BSECompany Update10 Aug 2026 · 10 Aug 2026, 07:17 pm

Compliances - Statement of Deviation and Variation.

Glottis Ltd · 544557

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Glottis Ltd has filed a compliance statement with the National Stock Exchange and BSE, stating that there has been no deviation or variation in the utilization of funds raised through its initial public offering (IPO) for the quarter ended June 30, 2026. The company has revised the net proceeds from the IPO from Rs. 14,520.07 lakhs to Rs. 14,533.19 lakhs due to lower issue expenses.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Glottis Ltd - 544557 - Compliances - Statement Of Deviation And Variation.

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Date: August 10, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SYMBOL: GLOTTIS SCRIP CODE: 544557 Dear Sir/Ma’am Sub: Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended June 30, 2026. Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith as annexure, the Statement confirming that there has been no Deviation or variation in utilization of funds raised through Initial Public Offering (IPO) by the Company from the objects stated in Prospectus, for the quarter ended June 30, 2026, duly reviewed by the Audit Committee, at its meeting held on August 10, 2026. The above is for your information and record. Thanking you, Yours faithfully For Glottis Limited Nibedita Panda Company Secretary and Compliance Officer M. No: A68844 G Iott Is STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED Name of listed entity Glottis Limited Mode of Fund Raising Public Issue Date of Raising Funds October 3, 2025 Amount raised Rs. 15,999.87 Lakhs Report filed for Quarter ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Crisil Ratings Limited Is there a Deviation / Variation in use of funds raised No If yes, whethethre same is pursuant to change in terms of a contract or objects, which was approved byt he shareholders NA If Yes, Date of shareholder Approval NA Explanation for the Deviation / Variation NA Comments of the Audit Committee after review NIL Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation, in the following table Amount of Ori. ginal Obje ct Modif. i ed AlO lr oi cg ai tna i2| l o n Alloco ad ti if ol ne ,d if | | u¢ t ig U li 5 sed || D nev fi oa rt ti ho en/ qV ua ar ri ta et ri o [Remarks, ) i f any Object, if any any ®uakhs) | P | ek | accordingto 2 applicable object Capital Expenditure 13,254.20] 13,254.20| 449255 General Corporate Purposes 1,26587| 1,278.99| 127887 Refer Note Net Proceeds NA 14,520.07 14,533.19 5,771.42 | Refer Note below GEIGW Issue Expenses 1,479.80| 146668 | 1,466.68 Gross Proceeds 15,099.87| 15999.87 | 7,238.10 Note During the quarter ended March 31, 2026, Net proceeds have been revised from X 14,520.07 lakhs to X 14,533.19 lakhs as the actual Issue Expenses are lower than estimated as per the offer document by X 13.12 lakhs. The same has been adjusted with General Corporate Purposes cost. 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 fund raising document i.e. prospectus, letter of offer, etc For and on behalf of the Board of Directors of Glottis Limited Rajasree Chief Financial Officer Date: Aug 10, 2026 Place: Chennai Glottis Limited Regd Off : New No.46, Old No.311, Ist Floor, Thambu Chetty Street, Chennai - 600 001. &, (044) 2525 0222 / 4266 5587 Corp. Office : Plot No.164, 13th Cross Street, Defence Officers Colony, Ekkatuthangal, Nandambakkam, Chennai - 600 032.