BSECompany Update7h ago · 11 Aug 2026, 05:46 pm

Enclosed herewith Monitoring Agency Report for Quarter ended 30 June, 2026.

Platinum Industries Ltd · 544134

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Platinum Industries Ltd has enclosed a Monitoring Agency Report for the quarter ended June 30, 2026, issued by Crisil Ratings Limited, in respect of utilization of proceeds of Initial Public Offer (IPO) for the quarter.

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Platinum Industries Ltd - 544134 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

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Date: August 11, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited (“BSE”) (“NSE”) Department of Corporate Services Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: PLATIND BSE Scrip Code: 544134 ISIN: INE0PT501018 ISIN: INE0PT501018 Subject: Monitoring Agency Report for the quarter ended June 30, 2026. Dear Sir/Madam, Pursuant to the Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report dated August 11, 2026 issued by CRISIL Ratings Limited, in respect of utilization of proceeds of Initial Public Offer (IPO) of the Company for the quarter ended June 30, 2026. The draft of the above-mentioned report has been duly reviewed by the Audit Committee at its meeting held on August 10, 2026. You are requested to take on record the above information. Thanking You Yours Faithfully, For Platinum Industries Limited Bhagyashree Mallawat Company Secretary and Compliance Officer M. No.: A51488 Enclosed: As Above PLATINUM INDUSTRIES LIMITED CIN: L24299MH2020PLC341637 201, Ackruti Star, Pocket No. 5, Central Road, MIDC, Marol, Andheri East, Mumbai-400069, Maharashtra. Tel.: 022-69983999 / 022-69983900 | E-mail: compliance@platinumindustriesltd.com Monitoring Agency Report Platinum Industries Limited for the quarter ended June 30, 2026 CRL/MAR/PUIUPL/2026-27/1968 August 11, 2026 Platinum Industries Limited 201, Ackruti Star, Pocket No. 5, Central Road, MIDC, Marol, Andheri East, Mumbai – 400 069 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Platinum Industries Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated January 19, 2024, 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) Report of the Monitoring Agency (MA) Name of the issuer: Platinum Industries 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: 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: Platinum Industries Limited Names of the promoter: a. Mr. Krishna Dushyant Rana b. Ms. Parul Krishna Rana Industry/sector to which it belongs: Speciality Chemicals 2) Issue Details Issue Period: Tuesday, February 27, 2024 to Thursday, February 29, 2024 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Fresh issuance of Rs 2,353.17 million (Net proceeds of Rs 2,118.29 million*) *Crisil Ratings shall be monitoring the net proceeds raised through Initial Public Offering of equity shares pursuant to prospectus dated March 1, 2024. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments of certifications the Comments of the Particulars Reply considered by Monitoring Board of Directors Monitoring Agency Agency for preparation of rep ort Management Proceeds are undertaking, Statutory utilised Whether all utilization is as per the Yes auditor certificate^, towards objects No comments disclosures in the Offer Document? Final Offer Document, disclosed in the Bank Statements Prospectus Whether shareholder approval has been obtained in case of material deviations NA No comments No comments from expenditures disclosed in the Offer Management Document? undertaking* Whether the means of finance for the disclosed objects of the issue has No No comments No comments changed? Source of information/ Comments of certifications the Comments of the Particulars Reply considered by Monitoring Board of Directors Monitoring Agency Agency for preparation of rep ort Is there any major deviation observed over the earlier monitoring agency No No comments No comments reports? Whether all Government/statutory Refer note 1 & approvals related to the object(s) have No No comments 2 below been obtained? Whether all arrangements pertaining to technical assistance/collaboration are in NA No comments No comments operation? Are there any favorable events improving the viability of these NA No comments No comments object(s)? Are there any unfavorable events NA No comments No comments affecting the viability of the object(s)? Is there any other relevant information that may materially affect the decision No No comments No comments making of the investors? NA represents Not Applicable ^ Certificate dated August 06, 2026 issued by M/s PKF Sridhar & Santhanam LLP, Chartered Accountants (Firm Registration Number: 003990S/S200018), Statutory Auditors of the company. Note 1: Government Approvals are required stage wise. As on date below mentioned approvals are received: • Egypt: Environment Clearance, Building Permit • Palghar: Town planning, MPCB - Consent to Establishment, MSEDCL – Electricity Board License, MPCB - Consolidated Consent and Authorization, DISH Sanction Plan, Factory license, Import Export Code, Factory Act License, Weights & Measure Certificate. Note 2: Below is the list of approvals pending: • Egypt: Fire Permit, Weight & Measure Certificate • Palghar: Fire NOC (application under process) & Lift license. *The Monitoring Agency has relied solely on the management undertaking for the [Showing first 8,000 characters — download PDF for full document]