Please find enclosed Letter

Automobile Products of India Limited August 12, 2026 BSE Limited Listing Operation Department, 20th Floor, P.J. Towers, Dalal Street, Mumbai – 400 001 Maharashtra, India BSE Code: 505032 Dear Sir/ Madam, Subject: Monitoring Agency Report for the quarter ended June 30, 2026 Reference: Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 32(6) of the SEBI Listing Regulations read with Regulation 41(4) of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended June 30, 2026 issued by Infomerics Valuation and Rating Limited, Monitoring Agency, appointed for monitoring the utilization of proceeds of the Rights Issue of the Company. This report is also being uploaded on the Company's website at https://www.apimumbai.com/investor-relations. We request you to take the above on record. Thanking You, Yours faithfully, For Automobile Products of India Limited Ankit Patel Company Secretary & Compliance Officer Encl: As above Encl: as above CIN No.: L34103MH1949PLC326977 Regd. Off.: Unit No. F-1, 1st Floor, Shanti Nagar Co-operative Industrial Estate Ltd, Vakola, Santacruz (East), Mumbai - 400 055. Tel.: +91-22-2665 4802 Website: www.apimumbai.com Email: cs1@apimumbai.com Monitoring Agency Report for Automobile Products of India Limited for the quarter ended June 30, 2026 Monitoring Agency Report August 12, 2026 Automobile Products of India Limited Unit No. F-1, 1st Floor, Shanti Nagar Co-Operative Industrial Estate Limited, Vakola, Santacruz (East), Mumbai City, Mumbai, Maharashtra, India, 400055 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Right issue of Automobile Products of India Limited We write in our capacity as the Monitoring Agency for the Rights Issue of Equity Shares aggregating to Rs. 14.00 lakh (Rs. 0.14 crore) of Automobile Products of India Limited and refer to our duties cast under Regulation 162A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations). In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, in accordance with the aforesaid SEBI Regulations and the Monitoring Agency Agreement executed between the Company and the Monitoring Agency. Request you to kindly take the same on records. Thanking you, For and on behalf of Infomerics Valuation and Rating Limited GAURAV NAVEEN Digitally signed by GAURAV NAVEEN JAIN JAIN Date: 2026.08.12 20:23:03 +05'30' Gaurav Jain (Director - Ratings) gaurav.jain@infomerics.com Report of the Monitoring Agency Name of the Issuer: Automobile Products of India Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Infomerics Valuation and Rating Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Nil Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects. For example, up to 10%, 10 – 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * Range of Deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. 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 declare that we do not have any direct / indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship / interest while monitoring and reporting the utilization of issue proceeds by the issuer. We further declare that this report provides true and fair view of the utilization of issue proceeds. GAURAV Digitally signed by GAURAV NAVEEN JAIN NAVEEN JAIN Date: 2026.08.12 20:23:32 +05'30' Signature: Name of the Authorized Person/Signing Authority: Gaurav Jain Designation of Authorized person/Signing Authority: Director - Ratings Seal of the Monitoring Agency: Date: August 12, 2026 1) Issuer Details: Name of the issuer: Automobile Products of India Limited Names of the promoters of the issuer: Kiyana Real Estate Private Limited Industry/sector to which it belongs: Automobile Products of India Limited is engaged in the business of manufacturing, assembling, buying, selling, importing and exporting automobiles, automotive components, spare parts, accessories and allied products. The Company also deals in motor vehicles, engines, machinery, tools and equipment related to the automobile industry. 2) Issue Details: Issue Period: April 15, 2026 – April 24, 2026. Type of issue (public/rights): Rights Issue Type of specified securities: Equity shares Grading: Not Applicable Issue size (Rs in Crores): Rs. 0.14 crore (Note No. 1) Note 1 Rights Issue of up to 14,00,000 fully paid-up Equity Shares of face value of Re. 1 each at an Issue Price of Re. 1 per Equity Share for an amount aggregating up to Rs. 14,00,000 (Rs. 0.14 crore) on a rights issue basis to the eligible public shareholders of Automobile Products of India Limited in the ratio of 19 Rights Equity Shares for every 10 fully paid-up Equity Shares held by such eligible shareholders as on the Record Date, i.e., April 09, 2026. Particulars Remarks Amount (in Rs. crore) Approved by Board Total equity shares to be issued 13,99,415 0.13994* Details of expenses to be incurred - 0.112 Net Proceeds to be received 0.028 Current Status Total equity shares issued 13,99,415 0.13994 Gross Proceeds received - 0.13994 *Assuming full subscription in the Issue. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / Comments of certifications considered by Comments of Board of Particulars Reply Monitoring Monitoring Agency for Directors Agency preparation of report Bank Statements, Invoices, Whether all the utilization is as per Yes, the utilization has been Letter of Offer*, Management disclosure in Offer made as per Offer Declaration^, CA Certificate on Refer Note 1 No Comments Document? Document. Utilisation of Right Issue Proceeds Whether Shareholder approval is There are no deviations from obtained in case of material deviations the expenditures disclosed in Not applicable Not applicable No Comments from expenditures disclosed in Offer the Offer Document. Hence Document? no approval is required. There is no change in the Whether means of finance for disclosed means of finance for Letter of Offer No No Comments objects of the Issue has changed? disclosed objects Any major deviation observed over the No Not applicable No No Comments earlier monitoring a [Showing first 8,000 characters — download PDF for full document]