Please find attached, the Statement of Deviation for Quarter ended on 30-06-2026.

Date: 13.08.2026 The Department of Corporate Services, BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai-400 001 Re: Statement of deviation or variation in the use of proceeds of Preferential Issue for the quarter ended June 30, 2026. Ref: UDAYJEW | Scrip Code: 539518 | ISIN: INE551B01012 Dear Sir/Madam, With reference to the captioned subject and Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer/ Explanatory Statement to the Special Resolution placed before the Extra-Ordinary General Meeting dated 23.09.2024 for Preferential issue of the Company. A statement of deviation, stating that there is no deviation or variation in the utilization of these proceeds, duly reviewed by the Audit Committee, is attached. For UDAY JEWELLERY INDUSTRIES LIMITED (Sanjay Kumar Sanghi) Managing Director-Corporate Affairs DIN: 00629693 Encl: As stated above. CSTI N : 36AAAC H 827 2e2z\ry CIN: L7,1900TG 1 99!)pLCOB0it I Uffiy HOUSE OF CZ&GEMSTONE IEWEILERY Name of Listed Entity Uday fewellery Industries Limited Mode of Fund Raising Preferential Issue Date[s) of Raising Funds On or before the below mentioned allotment dates: 0 2. I 1..20 2 4,2 6.12.2 02 4,14.0 2.20 25,25 .09 .20 25 &.0L.05.2026. Amount Raised Rs.34,65,00,000 Report filed for the Quarter ended June31,2026 Monitoring Agency Not Applicable Monitoring Agencv Name, if applicable Not Applicable Is there a Deviation / Variation in use of No funds raised If yes, whether the same is pursuant to Not Applicable change in terms of a contract or objects, which was approved by the shareholders trf yes, Date of shareholder Approvai Not Applicable Explanation for the Deviationl Variation Not Applicable Cornments of the Audit Committee after No Comments neview Commenrs of the auditors, if any No Comments Obiects for which funds have been raised and where there has been a deviation, in the table Sr, Original Modifi Original Modified Funds Amount Remarks, if Obiect ed Allocation Allocatio Utilized of Any Obiect, ( Amount in n, if Any ( Amount in Deviatio if Any Rupees) Rupees) n/Varia tion for quarter accordi applica obiect 1. To utilize Rs. Rs. NIL The Company the 34,65,00,000 34,65,00,000 has converted proceeds 22,50,000 for warrants into Working equity shares ewell Industries Limited man turers . export€rs . distributors Regd. Off: 2nd Floor, 3-6-307 / t, 3-6-207 / Z, Z-6-308/1, Hyderguda Main Roacl, Opp. Bikanerr.t ala, Basheerbagh, Hyderabad-s00 004. T eli +91-40-4BSl 8417, E-mail: info@udayjewellery.com; Website: www.ucla CSTI N : 36AA"{C H82 7 2Q2Z\\l CIN: L7J900TG1 S99PLC0S0S tl up%v HOUSE OF CZ&GEMSTONE TEWELTERY Capital and received requireme the balance nts for consideration enhancing of the <3,46,50,000/- business in full. The operations. proceeds have been duly utilised for the purposes for which they were raised. 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 originatty disclosed or (c) Change in terms of a Contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. FoT UDAY JEWELTERY INDUSTRIES LIMITED Managing Director-Corporate Affairs Hyd.Gabad DIN:00629693 Place; Hyderabad Date: 13-08-2026 lJdag Ju*ullur.t Industries Limlted manutacturers . export€rs . distributors Regd. Off: 2nd Floor, 3-6-307 /7,3-6-302 /Z,Z-6-Z01/I, Hyderguda Main Roacl, Opp. Bikanenvala, Basheerbagh, Hyderabad-s00 004. Tel: +91-40-4853 8411., E-mail: inJo@udayjewellery.com; Website: www.uda .com