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

August 14, 2026 Dept. of Corporate Services, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai- 400001, Bandra (E) Mumbai - 400 051, Maharashtra, India. Maharashtra, India. Scrip Code: 504341 Scrip Code: RELTD ISIN Code: INE206N01018 Dear Sir/Madam, Subject: Submission of Statement of Deviation or Variation in utilization of funds raised through preferential issue for Q1-FY2026-27 Pursuant to the provisions under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Statement of Deviation or Variation in utilization of funds raised through preferential issue for Q1-FY2026-27. The aforesaid statement is also being made available on the website of the Company at: www.ravindraenergy.com Kindly take the above information on record and disseminate the same for the information of the stakeholders. Thank you. Yours’ faithfully, FOR RAVINDRA ENERGY LIMITED Mr. Madhukar Shipurkar Company Secretary & Compliance Officer Membership No: A64947 Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P: +91-831-2406600 | CIN: L40104KA1980PLC075720 | W: www.ravindraenergy.com | E: contact@ravindraenergy.com 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 the Listed Entity Ravindra Energy Limited Mode of Fund Raising Preferential Issue of equity shares issued and allotted to persons belonging to Public Category Date of Raising Funds October 16, 2024 Amount Raised Total funds Rs. 179,99,99,162/- (Rounded off Rs. 180 Crores) Report filed for quarter ended Q1 FY2026-27 Monitoring Agency Yes, Applicable Monitoring Agency Name, if applicable India Ratings and Research Private Limited Is there a deviation/ Variation in use of fund No raised If yes, whether the same is pursuant to change Not Applicable in terms of contract or objects which was approved by the shareholder If Yes, Date of shareholder approval - Explanation for deviation / variation - Comments of the Audit Committee after - review Comments of the auditors, if any - Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P: +91-831-2406600 | CIN: L40104KA1980PLC075720 | W: www.ravindraenergy.com | E: contact@ravindraenergy.com Objects for which funds have been raised and where there has been a deviation, in the following table Modified Original Amount of Deviation/ Modified Object Allocation Funds Utilized Variation for the quarter Original Object allocation, if Remarks if any if any (Rs. In (Rs. In Crores) according to the applicable Crores) object Investment in Renewable Energy Business - Rs. 90 Crs Rs. 96 Crs Rs. 96 Crs 6 Crs Refer note no. 1 Investment in Electrical Vehicle Business - Rs. 60 Crs Rs. 54 Crs Rs. 54.01 Crs (5.99 Crs) Refer note no. 2 General Corporate Purpose Rs. 30 Crs - Rs. 30 Crs Rs. 29.99 Crs (0.01 Crs) - (No change) Total Rs. 180 Crs Rs. 180 Crs Rs. 180 Crs Rs. 180 Crs - In terms of the NSE Circular No. NSE/CML/2022/56 dated December 13, 2022 and the BSE Circular No. 0221213-47 dated December 13, 2022, the approval of members is already obtained for deviation of object up-to +/- 10% depending upon the future circumstances, given that the objects are based on management estimates and other commercial and technical factors. 1. In terms of BSE and NSE Circulars dated December 13, 2022, Modification in allocation of funds for the same objects for which it was raised with a deviation of up to 10% was already approved by shareholders and accordingly an additional Rs 6 Crs has been allocated. 2. In terms of BSE and NSE Circulars dated December 13, 2022, Modification in allocation of funds for the same objects for which it was raised with a deviation of up to 10% was already approved by shareholders and accordingly Rs 6 Crs has been less allocated from original allocated amount. Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India. P: +91-831-2406600 | CIN: L40104KA1980PLC075720 | W: www.ravindraenergy.com | E: contact@ravindraenergy.com