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

' I'Ii'TGCI" ® O11-48440050 PIPES =i Info@hitechpipes.i BUILDING A NEW INDIA Date: August 14, 2026 Listing Department, Manager, National Stock Exchange of India BSE Limited PhirozeJeejeebhoy Towers, Rotunda Limited Exchange Plaza, Plot No. C /1, G Block, | Building, Dalal Street, Fort BandraKurla Complex- Bandra (E), Mumbai- 400001 BSE Scrip Code: 543411 Mumbai-400051 NSE Symbol: HITECH Sub: Statement of Deviation / Variation in utilization of proceeds raised through Qualified institutional placement (“QIP”) for the quarter ended June 30, 2026 Dear Sir/ Madam, Pursuant to the Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, Please find enclosed herewith the Statement of Deviation or Variation for utilization of the proceeds raised through Qualified institutional placement (“QIP”) for the quarter ended June 30, 2026. Kindly place the same on your record. Thanking You, Yours Truly, For Hi-Tech Pipes Limited For HI-TECH PIPES LIMITED Arun Kfmpany Secretary Company Secretary & Compliance Officer Encl: a/a MS PIPES & HOLLOW SECTIONS | GPGC SHEET & COLOR COATED COIL | GI & GP PIPES | CR COILS & STRIPS == HI-TECH PIPES LIMITED 5, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi -110034 CIN: L272020L1985PLC0O18750 Annexure-A Statement of Deviation / Variation in utilisation of funds raised Name of listed entity Hi-Tech Pipes Limited Mode of Fund Raising QIP Date of Raising Funds 11-10-2024 Amount Raised (In Rs. Lakhs) 50079 Report filed for Quarter ended 30-06-2026 Monitoring Agency “Applicable Monitoring Agency Name, if applicable CRISIL Ratings Limited 1s there a Deviation / Variation in use of funds raised No f yes, whether the same is pursuant to change in terms ofa contract or objects, which was approved by Not Applicable the shareholders 1f Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modified Object, ifany | Original Allocation |Modified Funds Utilised Amount of Remarks if any (Rs. In Lakhs) allocation, if |(Rs.InLakhs) |Deviation/Variation for any the quarter according to applicable object Funding capital expenditure requirement for expansion |Not Applicable 14000 Nil 9600 Nil NA of the existing manufacturing unit at Sanand, Gujarat and setting up a new manufacturing unit at Sti Citv (Chinnapandru), Andhra Pradesh Repayment and/or prepayment, in full or in part, of | Not Applicable 25000 Nil 25000 Nil NA certain outstanding borrowings availed by our Company General corporate purposes Not Applicable 8186 8329 8329 Nil NA Total 47186 47329 42929 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. Arun Kumar Company Secreatary & Compliance Officer