Monitoring Agency Report

Ref: No. ABCL/SD/MUM/2026-27/JULY/66 31 July 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, th Exchange Plaza, 5 Floor, Dalal Street, Plot. C/1, G-Block, Mumbai 400 001 Bandra-Kurla Complex, Bandra (East), Scrip Code: 540691 Mumbai 400 051 Scrip ID: ABCAPITAL Symbol: ABCAPITAL Dear Sir/ Madam, Sub: Monitoring Agency Report for the quarter ended 30 June 2026 Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulations 162A(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), please find enclosed the Monitoring Agency Reports issued by India Ratings & Research Private Limited, the Monitoring Agency, confirming no deviation for the quarter ended 30 June 2026 for the Utilization of proceeds raised through issuance of equity shares by way of Preferential Issue under Chapter V of SEBI ICDR Regulations (“Preferential Issue”). The above is for your information, records and dissemination please. Thanking you, Yours sincerely, For Aditya Birla Capital Limited Santosh Haldankar Company Secretary & Compliance Officer Luxembourg Stock Exchange Citi Bank N.A. Market & Surveillance Dept., Custodial Services P.O. Box 165, L-2011 Luxembourg, FIFC, 11th Floor, C-54 & 55, G Block Grand Duchy of Luxembourg Bandra Kurla Complex Bandra (East), Mumbai 400 051 Citi Bank N.A. Listing Agent Depositary Receipt Services Banque Internationale à Luxembourg SA 388 Greenwich Street 69 route d'Esch 14th Floor, New York, L - 2953 Luxembourg NY 10013 Grand Duchy of Luxembourg Date: 30th July 2026 Aditya Birla Capital Limited. One India Bulls Centre, Tower 1, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013. Subject: Monitoring Agency Report for the quarter ended 30th June 2026 in relation to Preferential Issue. Dear Sir, Pursuant to Regulation 162A (2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated 15th June 2026, please find enclosed herewith the Monitoring Agency Report, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Preferential issue, for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking You, For and on behalf of India Ratings & Research Private Limited Name: Shrikant Dev Designation: Company Secretary India Ratings & Research Private Limited A Fitch Group Company Wockhardt Towers, Level 4, West Wing, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Tel: +91 22 4000 1700 Fax: +91 22 4000 1701 CIN/LLPIN: U67100MH1995FTC140049 www.indiaratings.co.in Report of the Monitoring Agency (MA) Name of the issuer: Aditya Birla Capital Limited For quarter ended: 30th June 2026 Name of the Monitoring Agency: India Ratings & Research Private Limited (a) Deviation from the objects: No deviation from the objects. Based on the Management undertaking and as per the Statutory Auditor Certificate dated 30th July 2026 issued by KKC & Associates LLP, Chartered Accountants (FRN: 105146W/W100621) having UDIN 26033494JGAPBS4257* and other documents provided to us, no deviation from the objects has been observed. *The reference to the Statutory Auditor Certificate anywhere in the MA report refers to the said Certificate. (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 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. Signature: Name and designation of the Authorized Signatory: Shrikant Dev (Company Secretary) Date: 30th July 2026. Page 1 of 8 1) Issuer Details: Name of the issuer: Aditya Birla Capital Limited (“the Company”) Names of the promoters: Grasim industries Limited Industry/sector to which it belongs: Non Banking Finance Company (NBFC) 2) Issue Details: Issue/offer Period: 16th June 2026 to 23rd June 2026 Type of issue (public/rights): Preferential Issue Type of specified securities: 11,23,53,236 Equity Shares on preferential basis @ ₹.356.02 per equity Shares with face value of ₹ 10 each. IPO Grading, if any: Not Applicable Issue size: INR 4,000 Crores 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered Comments of the Particulars Reply the Board of by Monitoring Agency for Monitoring Agency Directors preparation of report Management undertaking, Statutory Auditor Whether all utilization is as per Certificate, Notice to the disclosures in the Offer Yes No Comments No Comments Shareholders for EGM, Document? Relevant Bank Statements, Term Loan Statements. Whether shareholder approval has been obtained in case of Management undertaking, material deviations from NA Statutory Auditor No Comments No Comments expenditures disclosed in the Certificate. Offer Document? Whether the means of finance Management undertaking, for the disclosed objects of the No Statutory Auditor No Comments No Comments issue has changed? Certificate. Is there any major deviation observed over the earlier NA NA No Comments No Comments monitoring agency reports? Whether all Management undertaking, Government/Statutory NA Statutory Auditor No Comments No Comments approvals related to the certificate. object(s) have been obtained? Page 2 of 8 Source of information / Comments of certifications considered Comments of the Particulars Reply the Board of by Monitoring Agency for Monitoring Agency Directors preparation of report Whether all arrangements Management undertaking, pertaining to technical NA Statutory Auditor No Comments No Comments assistance/collaboration are in certificate. operation? Are there any favorable events Management undertaking, improving the viability of these No Statutory Auditor No Comments No Comments object(s)? certificate. Are there any unfavorable Management undertaking, events affecting the viability of No Statutory Auditor No Comments No Comments the object(s)? certificate. Is there any other relevant M [Showing first 8,000 characters — download PDF for full document]