Monitoring Agency Report

August 13, 2026 BSE Limited National Stock Exchange of India Limited P.J. Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai 400051 Scrip Code : 526506 Symbol: SYSTMTXC Sub: Monitoring Agency Report for quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we have enclosed herewith the Monitoring Agency Report issued by the CARE Ratings Limited, Monitoring Agency, appointed by the Company for monitoring the utilization of funds raised through Preferential Issue of Equity Shares of the Company for the quarter ended on June 30, 2026. You are requested to take the same on record. Thanking You. Yours faithfully, For Systematix Corporate Services Limited Divyesh Badiyani Company Secretary & Compliance Officer ACS: 63381 Systematix Corporate Services Limited Registered Office: 206 - 207, Bansi Trade Centre, 581/5, M. G. Road, Indore - 452 001. Tel: +91-0731-4068253 Corporate Office : The Capital, A-Wing, No. 603 - 606, 6th Floor, Bandra Kurla Complex, Bandra (East), Mumbai -400051. Tel: +91-22-6619 8000 / 4035 8000 Fax: +91-22-6619 8029 /40358029 CIN: L91990MP1985PLC002969 Website: www.systematixgroup.in Email: secretarial@systematixgroup.in SEBI Merchant Banking Registration No. : INM000004224 CareSdge RATINGS No.CARE/HO/GEN/2026-27/1118 The Board of Directors Systematix Corporate Services Limited 603, 6th Floor, A Wing, The Capital, Plot No. C 70, BKC, Mumbai 400051 August 11, 2026 Dear Sir/Ma'am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Preferential issue of Systematix Corporate Services Limited (''the Company") We write in our capacity of Monitoring Agency for the Preferential Issue for the amount aggregating to~ 103.12 crore (Gross Proceeds) of the Company and refer to our duties cast under 162A of the Securrties & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. 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 September 27, 2024. Request you to kindly take the same on records. Thanking you, Yours faithfully, Shaik Saleem Associate Director Shaik.sa1eem@careedae.io CareSdge RATINGS Report of the Monitoring Agency Name of the issuer: Systematix Corporate Services Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable 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 repcrt 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 issuer and before 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. Signature: Shaik Saleem Associate Director 1) Issuer Details: Name of the issuer : Systematix Corporate Services Limited (SCSL) Name of the promoter :Nikhil Khandelwal, Chandra Prakash Khandelwal, Anju Khandelwal, Chandra Prakash Khandelwal (HUF), Priyanka Khandelwal {Promoter Group), Rahul Khandelwal (Promoter Group) and Systematix Holdings Private Ltd (Promoter Group) Industry/sector to which it belongs : Capital Markets Inte,mediary 2) Issue Details Issue PeriOd : October 01, 2024, to December 31, 2024 Type of issue (public/rights) : Preferential Issue (plivate placement) Type of specified serulities : Equity Shares I PO Grading, if any : Not applicable Issue size (in crore) : ~ 103.12crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Comments of Source of Information / certifications Comments of the the Particulars Reply considered by Monitoring Agency for Monitoring Agency Board of . preparation of report Directors CA Certificate Fem, PAS-4 Bank Statements ~Alether all utJlization is as per the disclosures in the Offer . Management Certificate Ubl1zation is as per the offer Utilization is as per Document? Subsidiary's Exerutive oommittee documents. the offer . resolution dated April 13, 2026 documents. DepoSJtory's confim,ation cert~icate of . shares credit in the name of SCSL. IM-iether shareholder approval has been obtained in case .. CA Certificate Not applicable as Not apphcable as there have been no there have been of material deviations# from expenditures disclosed in the Not applicable Form PAS-4 material deviations no material Offer Document? Management Certificate deviations Whether the means of finance for the disclosed objects of No No .M anagement Certificate No the issue have chanced? Previous Monitoring agency reports No Is there any major deviation observed over the earlier . No deviation observed over the earlier No CA Certificate monitoring agency reports? monitoring agency reports. Ma naaem ent Certificate First object: The Company's Subsidiary had Whether all Government/statutory approvals related to the object(s) have been obtained? No Management certificate Not applicable applied for approva I for raising c,ipltal of Rs. 35 crore through right issue and has Source of information / certifications Comments of Particulars Reply considered by Monitoring Agency for Con,iments of the the preparation of report Mon1tonng Agency Board of Oi rect ors received in-principal approval for the same from BSE, MO(, NSE and NCDEX. Accordingly, the company has infused Rs.35 c.rore m Its subsidiary In QlFY27, which is as pe:r Its offer document. Second Object.: The company has received SEBI registration of Category 2 AIF vide registration Number IN/AIF2/2S-26/1921 and the Private Placement Memorandum of the Scheme of aforesaid Category l AIF is taken on record by SEBI. However the investment is yet to be made In the aforesaid Category 2 AIF. Whether all arrangements pertaining to technical assistance/collaboration are m operation? Not applicable Management Certificate Not apphcable Not applicable No favorable/ unfavorable events Not applicable Are there any favorable/ [Showing first 8,000 characters — download PDF for full document]