Monitoring Agency Report for the quarter ended 30.06.2026

STANBIK AGRO LIMITED (Formerly Known as Stanbik Agro Private Limited) CIN: L51909GJ2021PLC120155 Registered Office: D 1106, Titanium City Centre, Near Sachin Tower, 100 Feet Road, S A C, Ahmedabad, ‘Ahmadabad City, Gujarat, India, 380015 Phone No: 9825397843 Email: stanbikcommer cialpl@gmail.com August 13, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 544659 ISIN: INE16QA01011 Sub: Monitoring Agency Report for the quarter ended June 30, 2026 Dear Sir/ Madam, Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations,2018, as amended, please find enclosed Monitoring Agency Report issued by Brickwork Ratings India Private Limited, Monitoring Agency, for the quarter ended June 30, 2026, with respect to the utilisation of proceeds of the Initial Public Offer (IPO’) of the Company. Kindly take the above information on record. Thanking You, Yours Faithfully, For STANBIK AGRO LIMITED ASHOKBHAI DHANAJIBHAI PRAJAPATI MANAGING DIRECTOR DIN: 09295498 Brickwork Ratings India Private Limited BRICK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 Monitoring Agency Report for Stanbik Agro Limited for the quarter ended June 30, 2026 info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BRICK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 No. BWR/2026-27/IPM/SAL/03 August 12, 2026 Mr. Ashokbhai Dhanajibhai Prajapati Managing Director Stanbik Agro Limited D 1106, Titanium City Centre, Near Sachin Tower, 100 Feet Road, S A C, Ahmedabad, Ahmedabad City, Gujarat, India, 380015 Dear Sir, Third Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Fresh Issue of Equity Shares Issue of Stanbik Agro Limited (“the Company”) Pursuant to client 's request and Monitoring Agency Engagement Letter dated November 7, 2025, Brickwork Ratings (BWR) has prepared the Third Monitoring Agency Report, as per Schedule XI of the SEBIICDR Regulations towards utilisation of funds raised, for the quarter ended June 30, 2026. The funds raised by the Company were through Fresh Issue of Equity Shares aggregating to Rs. 12.28 Crores of the Company. 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 November 7,2025. Request you to kindly take the same on records. Thanking you, Yours Faithfully, igitally signed b NIRAJ KUMAR 3:?&3 KyuSIN?:: RA'I)'/HI RATHI Date: 2026.08.12 18:06:17 +05'30" Mr Niraj Kumar Rathi Senior Director, Ratings - Brickwork Ratings ickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BRICK“’/ORKN 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 Report of the Monitoring Agency (MA) Name of the issuer: Stanbik Agro Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Brickwork Ratings India Private Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, we further declare that this report provides a true and fair 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. 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 monitorianngd reporting the utilization of the issue proceeds by the issuer. 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 a 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 issanud beeforre 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. NIRAJ KUMAR Dciugimtaalrlyr saitgnhe d by NIRAJ Date: 2026.08.12 RATH I 18:06:36 +05'30" Signature: Name of the Authorized Signatory: Mr Niraj Kumar Rathi Designation of Authorized Person/Signing Authority: Senior Director, Ratings - Brickwork Ratings info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BRICKWORK" 3rd Floor, Raj Alkaa Park, Kalena Agrahara Bannerghatta Road, Bengaluru - 560 076 RATINGS P: +91 80 4040 9940/9999 1) Issuer Details: Name of the issuer: Stanbik Agro Limited Names of the promoter: Mr. Ashokbhai Dhanajibhai Prajapati and Mr. Chirag Ashokbhai Prajapati Industry/ sector to which it belongs: Agriculture 2) Issue Details: Issue period: December 12, 2025 - December 16, 2025 Type of issue (public/ rights): Fresh Issue of Equity shares Type of specified securities: Equity Shares IPO Grading, if any: Not Applicable Issue size (in X Crore): 12.28 Total Number of Value as per Offer Amount Particulars Securities Price (%) Document Received (X Crore) (X Crore) Equity Shares-Fresh 4094000 30 12.28 12.08 Issue Total 4094000 30 12.28 12.28 NoteA:s mentioned in the Corrigendum to the Prospectus, the initial offer comprised 40,92,000 equity shares. Due to rounding off in proportionate allotment arising from the fixed lot size of 4,000 shares, an excess allotment of 2,000 equity shares was required. Accordingly, in compliance with Regulation 268(2) of SEBI (ICDR) Regulations, 2018, the final issue size was revised to 40,94,000 equity shares. info@brickworkratings.com | www.BrickworkRatings.com | CIN: U67190KA2007PTC043591 Brickwork Ratings India Private Limited BR'CK“’/ORKW 3rd Floor, Raj Alkaa Park, Kalena Agrahara RATINGS Bannerghatta Road, Bengaluru - 560 076 P: +91 80 4040 9940/9999 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ i e » Comments of Comments of Particulars Reply e i) Monitoring Board of Monitoring Agency for y preparation of report Agency ClIEED . Bank Statements, flfi::::t::::fim;;:::;:; No Compa.ny’s letter, Delayed Refe [Showing first 8,000 characters — download PDF for full document]