Monitoring Agency Report for the Quarter Ended June FY 27

August 12, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543664 Scrip Symbol: KAYNES Dear Sir/Madam, Subject: Monitoring Agency Report for the quarter ended June 30, 2026. Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed herewith Monitoring Agency Reports in respect of utilization of proceeds of the following issues for the quarter ended June 30, 2026. Sl. No Particulars Date of allotment Monitoring Agency 1 Qualified Institutional Placement 21 December 2023 ICRA Limited 2 Qualified Institutional Placement 24 June 2025 CRISIL Ratings Limited The above information will also be available on the website of the Company at www.kaynestechnology.co.in Kindly take the above information on record and acknowledge it. Thanking You Yours faithfully, For Kaynes Technology India Limited Sudhasri Addepalli Company Secretary and Compliance Officer ICSI Membership No. ACS 79832 Enclosed: • Monitoring Agency Reports with respect to QIPs. KAYNES TECHNOLOGY INDIA LIMITED CIN: L29128KA2008PLC045825 Website: www.kaynestechnology.co.in email ID: kaynestechcs@kaynestechnology.net H.O & Registered office Address: 23-25, Belagola, Food Industrial Estate, Metagalli PO, Mysore 570016, Karnataka, India Telephone No: +91 8212582595 Date: August 11, 2026 Mr. Jairam Paravastu Sampath Chief Financial Officer and Whole-Time Director Kaynes Technology India Limited #23-25, Belagola food Industrial Area Metagali P.O Mysore -570016, India Dear Sir, Re: Final Monitoring Agency report of Kaynes Technology India Limited for Q1 FY2027 Please refer to our letter/email dated February 06, 2026 disseminating the final Monitoring Agency report as per SEBI (Issue of Capital and Disclosure Requirements) Regulations for Q1 FY2027. Please note name of the addressee in the previously sent letter have been revised. The updated version is enclosed herewith for your reference and supersedes our earlier communication letter. We thank you for your kind cooperation extended during the course of Q1 FY2027. Should you require any clarification, please do not hesitate to get in touch with us. We look forward to your communication and assure you of our best services. With kind regards For ICRA Limited Parul Goyal Narang Vice President & Head- Process Excellence parul.goyal@icraindia.com ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-4545300 CIN: L74999DL1991PLC042749 Sensitivity Label : Restricted June 2026 MONITORING AGENCY REPORT Name of the Issuer: Kaynes Technology India Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency (MA): ICRA Limited (a) Deviation from the objects of the issue: No material deviation - The utilization of the issuance proceeds is in line with the objects of the issue. (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 we do not perceive any conflict of interest in such relationship/ interest while monitoring and reporting the utilization of the issue proceeds by the issuer. 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: Parul Goyal Narang Vice President & Head-Process Excellence Analyst: Adrita Sadhukhan Quality Analyst: Parul Goyal Narang Sensitivity Label : Public June 2026 1. Issuer Details Name of the Issuer: Kaynes Technology India Limited Name(s) of the promoters: Promoters Ramesh Kunhikannan Savitha Ramesh RK Family Trust represented by Ramesh Kunhikannan Source: BSE Industry/ sector to which it belongs: - Electrical Equipment (Others) 2. Issue Details Issue Period: Opening date- December 18, 2023 Closing date- December 21, 2023 Type of Issue: QIP Issue Type of specified securities: Equity shares IPO Grading, if any: Not Applicable Issue Size (Rs. Crore): INR 1400.000 Crore (5,775,577 equity shares 2424 each) With OFS portion: Not applicable Excluding OFS portion: Not applicable. Net proceeds as per placement document: INR 1379.079* Crore *Actual Net Proceeds stood at INR 1374.000 Crore, as issue related expenses stood higher than estimated, by INR 5.079 Crore. Sensitivity Label : Public June 2026 3. Details of the arrangement made to ensure the monitoring of issue proceeds. Source of information, Comments of certifications considered Comments of the Monitoring the Issuer’s Particulars Reply by the Monitoring Agency Board of Agency for the Directors preparation of report -Statutory Auditor certificate The utilization under General Corporate purpose is expected Whether all utilization is as per -Confirmation from to be lower by INR 5.079 Crore the disclosures in the Offer Yes management - due to lower net proceeds as Document? -Bank statement of the actual issue related expenses escrow account/Proceed has been higher than estimated. Account Whether shareholder approval has been obtained in case of Not As confirmed by the material deviations# from No comments - Applicable Issuer’s management expenditures disclosed in the Offer Document? Whether the means of finance As confirmed by the for the disclosed objects of the No Issuer’s management No comments - issue has changed? Is there any major deviation observed over the earlier No No deviation observed. No comments - monitoring agency reports? Whether all Government/ statutory approvals related to Not As confirmed by the No comments - the object(s) have been Applicable Issuer’s management obtained? Whether all arrangements pertaining to technical Not As confirmed by the No comments - assistance/ collaboration are in Applicable Issuer’s management operation? Are there any favorable events As understood from the Issuer’s improving the viability of these No As confirmed by the - management object(s)? Issuer’s management Are there any unfavorable As understood from the Issuer’s e [Showing first 8,000 characters — download PDF for full document]