Statement of Deviation & Variation for the quarter ended June 30, 2026

TOLINS TYRES LIMITED (formerly known as Tolins Tyres Private Limited) Safer- Stronger - Lives Longer Date: August 12, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jee Jee Bhoy Tower Exchange Plaza, Dalal Street, Fort Bandra Kural Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544254 Symbol: TOLINS Sub: Statement of Deviation or Variation in the use of proceeds of Initial Public Offer (IPO) Dear Sir/Ma’am, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015 read with SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) from the objects stated in the Prospectus dated September 11, 2024 for the quarter ended June 30, 2026. A Statement of Deviation or Variation duly reviewed and approved by the Audit Committee dated August 12, 2026, is attached herewith. You are requested to kindly take the aforesaid on your record. Thanking You, For Tolins Tyres Limited Umesh M (Company Secretary & Compliance Officer) Membership. No.: A72122 Registered Office: 1/47, MC Road, Kalady, Kerala, India – 683 574 Phone: +91 484 246 22 22 Toll Free: 1800 123 21 22 Email: info@tolins.com Website: www.tolinstyres.com ISO 9001:2015 & IATF 16949:2016 Certified Company CIN: L25119KL2003PLC016289 TOLINS TYRES LIMITED (formerly known as Tolins Tyres Private Limited) Safer- Stronger - Lives Longer STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH INITIAL PUBLIC OFFER (IPO): Name of Listed Entity Tolins Tyres Limited Mode of Fund Raising Public Issue i.e. Initial Public Offer (IPO) Date of Raising Funds September 16, 2024 Amount (in Particulars crores) Issue Size 200.00 Amount Raised Expenses incurred related to IPO 16.20 issue Net Proceeds available for 183.80 utilization Report filed for Quarter Ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Brickwork Ratings India Private Limited If there is Deviation/Variation in use of funds raised No If yes whether the same is pursuant to change in terms of Not Applicable contract or objects, which was approved by Shareholders If yes, Date of Shareholders Approval Not Applicable Explanation of Deviation/Variation Not Applicable Comment of Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised in the IPO and details of deviation, if any, in the following table: Modified Amount of Original Funds Modified Allocation, Deviation/Variation Allocation Utilised Remarks, Original Object Object, if if any for Quarter (Rs. in (Rs. in if any any (Rs. in according to crores) crores) crores) applicable object Repayment and / or prepayment, in full, No deviation/variation of certain Not No Modified in utilization of funds No 69.97 72.44 outstanding loans Applicable Allocation raised through Initial Comments (including Public Offer (IPO) foreclosure charges, Registered Office: 1/47, MC Road, Kalady, Kerala, India – 683 574 Phone: +91 484 246 22 22 Toll Free: 1800 123 21 22 Email: info@tolins.com Website: www.tolinstyres.com ISO 9001:2015 & IATF 16949:2016 Certified Company CIN: L25119KL2003PLC016289 TOLINS TYRES LIMITED (formerly known as Tolins Tyres Private Limited) Safer- Stronger - Lives Longer if any) availed by our Company. Augmentation of long-term working Not No Modified 75.00 75.08 capital requirements Applicable Allocation of our Company Investment in our wholly owned subsidiary, Tolin Rubbers Private Limited to repay and/ or prepay, in full, Not No Modified 23.15 23.15 certain of its short Applicable Allocation term and long-term borrowings and augmentation of its working capital requirements General Corporate Not No Modified 15.68 18.46 Purposes Applicable Allocation Not No Modified Issue expenses 16.20 14.08 Applicable Allocation TOTAL 200 *203.21 *3.21 crores has been utilized from the interest income earned on fixed deposits 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 terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. Thanking you, For Tolins Tyres Limited (Formerly known as Tolins Tyres Private Limited) Umesh M Company Secretary & Compliance Officer Mem No.: A72122 Registered Office: 1/47, MC Road, Kalady, Kerala, India – 683 574 Phone: +91 484 246 22 22 Toll Free: 1800 123 21 22 Email: info@tolins.com Website: www.tolinstyres.com ISO 9001:2015 & IATF 16949:2016 Certified Company CIN: L25119KL2003PLC016289