Kindly find attached as per captioned Subject for Quarter Ended June 2026

To, Date: - 14th August 2026 Bombay Stock Exchange Limited, Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Subject: Statement of Deviation and/or variation in utilization of Public Issue proceeds pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015. Dear Sir/Madam, We are pleased to inform you pursuant to Regulation 32 of SEBI (listing Obligations and Disclosure Requirements) Regulation, 2015 that there is no deviation and/or variation in the utilization of issue proceeds, as mentioned in the prospectus of the company. The details of the same as per the Regulation 32 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015 are given as below: A) 1st Issue: Statement of Deviation / Variation in utilization of funds raised Name of Listed Entity Riddhi Corporate Services Limited Mode of Fund Raising Public Issue Date of Raising Fund 22-06-2017 Amount Raised 12,35,00,000/- Report filed for Quarter Ended 30th June 2026 Monitoring Agency Not Applicable Monitoring Agency Name, If Applicable ----- Is there any Deviation / Variation in use of funds Yes raised If yes, Whether the same is pursuant to change Yes in terms of a contract or object, which was approved by the shareholders If Yes, Date of Shareholder approval 30-03-2026 Explanation for Deviation / Variation The funds which are untilised shall be used for Operational expenditure for payment of salaries and employee- related costs for key functional verticals such as Third-Party Logistics (3PL), transportation, field operations, digitization initiatives, Manpower/Human Resource management, back-office support and administrative assurance. (New Object) Comments of Audit Committee after review ---- Comments of auditors, if any ----- Objects for which funds have been raised and where there has been a deviation, in the following table (Rs. in Lakhs) Original Modified Object, If any Original Funds Utilized Modified Amount of Remarks if any Object Allocatio for Original allocation, If Deviation / n, If any Object any Variation for quarter according to applicable object Acquisitions Operational 223.00 5.00 (Balance 218.00 --- Balance and Other amount of the Amount is still expenditure for Strategic same is still with company payment of Initiatives unutilized with and required salaries and the company) to be utilized employee-related as per modified costs for key objective Capital functional 661.59 0.00 661.59 --- Amount is still Expenditure verticals such as with company Third-Party and required Logistics (3PL), to be utilized as per transportation, modified field operations, objective General digitization 300.00 0.00 300.00 --- Amount is still Corporate initiatives, with company Purpose and required Manpower/Huma to be utilized n Resource as per management, modified back-office objective support and administrative assurance. (New Object) Public Issue ----- 50.41 38.09 ----- 12.32 Balance Expenses Amount is still with company and required to be utilized A) 2nd Issue: Statement of Deviation / Variation in utilization of funds raised Name of Listed Entity Riddhi Corporate Services Limited Mode of Fund Raising Preferential issue Date of Raising Fund 24-01-2023 Amount Raised 70356000/- Report filed for Quarter Ended 30th June 2026 Monitoring Agency Not Applicable Monitoring Agency Name, If Applicable ----- Is there any Deviation / Variation in use of funds No raised If yes, Whether the same is pursuant to change ----- in terms of a contract or object, which was approved by the shareholders If Yes, Date of Shareholder approval ----- Explanation for Deviation / Variation ----- Comments of Audit Committee after review It may be noted that there is no deviation in the utilization of Issue proceeds of Preferential Issue. Comments of auditors, if any ----- Objects for which funds have been raised and where there has been a deviation, in the following table (Rs. in Lakhs) Original Modified Original Modified Funds Amount of Remarks if Object Object, If Allocation, allocatio Utilized Deviation / any any If any n, If any Variation for quarter according to applicable object General ----- 703.56 ----- 703.56 N.A. Total Corporate Amount Use utilized Deviation or variation could mean: (a) Deviation in the objects or purpose 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. It may be noted that there is no deviation in the utilization of Issue proceeds of IPO. The above Statements have been duly reviewed by Audit Committee of the company in its meeting. Kindly take the same on your record. Thanking you. FOR AND ON BEHALF OF RIDDHI CORPORATE SERVICES LIMITED MUSTAFA SIBATRA Compliance Officer & Company Secretary