Statement of Deviation(s) or Variation(s) for quarter ended June 30, 2026.

KEL:SH:SE Date: August 03, 2026 The Manager-Corporate Relations Department BSE Limited 1* Floor, P J Towers Fort, Mumbai- 400 001. BSE Scrip Code: 500240 Subject: Compliance under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 20- St1atem5ent of deviatori voarinat(ions(s)). Please find enclosed herewith the Statement of Deviation(s) or Variation(s) under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended June 30, 2026. Thanking You, Yours Truly, For Kinetic Engineering Limited Chaitanya Mundra Company Secretary and Compliance Officer KINETIC ENGINEERING LTD Registered Address: Factory Address: Contact: +91 2066142049 D1 Block, Plot No.18/2, Kinetic Manufacturing Plant Email ID: kelinvestors @kineticindia.com Chinchwad, Pune Nagar-Daund Road, Ahmednagar ~ Website: www.kineticindia.com Maharashtra India 411019 Maharashtra India 414001 CIN: L35912MH1970PLC014819 CELEBRATING 50 YEARS OF KINETIC Statement of Deviation / Variation in utilisation of funds raised Name of listed entity Kinetic Engineering Limited Mode of Fund Raising Preferential Issues of Convertible Warrants Date of Raising Funds Company has received total amount of Rs. 101.60 crore till June 30™, 2026 in multiple transactions. Amount Raised Company has received total amount of Rs. 101.60 crore till June 30", 2026. Report filed for Quarter ended June 30", 2026 Monitoring Agency Applicable Monitoring Agency Name, if CARE Ratings Limited applicable Isthere a Deviation/ Variationin use No of fundsraised If yes, whether the same is Not Applicable pursuant to change interms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Explanation for the Deviation / Variation Comments of the Audit Committee after review Comments of the auditors, if any Objects for which funds have beenraised and where there has been a deviation, in the following table KINETIC ENGINEERING LTD HEAD OFFICE: FACTORY: CONTACT: Kinetic Innovation Park Kinetic Manufacturing Plant +91 20 66142049 D-1 Block. 18/2 MIDC, Chinchwad, Nagar-Daund Road. www.Kineticindia.com CIN:L35912MH 1970PLCO14819 Pune, Maharashtra 411019. India Ahmednagar 414001. India &. Scanned with OKEN Scanner < HINETIC CELEBRATING 50 YEARS OF KINETIC Original Object Modified Original Revised Revised | Funds | Amountof | Remarks, ifany Object, if Allocation | Costvide | Costvide Deviation/ any InRs. BRdated | BRDated | inRs. | Variationfor Crore May13, | March11, | Crore | thequarter 2025inRs. | 20261n according Crore Rs. Crore toapplicable object Redemption of NA. 1964 1964 1964 1964 il Nil utilization during the reporting Preference Shares quarter. Payment of NA. 536 536 482 482 Nil Nil utilization during the reporting Overdue Liabilities quarter. Investmentin NA. 12000 12000 12000 | 5200 Nil The funds received from issue Subsidiary Company proceeds were utilized towards equity investment in the subsidiary company i.e. Kinetic Watts and Volts Limited via right issue, as per the objects of the issue. Capex NA. 1200 1200 7.00 000 Nil Nil utilization during the reporting includingSolar Project quarter. Working NA. 1010 800 1354 1109 Nil Utilized towards vendor payments of Capital Requirements the company. General NA. 10.00 1.84 184 000 Nil Nil utilization during the reporting Corporate quarter. Purpose Total 177.10 166.84 16684 | 8755 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 ofa contract referred to in the fundraising document i.e. prospectus, letter of offer, etc. For Kinetic Engineering Limited inayak Shevade Chief Financial Officer Note: As of June 307 2026 the Company had received Rs.1,01,59,75,040/- out of the total issue proceeds of Rs. 1,66,83,99,975/- The remaining Rs. 65,24,24,935/- is expected to be received by the Company within 18 months from the date of allotment of the share warrants. HEAD OFFICE: FACTORY: CONTACT: Kinetic Innovation Park Kinetic Manufactuning Plant +91 20 66142049 D-1 Block. 18/2 MIDC, Chinchwad, Nagar-Daund Road. www.Kineticlndia.com Pune. Maharashtra 411019, India Ahmednagar 414001. India CIN:L35912MH1970PLCO14819 (& scanned with OKEN Scanner