Monitoring Agency Report for the quarter ended June 30, 2026.

VERTEX SECURITIES LIMITED ............. .tZ L• , •:,`,DITarity finance Limuted. Thottathil Towers, il Floor Market Road,Ernakulam, Kochi - 682018 Telephone 0484 - 2384848 Website : wwvv.vertexbroking.coni VC- TC- X E-Mail : comphanceavertexbroking.com CIN L,67120KL1993PL,C007349 July 3 , 2026 Listin Department BSE ited Phirc e Jeejeebhoy Towers, Dalat treet, Mum ai — 400001 Scrip ode: 531950 Dear in Madam, Sub: /1o nitoring Agency Report under Regulation 32 of Securities and Exchange Board of India (Listing Obgli ;tions and Disclosure Requirements) Regulations, 2015 Pursu nt to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read ith Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we have enclo d herewith the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Brickwork Ratins India Private Limited, in respect of the utilization of proceeds raised through the Rights Issue by the Comp ny. This itltimation is also being uploaded on the Company's website at www.vertexhroking.com. You are requested to kindly take the above information on record. Thank ng You, For Voirtex Securities Limited Venkitesh lyer Company Secretary & Compliance Officer ACS: A77011 End: a/a STOCK t SHARES: DEMAT SERVICES :INVESTMENT CELL MEMBER: NATIONAL STOCK EXCHANGE, BOMBAY STOCK EXCHANGE MCX DEPOSITORY PARTICIPANYi Brickwork Ratings India Private Limited ICKWORIC 3rd Floor, Raj Alkaa Park, Kalena Agrahara Bannerghatta Road, Bengaluru - 560 076 RATINGS P: +91 80 4040 9940/9999 Monitoring Agency Report for Vertex Securities Limited for the quarter ended June 30, 2026 )rick;.AA ntings,co 7-1 www.BnckworkRating,s corn ON: U67190 Brickwork Ratings India Private Limited. B ICKWORIC" 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 No. BWR/2026-27/IPMNSL/02 July 29, 2026 Vertex Securities Limited Thottathil Towers, 2nd Floor Market Road, Ernakulam, Kochi - 682 014 Kerala, India Dear Sir, Second Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Rights Issue of Vertex Securities Limited ("the Company") Pursuant to Regulation 82 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), Brickwork Ratings (BWR) has prepared the Second Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilisation of proceeds of funds raised, for the quarter ended June 30, 2026. The funds raised by the Company were through Right Issue aggregating to Rs.14.80 Crores ' of the Company. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated April 09, 2026. Request you toRindly take the same on records. Thanking you, Yours Faithfully, Digitally signed by NIRAI ROMAN RATH! DN: IN, postalCode=560076, st.KARNATAKA street.293 AND NIR AJ KUMAR 322 3RD FLOOR BRICKWORK RATINGS INDIA PVT LTD RAI ALKAA PARIC,KALENA AGRAHARA. BANNERGHATTA ROAD KARNATAKA, I=BENGALURU URBAN, cmBRICKWORK RATINGS INDIA PRIVATE LIMITED, ou=COMPANY, serialNumber--3a14b9a64ba1027f9471ea7be2c4b4c46<2116fb54 TH1 c5aa33aa4c4d7490c50cec. pseudonyrr7 le2d68268f4684aee77adbee1612657, 2.5.4.20.2ab3c4f779008c5d0d6f10a644aSb6612ffle98/379fceb8ac 14a14513144e I bd, emall=NIRAIR@BRICKWORKRATINGS.COM, cn=NIRA.1401MAR RATH! Date: 2026.07.29 192142 +0530' Mr Niraj Kumar Rathi Senior Director, Ratings - Brickwork Ratings As per the terms of the Rights Issue, the total issue size aggregates to Rs 14.80 crore, out of which only the application money was payable during the previous and current quarters, as the shares are partly paid-up in nature. Accordingly as on June 30, 2026, the Company had received the application money amounting to Rs 3.70 crores. nto( hrtckwo k ttrigs. m ww,Brckwcn k aongs CO 1 90 .... 07PTC043591 Brickwork Ratings India Private Limited ICKWORK 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 g0 4040 9940/9999 Report of the Monitoring Agency (MA) Name of the issuer: Vertex Securities Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Brickwork Ratings India Private Limited (a) Deviation from the objects: No (b) Range of Deviation: Not Applicable Declaration: We declare that this report is based on the format prescribed by the SEBI (ICOR) Regulations, 2018, we further declare that this report provides a true and fair 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. We declare that we do not have any direct/indirect interest in or relationship with the issuer/promoters/directors/management and also 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. 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 a 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 relationship/interest while monitoring and reporting the utilization 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. Digitally signed by NIRAJ KUMAR RATHI 1RAJ KU MAR Dlt c=IN. postalCode=560076, sfr-KARNATAKA. street=293 AND 322 3RD FLOOR BRICKWORK RATINGS INDIA PVT LTD RAJ ALKAA PARKKALENA AGRAHARA, BANNERGHATTA ROAD KARNATAKA, I=BENGALURU URBAN, 0=BRICKWORK RATINGS INDIA PRIVATE LIMITED, ou=COMPANY, senalNumber=3a14b9a64ba1027f9471ea7be2c4124c46c2116fb54<5aa33aa ATHI 4c4d7490c50cec pseudonym=71e 2d68268(4684aee77adbee1612 657. 2.5.4.22ab364f779008c5cf0d6110a644a5b66f2fffe98879fceb8a<14a1458 144e, bd. erna4NIRAJ.FteBRICKWOR0R.ATING5,COM, en=NIRAI KUMAR RATHI Date: 2026.07.29 192307 +05'30' Signature: Name of the Authorized Signatory: Mr Niraj Kumar Rathi Designation of Authorized Person/Signing Authority: Senior Director, Ratings, Brickwork Ratings info@brick S ww.Brickwork Raring ON: U67190KA2007PTC043591: Brickwork Ratings India Private Limited ICKWORK' 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 . Issuer Details: Name of the issuer: Vertex Securities Limited Names of the promoter: Transwarranty Finance Limited Mr. Kumar Nai [Showing first 8,000 characters — download PDF for full document]