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

7/Govt/SE/2026-27/0038 17th August, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Department of Corporate Service Plot No. C/1, G Block, Bandra-Kurla Phiroze Jeejeebhoy Towers Complex, Bandra (East), 25th Floor, Dalal Street Mumbai 400 051 Mumbai - 400 001 Trading Symbol: PAKKA Scrip Code: 516030 Sub: Corrigendum to the Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, This is in continuation of the Company’s disclosure made vide Letter No. 7/Govt/SE/2026-27/0037 dated 15th August, 2026 regarding the Statement of Deviation or Variation in the utilization of funds raised through the Preferential Issue for the quarter ended 30th June, 2026. Due to inadvertent errors in the notes forming part of the aforesaid statement, the upfront warrant payment was stated as “24%” instead of “25%”, and the warrant allottees were described as belonging to the “non-promoter category” instead of the “Promoters’ Group category”. It is hereby clarified that, out of the 90.90 lakh warrants approved by the shareholders, the Company allotted 77 lakh fully convertible warrants to persons/entities belonging to the Promoters’ Group category at ₹110 per warrant, aggregating to ₹84.70 crore. The Company received ₹21.175 crore (rounded to ₹21.18 crore), representing 25% of the issue price or ₹27.50 per warrant, as upfront payment. The balance ₹82.50 per warrant is payable in accordance with the applicable terms of the issue. The revised statement incorporating these corrections is enclosed and shall be read as an integral part of the disclosure dated 15th August, 2026. Except for the corrections stated herein, its substantive contents remain unchanged. Kindly take the above clarification on record. Yours faithfully, for Pakka Limited Sachin Kumar Srivastava Company Secretary & Corporate Finance Head Encl: As above STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED Name of listed entity Pakka Limited Mode of Fund Raising Preferential Issue Date of Raising Funds (June 09, 2026) (Date of Allotment) Amount Raised ₹51.10 crore received up to June 30, 2026 (against an aggregate issue size of ₹114.62 crore) Report filed for Quarter ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Brickwork Ratings India Private Limited Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to a change in the terms of a Not Applicable contract or the objects, which was approved by the shareholders If yes, date of shareholders’ approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review None Comments of the auditors, if any None Set forth below are objects for which funds have been raised in the Preferential Issue and details of deviation, if any, in the following table: Original Object Modified Original Modified Funds Amount of Remarks, if Object, if Allocation Allocation, Utilised Deviation/ any any (₹ in if any (₹ in Variation Crores) Crores) for Quarter according applicable object Investment in Jagriti Project - 114.62 - 51.10 NIL - Total - 114.62 - 51.10 - - Notes: 1. The Company allotted 27.20 lakh equity shares to persons belonging to the non-promoter category at ₹110 per share, aggregating to ₹29.92 crore. Out of the 90.90 lakh fully convertible warrants approved by the shareholders, the Company allotted 77 lakh warrants to persons/entities belonging to the Promoters’ Group category at ₹110 per warrant, aggregating to ₹84.70 crore. The aggregate issue size in respect of the securities allotted was ₹114.62 crore. 2. As at June 30, 2026, the Company had received ₹21.175 crore (rounded to ₹21.18 crore), representing 25% of the warrant issue price or ₹27.50 per warrant, as upfront payment for the 77 lakh warrants allotted. The balance ₹82.50 per warrant is payable within the applicable period from the date of allotment. The Company had also received the entire equity-share consideration of ₹29.92 crore. Accordingly, the total amount received up to June 30, 2026 was ₹51.095 crore (rounded to ₹51.10 crore), which had been fully utilized as at that date. 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 the terms of a contract referred to in the fund-raising document, i.e., prospectus, letter of offer, etc. Yours faithfully, for Pakka Limited Sachin Kumar Srivastava Company Secretary & Corporate Finance Head The Board of Directors Pakka Limited 312, Plaza Kalpana Society , 24/147, B-49, Birhana Road Kanpur , Uttar Pradesh - 208001 Certification on the Statement of utilization of funds raised through preferential allotment of equity shares by Pakka Limited pursuant to the requirement of Regulation 169(5) of Part VI of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended) Purpose 1. This certificate is issued in terms of mail received on 12th August 2026 from Pakka Limited, having its registered office at 312, Plaza Kalpana Society, 24/147, B-49, Birhana Road, Kanpur–208 001, Uttar Pradesh, India requiring us to certify the Statement of utilization/deployment of funds raised through preferential allotment of equity shares / warrants for onward submission to the Monitoring Agency. 2. The accompanying statement of utilization / deployment of funds raised through preferential allotment of equity shares / warrants given in Annexure A ("the Statement") is certified by the management and is initialed by us for identification purposes. Management's Responsibility 3. The preparation of the Statement is the responsibility of the Management of the Company including the preparation and maintenance of all accounting and other relevant supporting records and documents. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the Statement and applying an appropriate basis of preparation; and making estimates that are reasonable in the circumstances. 4. The Management is also responsible for ensuring that the details in the Statement have been correctly extracted from the unaudited books of account. Auditor’s Responsibility 5. We have verified the unaudited books of account and other relevant records of Pakka Limited (“the Company”), as at 30th June 2026 in connection with the utilization / deployment of funds raised through preferential allotment of equity shares / warrants as per and towards the objects of the issue. 6. We have verified the details of the utilization / deployment of the of funds raised through preferential allotment of equity shares / warrants submitted by the Company as per Annexure A to this certificate, initialed by us for identification purposes only, based on the unaudited books of account and relevant records referred to in paragraph 5 above. We have agreed the amounts included in the Annexure with the unaudited books of account and relevant records of the Company as at 30th June 2026. We have verified the accuracy of the details given in the Statement. Our responsibility is to verify the factual accuracy of the details stated in the said Annexure A. 7. It is our responsibility to provide reasonable assurance that the amounts in the Statement that form part of the of utilization of funds raised through preferential allotment of equity shares / warrants have been correctly extracted from the unaudited books of account as at 30th June 2026 and that 3rd Floor, Mistry Bhavan, Dinshaw Vachha Road, Churchgate, Mumbai 400 020, India. Tel: +91 22 6623 0600 501-502, Narain Chambers, M.G. Road, Vile Parle (E), Mumbai 400 057, India. Tel: +91 22 [Showing first 8,000 characters — download PDF for full document]