Please find the Deviation or Variation in the utilization of proceeds

Date: 06-08-2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Exchange Plaza, 5th Floor, Plot No. C/1, G P. J. Towers, Dalal Street, Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 544244 Scrip Name: GALAPREC Dear Sir/Ma’am, Sub: Statement of deviation(s) or variation(s) for the quarter ended 30th June 2026 under regulation 32(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 32 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation(s) or variation(s) in the utilization of proceeds raised through issuance of equity shares by way of Initial Public offer (‘IPO’). A NIL statement of deviation(s) or variation(s), for the aforesaid period, in respect of utilization of proceeds from the IPO for the quarter ended June 30, 2026, is duly reviewed by the Audit Committee of the Company and the same is enclosed with this letter. Kindly take the same on your records. Thanks & Regards, For Gala Precision Engineering Limited Pooja Ladha Company Secretary and Compliance Officer Encl.: As above Statement of deviation/ variation in utilization of funds raised: Particulars Details Name of listed entity Gala Precision Engineering Limited Mode of fund raising Public Issue [Initial Public Offer] Amount raised (Rs. in Crore) 167.93 Crore Report filed for quarter ended 30th June 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CRISIL Ratings Limited Is there a deviation/ variation in use of funds No raised If Yes, whether the same is pursuant to Not Applicable change in terms of contracts or objects which was approved by the shareholders If yes, date of shareholders’ Approval Not Applicable Explanation for the deviation/ variation Not Applicable Comments of the audit committee after NIL review Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Not Applicable Original Modified Original Modified Funds Amount of deviation/ Remarks, if object object, allocation allocation, Utilized variation for the quarter any if any if any according to applicable object (in Rs. crore and in - - - - - - - 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 fund raising document i.e. prospectus, letter of offer, etc. Thanks & Regards, For Gala Precision Engineering Limited Pooja Ladha Company Secretary and Compliance Officer