Statement on Deviation or Variation of Funds for the quarter ended 30th June, 2026

Date: 12th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Reference: Autoriders International Limited (“the Company”) BSE Code: AUTOINT Scrip Code: 512277 ISIN: INE340U01010 Sub: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations) Dear Sir/Madam, Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, a Statement of Deviation or Variation in utilization of funds raised by the Company through Preferential issue Cum Private Placement method for the quarter ended 30th June, 2026, duly reviewed by the Audit Committee of the Company in its meeting held on 12th August, 2026 is enclosed. Kindly take the above information on your records. Thanking You, For and on Behalf of Autoriders International Limited Priyanshi Joshi Company Secretary and Compliance Of icer Membership Number: 77367 Autoriders international Ltd Head Office: 4A, Vikas Centre, 104, S. V. Road, Santacruz (West), Mumbai - 400 054. India. *Tel. 022-4270 5271 /4270 5272 * Email: ho@autoriders.in * Website: www.autoriders.in CIN: L70120MH1985PLC037017 STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED Name of Listed Entity Autoriders International Limited Mode of Fund Raising Preferential Allotment of Equity Shares Date of Raising Funds 31st December 2024 Amount Raised 89910000 Report filed for Quarter ended 30th June, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of No funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders Not Applicable If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after None review Comments of the auditors, if any None Autoriders international Ltd Head Office: 4A, Vikas Centre, 104, S. V. Road, Santacruz (West), Mumbai - 400 054. India. *Tel. 022-4270 5271 /4270 5272 * Email: ho@autoriders.in * Website: www.autoriders.in CIN: L70120MH1985PLC037017 Objects for which funds have been raised and where there has been a deviation, in the following table Original Modified Original Modified Funds Utilised Amount of Remarks Object Object, if Allocation allocation, Deviation/Variation if any if any for the quarter according to applicable object 1. For No 1. For No 1. For Nil NA Repayment Repayment Repayment of of Loans of Loans – Loans – 2. Business 1,75,10,000 1,76, 93,728/- Expansion 2. Business 2. Business 3. General Expansion- Expansion- Corporate 5,00,00,000 5,04,10,002 Purpose 3. General 3. General Corporate Corporate Purpose- Purpose- 2,24,00,000 2,17,49,269 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 For and on Behalf of Autoriders International Limited Priyanshi Joshi Company Secretary and Compliance Of icer Membership Number: 77367 Autoriders international Ltd Head Office: 4A, Vikas Centre, 104, S. V. Road, Santacruz (West), Mumbai - 400 054. India. *Tel. 022-4270 5271 /4270 5272 * Email: ho@autoriders.in * Website: www.autoriders.in CIN: L70120MH1985PLC037017 CHARTERED ACCOUN INDIA D/101, Om Fortune Building 1% Floor, Behind Bank Of Baroda, Jambli Galli, Borivali (West), Mumbai 400092. Telephone No.: 022-28335993 Mobile : 9820029281 Website: www.cavandana.com Email: vandana.dodhia@gmail.com / office.cavandana@gmail.com CERTIFICATE OF UTILIZATION OF NET PROCEEDS THROUGH PRIVATE PLACEMENT The Board of Directors, Autoriders International Limited 4A, Vikas Center, S.V. Road, Santacruz (W), Mumbai - 400054, We, Vandana V. Dodhia & Co., Chartered Accountants (Firm Registration No. 117812W), have been requested by the management of M/s. Autoriders International Limited on 11t August, 2026, to certify the utilization of net proceeds from the issue of preferential shares made by the Company as per the Offer Document, for the purpose of submission to the Board of Directors and other regulatory authorities, as required. We have verified the books of account and other relevant records and documents maintained by the Company for the purpose of this certification, as on 30t June, 2026. Management’s Responsibility The preparation and maintenance of proper books of account, records, and documents reflecting the true and fair utilization of the funds raised through the private placement of preferential shares is the responsibility of the Company’s Management. The Management is also responsible for ensuring that the funds have been utilized for the purposes stated in the Offer Document and in compliance with the applicable laws, rules, and regulations. Independent Chartered Accountant’s Responsibility Pursuant to the request made by the Management, our responsibility is to verify and certify the details of utilization of net proceeds, based on the books of account and records maintained by the Company and other relevant documents and explanations provided to us. We have conducted our verification in accordance with the Guidance Note on Reports or Certificates for Special Purposes (Revised 2016), the applicable Standards on Quality Control (SQC 1), and other relevant Standards on Auditing issued by the Institute of Chartered Accountants of India (ICAI). We have performed the following procedures in relation to verification of the utilization of the net proceeds from the preferential issue by the Company: ee Verified the relevant books of account and ledgers relating to the preferential issue proceeds. e Examined the Offer Document and Board Resolutions authorizing the utilization off unds. Traced the receipt of funds to the designated bank account and verified the actual inflow. Examined supporting records and documents evidencing utilization for the stated objects. « Verified payments made towards loan repayment, business expansion, and general corporate purposes with corresponding supporting documents such as invoices, agreements, and confirmations. ¢ Cross-verified the utilization details with the Company’s audited financial statements and management t represen! tations. ‘JANDANAV DOD embership %l No. 104000 * FRN: 117812W (¥ scanned with OKEN Scanner Conclusion B hea rs ee bd y o cn e ro tu ifr y v te hr ai tf i tc ha et i no en t o pf r t oh ce e er de sl e rv aa in st e dr e bc yo r Ad us t, o rd io dc eu rm se n It ns te, r na an td i oe nx ap ll La in ma it ti eon ds t p hr ro ov ui gd he td h et o i su ss, u ew oe f preferential shares have been utilized for the purposes stated in the Offer Document, to the extent disclosed above, as at 30t June, 2026. This certificate has been issued at the specific request of the Company’s management for submission to its Board and/or regulatory authorities. We have no obligation to update or revise this certificate for any events or transactions occurring subsequent to its date. For VANDANA V. DODHIA & CO. Chartered Accountants (Firm Reg. No. 117812W) ZJANDANAV g, Cxvandana V. Dodhia Partner Membership No.104000 UDIN NO. 26104000PEEEE]6729 Place: Mumbai. Date: 12/08/2026 (¥ scanned with OKEN Scanner CHARTERED ACCOUNTANTS INDIA D/101, Om Fortune Building 15 Floor, Behind Bank Of Baroda, Jambli Galli, Borivali (West), Mumbai 400092. Telephone No.: 022-28335993 Mobile : 9820029281. Website: www.cavandana.com Email: vandana.dodhia@gmail.com / office.cavandana@gmail.com Certificate of Utilization of Net proceeds through Private Placement The Board of Directors, Autoriders International Limited 4A, Vikas Center, S.V. Road, Santacruz (W). Mumbai 400054, We, Vandana V. Dodhia & Co., C [Showing first 8,000 characters — download PDF for full document]