Monitoring Agency Report

SIMPLEX INFRASTRUCTURES LIMITED 3EGD OFFICE 'SIMPLEX HOUSE’ 27, SHAKESPEARE SARANI KOLKATA-700 017 (INDIA) AN ISO 9001 : 2015 PHONES +91 33 2301-1600, FAX *-91 33 2289-1468 certified company E-mail simplexkolkata@simpexinfra com. Website www.simplexinfra.com CIN No L45209 WB 1924 PLC 004969 01/CS/SE/OO1/95648 August 11,2026 The Secretary The Manager, Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra (East), Mumbai - 400051 Dalal Street, Mumbai -400 001 Scrip Code-SIMPLEXINF Scrip code - 523838 fhe Secretary Calcutta Stock Exchange Limited 7 Lyons Range Kolkata-700001 Scrip Code - 29053 Dear Sir, Re: Monitoring Agency Report issued by Care Ratings Limited and statement of deviation or variation report for the quarter ended 30111 June 2026 1. Pursuant to Regulation 32 of the SEBI (Listing Obligations anc Disclosure Requirements) Regulations,2015 (Listing Regulations) and Regulation 162A(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR), please find enclosed the Monitoring Agency Report dated I Th August, 2026 issued by Care Ratings Limited for monitoring the utilization of proceeds from the preferential issue of Equity Shares and Convertible Warrants of the Company as Annexure-A 2. Statement on deviation or variation tor proceeds of Preferential issue in terms of Regulation 32 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015 as reviewed by the Audit Committee, enclosed here with as Annexure-B Please acknowledge receipt. Yours faithfully. For SIMPLEX INFRASTRUCTURES LIMITED B.L. BAJOR1A SR.VICE PRESIDENT & COMPANY SECRETARY Enc: as above. BRANCHES : “HEMKUNTH" 4TH FLOOR, 89. NEHRU PLACE. NEW DELHI-110 019 S : (011) 4944-4200, FAX (011) 2646-5869 • HEAVITREE COMPLEX, 1ST FLOOR, UNIT-C, NEW DOOR NO. 47, SPURTANK ROAD, CHETPET, CHENNAI-600 031 ® : (044) 4287-6129 ANNG - A ZareEdge RATINGS Monitoring Agency Report No. CARE/HO/GEN/2026-27/1136 The Board of Directors Simplex Infrastructures Limited 'Simplex House' 27, Shakespeare Sarani, Kolkata-700017 11/08/2026 Dear Sir/Ma'am, Monitoring Agency Report for the quarter ended 30/06/2026 - in relation to the preferential issue of Simplex Infrastructures Limited ("the Company") We write in our capacity of Monitoring Agency for the preferential issue of equity shares and convertible warrant for the amount aggregating to Rs.423.69 crore of the Company and refer to our duties cast under Regulation 162A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Reoort for the quarter ended 30/06/2026 as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated 02/05/2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Rishav Khaitan Assistant Director rishav.Khaitan@careedge.in CARE Ratings Limited 4th Floor. Godrej Coliseum, Somaiya Hospital Road. Off Eastern Express Highway. Sion (East). Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L6719OMH1993PLCO71691 Carefdge RATINGS Report of the Monitoring Agency Name of the issuer: Simplex Infrastructures Limited For quarter ended: 30/06/2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: NIL (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. Tie 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 there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. 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: Rishav Khaitan Assistant Director Zan=dge RATINGS 1) Issuer Details: Name of the issuer : Simplex Infrastructures Limited Name of the promoter : Mr. Rajiv Mundhra Industry/sector to which it belongs : Construction- Construction Diversified 2) Issue Details Issue Period : 26/05/2025 to 29/05/2025 Type of issue (public/rights) : Preferential Issue Type of specified securities : Equity Shares and Convertible Warrants IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 423.69 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Comments of Source of information / certifications considered Comments of the the Particulars Reply by Monitoring Agency for preparation of report Monitoring Agency Board of Directors Whether all utilization is as per the CA Certificate*, Management certificate and bank Yes Nil Nil disclosures in the Offer Document?_______ statements Whether shareholder approval has been obtained in case of material deviations# CA Certificate*, Management certificate and bank Not Applicable No deviations observed. Nil from expenditures disclosed in the Offer statements. Whether the means of finance for the No CA Certificate Nil Nil disclosed objects of the issue have changed? Is there any major deviation observed over No CA Certificate and Previous MA reports Nil Nil the earlier monitoring agency reports?_____ Whether all Government/statutory approvals In-principal approval, listing approval and trading Yes Nil Nil related to the object(s) have been obtained? approval obtained Whether all arrangements pertaining to technical assistance/collaboration are in Not applicable Not applicable Nil Nil operation? The share price has fallen below the Are there any favorable/unfavorable events warrant conversion price as per offer Yes Publicly available information Nil affecting the viability of these object(s)? document which may hinder warrant conversion. ZanEdge RATINGS Comments of Source of information / certifications considered Comments of the the Particulars Reply by Monitoring Agency for preparation of report Monitoring Agency Board of Directors Is there any other relevant information that Company is rated CARE D; INC as may materially affect the decision making of Yes Publicly available information there are on-going delays in debt Nil * Chartered Accountant certificate from Binayak Dey & Co. vide CA certificate dated Aug 06, 2026. iiWhere material deviation may be defined to mean: a) Deviation in the object [Showing first 8,000 characters — download PDF for full document]