BSECompany Update10 Aug 2026 · 10 Aug 2026, 07:52 pm

Glottis Limited has informed the Exchange under Regulation 30 (LODR) - Monitoring Agency Report.

Glottis Ltd · 544557

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Glottis Limited has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, to the National Stock Exchange of India Limited and BSE Limited, as per Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report, issued by Crisil Ratings Limited, Monitoring Agency, confirms that there has been no deviation in the utilization of issue proceeds from the objects as stated in the Prospectus of the Initial Public Offer.

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

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Glottis Ltd - 544557 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

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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: Monitoring Agency Report for the Quarter ended June 30, 2026 Ref.: Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed herewith Monitoring Agency Report towards utilization of proceeds of the Initial Public Offer of the Company for the quarter ended June 30 2026, issued by Crisil Ratings Limited, Monitoring Agency to the issue, duly reviewed and taken on record by the Board of Directors and the Audit Committee of the Company at its respective meetings held on 10th August, 2026. Further, we hereby confirm that there has been no deviation in the utilization of Issue proceeds from the objects as stated in the Prospectus of the Initial Public Offer. 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 Crisil Ratings Monitoring Agency Report Glottis Limited for the quarter ended June 30, 2026 entityN umber: U67100MH2019PLC326247 Rgst ered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 szz(auno\w ww.crisilratings.com acompany of S&P Global Crisil Ratings CRL/MAR/ GLOTT1/2026-27/1930 August 10, 2026 Glottis Limited New No. 46, Old No. 311, 1st Floor, Thambu Chetty Street, Chennai - 600 001, Tamil Nadu, India. Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Glottis Limited (“the Company”) Pursuant to Regulation 41 (2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated September 20, 2025, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Report of the Monitoring Agency (MA) Name of the issuer: Glottis Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: T\e declare that this 1eport 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 receies. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoeverfo,r loss or danage front 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 compensatiofonr its ratings and certain credit-related analyses. Ve confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. T\ have submitted the report herewith in line with the format prescribed by SEBI, capturing our contments, 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 Managem/e Anudtit 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 responsibiliftoyr such comments of the issuer’s Management/Board. Signature: und W Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 1) Issuer Details: Name of the issuer: Glottis Limited Names of the promoter: Mr. Ramkumar Senthilvel, Mr. Kuttappan Manikandan Industry/sector to which it belongs: Logistics Solution Provider 2) Issue Details Issue Period: September 29, 2025, to October 01, 2025 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 1,599.99 million* *Note: Particulars Amount (Rs in million) Gross proceeds 1,599.99# Less: Issue Expenses 147.98 Net Proceeds 1,452.01 #Crisil Ratings shall be monitoring the gross proceeds. Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of ?e‘it(:’ifica?i::é Comments Particulars Reply considered by o e i1 e o Agency Board of Monitoring Agency g 3 Directors for preparation of report Management undertaking, Statutory Auditor Whether all utilization is as per certificate”, Proce.eds were u?lhzed towards N . Prospectus dated capital expenditure, general No the disclosures in the Offer Yes R 01/10/2025 corporate purposes and issue comments Document? . (hereinafter referred expenses to as “Offer document”), Bank Statements Whether shareholder approval has been obtained in case of No material deviations from | NA No comments comments expenditures disclosed in the Offer Document? Whether the means of finance for No the disclosed objects of the issue No No comments comments has changed? Is there any major deviation No observed over the earlier No No comments s comments monitoring agency reports? Whether all Government/ No statutory approvals related to the NA Management No comments . : comments object(s) have been obtained? Undertaking, Whether all arrangements Statutory Auditor ining i certificate pertaining o teChmc.al NA No comments No assistance/collaboration are in comments operation? Are there any favorable events No improving the viability of these No No comments h comments object(s)? Are there any unfavorable events No affecting the viability of the No No comments . comments object(s)? Is there any other relevant information that may materially No affec [Showing first 8,000 characters — download PDF for full document]