Monitoring Agency Report

SECY/S.E./2026-27 August 11, 2026 BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai – 400 001 Scrip code: 506854 Dear Sir/Madam, Sub: Monitoring Agency Report for QIP - Quarter ended June 30, 2026 Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed herewith the Monitoring Agency Report dated August 10, 2026 issued by CRISIL Rating Limited (Monitoring Agency), for the quarter ended June 30, 2026 in respect of utilization of proceeds of the Qualified Institutional Placement (‘QIP’) of the Company. This is for your kind information and records. Thanking you. Sincerely yours, For TANFAC Industries Limited Vinod Kumar S Company Secretary & Compliance Officer Enclosure: As above TANFAC INDUSTRIES LIMITED (Joint Sector Company with TIDCO and Anupam Rasayan India Ltd.) Registered Office & Factory: 14, SIPCOT Industrial Complex, Cuddalore – 607 005, Tamil Nadu, India Tel: + 91 4142 239001 – 05| Fax: + 91 4142 239008 | Website: www.tanfac.com Chennai Office: Oxford Centre, 1st Floor, 66, Sir C.P. Ramaswamy Road, Alwarpet, Chennai 600 018, TN, India Tel.: +91-44-2499 0451/0561/0464 Fax: +91-44-2499 3583 GST: 33AAACT2591A1ZU | CIN: L24117TN1972PLC006271 Monitoring Agency Report Tanfac Industries Limited for the quarter ended June 30, 2026 CRL/MAR/TANFAC/2026-27/1904 August 10, 2026 Tanfac Industries Limited Plot No. 14, SIPCOT Industrial Complex Kudikadu, Cuddalore - 607 005 Tamil Nadu, India Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Qualified Institutional Placement (“QIP”) of Tanfac Industries Limited (“the Company”) Pursuant to Regulation 173A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated March 23, 2026, 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 QIP 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) Report of the Monitoring Agency (MA) Name of the issuer: Tanfac Industries Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil 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 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 compensation for its ratings and certain credit-related analyses. We 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. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, 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 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 sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Tanfac Industries Limited Names of the promoter: Anupam Rasayan India Limited Tamil Nadu Industrial Development Corporation (TIDCO) Industry/sector to which it belongs: Commodity Chemicals 2) Issue Details Issue Period: June 23, 2026, to June 25, 2026 Type of issue (public/rights): Qualified Institutional Placement (QIP) Type of specified securities: Equity Shares QIP Grading, if any: NA Issue size: Gross Proceeds of Rs 24,999.97 lakhs (Net proceeds of Rs 23,567.01 lakhs*) *Crisil Ratings shall be monitoring the net proceeds amount. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ certifications Comments of the Comments considered by Particulars Reply Monitoring of the Board Monitoring Agency of Directors Agency for preparation of report Peer-reviewed Independent Chartered Accountant Certificate^, Management No proceeds were Whether all utilization is as per the disclosures undertaking, utilized during No in the Offer Document? Placement the reported comments Document dated quarter June 25, 2026 (hereinafter referred to as “Offer Document”), Bank Statements Source of information/ certifications Comments of the Comments considered by Particulars Reply Monitoring of the Board Monitoring Agency of Directors Agency for preparation of report Whether shareholder approval has been obtained in case of material deviations from NA No comments comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed No No No comments objects of the issue has changed? comments Peer-reviewed Is there any major deviation observed over the No No Independent No comments earlier monitoring agency reports? comments Chartered Accountant Whether all Government/statutory approvals No Yes Certificate^, (Refer Note 1) related to the object(s) have been obtained? comments Management undertaking Whether all arrangements pertaining to technical assistance/collaboration are in NA No comments comments operation? Are there any favorable events improving the No No No comments viability of these object(s)? comments Are there any unfavorable events affecting the No No No comments viability of the object(s)? comments Is there any other relevant information that may materially affect the decision making of the No No comments comments investors? NA represents Not Applicable ^ Certificate dated July 31, 2026, issued by M/s Chhajed & Doshi, Peer-reviewed Independent Chartered Accountant (Firm Registration Number: 101794W). Note 1: The company got consent to establish (CTE) dated 18/06/2025 from Tamil Nadu Pollution Control Board (TNPCB) for the objects mentioned in the placement document. 4) Details of object(s) to be monitored: i. Cost of the object(s): Source of Original Comments of the Board of Directors information/ cost Revised certification (as per the Sr. Cost Comment Item considered Offer Particulars No. (Rs. in of the MA Head by MA for Document) Reason of Proposed of firm lakhs) preparation (Rs. in Cost financing arrange- of report lakhs) revision option ments made Financing the project cost for establishment of refrigerant gas [Showing first 8,000 characters — download PDF for full document]