Statement of deviation(s) or variation(s) under Reg. 32

Ref: PRL/BSE&NSE/2026-2027/29. Wednesday, August 12, 2026 To, To, Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Dalal Street, Fort, Kurla Complex, Bandra (East), Mumbai 400 001. Mumbai - 400 051. Scrip Code: 544487 Symbol: PATELRMART Subject: Statement of Deviation for the Quarter ended on June 30, 2026. Respected Sir/Madam, Pursuant to Regulation 32 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”) for the statement of deviation certificate for the Quarter ended on June 30, 2026. This submission also will also be disseminated on the company website https://patelrpl.in/investor-relations/ We request you to kindly take the same on record. Yours Sincerely, For Patel Retail Limited Prasad Ramesh Khopkar (Company Secretary) Enclosure: Statement of Deviation certificate for the Quarter ended on June 30, 2026. Page 1 of 1 Annexure "A" Statement on deviation / variation in utilisation of funds raised Name of listed entity Patel Retail Limited Mode of Fund Raising Public Issues / / referential issues / QR / Others (IPO) August 22,2025, (Pre-IPO) November 27, 2024 (Being basis of allotment) Date of Raising Funds 189.21 Crore (As disclosed in the Prospectus/Offer Document, the estimated net proceeds from the issue were 190.47 Crore, excluding issue-related expenses. However, the actual net proceeds amounted to 189.21Crore, Os the issue-related expenses incurred exceeded the estimated amount by 1,2686 Crore]", Further, 15 Crore was raised through Pre-PO Placement/Private PIocement OS disclosed In the Prospectus." (Aggregate of net proceeds from public issue and privote Amount Raised l placement amounts to 204.21 Crore ( 189.21 + 15), Report filed for Quarter ended Tuesdav, June 30,2026 Monitorina Agency Applicable / Monitoring Agency Name, if applicable ICRA Limited ls 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 shareholders NA If Yes, Date of shareholder Apnoroval NA Explanation for the Deviation / Variation NA comments of the Auditor Committee, after review if any NA comments of the auditors, if any None Objects for which funds have been raised and where there has been a deviation, in the following table Amount of Original Deviation/V ariatio Modified Allocation Modified Funds utilised n for the quarter Object, (In Rs in allocation (In Rs in 191.26 according to Oriainal Obiect If anv 204.21 Crore) , If any Crore) applicable obiect Remarks if anv Repayment/ NII Rs.59.00 Nil Rs.59.00 NII NA prepayment, in full or part of certain borrowings availed bv our Comoanv Funding of working NII Rs.115.00 NII Rs. 115.00 Nil NA Capital requirements of the Company Nil Rs.30.21 NII Rs.17.26 NII NA General Corporate purpose Deviation or variation could mean: (al Deviation in the obiects or purposes for which the funds have been raised or (bl Deviation in the amount of funds actually utilized as aaainst what was oriainaily disclosed or (c) Chanae in terms of a contract referred to in the fund-raisina document i.e. prospectus, letter of offer, etc. . For Patel Retail Limited Hitesh Bhishamlal Sawlani