Report

CIN. No: L72200AP1984PLC004380 Date: August 14, 2026 Corporate Service Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 521005 ISIN: INE807M01031 Dear Sir/Madam, Subject: Submission of Monitoring Agency Report in respect of utilization of proceeds of the Rights Issue of Titan Intech Limited for the quarter ended June 30, 2026 Pursuant to Regulation 82(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), please find enclosed herewith the Monitoring Agency Report dated 13th August 2026 issued by Acuité Ratings and Research Limited, Monitoring Agency, with respect to the utilization of proceeds of the Rights Issue of Titan Intech Limited for the quarter ended June 30, 2026. As noted in the Monitoring Agency Report: The utilization of Rights Issue proceeds is in line with the objects stated in the Offer Document; No deviation or variation from the disclosed objects has been observed; and The Company continues to maintain disciplined deployment and monitoring of funds in accordance with applicable regulatory requirements and stated business objectives. The submission is being made in compliance with applicable SEBI regulations for dissemination to stakeholders and for maintaining transparency with investors. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Titan Intech Limited Mangala Sachin Savla Company Secretary & Compliance Officer Encl.: Monitoring Agency Report issued by Acuité Ratings and Research Limited Corporate Office: Registered Office: # 404, 4th Floor, Lifestyle Building 5th Floor, # 54-1-7/21, Panchajanya, Vijayalakshmi www.titanintech.in Begumpet, Hyderabad colony, Road No. 2, Gunadala, Vijayawada. Andhra Ph: +91 87908 14671 Telangan a State - 500016 India. Pradesh, India- 520007 Email: info@titanintech.in Report of the Monitoring Agency (MA) Name of the issuer : Titan Intech Limited For quarter ended : Q1 FY2026-27 Name of the Monitoring Agency : Acuité Ratings and Research Limited (a) Deviation from the objects : No deviation is observed. (b) Range of Deviation : Not applicable. (C) Any other material fact to be highlighted : None. 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 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: Vikas Mishra Deputy Vice President - Process Excellence Report Date: August 13, 2026 1. Issuer Details: Name of the issuer : Titan Intech Limited Names of the promoter : Pinnamaneni Estates Private Limited Industry/sector to which it belongs : IT Enabled Services / Information Technology 2. I ssue Details: Issue Period : November 10, 2025, to November 19, 2025 Type of issue : Rights Issue Type of specified securities : Equity Shares IPO Grading, if any : Not applicable Issue size (INR Cr.) : 49.14 Actual Offer Price Amount Raised Particulars Units Issued Allotment (INR) (INR Crs.)* Equity Shares 49,14,05,865 48,78,22,972 1.00 48.78 *Reflects total gross proceeds raised, considering valid applications for the rights issue. Report Date: August 13, 2026 3. D etails of the arrangement made to ensure the monitoring of issue proceeds Source of Information / Sr. Reply from the certifications considered Comments of the Audit Particulars Comments of the Monitoring Agency No. issuer by Monitoring Agency for Committee preparation of report Not ascertainable. Owing to the delayed submission of requisite information / documents by the issuer, Acuité Whether all utilization is as per the had limited time to undertake detailed review and Utilisation is as per the offer 1 Yes disclosures in the Offer Document? validation of the utilisation. Accordingly, Acuité’s document. comments for these objects are presented on a best‑effort basis. As per management representations, there are no Whether shareholder approval has material deviations from the utilisation of proceeds as been obtained in case of material disclosed in the Offer Document. However, owing to 2 - Not applicable deviations from expenditures disclosed time constraints, Acuité has not conducted an in the Offer Document? independent detailed verification of the utilisation and, therefore, cannot independently validate the same. Whether the means of finance for the 3 disclosed objects of the issue has No Not ascertainable. Not applicable Documents provided by changed? the issuer including: Is there any major deviation observed Bank Statements, The issuer has not appointed any other Monitoring 4 over the earlier monitoring agency No Not applicable Declaration from the Agency for these objects earlier. reports? company and Statutory Whether all Government/statutory Auditors Certificate issued 5 approvals related to the object(s) Yes by M/s SMV and Co., etc. Not ascertainable. Not applicable have been obtained? Whether all arrangements pertaining 6 to technical assistance/collaboration Yes Not ascertainable. Not applicable are in operation? Are there any favorable events 7 improving the viability of these No Not ascertainable. No favourable events object(s)? Are there any unfavorable events 8 No Not ascertainable. No unfavourable events affecting the viability of the object(s)? Is there any other relevant 9 information that may materially affect No Not ascertainable. None the decision making of the investors? Report Date: August 13, 2026 4. Details of object(s) to be monitored: i. Cost of object(s): Original cost Comments of the Audit Committee Source of information / (as per the Revised Sr. Item certifications considered Comments of the Offer Cost No. Head by p M reo pn ait ro ar ti in og n A og f re en pc oy r tf or Document) (INR Cr.) Monitoring Agency Rea Cs oo sn t of P finro ap no cs ie ngd Particulars of firm (INR Cr.) arrangement revision option Working Capital Documents pr [Showing first 8,000 characters — download PDF for full document]