JUPITER WAGONS LIMITED — Capital/Financing Update 2024

Jul 30, 2024

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July 30, 2024

To, The Corporate Relationship Department, The Manager, Listing Department, BSE Limited , National Stock Exchange of India Limited , Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. Security Code: 533272 NSE Symbol : JWL

Sub: Statement of Deviation or Variation in utilization of funds raised through preferential issue of Convertible Warrants of the Company for the quarter ended June 30, 2024.

Dear Sir,

Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Statement of Deviation or Variation in utilization of funds raised through preferential issue of Convertible Warrants of the Company for the quarter ended June 30, 2024.

You are requested to take the above information on record.

Yours Faithfully, For Jupiter Wagons Limited

Digitally signed by RITESH RITESH KUMAR SINGH KUMAR SINGH Date: 2024.07.30 15:20:10 +05'30'

Ritesh Kumar Singh Company Secretary and Compliance Officer

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A. Statement of Deviation/ Variation in use of proceeds:

A. Statement of Deviation/ Variation in use of proceeds:	A. Statement of Deviation/ Variation in use of proceeds:	A. Statement of Deviation/ Variation in use of proceeds:	A. Statement of Deviation/ Variation in use of proceeds:
Name of the Listed Entity				Jupiter Wagons Limited
Mode of Fund Raising				Issue of Convertible Warrants of the Company by way of Preferential Issue.
Date of Raising Funds				28thJune, 2024 (Receipt of money) 29thJune, 2024 (Date of Allotment)
Amount Raised				Rs. 33.75 Crores (i.e. 25% of the issue size of Rs. 135 Crores)
Report filedforquarterended				30th June,2024
MonitoringAgency				Yes
MonitoringAgencyName,if applicable				CareRatingsLimited
Isthereadeviation/ Variation inuse of fundraised				No
If yes, whether the same is pursuant to change in terms of contract or objects which was approved by the shareholder				Not Applicable
If Yes,Date of shareholder approval				Not Applicable
Explanation for deviation / variation				Not Applicable
Comments of the Audit Committee after review				None
Comments of the auditor,If any				None
Object for which funds have been raised and where there has been deviation, in the following table:
Original Object	Modified Object, if any	Original Allocation (Rs. In Crores)	Modified allocation, if any		Funds Utilised (Rs. In Crores)	Amount of Deviation/ Variation for the quarter according to the applicable object	Remarks if any
Investment in Subsidiary – For Investment in one of the subsidiaries, namely Bonatrans India Private Limited for the purposes of its working capital requirements.	No	33.75	No		NIL	NIL	-

RITESH Digitally signed by RITESH KUMAR KUMAR SINGH SINGH Date: 2024.07.30 15:20:43 +05'30'

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