Statement of Deviation and Variation as per Clause 32(1), (2) and (3) for the quarter ended on 30th June, 2026 under the SEBI (Listing Obligation and Disclosure Requirements), 2015 duly ....

Ref: MDL/SECT/BSE/2031 Date: 11th August, 2026 M/s. BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001 Sub.: Statement of Deviation and Variation as per clause 32 (1), (2) and (3) for the quarter ended 30th June, 2026 under the SEBI (Listing Obligation and Disclosure Requirements), 2015. Ref: Scrip Name: Modern Dairies Ltd., Scrip Code: 519287 & ISIN: INE617B01011 Dear Sir/Madam, Please find enclosed herewith Statement of Deviation and Variation as per Clause 32 (1), (2) and (3) for the quarter ended 30th June, 2026 under the SEBI (Listing Obligation and Disclosure Requirements), 2015. The said statement was reviewed by Audit Committee and Board of Directors in their meeting held on 11th August, 2026. This is for your information. Thanking you Yours truly, For MODERN DAIRIES LIMITED SHRUTI JOSHI COMPANY SECRETARY AND COMPLIANCE OFFICER Encl.: As above YODER,, MODERN DAIRIES LTD. Corporate Offi:c 9e8 -99, Sub City Centre, Sector 34, Chandigarh - 160 022 (INDIA) Tel.: +91 172-2609001, 2609002, Fax: +91 172-2609000 — DAIRIES Email : info@moderndairies.com, CIN : L74899HR1992PLC032998 Regd. Office & Works : PB No. 3, 136 KM, G.T. Road, Karnal 132001 (Haryana) Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (Amount in Lakhs) Mode of Fund Raising Preferential Issues Descriptioonf mode of fund raising o 77;\‘7{ B (Applicable in case of others is selected) Date of Raising Funds 13-03-2025 Amount Raised 1075.00 Report filed for Quarter ended 30-06-2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is therea Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of a NA contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval NA E;planalion for the Deviation / Variation NA Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table:- (Amount in Lakhs) Original Object Modified | Original | Modified | Funds Amounotf Object, if | Alocation | allocation, | Utilised |D eviation/Variation any if any for the quarter according to applicable object Requirement of Long Term NA 4300 - 1075 - Funds to strengthen Capital base and utilisation for the Operations of the Company Name of Signatory Mr. Krishan Kumar Goyal Designation Chairman & Managing Director Place Chandigarh Date 11.08.2026 YORER), MODERN DAIRIES LTD. Corporate Offi:c 9e8 -99, Sub City Cenire, Sector 34, Chandigarh - 160 022 (INDIA) Tel.: +91172-2609001, 2609002, Fax: +91 1722609000 S Email : info@moderndairies.com, CIN : L74899HR1992PLC032998 DA][ ]R I E Regd. Office & Works : PB No. 3, 136 KM, G.T. Road, Karnal-132001 (Haryana) Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (Amount in Lakhs) Mode of Fund Raising Others Description of mode of fund raising Conversion of Warrants to (Applicable in case of others is selected) Equity Shares of the Company Date of Raising Funds 20-03-2025 Amount Raised 862.50 Report filed for Quarter ended 30-06-2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the NA shareholders If Yes, Date of shareholder Approval NA Explanation for the Deviation / Variation NA Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table: (Amount in Lakhs) Original Object Modified| Criginal | Modified | Funds Amount of Object, if| Allocation| allocation, | Utilised |D eviation/Variation any if any for the quarter according to applicable ~ object Requirement of Long Term NA 862.50 - 862.50 - Funds to strengthen Capital base and utilization for the (Operations of the Company Name of Signatory Mr. Krishan Kumar Goyal Designation Chairman & Managing Director Place Chandigarn Date 11.08.2026 YORER), MODERN DAIRIES LTD. Corporate Offi:c 9e8 -9, Sub Cily Cenire, Sector 34, Chandigarh - 160 022 (INDIA) Tel.: +91 1722609001, 2609002, Fax: +91 172-2609000 ——— DAIRiES Email : info@maderndairies.com, CIN : L74899HR1992PLC032998 Regd. Office & Works : PB No. 3, 136 KM, G.T. Road, Karnal~132001 (Haryana) Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (Amount in Lakhs) Mode of Fund Raising Others Description of mode of fund raising Conversion of Warrants to (Applicable in case of others is selected) Equity Shares of the Company Date of Raising Funds 26-02-2026 & 27-02-2026 Amount Raised 1050.00 | | Report filed for Quarter ended 30-06-2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a Deviation / Variation in use of funds raised “No_ - If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the NA shareholders . o If Yes, Date of shareholder Approval NA Explanation for the Deviation / Variation NA Comments of the Audit Committee after review No Comments FCommems of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table: (Amount in Lakhs) Original Object Modified Orginal Modified Funds Amount of Object, if | Allocation allocation, Utilised Deviation/Variation if any for the quarter according to applicable object Requirement of Long Term NA 1050.00 - 1050.00 - Funds to strengthen Capital base and utilisation for the Operations of the Company Name of Signatory Designation Chairman & Managing Director Place Chandigarh Date 11.08.2028