Monitoring Agency Report

QUADRANT FUTURE TEK LIMITED Registered Office: Village Basma, (on Basma-Jhajjon Road), Tehsil Banur, Distt. Mohali, Punjab (India) -140417 Corporate Office: SCO No. 20-21, Sector 66-A, Airport Road, JLPL, Mohali, Punjab - 160062 CIN: L74999PB2015PLC039758, E-mail: info@quadrantfuturetek.com Tel.: 0172-4020228 Date: August 12, 2026 Ref: Quadrant/SE/2026-27/20 To To National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400001 NSE Scrip Symbol: QUADFUTURE Scrip Code: 544336 Subject: Monitoring Agency Report issued by CARE Ratings Limited for the utilization of funds raised through Initial Public Offer for quarter ended June 30, 2026. Respected Sir/ Madam, Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we have enclosed herewith the Monitoring Agency Report issued by the CARE Ratings Limited, Monitoring Agency, appointed by the Company for monitoring the utilization of funds raised through Initial Public Offer (IPO) for the quarter ended June 30, 2026. The report will also be available on the website of the Company at www.quadrantfuturetek.com. You are requested to take the same on record. Thanking You, Yours Faithfully, For Quadrant Future Tek Limited Puneet Khurana Company Secretary & Compliance Officer M. No. A43395 Encl.: As above No. CARE/NRO/GEN/2026-27/1097 The Board of Directors Quadrant Future Tek Limited Village Basma Tehsil Banur, Distt Mohali - 140 417, Punjab, India August 12, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (IPO) of Quadrant Future Tek Limited (“the Company”) We write in our capacity of Monitoring Agency for the Initial Public Offer (IPO) for the amount aggregating to Rs.290.00 crore of the Company and refer to our duties cast under 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated November 28, 2024. Request you to kindly take the same on records. Thanking you, Yours faithfully, Akanksha Dutta Assistant Director akanksha.dutta@careedge.in CARE Ratings Limited 9th Floor, C-001/A2, Berger Towers, Sector-16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Gautam Budh Nagar, Uttar Pradesh – 201 301 Road, Off Eastern Express Highway, Sion Phone: +91-120-445 2000 (East), Mumbai - 400 022 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC071691 Report of the Monitoring Agency Name of the issuer: Quadrant Future Tek Limited For quarter ended: June 30, 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. 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 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: Name and designation of the Authorized Signatory: Akanksha Dutta Designation of Authorized person/Signing Authority: Assistant Director CARE Ratings Limited 9th Floor, C-001/A2, Berger Towers, Sector-16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Gautam Budh Nagar, Uttar Pradesh – 201 301 Road, Off Eastern Express Highway, Sion Phone: +91-120-445 2000 (East), Mumbai - 400 022 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC071691 1) Issuer Details: Name of the issuer : Quadrant Future Tek Limited Name of the promoter : Mr. Mohit Vohra Industry/sector to which it belongs : Electrical Equipment – Other Electrical Equipment 2) Issue Details Issue Period : January 07, 2025 to January 09, 2025 (Allotment date – January 10, 2025) Type of issue (public/rights) : Initial Public Offer (IPO) Type of specified securities : Equity share IPO Grading, if any : Not Applicable Issue size (in crore) : Rs. 290.00 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of the Comments of the Particulars Reply considered by Monitoring Agency Board of Directors Monitoring Agency for preparation of report CA Certificate*, All proceeds from the public issue have been utilized Whether all utilization is as per the Management Certificate, as per the objectives mentioned in the offer Yes No comments from board. disclosures in the Offer Document? Bank Statements, Board document, as supported by management and CA Resolutions certificate. Whether shareholder approval has No comments from board. been obtained in case of material No material Management Certificate Not applicable deviations# from expenditures deviation disclosed in the Offer Document? Whether the means of finance for No comments from board. the disclosed objects of the issue No Management Certificate Not applicable have changed? CARE Ratings Limited 9th Floor, C-001/A2, Berger Towers, Sector-16B, 4th Floor, Godrej Coliseum, Somaiya Hospital Noida, Gautam Budh Nagar, Uttar Pradesh – 201 301 Road, Off Eastern Express Highway, Sion (East), Phone: +91-120-445 2000 Mumbai - 400 022 Phone: +91-22-6754 3456 Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC071691 Source of information / certifications Comments of the Comments of the Particulars Reply considered by Monitoring Agency Board of Directors Monitoring Agency for preparation of report Management certificate, Is there any major deviation Chartered Accountant observed over the earlier monitoring No certificate*, Bank Not Applicable No comments from board. agency reports? statements, BSE / NSE website “The Company has obtained all Statutory and Regulatory approvals required for undertaking its As per the management certificate, the company has stated objects.” o [Showing first 8,000 characters — download PDF for full document]