirect were made on 10 organic or inorganic activities, in an January, 2024 (Rs. manner; organic or 22964.16 Lacs.)  To invest in inorganic manner - and 11 January, 2024 (Rs. 1280.80 technology, human 70% of net proceed Lacs.). Accordingly, resources and other of the preferential both are part of supporting issue; single preferential infrastructure to 2. To invest in round. achieve the targeted technology, human growth resources and  To provide adequate other supporting 1280.80 1280.80 1280.80 0.000 working capital, infrastructure to including to fund achieve the trade and other targeted growth - liabilities, if any. 5% of net proceed of the preferential issue; and 3. To provide adequate working capital, including to fund trade and other liabilities, if any - 25% of net proceed of the preferential issue. EFC (I) Limited Regd. Office: 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: compliance@efclimited.in I Website: www.efclimited.in Statement 3 Name of Listed Company EFC (I) Limited Mode of Fund Raising Rights Issue Date of Raising Funds May 25, 2026 Amount Raised (in Rs. Lakhs) 15994.179 Report filed for Quarter ended 30-06-2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CARE Ratings Limited Is there a Deviation/ Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was Nil approved by the shareholders If Yes, Date of shareholder Approval Nil Explanation for the Deviation/ Variation Nil Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil Amount of Deviati- Modi- Original fied Sr. Modified Object (s) Funds Variation for Original Object Alloca- alloc- Remarks, if any No. if any Utilised the quarter tion ation, if according to applic- able object Funding the working Not Applicable capital requirements of 6000.00 0.000 94.00 0.000 Not Applicable the Company. Funding in our subsidiary, EFC Limited, through Equity/ Debt, Not Applicable 2 3000.00 0.000 0.00 0.000 Not Applicable for the purpose of meeting its working capital requirements. Funding in our subsidiary, Ek Design Industries Limited, Not Applicable 3 through Equity/ Debt, 3000.00 0.000 0.00 0.000 Not Applicable for the purpose of meeting its working capital requirements. EFC (I) Limited Regd. Office: 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra I CIN: L74110PN1984PLC216407 Tel.: 020 2952 0138 I Email Id: compliance@efclimited.in I Website: www.efclimited.in General Corporate Not Applicable 4 3994.00 0.000 00.00 0.000 Not Applicable Purposes. Deviation or variation could mean: (a) Deviation in the objects o [Showing first 8,000 characters — download PDF for full document]