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

HCC/SEC/MOA/2026 August 6, 2026 BSE Limited National Stock Exchange of India Ltd. The Corporate Relationship Dept, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai-400 001 Mumbai-400 051 Scrip Code : 500185 Symbol: HCC Dear Sir I Madam, Sub : Monitoring Agency Report for the quarter ended June 30, 2026 In compliance with Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 82(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, in relation to the Rights Issue of Equity Shares of the Company, issued by Care Ratings Limited as per Monitoring Agency Agreements dated November 26, 2025, duly reviewed and taken on record by the Audit Committee in its Meeting held today i.e. August 6, 2026. We request you to kindly take the above on record. Yours sincerely, For Hindustan Construction Company Ltd. Nitesh Kumar Jha Company Secretary Encl.: As above Hindustan Construction Co ltd Hincon House, LBS Marg, Vikhroli (West). Mumbai-400 083, India Tel: +91 22 2575 1000 Fax: +91 22 2577 7568 CIN : L45200MH1926PLC001228 www. hccindia. com No. CARE/GEN/2026-27/1016 The Board of Directors Hindustan Construction Company Limited Hincon House, LBS Marg, 247 Park, Vikhroli West Mumbai Maharashtra 400083 08/06/2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended 06/30/2026 - in relation to the Rights issue of Hindustan Construction Company Limited (“the Company”) We write in our capacity of Monitoring Agency for the Rights Issue for the amount aggregating to Rs. 999.99 crore of the Company and refer to our duties cast under 82 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended 06/30/2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated 11/26/2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Tej Kiran Associate Director tej.kiran@careedge.in Report of the Monitoring Agency Name of the issuer: Hindustan Construction Company Ltd. For quarter ended: 06/30/2026 Name of the Monitoring Agency: CARE 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 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: Tej Kiran Designation of Authorized person/Signing Authority: Associate Director CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 1) Issuer Details: Name of the issuer : Hindustan Construction Company Ltd Name of the promoter : Mr. Ajit Gulabchand Industry/sector to which it belongs : Construction 2) Issue Details Issue Period : 12/12/2025 to 12/17/2025 Type of issue (public/rights) : Rights Issue Type of specified securities : Equity Shares IPO Grading, if any : Not Applicable Issue size (in crore) : Rs. 999.99 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors Whether all utilization is as per the disclosures in the Offer Chartered Accountant certificate1 The utilization is in line with offer Yes No comments Document? and Bank Statements document. Not applicable as there is Whether shareholder approval has been obtained in case of no deviation from material deviations# from expenditures disclosed in the Offer Chartered Accountant certificate1 Nil No comments expenditures disclosed in Document? the offer document Whether the means of finance for the disclosed objects of the Not applicable as there Mail correspondence from the Nil No comments issue have changed? is no change company. Care Ratings | 1 CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors No, there are no Previous MA reports, Chartered There is no deviation in the object or Is there any major deviation observed over the earlier monitoring deviations observed Accountant certificate1 and Bank purpose for which funds have been No comments agency reports? from the last monitoring Statements raised. agency report Whether all Government/statutory approvals related to the Government/ statutory Mail correspondence from the Nil No comments object(s) have been obtained? approvals not required company Whether all arrangements pertaining to technical Mail correspondence from the Not applicable Nil No comments assistance/collaboration are in operation? company Are there any favorable/unfavorable events affecting the viability Mail correspondence from the No Nil No comments of these object(s)? company Is there any other relevant information that may materially affect There has been delay of 76 days in Yes Chartered Accountant certificate* No comments the decision making of the investors? utilisation of funds. 1Chartered Accountant certificate from Mukund M. Chitale & Co. (Statutory Auditor) dated July 27, 2026. #Where material deviation may be defined to mean: a) Deviation in the objects or purposes for which the funds have been raised b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer documents. Care Ratings | 2 CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, [Showing first 8,000 characters — download PDF for full document]