Statement of Deviation & Variation for the Quarter ended 30.06.2026

tsxpo Expo Engineering and Projects Ltd. (Formerly known as Expo Gas Containers Ltd.) Expo house, 150 Sheriff Devji Street, Mumbai400 003, lndia Tel.: +91 22 6131 9600 Website: wwwexpoepl. com CIN NO. : 140200MH 9B2PLC027B37 Ref: C:/ Expo/8sd2026-27 lltn August,2026 The Stock Exchange, Mumbai Department of Corporate Services Pl'riroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Ref: Security code no.5266L4 Sub.: EBI or Variati preferential issue for the quar-ter ended 30.06.2026 pursuant to Regulation 32(1) of SEBI (LODR) Regulations, 2015, and SEBI Circular No. CIRICFDICMD 11L62/ z01g datãd December 24, z}ilg issued by thã SEBI, we hereby confirm that there is no deviation or variation in the utilization of pr.oceeds raised through Preferential issue of convertible warrants from the objects mentioned in notice alång with the explanatory statement of notice dated g4ttr June,2025 read with corrigendurn clatcc{ 21"rfunc,2025 catling Extra Ordinarry Gcneral lvfeel.ing of the Company on27ú' Junc,2025 We are pleasecl to submit NIL Statement of cleviation and ftirther, there is no moclification in the project and the funå utilized for the euarter ended ?0th June, 2026.purs;.tant to Regulation 32 of SEBI LODR Regulation duly reviewed by the Audit Committee is enclosecl. The above statement will also be macle available on the website of the Company at www.expogas.com You are requestecl to kindly take note of the above information. Thanking you, Very fi'rrly yours/ For Expo Engineering and Projects Limited (Formerly known as ExPo Gas rs Limited) Hasanain Managing Director (DIN 00125472) (ç-o-{oor(sg,r39qD@!94qr!9-Ð ASME,'U"'R"'NB' tsxpo Expo Engineering and Projects Ltd. (Formerly known as Expo Gas Containers Ltd.) Expo house, 150 Sheriff Devji Street, Mumbai400 003, lndia Tel.: +91 22 6131 9600 Website: www.expoepl.com CIN NO. : 140200M H 1 982PLCO27 837 statement of Deviation/ Variation in utilization of funds raised- Annexure- A Name of listed entitv Expo Engineering and Projects Limited Mode of Fund Raising Preferential Issue of Convertible Warrant 3'1,,45,7L5 (Thirty-One Lakh Forty-Five Thousand Seven Hundred and Fifteen Only) Convertible warrant into equity shares of the Company having face value of Rs. 4/- (Rupees Four) each at a price of Rs. 70/ - per warrant (including premium of Rs. 66/- per warrant) aggregating to Rs. 22,02,00,050 (Rupees Twenty-Two Crore Two Lakh Fifty Orùy) to promoter and non-promoter category on preferential basis Date of Raising Funds 26th September,2025 Amount Raised 22,02,00,050 (Rupees Twenty-Two Crore Two Lakh Fifty Only) The above is the total issue size. However, the company has received following sums during the quarter ended 30th September,2025 1,. 25% of the issue i.e Rs.5,50,50012.5(Five Crore Fifty Lakh Fifty thousand twelve only) (Rs.17.50per warrant for 3L,45,715w arrants) as upfront consideration/ subscription amounf and Balance 75% (Rs. 52.50 per warrant) will be received as when the conversion option is exercised by the warrant holder to convert warrant into equity shares during the tenure of 18 months of the warrants. During the quarter ended 30tl' June,2026 company has not received any proceeds towards conversion of warrants into equity shares of the Company. Report filed for Quarter ended 39ttt June,2026 Monitoring Aqency NA Monitoring Agency Name, If Applicable NA 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 bv the shareholders If ves, details of the approval so reouired? Not Applicable -z--ì\ Date of approval Explanation for the Deviation / Variation Comments of the audit committee after The audit committee noted that there was no deviation)ffilon review in the use of funds raised by Preferential issue. @@l@Alq4, ¿1500' tsxpo Expo Engineering and Projects Ltd. (Formerly known as Expo Gas Containers Ltd.) Expo house, 150 Sheriff Devji Street, Mumbai400 003, lndia Tel.: +91 2261319600 Website: www.expoepl.com CIN NO. : 140200MH I 9B2PLC027 837 objects for which funds have been raised and where there has been a deviation, in the following table: gL,4L,7ls(Thirty-one Lacs Forty-Five Thousand Seven Hundred and Fifteen only), Convertible I'ly'arrants of'the Co*pur,y having face ïalue of Rs. 4/- (Rupees Four) each at a pllce of Rs' 70/- pet Warrant (including premium of ñ.s. 66/- perWarant) ággt"gutittg to Rs. 22,02,00,050 (Rupees Twenty-Two Crores 1'*o m.Jfif$)to promotor category on preferential basis "rrdrroo-ptomotet Original Object Modified Original Modified Funds Amount of Remarks, if Object, if Allocation allocation, Utilised Deviation / any any (Amount if any (Amount Variation for in Crore.) in Crore) Quarter according to Applicable object Augment Not 5.02 Not Applicable 3.82 Not No Applicable deviation working caPital Applicable needs the Company for purchase of raw materials, consumables etc. For general Not 3.00 Not Applicable 00.87 Not t\o Applicable deviation corporate Applicable pulposes Repayment of Not 14.00 0.00 Not No debts i. e. Applicable Not Applicable Applicable deviation existing loan repayment of Saraswat Bank and other Banks Total 22.02 4.69 tsxpo Expo Engineering and Projects Ltd. (Formerly known as Expo Gas Containers Ltd.) Expo house, 150 Sheriff Devji Street, Mumbai400 003, lndia Tel.: +91 22 6131 9600 Website : www.expoepl.com CIN NO.: 140200MH I 982PLCO27 837 Deviation or variation could mean: a.Deviationintheobjectsorpurposesforwhichthefundshavebeenraisedor b.Deviationintlrearrrountoffundsactuallyutiiizedasagainstwhatwasoriginallydisclosedor c.Changeintermsofacontractreferredtointhefund-raisingdocumentl.e.prospectus,letterofoffer,etc. * The above is the total issue size. However, the company has received following sulns during the quarter ended 30t' sePtemb et,20.25.Company has re.eiv" d' 25o/" of the issue i'e Rs'5'50'50'012/ - (Five crore Fifty Lakh Fifty thousand twelve only) (Rs.17.50per warrant Íot 3'!',45,715warrants) as upfront consideration/ subscription amounÇ and Balanc e 75% (Rs' 52'50 per warrant) will be received as when the conversion option is exercised by the warrant holder to convert warrant into equity shares during the tenure of l-8 months of the warrants' During the Quarter ended 3gttr June 2026 Company has not received any Proceeds towards conversion of warrairts into equity shares of the Company' For Expo Engineering and Proiects Limited (Formårly kño*r, urE*po Gas Containers Limited) Hasanain Managing Director (DIN 0012s472) ASME, 'U" 'Fl" 'NB'