As per the attachment.

August 12, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Scrip Code: 513269 Scrip ID: MANINDS Sub: Statement of Deviation or Variation in respect of Preferential Issue of 1219512 Convertible Warrants to Promoters and Preferential Issue of 7774383 Equity Shares to Non-Promoters for the quarter ended June 30, 2026. Dear Sir/ Madam, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Statement of Deviation(s) or Variation(s) in respect of utilization of funds raised through Preferential Issue of 1219512 Convertible Warrants to Promoters (Annexure “A”) and Preferential Issue of 7774383 Equity Shares to Non-Promoters (Annexure “B”) for the quarter ended June 30, 2026. Further, we hereby confirm that there is no deviation or variation in the utilisation of funds raised through Preferential Issue of Convertible Warrants to Promoters and Preferential Issue of Equity Shares to Non-Promoters. This is for your kind information. Thanking you, Yours faithfully, FOR MAN INDUSTRIES (INDIA) LIMITED RAHUL RAWAT COMPANY SECRETARY Encls: As above An ISO 9001:2015, 14001:2015, 45001:2018 Certified Company www.mangroup.com Industries (India) Ltd GIN NO. -L99999MH1988PLC047408 the line pipe people Annexure A Statement of Deviation I Variation in utilisation of funds raise Name of listed entity Man Industries (India) Limited Mode of Fund Raising Preferential Issue of Warrants Date of Raisin!! Funds August 2, 2025 Amount Raised Rs. 999,99,984/- Report filed for Quarter ended June 30, 2026 Monitoring Agency Not Applicable Mon:torin!!: A2ency Name, if annlicable Not Applicable Is there a Deviation I Variation in use of funds raised No If yes, whether the same is pursuant to change in terms ofa Not Applicable contract or objects, which was annroved by the shareholders If' Yes, Date of shareholder Aprnoval Not Applicable Explanation for the Deviation I Variation - Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, if anv No Objects for which funds have been raised and where there has been a deviation, in the followina table Original Modified Original Modified Funds Amount of Remarks if Object Object, if Allocation allocation, if Utilised (In Ocviationi any any (In Rs.) any Rs.) Variation for the quarter· according to applicable obicct Funding Not Not Capital - - Not Applicable r-.:o DcviatiDn Applicable Applicable Expenditures -------- Expansion of Not Not Existing - - Not Applicable No Deviation Applicable Applicable -------------1 Business General Not Rs. Not Rs. I I Corporate Not Applicable No Deviatio11 Applicable 999,99,984 Applicable 999,99,984 L___ __ I Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or ~~c,, ;.~ange ;,, ~s ora conh•4~:a~;:~ the fund-o·a;s;ng document Le. P'ospectus, lettco· ol Name of •: Sandccp Designation: Cl · f Financial Officer '· '\> Oate: August 11, 2026 Place: Mumbai Mumbai Office : MAN HOUSE, 101, S.V. Road, Opp. Pawan Hans, Vile Parle (West), Mumbai -400056. Tel: 91-22-6647 7500 ·Fax: 91-22-6647 7600 •E-mail: enquiry@maninds.org Delhi Office : 616, Ansal Chambers -II, 6, Bhikaji Cama Place, New Delhi -110066. Tel: 011 26711090 •Email: mandelhi@maninds.org Anjar Plant : Pipe & Coating Complex, Plot No. 485/2, Anjar -Mundra Highway, Village -Khedoi, Tai -Anjar, Dist -Kutch, Gujarat. : ERW Plant, Suivey No. 471/1, 471/2 & 472/001, Anjar-Mundra Highway, Village -Khedoi, Tal-Anjar, Dist -Kutch, Gujarat. Tel : +91 -02836-275751 -60 • Fax :-+91 2836-275750 • Email . mananjar@maninds.org Pithampur Plant : Pipe & Coating Complex, Plot No. 257 -B, 258-B, Sector 1, P1thampur -454775, Dist -Dhar (MP) Tel: +9~ -7292-253291 / 2538751253666 •Fax. +91-7292-253257 •Email: mansaw@maninds.org L-SAW Line Pipes I ERW Pipes I Spiral Pipes I Coating Systems An ISO 9001:2015, 14001:2015, 45001:2018 Certified Company www.mangroup.com Industries (India) Ltd CIN NO. -L99999MH1988PLC047408 the line pipe people Annexure B Statement of Deviation I Variation in utilisation of funds raise Name of listed entity Man Industries (India) Limited -~ Mode of Fund Raisin!! Prekrential Issue of EGuity Shares Date of Raisin!! Funds .lulv 28, 2025 Amount Raised Rs. 254,99,97,624/- Report filed for Quarter ended June 30, 2026 Monitoring Agency Annlicable Monitorin!! A!!cncv Name, if annlicable CRISIL Ratings Limited ls there a Deviation I 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 a~provcd by the shareholders Not Ap12licablc ·- If Yes, Date of shareholder Approval Not Aoolicable Explanation for the Deviation I Variation Not A1212licable Comments of the Audit Committee after review No Comments ~ Comments of the auditors, if~· No Ob.ects for which funds have been raised and where there has been a deviation, in the following table Original Modified ~Odginal Modified Funds Amount of I Re Obj eel Object, if Allocation (In allocation, if Utilised Deviation/V ariat I marks if any Rs.) any (In Rs.) ion for the any quarlcr according t 0 applicable I ~1eelim~ obicct ~--· Not Not Not Applica blc I No I Worki1;g Applicable· Applicable 1,039,926, 195 Deviation I I 03,99,99,046 I C·1~ital em ent s ----------I- -----·- -- --··- - ··· j ' Expansion of Not Not Nol Applica ble No the existing Applicable Applicable Deviation 129,99,98,808 1,287,556,390 J business of the Company - ---+--·----- General Not Not Nol Applica ble No LCorporate Applicable 20,99,99,770 Applicable 20,99,99,770 Deviation Purpose Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in termAof a contract referred to in the fund-raising document i.e. prospectus, lcttl·r of olfoc, etc ,/ \ Name or/~; (., .S andcepK u..fff~:)f} •inancial Officer \\ Date: August 11, 2026 Place: Mumbai Mumbai Office : MAN HOUSE, 101, S.V. Road, Opp. Pawan Hans, Vile Pane (West). Mumbai -400056. Tel : 91-22~7 7500 •Fax: 91-22~7 7600 ·E-mail: enquiry@maninds.org Delhi Office : 616, Ansal Chambers -II, 6, Bhikaji Cama Place, New Delhi -110066. Tel: 011 26711090 •Email: mandelhi@maninds.org Anjar Plant · : Pipe & Coating Complex. Plot No. 48512, Anjar. Mundra Highway, Village -Khedoi. Tai · Anjar. Dist -Kutch, Gujarat. : ERW Plant, Survey No. 471/1, 471/2 & 472/001, Anjar -Mundra Highway, Village· Khedoi, Tai -Anjar, Dist -Kutch, Gujarat. Tel: +91 -02836-275751 -60 •Fax:-+91 2836-275750 •Email: mananjar@maninds.org Pithampur Plant : Pipe & Coating Complex, Plot No. 257 . B. 258 -B, Sector 1, Pithampur • 454775 . Dist· Dhar (M.P) Tel: +91 -7292·25329112538751253666 •Fax. +91-7292-253257 •Email: mansaw@maninds.org .L-SAW Line Pipes 1 ERW Pipes 1 Spiral Pipes 1 Coating Systems