Niraj Cement Structurals Limited — Capital/Financing Update 2025

Aug 13, 2025

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Date: 13[th] August, 2025

To,

The Corporate Relations Department. BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Script Code: 532986	National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex, Bandra East Mumbai 400 051 Script Symbol : NIRAJ

Dear Sir/Madam

Sub: - Disclosure in terms of Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Statement of deviation or variation

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant SEBI Circular, We hereby confirm that there is no deviation or variation in the use of funds raised through Preferential Issue of Equity Shares and Convertible Warrants from the objects stated in the Offer documents and Explanatory Statement to the Notice of Extra-Ordinary General Meeting of the Company dated October 10, 2024 for the quarter ended 30[th] June, 2025, duly reviewed by the Audit Committee of the Company in its meeting held on 13[th] August, 2025 is enclosed as Annexure I .

You are requested to take the above on your record.

Yours Faithfully,

For Niraj Cement Structurals Limited

ANIL Digitally signed by ANIL ANANT ANANT JHA Date: 2025.08.13 JHA 21:00:19 +05'30' Anil Anant Jha Company Secretary & Compliance Officer ACS 66063

CIN: L26940MH1998PLC114307 HEAD OFFICE: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, ST Road, Nr. R K Studio, D G Patil Road, Mumbai - 400088 Tel.: 66027100 Fax: 25518736 E-mail: info@niraj.co.in Website: www.niraj.co.in

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Annexure I

Statement of Deviation / Variation in utilization of funds raised.

Particular	Particular	Particular	Particular	Details	Details	Details
Name of listed entity				NirajCement Structurals Limited
Mode of Fund Raising				Preferential Issue
Date of RaisingFunds				10.10.2024
Amount Raised				Rs. 103.56 Crores
Report filed forQuarter ended				30.06.2025
MonitoringAgency				Yes
MonitoringAgencyName,if applicable				CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised				No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved bythe shareholders				N.A.
If Yes,Date of shareholder Approval				N.A.
Explanation for the Deviation/Variation				N.A.
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 following table				where there has been a deviation, in the
Original Object	Modified Object, if any	Original Allocatio n (in Rs. Crores)	Modified Allocation, if any (in Rs. Crores)	Funds Utilized (in Rs. Crores)	Amount of Deviation/Vari ation for the quarter according to applicable object	Remarks, if any
Working Capital Requiremen ts	N.A.	37.57	29.31	29.31	NA	Due to under subscripti on and as per in principle approval of the stock exchange, the cost of the objects are also
To meet investment in subsidiary to mitigate any business prospects	N.A.	62.00	48.37	48.37	NA
General	N.A.	33.19	25.88	25.88	NA

CIN: L26940MH1998PLC114307

HEAD OFFICE: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, ST Road, Nr. R K Studio, D G Patil Road, Mumbai - 400088 Tel.: 66027100 Fax: 25518736 E-mail: info@niraj.co.in Website: www.niraj.co.in

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Corporate Purposes						reduced in the same proportio n as was disclosed in the Letter of Offer
Total		132.76	103.56	103.56	NA

Deviation or variation could mean:

a. Deviation in the objects or purposes for which the funds have been raised or

b. Deviation in the amount of funds actually utilized as against what was originally disclosed or c. Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc.

For Niraj Cement Structurals Limited

Digitally signed by ANIL ANIL ANANT JHA ANANT JHA Date: 2025.08.13 21:00:49 +05'30'

Anil Anant Jha

Company Secretary & Compliance Officer ACS 66063

CIN: L26940MH1998PLC114307 HEAD OFFICE: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, ST Road, Nr. R K Studio, D G Patil Road, Mumbai - 400088 Tel.: 66027100 Fax: 25518736 E-mail: info@niraj.co.in Website: www.niraj.co.in

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CIN: L26940MH1998PLC114307 HEAD OFFICE: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, ST Road, Nr. R K Studio, D G Patil Road, Mumbai - 400088 Tel.: 66027100 Fax: 25518736 E-mail: info@niraj.co.in Website: www.niraj.co.in