Report of Monitoring Agency with respect to utilization of proceeds of the preferential issue for the quarter ended 30 June 2026

To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationship Department, ‘Exchange Plaza’, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001 Date:12 August 2026 Sub: Report of the Monitoring Agency with respect to utilization of proceeds of the preferential issue for the quarter ended 30 June 2026. ISIN: Equity: INE094I01018. Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code - Equity: 9624 and 532924 Dear Sir/Madam, Pursuant to Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018 and Regulation 32 (6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we are enclosing herewith the Monitoring Agency Report with respect to utilization of proceeds of preferential issue of the Company for the quarter ended 30 June 2026 issued by CARE Ratings Limited, Monitoring Agency. We would request you to please take the same in your records. Thanking you, For Kolte-Patil Developers Limited Vinod Patil Company Secretary and Compliance Officer Membership No. A13258 Encl: As above KOLTE-PATIL DEVELOPERS LTD. CIN : L45200PN1991PLC129428 Pune Regd. Office: 8th Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune - 411001, Maharashtra, India. Tel.: + 91 20 6742 9200 / 6742 9201 Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India. Tel.: 080- 4662 4444 / 2224 3135/ 2224 2803 Web.: www.koltepatil.com Email id: info.kpdl@koltepatil.com M onitoring Agency Report No. CARE/PRO/GEN/2026-27/1059 The Board of Directors Kolte Patil Developers Limited 8th floor, City Bay, Dhole Patil Road, Pune – 411001, India August 12, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of Equity Shares of Kolte Patil Developers Limited (“the Company”) We write in our capacity of Monitoring Agency for the Preferential Issue for the amount aggregating to Rs. 417.03 crores of the Company and refer to our duties cast under 162A 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 June 09, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Sayani Mukherjee Associate Director Sayani.mukherjee@careedge.in Report of the Monitoring Agency Name of the issuer: Kolte Patil Developers 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: Sayani Mukherjee Designation of Authorized person/Signing Authority: Associate Director 1) Issuer Details: Name of the issuer : Kolte Patil Developers Limited Name of the promoter : BREP Asia III India Holding Co. VII Pte Ltd, Rajesh Anirudha Patil, Harshavardhan Naresh Patil, Milind Digambar Kolte, Sunita Milind Kolte, Yashvardhan Rajesh Patil, Vandana Naresh Patil, Sunita Rajesh Patil, Priyanjali Naresh Patil, and Ankita Rajesh Patil Industry/sector to which it belongs : Realty 2) Issue Details Issue Period : June 23, 2025 Type of issue (public/rights) : Preferential Issue Type of specified securities : Equity Shares IPO Grading, if any : Not Applicable Issue size (in crore) : Rs. 417.03 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 for Monitoring Agency Board of Directors preparation of report CA Certificate*, Management Funds utilized during the Whether all utilization is as per the disclosures in the Offer Certificate, Bank Statements, Mutual quarter were in accordance Yes No comments received Document? fund statements, Relevant invoices, Tax with the disclosures in the Challans. offer document. Whether shareholder approval has been obtained in case of material Not Applicable Management Certificate Not applicable No comments received deviations from expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No Management Certificate None No comments received have changed? No deviation observed over Is there any major deviation observed over the earlier monitoring No Previous monitoring agency report previous monitoring agency No comments received agency reports? report Whether all Government/statutory approvals related to the object(s) Not Applicable Management Certificate Not Applicable No comments received have been obtained? Whether all arrangements pertaining to technical Not Applicable Management Certificate Not Applicable No comments received assistance/collaboration are in operation? Are there any favorable/unfavorable events affecting the viability of No Management Certificate Not Applicable No comments received these object(s)? Is there any other relevant information that may materially affect the No Management Certificate Not Applicable No comments received decision making of the investors? * The details are verified by M/s. S P C M & Associates (Peer reviewed Chartered Accountant Firm) vide its CA certificate dated August 03, 2026. #Where material deviation may be defined to mean: a) Deviation in the objects or purposes for which the funds have been raised b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer documents. 4) Details of objects to be monitored: (i) Cost of objects – Source of information Original cost Comments of the Bo [Showing first 8,000 characters — download PDF for full document]