PFA statement of deviation or veration in the use of the proceeds of the Right Issue for the quarter ended 30/06/2026

JAINEX AAMCOL LIMITED Regd Off.: L-3, MIDC Industrial Area P.O. Chikalthana Aurangabad - 431006 Email: accounts@jainexgroup.com Contact: 02406614490 Website: http://www.jainexaamcol.com CIN: L74999MH1947PLC005695 August 07, 2026 BSE Limited Listing Operations Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 DSuebar: SSitrast, ement of Deviation(s) or Variation(s) in the Use of Proceeds of Right Issue of Equity Shares under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter ended 30th June, 2026 Dear Sir/Ma’am, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the revised Statement indicating no deviation or variation in utilization of proceeds of Right Issue of equity shares issued by the Company for the Quarter ended 30 June, 2026. This is for your information and records. Thanking you, Yours sincerely, For JAINEX AAMCOL LIMITED Kunal Bafna Whole-time Director and CFO 00902536 JAINEX AAMCOL LIMITED Regd Off.: L-3, MIDC Industrial Area P.O. Chikalthana Aurangabad - 431006 Email: accounts@jainexgroup.com Contact: 02406614490 Website: http://www.jainexaamcol.com CIN: L74999MH1947PLC005695 Particulars Details Statement Statement of Deviation / Variation in Utilisation of Funds Raised Name of Listed Entity Jainex Aamcol Limited Mode of Fund Raising Right Issue Date of Raising Funds December 10, 2025 (Date of Allotment) Amount Raised 897.80 Lakhs Report Filed for Quarter Ended June 30, 2026 Monitoring Agency Applicable Monito ring Agency Name (If Applicable) CARE 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 a Contract or Objects, Which was Approved by the Shareholders If Yes, Date of Shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee After NIL Review COobmjemctesn ftos ro fw thheic Ahu fduitnodrss , hIfa Avney b een raised andN IwL here there has been a deviation, in the following table Original Modified Original Modified Funds Amount of Remarks if Object Object, if Allocation allocation, Utilized Deviation/Var Any any (in Lakhs) if iation for the any quarter according to applicable object To partially Not 250.00 288.96 297.92 38.96 The Balance fund the Applicable fund on Expansion right issue Program expense, it Towards Not 400.00 548.04 548.04 148.04 utilized repayment Applicable towards the of expansion unsecured progaramme loans of the availed to company as JAINEX AAMCOL LIMITED Regd Off.: L-3, MIDC Industrial Area P.O. Chikalthana Aurangabad - 431006 Email: accounts@jainexgroup.com Contact: 02406614490 Website: http://www.jainexaamcol.com CIN: L74999MH1947PLC005695 fund the per the expansion 192 board program resolution Repayment Not 212.80 20.80 20.80 13.02.2026 of Secured Applicable 5 . Loans I ssue Not 35 40 31.04 ENxopteen 1d:i tMuraen agAepmpleicnatb lien formed the Audit Committee that Unsecured loans carry higher cost compared to secured loans and accordingly, it was considered financially prudent to prioritize repayment of Unsecured Loan and as per offer document the revision in deployment of fund can be done at the discretion of the management. As per board resolution dated 10.12.2025 the company has revised cost of object and utilisation is in line with the board resolution and the comments of the management being taken on record by the Audit Committee. The Audit Committee concluded that there is no Deviation / Variation in Use of Funds Raised through Right Issue. Note 2: The Balance fund on right issue expense, it utilized towards the expansion progaramme of the company as per the board resolution 13.02.2026 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 o f offer, etc For JAINEX AAMCOL LIMITED Kunal Bafna Whole-time Director and CFO 00902536