PIRAMAL PHARMA LIMITED — Capital/Financing Update 2023

Aug 3, 2023

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A. Statement of utilization of issue proceeds:

Name of theIssuer	ISIN	Mode of FundRaising(Publicissues/Privateplacement)	Type ofinstrument	Date ofraisingfunds	AmountRaised(Rs. incrores)	Fundsutilized(Rs. incrores)	Anydeviation(Yes / No)	If 8 is Yes,then specifythe purposeof for whichthe fundswere utilized	Remarks,if any
1	2	3	4	5	6	7	8	9	10
Piramal PharmaLimited	INE0DK507034	PrivatePlacement	Non-ConvertibleDebentures	03.10.2022	100	100	No	-	-
Total					100	100

Piramal Pharma Limited

CIN: U24297MH2020PLC338592

Registered Office: Gr. Flr. Piramal Ananta, Agastya Corporate Park, Opp Fire Brigade, Kamani Junction, LBS Marg, Kurla (West), Mumbai – 400070 India T +91 22 3802 3000 / 4000

piramal.com

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B. Statement of deviation / variation in utilization of funds raised

Particulars	Remarks	Remarks	Remarks	Remarks	Remarks	Remarks
Name of listed entity	Piramal Pharma Limited
Mode of fund raising	Private Placement
Type of instrument	Non-ConvertibleDebentures
Date of raising funds	As mentioned above in point no. A
Amount raised (Rs. in crores)
Report filed for quarter ended	30.06.2023
Is there a deviation / variation in use of funds raised?	No
Whether any approval is required to vary the objects ofthe issue stated in the prospectus/ offer document?	No
If yes, details of the approval so required?	N.A.
Date of approval
Explanation for the deviation / variation
Comments of the audit committee after review
Comments of the auditors, if any
Objects for which funds have been raised and where there has been a deviation / variation, in the following table
Original object	Modifiedobject, ifany	Originalallocation	Modifiedallocation,if any	Fundsutilized	Amount of deviation/variationfor the quarter according toapplicable object (in Rs.Crore and in %)	Remarks,if any
N.A., since there was no deviation in the utilization of funds from the objects stated in the offer documents
Deviation could mean:a) Deviation in the objects or purposes for which the funds have been raised.b) Deviation in the amount of funds actuallyutilized as against what was originallydisclosed.

Piramal Pharma Limited

CIN: U24297MH2020PLC338592

Registered Office: Gr. Flr. Piramal Ananta, Agastya Corporate Park, Opp Fire Brigade, Kamani Junction, LBS Marg, Kurla (West), Mumbai – 400070 India T +91 22 3802 3000 / 4000

piramal.com