Monitoring Report issued by the Monitoring Agency for the Quarter ended 30th June 2026 in connection with utilization of funds raised through issuance of Compulsorily Convertible Debentures ....

CIN : L26942TG1979PLC002500 REGD OFFICE : 6-3-666/B, "DECCAN CHAMBERS", SOMAJIGUDA, DECCAN CEMENTS LIMITED HYDERABAD -500 082. PHONE : +91 (40) 23310168, 23310552, +91 (40) 23310561, 23310599 FAX :+91 (40)23318366 E-MAIL : info@deccancements.com WEBSITE : www.deccancements.com DCL: SECY: 2026 Date: 12.08.2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 502137 Trading Symbol: DECCANCE Sub: Report of Monitoring Agency under Regulation 162A of the SEBI (ICDR) Regulations, 2018 and Regulation 32 of the SEBI (LODR) Regulations, 2015. Ref: ISIN- INE583C08018 (Compulsorily Convertible Debentures) Dear Sir/Madam, Pursuant to Regulation 162A of the SEBI (ICDR) Regulations, 2018 and Regulation 32 of the SEBI (LODR) Regulations, 2015, please find enclosed Monitoring Agency Report in respect of the utilization of proceeds of Private Placement/Preferential Issue of Compulsorily Convertible Debentures (CCDs) for the quarter ended 30th June 2026 issued by CARE Ratings Limited, the Monitoring Agency. Thank you, With regards, For Deccan Cements Limited Bikram Keshari Prusty Company Secretary (FCS-7855) ~ 5'/STE,1,t C .;i-"''<'" <",?~ if i <( --- 0 Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) ISO 9001=1SO 14001 Phones: (08683)229503,229504,229505, 229507, Fax: (08683)229502 ISO 45001 No. CARE/NRO/GEN/2026-27/1102 The Board of Directors Deccan Cements Limited Deccan Chambers, 6-3-666/B Somajiguda Hyderabad Telangana 500082 August 12, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of Deccan Cements Limited (“the Company”) We write in our capacity of Monitoring Agency for the Preferential issue for the amount aggregating to Rs. 102.99 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 June 23, 2026. Request you to kindly take the same on records. Thanking you, Yours faithfully, Mr. Sahil Goyal Associate Director sahil.goyal@careedge.in Report of the Monitoring Agency Name of the issuer: Deccan Cements Ltd 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: Sahil Goyal Designation of Authorized person/Signing Authority: Associate Director 1) Issuer Details: Name of the issuer : Deccan Cements Ltd Name of the promoter : Ms. P. Parvathi Industry/sector to which it belongs : Cement & Cement Products 2) Issue Details Issue Period : June 25, 2026 Type of issue (public/rights) : Preferential issue Type of specified securities : Compulsory Convertible debentures IPO Grading, if any : Not Applicable Issue size (in crore) : Rs. 102.99 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors During Q1FY27, the company No comments CA certificate*, Management has utilized the proceeds received Whether all utilization is as per the disclosures in the Yes Certificate, Bank statements, towards repayment of Offer Document? Offer Document borrowing in line with offer document. Whether shareholder approval has been obtained in case No comments of material deviations# from expenditures disclosed in the Not Applicable Not Applicable Not Applicable received Offer Document? Whether the means of finance for the disclosed objects of Bank statements, Offer No comments No Nil the issue have changed? Document received Is there any major deviation observed over the earlier Bank statements, Offer Not Applicable. This is the first No comments monitoring agency reports? Document Monitoring agency report. received Whether all Government/statutory approvals related to No comments Not Applicable Not Applicable Nil the object(s) have been obtained? received Whether all arrangements pertaining to technical No comments Not Applicable Not Applicable Nil assistance/collaboration are in operation? received Are there any favorable/unfavorable events affecting the No comments No Management Certificate Nil viability of these object(s)? received Is there any other relevant information that may materially No Management Certificate Nil No comments Source of information / Comments of certifications considered by Comments of the the Particulars Reply Monitoring Agency for Monitoring Agency Board of preparation of report Directors affect the decision making of the investors? received * CA certificate dated July 24, 2026 from M.Anandam & Co. #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 / Comments of the Board of Directors Original cost Comments certifications Revised Particulars of Sr. Item (as per the Offer of the Reason for Proposed considered by Cost -firm No Head Document) in Rs. Monitoring cost financing Monitoring Agency for in Rs. Crore arrangements Crore Agency revision option preparation of report made Repayment of secured CA certificate*, term loans availed from 1 Management Certificate 102.99 NA NA NA NA NA [Showing first 8,000 characters — download PDF for full document]