General Updates

WISAChrome August 12, 2026 BSE Limited National Stock Exchange of India Limited 25 Floor P J Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street, Bandra — Kurla Complex, Bandra (E) Mumbai 400 001 Mumbai 400 051 BSE SCRIP CODE: 532721 NSE SYMBOL: VISACHROME Dear Sir, Sub: Monitoring Agency Report(s) for the quarter ended June 30, 2026 Ref: Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Requlations, 2015 Pursuant to Regulation 32(6) of the Listing Regulations, we are enclosing herewith the Monitoring Agency Report(s) dated August 12, 2026 for the quarter ended June 30, 2026, in relation to the Preferential Issue of Warrants of the Company has been received from CARE Ratings Limited, the Monitoring Agency. The Copy of the Monitoring Agency Report(s) of the Company for the quarter ended June 30, 2026, is enclosed and marked as Annexure — ‘A’. This is for your information and record please. For VISA Chrome Limited (formerly known as VISA Steel Limited) AMISHA Digially signed by AMISHA CHATURVED! CHATURVEDI xrianna Date: 20260812 182925 KHANNA +0530° Amisha Chaturvedi Khanna Company Secretary & Compliance Officer VISA Chrome Limited (Formerly known as VISA Steel Limited) (CIN:L511090R1996PLC004601) Registered Office: VISA House, 11 Ekamra Kanan, Nayapalli, Bhubaneswar 751015, Odisha, India Plant Office: Kalinganagar Industrial Complex, At/Post: Jakhapura 755026, District: Jajpur, Odisha, India Tel: +91 674 350 2392 Email: cs@visachrome.com Website: www.visachrome.com Care=: RATINGS No. CARE/KRO/GEN/2026-27/1065 The Board of Directors VISA Chrome Limited (Formerly known as VISA Steel Limited) 11 Ekamra Kanan, Nayapalli, Bhubaneswar — 751 015, Odisha August 12, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of VISA Chrome Limited (Formerly known as VISA Steel Limited) (“the Company”) We write in our capacity of Monitoring Agency for the Preferential Issue for the amount aggregating to Rs. 200 crore of the Company and refer to our duties cast under Regulation 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 October 29, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, icha Bagaria Associate Director Richa.jain@careedge.in CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 4th Floor, Godrej Coliseum, Somaiya Hospital 15 Park Street, Kolkata - 700016 Road, Off Eastern Express Highway, Sion (East), Phone: +91-33-4018 1600/2283 1803 Mumbai - 400 022 Phone: +91-22-6754 3456 + www.careedge.in CIN-L67190MH1993PLCO71691 Report of the Monitoring Agency Name of the issuer: VISA Chrome Limited (Formerly known as VISA Steel 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: NA 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: Richa Bagaria Designation of Authorized person/Signing Authority: Associate Director CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 4th Floor, Godrej Coliseum, Somaiya Hospital 15 Park Street, Kolkata - 700016 Road, Off Eastern Express Highway, Sion (East), Phone: +91-33-4018 1600/2283 1803 Mumbai - 400 022 Phone: +91-22-6754 3456 + www.careedge.in CIN-L67190MH1993PLCO71691 1) Issuer Details: Name of the issuer : VISA Chrome Limited (Formerly known as VISA Steel Limited) Name of the promoter : VISA Infra Limited (Formerly known as VISA Infrastructure Limited) and VISA Industries Limited Industry/sector to which it belongs :Iron & Steel 2) Issue Details Issue Period : November 02, 2025 Type of issue (public/rights) : Preferential Share Warrant Issue Type of specified securities : Equity Warrants IPO Grading, if any : Not applicable Issue size (in crore) :Rs. 200 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of the q q R Comments of the Particulars Reply considered by Monitoring Agency for P Board of . Monitoring Agency . preparation of report Directors Whether all utilization is as per the disclosures in the Yes Chartered Accountant Certificate*, | Issue proceeds were utilized for No Comments Offer Document? Management Confirmation and EOGM Notice repayment of debt of ACRE Whether shareholder approval has been obtained in case There is no deviation from No Comments Chartered Accountant Certificate*, of material deviations# from expenditures disclosed in the Not Applicable expenditures disclosed in the offer Management Confirmation and EOGM Notice Offer Document? document. Whethethre means of finance for the disclosed objects of Chartered Accountant Certificate*, No Comments No Nil theissue have changed? Management Confirmation and EOGM Notice Is there any major deviation observed over the earlier No Comments No Report dated May 25, 2026 Nil monitoring agency reports? Whether all Government/statutory approvals related to Not Applicable Chartered Accountant Certificate*, | No government/statutory approvals No Comments the object(s) have been obtained? PP Management Confirmation are required w.r.t objects of the issue. Whether all arrangements pertaining to technical " Chartered Accountant Certificate*, " No Comments . . . . Not Applicable . Nil assistance/collaboration are in operation? Management Confirmation CARE Ratings Limited y 4 Unit No. A/7/4, 7th Floor Block A, Apeejay House, 4th Floor, Godirej Coliseum, Somaiya Hospital Road, 15 Park Street, Kolkata - 700016 Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-33-4018 1600/2283 1803 - 400 022 Phon [Showing first 8,000 characters — download PDF for full document]