Monitoring Agency Report for the Quarter ended on 30th June, 2026 in respect of utilisation of proceeds of the Preferential Issue of the Company.

14th August, 2026 To To National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, 21st Floor, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai –400051 NSE Scrip Symbol: RATNAVEER BSE Scrip Code: 543978 Kind Attn.: Listing Department. Kind Attn.: Corporate Relationship Department. Dear Sir/Madam, Sub: Monitoring Agency Report for the Quarter ended 30th June, 2026 Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, we are enclosing herewith the Monitoring Agency Report dated 14th August, 2026 issued by Crisil Ratings Limited (Monitoring Agency), for the quarter ended 30th June, 2026 in respect of utilization of proceeds of the Preferential Issue of the Company. This disclosure will also be hosted on the Company's website viz. www.ratnaveer.com Kindly take the same on record. Yours faithfully, For Ratnaveer Precision Engineering Limited Vijay Sanghavi Managing Director DIN: 0049592 Encl.: As above Monitoring Agency Report Ratnaveer Precision Engineering Limited for the quarter ended June 30, 2026 CRL/MAR/RVSLPPLTD/2026-27/1844 August 14, 2026 Ratnaveer Precision Engineering Limited Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara – 391 775, Gujarat, India Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in Preferential Issue of (“PI”) of Ratnaveer Precision Engineering Limited (“the Company”) Pursuant to Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) and Monitoring Agency Agreement dated January 05, 2026, entered with the Company, we enclose the Monitoring Agency Report, issued by Crisil Ratings Limited, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Preferential 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 (MA) Name of the issuer: Ratnaveer Precision Engineering 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: Ratnaveer Precision Engineering Limited Names of the promoter: Vijay Ramanlal Sanghavi Industry/sector to which it belongs: Iron & Steel Products 2) Issue Details Issue Period: Not Applicable Type of issue: Preferential Issue Type of specified securities: Warrants QIP Grading, if any: NA Issue size: Rs. 115.18 crore* (assuming conversion of all the Warrants into equivalent number of Equity Shares, and receipt of the money on such conversion) *Crisil Ratings shall be monitoring the issue proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments of Comments certifications the of the Particulars Reply considered by Monitoring Board of Monitoring Agency for Agency Directors preparation of report Statutory Auditor Certificate^, Proceeds have Management been utilized undertaking, towards Notice to EGM dated working Whether all utilization is as per the disclosures No Yes December 19, 2025, capital in the Offer Document? Comments Corrigendum to EGM requirements dated January 05, 2026 and general (Hereinafter referred corporate as “Offer Document”) purposes Bank Statements Whether shareholder approval has been Statutory Auditor obtained in case of material deviations from NA Certificate^, No Comments Comments expenditures disclosed in the Offer Document? Management undertaking Source of information/ Comments of Comments certifications the of the Particulars Reply considered by Monitoring Board of Monitoring Agency for Agency Directors preparation of report Whether the means of finance for the disclosed No No No Comments objects of the issue has changed? Comments Is there any major deviation observed over the No NA No Comments earlier monitoring agency reports? Comments Statutory Auditor Whether all Government/statutory approvals No NA Certificate^, No Comments related to the object(s) have been obtained? Comments Management undertaking Whether all arrangements pertaining to technical assistance/collaboration are in NA No Comments Comments operation? Are there any favorable events improving the No No No Comments viability of these object(s)? Comments Are there any unfavorable events affecting the No No Refer note 1 viability of the object(s)? Comments Is there any other relevant information that may materially affect the decision making of No Refer note 1 Comments the investors? NA represents Not Applicable ^ Certificate dated August 10, 2026, issued by M/s Pankaj R. Shah & Associates, Chartered Accountants (Firm Registration Number: 107361W), Statutory Auditors of the Company. Note 1: The Company has issued warrants at a price of Rs. 159.25/- per share (as per Notice of EGM dated December 19, 2025) whereas the current market price per share as on August 10, 2026, stands at Rs. 205.85/- 4) Details of object(s) to be monitored: i. Cost of the object(s): Original cost Comments of the Board of Source of (as per the Directors information/ Revised Offer Particular Sr. certification Cost Comment Item Document) Reason Proposed s of firm No. considered by MA (Rs in of the MA Head (Rs in crore) of Cost financing arrange- for preparation of crore) (Refer note revision option ments report 2) made Working Statutory Auditor No 1 capital 88.69 NA No Comments Certificate^, revision requirement Management General undertaking, No 2 corporate 26.49 [Showing first 8,000 characters — download PDF for full document]