Monitoring Agency Report

HIFEL LEEN + rm F tin Eiien fl dr GODAWARI POWER & lspAT REF: GPILINSE&BSE/2026/6419 Date: 07.08.2026 1. The Listing Department, 2. The Corporate Relation Department, The National stock Exchange of India Ltd, The BSE Limited, Exchange plaza, Bandra Kurla complex, First Floor, Rotunda Building, Bandra (E), Munbai -400051 Dalal street, Mumbai -400 001 Dear Sirs"a' an, Sub: Submission of Monitoring Agency Report for the quarter ended 30.06.2026. Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find attached herewith the Monitoring Agency Report issued by CARE Ratings Limited, Monitoring Agency dated 07.08.2026, in respect of the utilization of proceeds raised through Preferential Issue by the Company for the quarter ended 30.06.2026. This is for infomation and records. Thanking you, Yours faithfully , For Godawari Power and lspat Limited Y.C. Rao Company Secretary Encl: As Above Power & lspat Limiled ~m¥y`' An lso 9001 :2015, ls014001 :2015, IS0 45001 :2018, 50001 :2018 & 27001 :2022 certified company CIN L24100CTl 999PICO 13756 Reglslered Office and \^/arks: Plot No. 428/2, Phase 1, Industricil Areci, Siltara, Raipur -493111, Chhottisgcirh, India P: +91 771 4082333, F: +91 771 4082234 Corporate Address: Hiro Arccide, Near old Bus Stand, Pandri, Raipur -492004, Chhattisgarh, India P: +91 7714082000, F: +91 7714057601 www.godowaripowerispat.com, www.hirc]group.com Monitoring Agency Report No. CARE/HO/GEN/2026-27/1116 The Board of Directors Godawari Power and Ispat Limited HIRA Arcade, New Bus Stand, Pandri Raipur 492001, Chhattisgarh, India August 07, 2026 Monitoring Agency Report for the quarter ended June 30, 2026 -in relation to the Preferential Issue of We write in our capacity of Monitoring Agency for the Preferential Issue for the amount aggregating to Rs. 500.00 crore of the Company and refer to our duties cast under 162.A. 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 June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated September 19, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Akshay Morbiya Associate Director Akshay.Morbiya@careedge.in Report of the Monitoring Agency Name of the issuer: Godawari Power and Ispat Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: No (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 inany 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 ofinterest 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 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 Management/Board. Signature: Name and designation of the Authorized Signatory: Akshay Morbiya Designation of Authorized person/Signing Authority: Associate Director Disclaimers to MA report: a) This Report is prepared by CARE Ratings Ltd (hereinafter referred to as ). The MA has taken utmost care to ensure accuracy and objectivity while developing this Report based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. 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. b) This Report has to be seen in its entirety; the selective review of portions of the Report may lead to inaccurate assessments. For the purpose of this Report, MA has relied upon the information provided by the management of the Issuer and third-party sources like statutory auditor which is peer reviewed audit firm appointed by the Issuer believed by it to be accurate and reliable. c) Nothing contained in this Report is capable or 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 MA is also not responsible for any errors in transmission and specifically states that it, or its directors, employees do not have any financial liabilities whatsoever to the users of this Report. d) The MA and its affiliates do not act as a fiduciary. The MA and its affiliates also do not act as an expert to the extent defined under Section 2(38) of the Companies Act, 2013. While the MA has obtained information from sources it believes to be reliable, it does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives from statutory auditors which is peer reviewed audit firm (or from peer reviewed CA firms), lawyers, chartered engineers or other experts, and relies on in its reports. e) The MA or its affiliates may have other commercial transactions with the entity to which the report pertains. As an example, the MA may rate the issuer or any debt instruments / facilities issued or proposed to be issued by the issuer that is subject matter of this report. The MA may receive separate compensation for its ratings and certain credit-related analyses, normally from issuers or underwriters of the instruments, facilities, securities or from obligors.