As per attachment

VIPULORGANICS Interconnected Chemistry 14t August 2026 The Manager Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 530627 Sub: Statement of Deviation or Variation in Utilisation of Funds for the quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation or Variation in utilisation of funds raised through Preferential Issue for the quarter ended June 30, 2026 This is for your information and records. Thanking you, Yours faithfully, Managing Director DIN : - 00181636 Vipul Organics Ltd., B-603A, Kaledonia Bldg., Sahar Road, OffW. E. Highway, Andheri (East), Mumbai - 400 069, India. @ +9122 6613 9999 @ info@vipulorganics.com @ www.vipulorganics.com VIPULORGANICS Interconnected Chemistry STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS ISSUE, PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC. Statement on deviation / variation in utilisation of funds'raised Name of Listed Entity Vipul Organics Limited Mode of Fund Raising ((Public Issues/ Rights ial I Issues/ Preferential Issues/ QIP/ Preferential Issue Others) ) o Date of Raising Funds 22™ December, 2025 (Date of Allotment) L ) %27,54,39,400/- Report filed for Quarter ended 30-06-2026 Monitoring Agency Not Applicable Monitorlng Agenicy Nam;, If applicable Not Applicable Is there a Deviation / Variation in use of Not Applicable funds raised Ilyes, whether the same is pursuant to chidiige I et ofd cotittaee ot Not Applicable objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Exp_lar!atron for the Deviation / Not Applicable Variation : Comments of the Audit Committee . No Comments after review B Comments of the auditors, if any Nil Objects for which funds have been raised and where there has been a - deviation, in the following table Original Modified Funds Amount of Remarks if i Modified Allocation | allocation, if Utilised Deviation/Variatio any Original L : N Object, if any (Revised n for the quarter Object 3 o any Allocation) according to applicable object To meet expenditure/ cost towards and relating to Vipul Organics Ltd., B-603A, Kaledonia Bldg., Sahar Road, Off W. E. Highway, Andheri (East)} O +9122 6613 9999 @ info@vipulorganics.com @ www.vipulorganics.com VIPULORGANICS upgradation of Interconnected CHemistry Utilised for manufacturing | No Change | 16,43,70,000 | 10,66,39,400 | 10,66,39,400 N.A. new facilities project at and/or Saykha, expand Gujarat production capacity and business to meet the growth prospect and business opportunities. To reduce There was long term no debts No Change - N.A. utilization borrowed 10,00,00,000 | 10,00,00,000 during the from quarter Bank. General Corporate Purposes (includes, inter alia, meeting ongoing general corporate exigencies, working capital and contingencies, expenses of the Company as applicable, including fees expenses 8,80,00,000 | 6,88,00,000 6,88,00,000 N.A. Fully No Change related to the utilized Issue, in such amanner and proportion as may be decided by the Board from time to time, and/or any other general purposes as may be Vipul Organics Ltd., B-603A, Kaledonia Bldg., Sahar Road, Off W. E. Highway, Andheri (East), M 4%069‘ India. ©+912266139999 @ info@vipulorganics.com @ www.vipulorganics.com - 74 VIPULORGANICS permissible Interconnected Chjemistry under applicable laws) 35,23,70,000 | 27,54,39,400 | 17,54,39,400 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. Note: © The Members of the Company at the Extra Ordinary General Meeting held on October 31, 2025 had approved raising of funds aggregating up to %35,23,70,000 through preferential issue of equity shares. e Subsequently, due to non-participation by certain proposed allottees, the total issue size was reduced to X27,54,39,400. Accordingly, the revised allocation of the issue proceeds was determined and the same was intimated to the Stock Exchange on December 22, 2025. e There is no change in the objects of the issue or in any other terms and conditions as approved by the shareholders at the said Extra Ordinary General Meeting. For on Behalf of Board Vipul Organics Limited Mihir Shah Whole Time irector & Chief Financial Officer DIN: 0512612 Vipul Organics Ltd., B-603A, Kaledonia Bldg., Sahar Road, OffW. E. Highway, Andheri (East), Mumbai - 400 069, India. @ +91 22 6613 9999 @ info@vipulorganics.com @ www.vipulorganics.com