Ceigall India Limited Files Monitoring Agency Report for Q4FY26

Ceigall India Limited has disclosed the Monitoring Agency Report for the quarter and year ended March 31, 2026, in compliance with Regulation 32(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The report, prepared by ICRA Limited, was reviewed by the company's Audit Committee during its meeting held on May 6, 2026. The filing confirms that the utilization of the IPO proceeds is consistent with the objects outlined in the offer document.

Issue Details and Utilization

The company had launched its Initial Public Offer with an issue size of INR 1252.663 Crore, comprising a fresh issue and an Offer for Sale (OFS). The net proceeds from the fresh issue amounted to INR 652.308 Crore, excluding issue-related expenses of INR 31.944 Crore. The monitoring agency verified that the deployment of these funds adheres to the proposed plans without any material deviation from the original disclosures.

Allocation of Net Proceeds

The net proceeds were allocated across three primary categories: the purchase of equipment, repayment of borrowings, and general corporate purposes. The following table details the utilization of these funds as per the report:

Item Head Original Cost [Rs. Crore] Revised Cost [Rs. Crore] Amount Utilized [Rs. Crore] Purchase of equipment 99.789 - 99.789 Repayment of borrowings (Company) 384.573 384.480 384.480 Repayment of borrowings (Subsidiary) 28.827 28.762 28.762 General corporate purposes 139.119 139.277 139.277 Total 652.308 652.308 652.308

General Corporate Purposes Deployment

A total of INR 139.277 Crore was utilized for general corporate purposes. These funds were directed towards equity infusion and investments in specific project vehicles, including Ceigall Northern Ayodhya Bypass Pvt Ltd and Ceigall Infra Projects Private Limited. Additionally, unsecured loans were provided to Ceigall Ayodhya Bypass Pvt Ltd to support project development activities.

Implementation Status and Unutilized Funds

The report indicates that all major objects, including the purchase of equipment and repayment of debt, are on schedule as per the timelines defined in the offer document. As of the end of the quarter, there were no unutilized proceeds remaining in the public offer or monitoring accounts. A surplus of INR 0.668 crore from issue-related expenses was transferred to the company's operational bank account and used for other operational purposes.

Ceigall India Limited has filed a regulatory disclosure with BSE Limited and the National Stock Exchange of India Limited, dated 07-05-2026, identifying the Key Managerial Personnel (KMPs) authorized by its Board of Directors for determining the materiality of events or information. The disclosure has been made pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to designate specific personnel responsible for making requisite disclosures to stock exchanges.

Authorized Key Managerial Personnel

The company has designated four senior officials who are empowered to assess the materiality of events or information and ensure timely disclosures to the stock exchanges in accordance with Regulation 30 of the SEBI Listing Regulations. The details of the authorized KMPs are as follows:

Sr. No.: Name Designation 1. Ayyalusamy Saravanan Chief Executive Officer 2. Kapil Aggarwal Chief Financial Officer 3. Megha Kainth Company Secretary & Compliance Officer 4. Akshay Jain Vice President (Strategy & Planning)

Contact and Communication Details

For correspondence related to regulatory disclosures, the company has provided the following contact information associated with the authorized KMPs:

Address: C/o Ceigall India Limited, A-898, Tagore Nagar, Ludhiana, Punjab – 141001

Phone: 0124-4206978

Email: Secretarial@ceigall.com

Website: www.ceigall.com

Regulatory Compliance

The disclosure was submitted on behalf of Ceigall India Limited and digitally signed by Megha Kainth, Company Secretary (Membership No: F7639), on 07-05-2026. The company has stated that the information is also available on its official website at www.ceigall.com . Both exchanges have been requested to take the information on record in accordance with applicable regulatory requirements.

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