Statement of deviation(s) or variation(s) under Reg. 32

National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051. Scrip Symbol LIBAS Series EQ ISIN INE908V01012 Dear Sir/Ma’am, Subject Statement of deviation or variation Pursuant to the provisions of Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD1/ 162/2019 dated 24th December, 2019, a Statement of Deviation or Variation in utilization of funds raised by the Company through Right Issue till the quarter ended June 30, 2026, duly reviewed by the Audit Committee of the Company in its meeting held on August 14, 2026 is enclosed. We hereby confirm that there was no deviation or variation in the utilization of proceed of Right Issue from the object as stated in the Prospectus. Thanking You. For & on behalf of Libas Consumer Products Ltd. Riyaz Eqbal Ahmed Ganji (Managing Director) (DIN: 02236203) Date: August 14, 2026 Place: Mumbai Libas Consumer Products Limited CIN: L18101MH2004PLC149489 Registered Office: Aapki Industrial Premises Coop Soc. Ltd., Unit No. 62, Masrani Lane, Sidhpura Ind Estate, Halav Pool, Kurla (West), Mumbai-400070 Contact: 022-49767404/7396 E-mail: cs@libas.co.in Website: riyazgangjilibasconsumerproductltd.com Statement of Deviation or Variation Name of listed entity Libas Consumer Products Limited Mode of Fund Raising Right Issue Date of raising fund September 27, 2022 to October 18, 2022 Amount raised ₹ 1827.96 lakh Report filed for Quarter ended June 30, 2026 Monitoring Agency Not Applicable Monitoring Agency, if applicable Not Applicable Is there any deviation/variation in use of funds raised No If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If yes, date of shareholder approval Not Applicable Explanation for deviation/variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the Auditors, if any Not Applicable Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modified Original Modified Funds utilised Amount of Remarks, if object, if any allocation allocation, if till March 31, Deviation/Variation for any (₹ in Lakh) any 2026 (₹ in Lakh) the quarter according to applicable object Working Capital Not Applicable 1,227.96 Not Applicable 1227.96 Nil No deviation requirement of Variation Marketing for innerwear Not Applicable 600.00 Not Applicable 600.00 Nil No deviation Brand “KNG” of Variation 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 originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.