GEE Ltd. — Audit Report / Information 2026

May 21, 2026

GWELD SEAL OF TRUST

To,
Listing & Compliance Department,
BSE Limited
1st Floor, P.J. Towers,
Dalal Street, Fort,
Mumbai: 400001

Date: 21.05.2026

Sub: Clarification / Continuation to our Outcome of Board Meeting Letter dated 15th May, 2026 – Inadvertent omission of Certificate from Statutory Auditor

Reference: GEE LTD (GEE) Scrip Code: 504028

This is in continuation to our corporate announcement/outcome of board meeting, letter dated 15th May, 2026 filed with the Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Due to an inadvertent oversight, the Certificate issued by Statutory Auditor – End use of the proceeds raised through issue of preferential warrants was not attached to the aforementioned outcome submission.

We sincerely regret this unintentional omission and confirm that there was no deliberate intention to withhold this information. To rectify this oversight, we are now enclosing the same along with this letter.

We humbly request your good office to take the same on record and disseminate it accordingly. We assure you that our team will exercise utmost caution to prevent such procedural lapses in future filings.

We request you to take the same on record.

Thanking you,

Yours Sincerely,

For GEE Limited

UMESH AGARWA
Digitally signed by UMISH AGARWA
Date: 2026.05.21 16:08:42 +05'30'

Umesh Agarwal
Joint Managing Director
DIN: 01209962

Encl: As Above

GEE Limited
REGISTERED OFFICE
Plot No. E-1, Road No.7,
Wagle Industrial Estate,
Thane 400 604, Maharashtra, India
P: +91-02225820619 | F: +91 22 2582 8938
W: www.geelimited.com
CIN: L99999MH1960PLC011879
KALYAN PLANT
Plot No. B-12 MIDC,
Kalyan Bhiwandi Road,
Saravli, Kalyan 421311, Thane,
Maharashtra, India
P: +91 25 2228 0358/281176/90
F: +91 25 2228 1199
E: geeba@geelimited.com

---

CA INDIA

SAPD & ASSOCIATES

CHARTERED ACCOUNTANTS

"Kankaria Estates"

6, Little Russel Street

7th Floor, Kolkata - 700 071

Phone : 4050-5850 / 5857

E-mail : sapd.associates2014@gmail.com

To,

M/s Gee Limited

Plot No. E-1, Road No. 7

Wagle Industrial Estate

Thane – 400604

Maharashtra

Independent Auditor’s Certificate on End use of the proceeds raised through the issue of preferential warrants

1. This certificate is issued in accordance with the terms of our engagement dated 15th May 2026.

2. Gee Limited (“the Company”) (CIN: L99999MII1960PLC011879) has requested to certify the utilisations of the proceeds raised through issue of 51,00,000 Preferential Convertible Warrants at ₹ 80 per warrant (including premium of ₹ 78), in compliance with SEBI(ICDR) Regulation, 2018.

Management Responsibility for the Statement

1. The preparation of the Statement is the responsibility of the company, including the preparation and maintenance of all accounting and other relevant supporting records and documents. This includes design, implementation and maintenance of internal controls relevant to the preparation and presentation of the certificate that give a true and fair view and are free from material misstatements, whether due to fraud or error and applying an appropriate basis of preparation; and making estimates that are reasonable in the circumstance.

Accountant’s Responsibility

1. It is our responsibility to provide a limited assurance and conclude whether on our examination of books and other relevant records maintained by the company and produced for our examination, whether anything has come to our attention that causes us to believe that the amounts stated in the certificate has not been accurately derived from the records and books of account and is not arithmetically correct.

2. We conducted our examination in accordance with the Guidance Note on Reports or Certificates for Special Purposes (Revised 2016) (Guidance Note) issued by the Institute of Chartered Accountants of India. The Guidance Note requires that we comply with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI).

3. We have complied with the relevant applicable requirements of the Standard on Quality Control (SQC) 1, Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements, issued by ICAI.

4. The procedure performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement; and consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. The procedure selected depend on the accountant's judgement, including the areas where a material misstatement of the subject matter information is likely to arise.

SAPD & ASSOCIATES

---

We have performed the following procedures in relation to the Statement:

a. Obtained documents pertaining to the issue of said warrants.
b. Obtained the Bank statement showing the utilisation of the proceeds.

We make no representation regarding the sufficiency of the procedures described above either for the purpose for which this has been requested or for any other purpose.

Opinion

1. Based on the records and representations provided by the management, we certify that the said proceeds are intended to be utilised for the following purposes:

Sr. No.	Particulars	Total estimated amount to be utilised for each of the Objects* (Rs. In Crores)
1.	Working capital Purpose	10.20
	Total proceeds	10.20

Restriction on Use

1. This report is addressed and provided to the management of GEE Limited (“The Company”) solely for the purpose of submission in Bombay Stock Exchange (BSE). Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this report is shown or into whose hands it may come without our prior consent in writing.

FOR SAPD & ASSOCIATES
Chartered Accountants
Firm’s Registration Number: 327271E

CA SANKAR GARG
Partner
Membership Number: 069240

Place: Kolkata
Date- The 16th day of May 2026.
UDIN - 26069240VZYQRA3761