Monitoring Agency Report

DEEPAK BUILDERS ENGINEERS INDIA LIMITEID ................................ Date : ... Date: 14t August, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Tower Bandra -Kurla Complex, Bandra (East) Dalal Street, Mumbai - 400 051 Mumbai - 400001 Trading Symbol: DBEIL Script code: 544276 Dear Sir/ Madam, Subject: Monitoring Agency Report for the quarter ended June 30, 2026. Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the Monitoring Agency Report issued by CRISIL Ratings Limited, Monitoring Agency, for the quarter ended June 30, 2026, in respect of utilization of proceeds of the Initial Public Offer (“IPO”) of the company. The Monitoring Agency Report for the quarter ended June 30, 2026, was duly reviewed by the Audit Committee and approved by the Board at their respective meetings held on August 14, 2026. The above information will be made available on the website of the Company www.deepakbuilders.co.in Kindly take the same on record. Thanking You, Yours faithfully, For Deepak Builders & Engineers India Limited1 Digitally signed by Anil (Anil Kumar) Anil Kumar o nisios umar 40530 Company Secretary & Compliance Officer Corporate Office : Near Lodhi Club, Shaheed Bhagat Singh Nagar, Ludhiana -141 012 (Punjab) Tel.: +91-161-2560106 Mobile : +91-98759-09240 E-mail : info@deepakbuilders.co.in, deepakbuilders1987@gmail.com Regd. Office : Ahluwalia Chambers, 1st Fioor, Plot No.16 & 17, Local Shopping Centre, Madangir, Near Pushpa Bhawan| New Delhi - 110 062 Crisil Ratings Monitoring Agency Report Deepak Builders and Engineers India Limited for the quarter ended June 30, 2026 e Identity Number: U67100MH2019PLC326247 ed Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India acompany of S&P Global Crisil Ratings CRL/MAR/AKDPL/2026-27/1870 August 14, 2026 Deepak Builders and Engineers India Limited Ahluwalia Chambers, 1st Floor, Plot No. 16 &17, Local Shopping Centre, Madangir, near Pushpa Bhawan, South Delhi, New Delhi - 110 062, India Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Deepak Builders And Engineers India Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated September 28, 2024, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO 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 Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 22 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Report of the Monitoring Agency (MA) Name of the issuer: Deepak Builders and Engineers India Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: T\e declare that this 1eport 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 receies. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoeverfo,r loss or danage front 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 compensatiofonr its ratings and certain credit-related analyses. Ve 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. T\ have submitted the report herewith in line with the format prescribed by SEBI, capturing our contments, 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 Managem/e Anudtit 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 responsibiliftoyr such comments of the issuer’s Management/Board. Signat/u). ree:l Name and designation of the Aufhorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 22 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 1) Issuer Details: Name of the issuer: Deepak Builders and Engineers India Limited Names of the promoter: Mr. Deepak Kumar Singal Mrs. Sunita Singal Industry/sector to which it belongs: Construction 2) Issue Details Issue Period: October 21, 2024, to October 23, 2024 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 2,172.10 million (Freshissue - Rs 2,172.10* million and OFS of Rs 428.33 million) *Note 1: The prospectus dated October 23, 2024, filed by the company, mentions Rs. 254.84 million as the total amount towards isstue expenses in following manner. Revised Amount Revlse.d amount during the Amount as at the quarter warter ended Particulars (Rs. ended December 4 . September 30, Millions) 31, 2024 (R (Rs. Million)$ - (88 million)& Gross proceeds of the Fresh Issue 2,172.10% NA NA Less: Issue Expenses 254.84 212.86 209.89 Net Proceeds 1,917.26 1,959.24 1,962.21 #Crisil Ratings shall be monitoring the gross proceeds. $As on December 31, 2024, the Issue expenses were erroneously disclosed in the prospectus, with OFS expenses incorrectly included in Fresh Issue, impacting net proceeds. As per the clarification provided by the Merchant Banker, the Company and the Statutory Auditors of the Company, corrected net proceeds were approved and allocated to General Corporate Purposes (GCP) to reflect the correction. &Duwring the quarter ended September 30, 2025, net proceeds have been fiurther revised to Rs. 1,962.21 million from Rs. 1,959.24 million on account of issue expenses being lower than the estimated amount. This excess issie expenses amount of Rs. 2.97 million Tias been adjusted against General Corporate Purposes, which increased the GCP amount to Rs. 542.65 million from Rs. 539.68 nullion ACertificate dated July 22, 2026, issued by M/s Parmod G. Gupta & Associates, Chartered Accountants (Firm Registration Nuniber: 018870N), Statutory Auditors of the Company. C [Showing first 8,000 characters — download PDF for full document]