Monitoring Agency Report in respect of the utilisation and application of funds raised through the IPO for the quarter ended June 30, 2026.

July 29, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort, Mumbai – 400 001 Bandra Kurla Complex Scrip Code - 544754 Bandra (East), Mumbai – 400 051 Symbol - KISSHT Sub.: Monitoring Agency Report issued by CRISIL Ratings Limited on the utilisation and application of funds raised through the Initial Public Offer (IPO) of OnEMI Technology Solutions Limited (“the Company”) for the quarter ended June 30, 2026. Ref.: Disclosure under Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI Listing Regulations”) and Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended (“SEBI ICDR Regulations”) Dear Sir / Madam, Pursuant to Regulation 32(6) of the SEBI Listing Regulations read with Regulation 41(4) of the SEBI ICDR Regulations, we have enclosed herewith the Monitoring Agency Report issued by CRISIL Ratings Limited, Monitoring Agency, in respect of the utilisation and application of funds raised through the IPO for the quarter ended June 30, 2026. Thanking You, For OnEMI Technology Solutions Limited (formerly known as OnEMI Technology Solutions Private Limited) Shraddha Rajkumar Patangia Company Secretary and Compliance Officer Membership No.: A55210 Encl: As above Monitoring Agency Report OnEMI Technology Solutions Limited for the quarter ended June 30, 2026 CRL/MAR/ONTSPL/2026-27/1903 July 29, 2026 OnEMI Technology Solutions Limited 10th Floor, Tower 4, Equinox Park LBS Marg, Kurla West Mumbai, Maharashtra 400070 India Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of OnEMI Technology Solutions Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated March 6, 2026, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: OnEMI Technology Solutions Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (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 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. 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 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. 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: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: OnEMI Technology Solutions Limited Names of the promoter: Mr. Ranvir Singh & Mr. Krishnan Vishwanathan Industry/sector to which it belongs: Other financial services 2) Issue Details Issue Period: April 30, 2026, to May 05, 2026 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs. 8,500.00 million* *Note: Particulars Amount (Rs in million) Gross proceeds of the Fresh Issue 8,500.00 Less: Issue Expenses 559.15 Net Proceeds 7,940.85 Crisil Ratings shall be monitoring the gross proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments of the Comments of certifications considered by Particulars Reply Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Proceeds were Statutory Auditor certificate^, utilized towards Management undertaking, augmenting the Whether all utilization is as per the Prospectus dated capital base of the Yes No comments disclosures in the Offer Document? May 5, 2026 (hereinafter subsidiary, referred as “Offer general corporate document”), Ba nk Statements purposes and issue expenses Source of information/ Comments of the Comments of certifications considered by Particulars Reply Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Whether shareholder approval has been obtained in case of material NA No comments No comments deviations from expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue has No No comments No comments changed? Is there any major deviation observed over the earlier NA No comments No comments monitoring agency reports? Whether all Government/statutory approvals related to the object(s) NA No comments No comments have been obtained? Management undertaking@ Whether all arrangements pertaining to technical NA No comments No comments assistance/collaboration are in operation? Are there any favorable events improving the viability of these No No comments No comments object(s)? Are there any unfavorable events affecting the viability of the No No comments No comments object(s)? Is there any other relevant information that may materially No No comments No comments affect the decision making of the investors? NA represents Not Applicable ^Certificate dated July 24, 2026, issued by M/s Chokshi & Chokshi LLP, Chartered Accountants (Firm Registration Number: 000756N/N500441), Statutory Auditors of the Company. @The Monitoring Agency has relied solely on the management undertaking as the Statutory Auditor has not expressed an opinion on these aspects. 4) Details of object(s) to be monitored: i. Cost of the object(s): Source of Original information/ cost Comments of the Board of Directors Revised Comment certification (as per the Sr. Cost of the Item considered by Offer Particulars of No. (Rs in Monitoring Reason Proposed Head MA for Document) firm million) Agency of Cost financing preparation of (Rs in arrangements revision option report million) made Augmenting the capital base of the Subsidiary, Si Creva Capit [Showing first 8,000 characters — download PDF for full document]