Monitoring Agency Report for quarter ended June 30, 2026

Sharvaya T METALS LTD. BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 544506 Sub: Monitoring Agency Report for the quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulations 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Infomerics Valuation and Rating Limited, Monitoring Agency, in respect of the utilization of proceeds raised by the Company through the issue of equity shares pursuant to its Initial Public Offer (IPO) The above information shall be available on the Company's website at www.sharvayametals.com Please take the above document and information on record. Thanking you. DIN: 06787617 Managing Director Date: 21/08/2026 Place: Ahilyanagar Registered Office & Factory Address.: Gat No. 59, 17th KM Stone, Nagar-Kalyan Highway, Village Bhalwani, Taluka - Parner, District - Ahilyanagar. Pin Code - 414 302. Maharashtra, INDIA. Email - info@sharvayametals.com, sharvayametals@gmail.com Website - www.sharvayametals.com Contact - +91- 9175448175 CIN NO. L27310PN2014PLC150937 Monitoring Agency Report for Sharvaya Metals Limited for the quarter ended June 30, 2026 Infornerics Ratings SEB1 REGISTERED / MBIt ACCREDITED/ NSIC Monitoring Agency Report August 18%, 2026 Sharvaya Metals Limited Gat No.59, 17% KM stone, Nagar — Kalyan Highway, Village Bhalwani, Taluka — Parner — District — Ahilyanagar Maharashtra - 414103 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Sharvaya Metals Limited (“The Company”) ‘We write in our capacity of Monitoring Agency for the Initial Public Offering (IPO) for the amount aggregating to Rs.58.80 crore of the Company and refer to our duties cast under 41 of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated May 21%, 2025. Request you to kindly take the same on records. Thanking you, For and on behalf of Infomerics Valuation and Rating Limited Director Ratings — Mr. Sudarshan Shreenivas * Informerics Ratings SEB1 REGISTERED / R8I ACCREDITED/ Wi Report of the Monitoring Agency Name of the Issuer: Sharvaya Metals Limited For quarter ended: June 30%, 2026 Name of the Monitoring Agency: Infomerics Valuation and Rating Limited (a) Deviation from the objects: Nil (b) Range of Deviation: Nil Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects. For example, up to 10%, 10 —25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * Range of Deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. Declaration: ‘We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The Monitoring Agency (MA) does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user oft his report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. * Informerics Ratings SEB1 REGISTERED / R8I ACCREDITED/ Wi We declare that we do not have any direct / indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship / interest while monitoring and reporting the utilization of issue proceeds by the issuer. ‘We further declare that this report provides true and fair view of the utilization of issue proceeds. Signature: Name of the Authorized Person/Signing Authority: Mr. Sudarshan Shreenivas Designation of Authorized person/Signing Authority: Director - Ratings Seal of the Monitoring Agency: Date: August 18%, 2026 (e Mornercs Ratings gparyaya Metals Limited (SML) CGISTERED / R8I ACCREDITED/ NSiC ® & @ imwaneiir CReo KATING AGINGY IPO Monitoring 1) Issuer Details: Name of the issuer: Sharvaya Metals Limited Names of the promoters of the issuer: 1. Shreyans Ravindra Katariya Industry/sector to which it belongs: The Company operates in the aluminium manufacturing segment, engaged in the production and supply of alloyed ingots, billets, slabs, sheets, circles and EV battery housings. Its products cater to diverse end-use industries including automotive, electric vehicles, cookware, consumer appliances, defence, aviation, extrusions and construction. The Company serves domestic and international OEMs through its manufacturing facility in Ahmednagar, Maharashtra, with a focus on quality standards and customised solutions. 2) Issue Details: Issue Period: September 04, 2025, to September 09, 2025 Type of issue (public/rights): Public Issue Type of specified securities: Equity shares Grading: Not Applicable Issue size (Rs in Crores): Rs. 58.80 crore (Refer Note 1 and Note 2 below) : Informerics Ratings SEBI REGI/ RSBI ATCCREEDIRTEDE / NDSIC. @ EMPACRENDITE RALTINLG AEGEDNCY Note 1 The initial public issue of Sharvaya Metals Limited comprises 30,00,000 equity shares of face value Rs. 10 each, offered at an issue price of Rs. 196 per share (including a premium of Rs. 186), aggregating to Rs. 58.80 crore. The issue consists of a fresh issue of 25,00,000 equity shares amounting to Rs. 49.00 crore and an offer for sale of 5,00,000 equity shares aggregating to Rs. 9.80 crore by the promoter selling shareholder. Note 2 Gross Proceeds of the Issue 49.00 Less: Issue Related Expenses 7.13* Net Proceeds of the Issue 41.87 *Issue related expenses estimated as per the Prospectus were Rs.7.13 crore. However, out of the estimated Rs.7.13 crore, the Company has utilized Rs.6.49 crore towards issue related expenses. The balance amount of Rs.0.64 crore remains unutilized and is lying in the Monitoring Account as on the reporting date June 30, 2026. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: ‘Whether all the utilization is as per Yes ank Statements, CA Certificate, No comments Not Applicable disclosure in Offer Document? Invoices, Purchase Orders / Contracts with Vendors ‘Whether Shareholder approval is Not applicable as no NA No Comments Not Applicable obtained in case of material deviations deviations observed : Informerics Ratings SEBI REGI/ RSBI ATCCREEDIRTEDE / NDSIC. @ EMPACRENDITE RALTINLG AEGENDCY from expenditures disclosed in Offer Document? ‘Whether means of finance for There is no change in NA No Comments Not Applicable disclosed objects of the Issue has means of finance changed? Any major deviation observed over the Not Applicable Not Applicable Not Applicable Not Applicable earlier monitoring agency reports? ‘Whether all Government / Statutory Yes Princ [Showing first 8,000 characters — download PDF for full document]