Statement of Deviation for the quarter ended 30th June 2026

BALGOPAL COMMERCIAL LIMITED CIN: L43299MH1982PLC368610 Date: 11.08.2026 The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Scrip Code: 539834 Respected Sir/Madam, Sub: Statement on deviation or variation of funds raised through Preferential Issue of equity shares and warrants Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular No. CIR/ CFD/CMDl/162/2019 dated December 24, 2019, we hereby confirm that during the quarter ended 30th June 2026, there was no deviation or variation in the use of funds raised through preferential issue of shares and warrants from the objects stated in the Explanatory Statement to the Notice of Extra-Ordinary General Meeting of the Company dated 10th December, 2024. A statement of deviation or variation for the quarter ended June 30th, 2026, duly reviewed by the Audit Committee of the Company is enclosed as "Annexure". We hereby request you to take the above information on your records. Thanking You, For Balgopal Commercial Ltd Ankit Ladha Company Secretary & Compliance Officer ICSI Membership No: A74941 ADDRESS: 901, 9th Floor, Crescent Royale, CTS No. 720 / 42-46, Oshiwara Village, Andheri (West), Near VIP Plaza, Off New Link Road, Mumbai – 400053 Website: www.dreamaxgroup.com/ Email ID: info1@drea maxgroup.com Contact: 022-40097165/ 9324922533 BALGOPAL COMMERCIAL LIMITED CIN: L43299MH1982PLC368610 Annexure Statement of Deviation / Variation in utilisation of funds raised Name of the Listed Entity Balgopal Commercial Limited Mode of Fund Raising Preferential Issue (Conversion of warrants) Date of Raising Funds 04-06-2026 Funds were received on 04.06.2026, and the corresponding equity shares were allotted on 06.06.2026 upon conversion of warrants Amount Raised Rs. 10,52,10,000/- Report Filed for Quarter Ended 30 June, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of No funds 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 Not Applicable Review Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation, in the following table Original Modified Original Modified Funds Amount of Remarks if Object Object, if Allocation allocation, Utilised Deviation/ Any Any if any Variation for the quarter according to applicable object To acquire/ Not Rs. Not Rs. Nil Not make Applicable 10,52,10,000/- Applicable 10,52,10,000/- Applicable investments in similar line of business activity, meeting long term ADDRESS: 901, 9th Floor, Crescent Royale, CTS No. 720 / 42-46, Oshiwara Village, Andheri (West), Near VIP Plaza, Off New Link Road, Mumbai – 400053 Website: www.dreamaxgroup.com/ Email ID: info1@drea maxgroup.com Contact: 022-40097165/ 9324922533 BALGOPAL COMMERCIAL LIMITED CIN: L43299MH1982PLC368610 funding requirements Company, working capital and general corporate purposes in order to support the future growth plan of the Company. 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 (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. For Balgopal Commercial Ltd Ankit Ladha Company Secretary & Compliance Officer ICSI Membership No: A74941 ADDRESS: 901, 9th Floor, Crescent Royale, CTS No. 720 / 42-46, Oshiwara Village, Andheri (West), Near VIP Plaza, Off New Link Road, Mumbai – 400053 Website: www.dreamaxgroup.com/ Email ID: info1@drea maxgroup.com Contact: 022-40097165/ 9324922533