Please find monitoring agency report for the quarter ended 30.06.2026 as approved by Audit Committee and Board of Directors.

BHANDARI HOSIERY EXPORTS LIMITED REGD. OFFICE: BHANDARI HOUSE, VILLAGE MEHARBAN, RAHON ROAD, LUDHIANA-141007 (PUNJAB) (INDIA) PHONES: +91-88720-16410, FAX: +91-161-2690394, E-mail: bhandari@bhandariexport.com Web: www.bhandariexport.com; Corporate Identification No.: L17115PB1993PLC013930 13.08.2026 To, To, Department of Corporate Relations, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, C- 1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai– 400051 Scrip Code: 512608 Symbol: BHANDARI Sub: Outcome of Meeting of Board of Directors of Bhandari Hosiery Exports Limited (the Company) – Monitoring Agency Report pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report as approved by the Audit Committee and Board of Directors in their meeting held on 13.08.2026 in respect of the utilization of proceeds of Rights Issue, for the quarter ended June 30, 2026 issued by Crisil Ratings Limited, Monitoring Agency. The meeting of the Board of Directors commenced at 3:00 p.m. and concluded at 5: 10 p.m. You are requested to kindly take the same on your record. Thanking You Yours Sincerely, For Bhandari Hosiery Exports Limited, Shilpa Tiwari Company Secretary & Compliance Officer M.No. A59374 Monitoring Agency Report Bhandari Hosiery Exports Limited for the quarter ended June 30, 2026 CRL/MAR/ BHAHOS /2026-27/1963 August 13, 2026 Bhandari Hosiery Exports Limited Bhandari House, Vill Meharban, Rahon Road, Ludhiana, Punjab - 141007, Dear Sir, Final Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Rights Issue of Bhandari Hosiery Exports Limited (“the Company”) Pursuant to Regulation 82(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) and Monitoring Agency Agreement dated January 16, 2026, entered with the Company, we enclose the Final Monitoring Agency Report, issued by Crisil Ratings Limited, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Rights Issue for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency Name of the issuer: Bhandari Hosiery Exports Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: No (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 report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. 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: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Bhandari Hosiery Exports Limited Names of the promoter: a. Ms. Nitika Bhandari b. Mr. Suresh K. Bhandari c. Mr. Nitin Bhandari d. Mr. Naresh Bhandari e. Ms. Kusum Bhandari Industry/sector to which it belongs: Other Textile Products 2) Issue Details 3) Issue Period: Friday, March 06, 2026, To Friday, March 20, 2026 Type of issue (public/rights): Rights Issue Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 2,378.41 lakh (Refer Note) Particulars Amount (Rs. lakh) Gross proceeds of the Fresh Issue 2,378.41* Less: Issue Expenses 100.00 Net Proceeds 2,278.41 (Refer Note 1) *Crisil Ratings shall be monitoring the gross proceeds amount. Note 1: - As per the letter of Offer dated February 19, 2026, the Board of Director of the Company had approved raising fresh Equity funds through Rights Issue amounting to Rs 4,930.00 lakh. However, on account of undersubscription of shares at the time of subscription, the gross proceeds were revised from Rs 4,930.00 lakh to Rs 2,378.41 lakh. Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of Comments of Particulars Reply considered by the Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Statutory Auditor Right Issue Right Issue certificate^, Proceeds are Proceeds are Management utilised towards utilised towards undertaking, Whether all utilization is as per the objects disclosed objects disclosed Yes Letter of Offer dated disclosures in the Offer Document? in the Offer in the Offer February 19, 2026, Document viz Document viz (hereafter referred to as working capital working capital Offer Document), Bank requirements requirements Statements Source of information / certifications Comments of Comments of Particulars Reply considered by the Monitoring the Board of Monitoring Agency for Agency Directors preparation of report and Issue and Issue Expenses Expenses Whether shareholder approval has Statutory Auditor been obtained in case of material certificate ^, NA No Comments No Comments deviations# from expenditures Management disclosed in the Offer Document? undertaking Whether the means of finance for the disclosed objects of the issue has No No Comments No Comments changed? Is there any major deviation# observed over the earlier monitoring NA No Comments No Comments agency reports? Whether all Government/statutory approvals related to the object(s) NA No Comments No Comments have been obtained? Whether all arrangements pertaining to technical NA Statutory Auditor No Comments No Comments assistance/collaboration are in certificate ^, operation? Management Are there any favorable events undert aking improving the viability of these No No Comments No Comments object(s)? Issue was Issue was undersubscribed undersubscribed Are there any unfavorable events and 2 of the and 2 of the affecting the viability of the Yes objects of the objects of the object(s)? issue were issue were deferred. deferred. Is there any other releva [Showing first 8,000 characters — download PDF for full document]