Statement of deviation(s) or variation(s) under Reg. 32

PENNAR INDUSTRIES Date : 12.08.2026 Place: Hyderabad BSE Limited The National Stock Exchange of India Limited Phiroze Jeeyjeebhoy Towers, Dalal Street, BandrakKurla Complex, Bandra East Fort Mumbai - 400 001 Mumbai - 400 051 Dear Sir/Madam, Sub: Statement of deviations or variations under Regulation 32 of SEBI (LODR) Regulations, 2015 BSE Scrip code: 513228 / NSE Symbol: PENIND Dear Sir/Madam, In terms of the Regulation 32(1) of SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclose herewith the Statement of Deviations or Variations of funds raised through Issue of convertible equity warrants on preferential basis for the quarter ended 30° June, 2026. We request you to take the said information in your record. Thanking you, Yours faithfully, for Pennar Industries Limited Mirza Mohammed Ali Baig Company Secretary & Compliance Officer ACS 29058 Corporate Office: Registered Office: Contact us: Pennar Industries Limited Pennar Industries Limited T: +91 40 40210526 / +91 40 4390 4949 7” Floor, #2-91/14/8/PIL/O&N, White Fields 7” Floor, #2-91/14/8/PIL/O&N, White Fields, E: corporatecommunications@pennarindia.com Kondapur, K.V. Rangareddy, Serilingampally Kondapur, K.V. Rangareddy, Serilingampally website: www.pennarindiacom Hyderabad, Telangana, INDIA, 500 084 Hyderabad, Telangana, INDIA, 500 084 CIN: L2710STG1975PLCO01919 IIN ND DU US ST T! R IES | Certified for ISO 9001, 14001, 45001 Management Systems STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED (Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015) Name of Listed Entity: Pennar Industries Limited Mode of Fund Raising P_ubRliic gIshsutess tssues/ Preferential Issues / OlP+ Others Date of Raising Funds 18 June, 2026 (Date of allotment of Convertible Equity Warrants) Amount Raised % 12,60,00,000/- (being 25% of the amount received on allotment of Convertible Equity Warrants) Report filed for Quarter Ended 30% June, 2026 Monitoring Agency Appointed No Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the auditors, if any Not Applicable Objects for which funds have been raised and where | Not applicable there has been a deviation, in the following table Modified | Original ewe Funds unto Original Object Object, if Allocation i 3 Utilised (& + ue Remarks an (® in Crore) iCany (< in in Crore) Variation (% y Crore) in Crore) Working; capital : 20.00 : 7.60 . . Requirement Capital Expenditure - 20.40 - 0 » - General Corporate _ 10.00 - 5.00 - Purposes 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 There is no deviation / variation in the utilisation of funds raised through Preferential Issue from the objects stated in the explanatory statement to the notice of the General Meeting. Notes: 1. The above statement has been reviewed by the Audit Committee and approved by the Board of Directors. 2. The statement is submitted to the Stock Exchange(s) pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. for Pennar Industries Limited Ly: eh. /.. \ i ; ~ Adit¥4 Rao \o-\ Vice-Chairman and Managing Director A DIN: 01307343 ‘de Date: 12" August, 2026 Place: Hyderabad Corporate & Regd. Office: Works Patancheru Plant: Contact us: Manufacturing Locations : Pennar Industries Limited Plot No. 13 &14, Phase - |, IDA, T : #91 40 4021 0526/ +91 40 4390 4949 *Patancheru, Isnapur & Velchal, Plot Nos : 3,4 & 5, 2-91/14/8/PIL/10&ll Patancheru, Sangareddy District-502 319, E :corporatecommunications@@pennarindia.com Sadasivapet & Mallapur (Telangana) Kondapur-Vill. Serilingampally-Mal. Telangana State, India. E :contact@pebspennar.com * Chennai & Trichy (Tamilnadu) R.R. Dist, Hyderabad - 500084, Telangana. | — Tel: +91 8455 24184 to 242193, : W: www.pennarindia.com / pebspennar.com *Tarapur (Maharashtra) Corporate Identification Number CIN:L27109TG1975PLC001919