MODULEX CONSTRUCTION TECHNOLOGIES LIMITED — Capital/Financing Update 2025

Aug 12, 2025

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12[th] August, 2025 Ref.: MCTL/2025-26/BSE-025

To, The Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001.

Security ID: MODULEX

Scrip Code: 504273

Sub: Statement of devia�on(s) or varia�on(s) in the use of proceeds of allotment of warrants on preferen�al basis under Regula�on 32 of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 (“SEBI Lis�ng Regula�ons”).

Dear Sir/Madam,

Pursuant to Regula�on 32 of the Securi�es Exchange Board of India (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, (‘Lis�ng Regula�ons’) read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November , 2024, we hereby confirm that there was no devia�on or varia�on in the use of proceeds of funds raised through Preferen�al issue of Warrants , from the objects stated in explanatory statement to the no�ce of Extra Ordinary General mee�ng dated 13[th] November, 2024.

A Statement of devia�on or varia�on for the quarter ended 30[th] June, 2025, was reviewed by the Audit Commi�ee of the Company at its mee�ng held on 12[th] August, 2025 as required under Regula�on 32(3) of the Lis�ng Regula�ons. The same is enclosed herewith in the prescribed format.

You are requested to kindly take the same on records.

For Modulex Construc�on Technologies Limited

Bhoomi Digitally signed by Bhoomi Mewada Mewada Date: 2025.08.12 16:07:28 +05'30'

Bhoomi Mewada Company Secretary and Compliance Officer

Encl: As above

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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STATEMENT ON DEVIATION OR VARIATION FOR THE PROCEEDS OF PREFRENTIAL ISSUE

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Statement on Deviation/ Variation in utilization of funds raised
Name of listed entity Modulex Construction Technologies Limited
Mode of Fund Raising Preferential Issue of warrants
Date of Raising Funds 18 [th] December 2024, 01 [st] January, 2025 and
25 [th] April, 2025
Amount Raised Rs.33,46,24,995
Amount received on application and call money Rs.31,98,11,357
Report filed for Quarter ended 30 [th] June,2025
Monitoring Agency Not applicable
Monitoring Agency Name, if applicable Not applicable
Is there a Deviation/ Variation in use of funds raised No
If yes, whether the same is pursuant to change in NA Not applicable
terms of a contract or objects, which was approved
by the shareholders
If Yes, Date of shareholder Approval Not applicable
Explanation for the Deviation/ Variation Not applicable
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No comments
Objects for which funds have been raised and where there has been a deviation, in the following
table
Original Object Modified Original Allocation Modified Funds Utilized Amount of Remark
Object, if Allocatio Deviation/V if any
any n if any ariation for
the quarter
according to
applicable
objectjectect
The Company NA Rs.5,26,02,628.50 0 Rs.31,12,29,894 Nil NA
utilized the Rs.11,47,09,871
proceeds from and
the preferential Rs. 15,24,98,751
issue of
Warrants as a
loan to its
Subsidiary
Company i.e.
MMBPL for the
construction of
the factory at
Indapur, Pune,
Maharashtra.
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or ) Deviation in the objects or purposes for which the funds have been raised or Deviation in the objects or purposes for which the funds have been raised or jects or purposes for which the funds have been raised or ects or purposes for which the funds have been raised or purposes for which the funds have been raised or urposes for which the funds have been raised or poses for which the funds have been raised or oses for which the funds have been raised or
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Objects for which funds have been raised and where there has been a deviation, in the following
table
Original Object Modified Original Allocation Modified Funds Utilized Amount of Remark
Object, if Allocatio Deviation/V if any
any n if any ariation for
the quarter
according to
applicable
objectjectect
The Company NA Rs.5,26,02,628.50 0 Rs.31,12,29,894 Nil NA
utilized the Rs.11,47,09,871
proceeds from and
the preferential Rs. 15,24,98,751
issue of
Warrants as a
loan to its
Subsidiary
Company i.e.
MMBPL for the
construction of
the factory at
Indapur, Pune,
Maharashtra.
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or ) Deviation in the objects or purposes for which the funds have been raised or Deviation in the objects or purposes for which the funds have been raised or jects or purposes for which the funds have been raised or ects or purposes for which the funds have been raised or purposes for which the funds have been raised or urposes for which the funds have been raised or poses for which the funds have been raised or oses for which the funds have been raised or
(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
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Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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(c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc.

For Modulex Construction Technologies Limited

JAYESH Digitally signed by JAYESH NARENDRA NARENDRA SHETH Date: 2025.08.12 15:55:53 SHETH +05'30' Jayesh Sheth Executive Director- Finance

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061