Reg 32

SAPTAK CHEM AND BUSINESS LIMITED Regd. Office: 102/B, Ashwalekha Complex, Nr. Desai Park, Nr. Jivraj Park Bus-Stop, Vejalpur Road, Ahmedabad-380051 Contact No.: +91 8268382683 Website: www.saptakchem.com Email id: munakchem1980@gmail.com CIN: L24299GJ1980PLC101976 01st August 2026 The Corporate Relations Department BSE Limited, Rotunga Building, P.J. Towers, Dalal Street, Mumbai - 400001. Scrip Code: 506906 Sub: Disclosure under Regulation 32(1) of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to SEBI circular-CIR/CFD/CMD1/162/2019 dated 24th December, 2019 as amended from time to time till date, regarding Format on Statement of Deviation or Variation for proceeds of public issue/rights issue preferential issue, Qualified Institutions Placement (QIP) etc. in reference to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We hereby confirm that there is no deviation and/or variation in the utilization of proceeds, from the object mentioned in notice of Extra Ordinary general meeting of the members of the company held on 12th Day of November, 2025 for issuance of 40,00,000 (Forty Lakh) Convertible warrants on a preferential basis for cash consideration at a price of Rs. 10.50/- (Rupees Ten and Fifty Paisa Only) (including the Warrant Subscription Price and the Warrant Exercise Price). The Company has received fund from the Allottees Twenty-Five Percent of consideration amount aggregating to ₹ 1,05,00,000 (Rupees One Crores and Five Lakhs Only) as required under the SEBI ICDR Regulations. A statement of deviation, stating that there is no deviation or variation in the utilization of these proceeds, duly reviewed by the Audit Committee, is attached herewith as Annexure-A. This is for your information and necessary records Thanking you, Yours faithfully, For Saptak Chem and Business Limited Ayush Tated Managing Director DIN: 11461830 Encl.: As Above SAPTAK CHEM AND BUSINESS LIMITED Regd. Office: 102/B, Ashwalekha Complex, Nr. Desai Park, Nr. Jivraj Park Bus-Stop, Vejalpur Road, Ahmedabad-380051 Contact No.: +91 8268382683 Website: www.saptakchem.com Email id: munakchem1980@gmail.com CIN: L24299GJ1980PLC101976 Statement of Deviation / Variation in utilization of funds raised under Preferential issue - Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Name of Listed Entity Saptak Chem And Business Ltd Mode of Fund Raising Issuance of Convertible warrants on a preferential basis for cash consideration Date of Raising Fund 6th April, 2026 Amount Raised ₹ 1,57,50,000 (Seventy-Five Percent of allotted shares of 20,00,000) (Total amount raised under Preferential issue is ₹ 4,20,00,000) Report filed for Quarter and Year Ended June 30, 2026 Monitoring Agency NA Monitoring Agency Name, If Applicable NA Is there any Deviation / Variation in use of funds No raised If yes, Whether the same is pursuant to change in NA terms of a contract or object, which was approved by the shareholders If Yes, Date of Shareholder approval NA Explanation for Deviation / Variation NA Comments of Audit Committee after review No Comments Comments of auditors if any No Comments SAPTAK CHEM AND BUSINESS LIMITED Regd. Office: 102/B, Ashwalekha Complex, Nr. Desai Park, Nr. Jivraj Park Bus-Stop, Vejalpur Road, Ahmedabad-380051 Contact No.: +91 8268382683 Website: www.saptakchem.com Email id: munakchem1980@gmail.com CIN: L24299GJ1980PLC101976 Objects for which funds have been raised and where there has been a deviation, in the following table: Original Object Modified Original Modified Funds Amount Remarks Object, Allocation allocation, Utilized of if any if any if any Deviation/ Variation for the quarter according applicable object To meet Working Nil Rs. 1.57 Cr. Nil Rs. 1.57 Cr. Nil No Capital deviation requirement of the company and to provide margin for Bank Guarantee To utilize for Nil Nil Nil Nil Nil No General Corporate deviation Purposes Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised; or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fundraising document For Saptak Chem and Business Limited Ayush Tated Managing Director DIN: 11461830