TITAN INTECH LIMITED — Capital/Financing Update 2026

Feb 11, 2026

CIN. No: L72200AP1984PLC004380

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Date: February 11, 2026

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To,

Corporate Service Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

Scrip Code: 521005 ISIN: INE807M01031

Dear Sir/Madam,

Subject: Submission of Monitoring Agency Report in respect of utilization of proceeds of the Rights Issue of Titan Intech Limited for the quarter ended December 31, 2025

Pursuant to Regulation 82(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ SEBI ICDR Regulations ”) and Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI LODR Regulations ”), please find enclosed herewith the Monitoring Agency Report dated 11[th] February 2026 issued by Acuité Ratings and Research Limited, Monitoring Agency, with respect to the utilization of proceeds of the Rights Issue of Titan Intech Limited for the quarter ended December 31, 2025.

As noted in the Monitoring Agency Report:

The utilization of Rights Issue proceeds is in line with the objects stated in the Offer Document; No deviation or variation from the disclosed objects has been observed; and

The Company continues to maintain disciplined deployment and monitoring of funds in accordance with applicable regulatory requirements and stated business objectives.

The submission is being made in compliance with applicable SEBI regulations for dissemination to stakeholders and for maintaining transparency with investors.

You are requested to kindly take the above information on record.

Thanking you,

Yours faithfully, For Titan Intech Limited

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Mangala Sachin Savla Company Secretary & Compliance Officer

Encl.: Monitoring Agency Report issued by Acuité Ratings and Research Limited

Corporate Office: # 404, 4th Floor, Lifestyle Building Begumpet, Hyderabad Telangana State - 500016 India.

Registered Office: 5th Floor, # 54-1-7/21, Panchajanya, Vijayalakshmi colony, Road No. 2, Gunadala, Vijayawada. Andhra Pradesh, India- 520007

www.ttanintech.in Ph: +91 87908 14671 Email: info@titanintech.in

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Report of the Monitoring Agency (MA)

Name of the issuer : Titan Intech Limited For quarter ended : Q3 FY2025-26 Name of the Monitoring Agency : Acuité Ratings and Research Limited (a) Deviation from the objects : No deviation is observed. (b) Range of Deviation : Not applicable. (c) Any other material fact to be highlighted : None.

Declaration :

We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013.

The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity.

We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board.

Digitally signed Vikas Y by Vikas Y Mishra Date: 2026.02.11 Mishra 15:19:27 +05'30'

Signature :

Vikas Mishra Deputy Vice President - Process Excellence

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Report Date: February 11, 2026

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1. Issuer Details:

Name of the issuer : Titan Intech Limited

Names of the promoter:

Promoters Pinnamaneni Estates Private Limited Industry/sector to which it belongs : IT Enabled Services / Information Technology

2. Issue Details:

Issue Period : November 10, 2025, to November 19, 2025 Type of issue : Rights Issue Type of specified securities : Equity Shares IPO Grading, if any : Not applicable Issue size (INR Crore) : INR 49.14 crores*

* Refer the below table for Net Proceeds.

Particulars	Original cost (as per the Offer Document) [INR Crore]	Amount raised [INR Crore]**
Gross Proceeds	49.14	48.78
Less: Issue Related Expenses	4.19	4.19
Net Proceeds	44.95	44.59

**Reflects total gross proceeds raised, considering valid applications for the rights issue.

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Report Date: February 11, 2026

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3. Details of the arrangement made to ensure the monitoring of issue proceeds

Particulars	Reply from the issuer	Source of information/ certifications considered by Monitoring Agency for preparation of report	Comments of the Monitoring Agency	Comments the Board of Directors
1. Whether all utilization is as per the disclosures in the Offer Document?	Yes	Documents provided by the issuer: Fixed Deposit Certificates, Bank Statements and Statutory Auditors Certificate, etc.	Yes, utilizations in the respective objects are as per disclosures by the company.	Yes
2. Whether shareholder approval has been obtained in case of material deviations from expenditures disclosed in the Offer Document?	No		Material deviation is not observed.	Not Applicable
3. Whether the means of finance for the disclosed objects of the issue has changed?	No		No change is observed.	Not Applicable
4. Is there any major deviation observed over the earlier monitoring agency reports?	No		The issuer has not appointed any other Monitoring Agency for these objects earlier.	Not Applicable
5. Whether all Government/statutory approvals related to the object(s) have been obtained?	No		Government / Statutory approval is not required for the objects.	Not Applicable
6. Whether all arrangements pertaining to technical assistance/collaboration are in operation?	No		Arrangement pertaining to technical assistance / collaboration is not required with reference to the objects.	Not Applicable
7. Are there any favorable events improving the viability of these object(s)?	No		No favorable event is observed that may improve the viability of these objects.	None
8. Are there any unfavorable events affecting the viability of the object(s)?	No		No unfavorable event is observed affecting the viability of these objects.	None
9. Is there any other relevant information that may materially affect the decision making of the investors?	No		No relevant information is evident that may materially affect the decision making of the investors.	None

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Report Date: February 11, 2026

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4. Details of object(s) to be monitored:

• i. Cost of object(s)

Sr. No.	Item Head	Source of information / certifications considered by Monitoring Agency for preparation of report	Original cost (as per the Offer Document) [INR Crore]	Revised Cost [INR Crore]	Comments of the Monitoring Agency	Comments of the Board of Directors	Comments of the Board of Directors	Comments of the Board of Directors
						Reason of Cost revision	Proposed financing option	Particulars of firm arrangement
1	Working Capital Requirements	Documents provided by the issuer: Fixed Deposit Certificates, Bank Statements and Statutory Auditors Certificate, etc.	36.41	-	No change is observed.	None	None	None
2	Funding expenditure for General Corporate Purposes		8.54	-	No change is observed.	None	None	None
	Total		44.95	-

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Report Date: February 11, 2026

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ii. Progress in the object(s) –

Sr. No.	Item Heads	Source of information / certifications considered by the Monitoring Agency for the preparation of report	Amount as proposed in the Offer Document (INR Crore)	Amount raised (INR Crore) **	Amount utilized [INR Crore]	Amount utilized [INR Crore]	Amount utilized [INR Crore]	Total unutilized	Comments of the Monitoring Agency	Comments of the Issuer’s Board of Directors	Comments of the Issuer’s Board of Directors
						[INR Crore]
					As at beginning of the quarter					Reasons for idle funds	Proposed course of action
								amount
							At the
						During		[INR
							end of
						the quarter		Crore] *
							the
							quarter
1	Working Capital Requirements	Documents provided by the issuer: Fixed Deposit Certificates, Bank Statements and Statutory Auditors Certificate*, etc.	36.41	36.05	-	7.27	7.27	28.78	The company has utilised INR 7.27 crores towards this object.	None	Will be utilised as per terms of Letter of Offer
2	Funding expenditure for General Corporate Purposes		8.54	8.54	-	6.82	6.82	1.72	The company has utilised INR 6.82 crores towards this object.	None	Will be utilised as per terms of Letter of Offer
	Total		44.95	44.59	-	14.09	14.09	30.50

• *Certificate dated January 30, 2026 – issued by SMV & Co. (Firm Registration Number: 015630S).

• **Reflects the net proceeds raised considering valid applications for the rights issue.

• ***Refer Deployment of unutilised Rights Issue Proceeds.

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Report Date: February 11, 2026

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iii. Deployment of unutilised Rights Issue Proceeds:

Sr. No.	Type of instrument and name of the entity invested in	Amount invested (INR Cr)	Maturity date	Earning (INR Cr)	Return on Investment (%)	Market Value as at the end of quarter (INR Cr)
1	Fixed Deposit - AU Small Finance Bank (2503261240799788/1)	11.73	26-11-2025	0.08	6.90	11.81
2	Fixed Deposit - HDFC Bank (50301252512314)	3.00	28-11-2026	0.02	6.25	3.02
3	Fixed Deposit - HDFC Bank (50301252510258)	2.50	28-11-2026	0.01	6.25	2.51
4	Fixed Deposit - HDFC Bank (50301252536484)	3.00	28-11-2026	0.02	6.25	3.02
5	Fixed Deposit - HDFC Bank (50301252517852)	2.50	28-11-2026	0.01	6.25	2.51
6	Fixed Deposit - IDBI Bank (0280105000059167)	2.99	28-05-2026	0.02	5.75	3.01
7	Fixed Deposit - IDBI Bank (0280105000059158)	2.99	29-05-2026	0.02	5.75	3.01
8	Fixed Deposit - IDBI Bank (0280105000059185)	1.50	30-05-2026	0.01	5.75	1.50
9	Fixed Deposit - IDBI Bank (0280105000059194)	0.29	30-05-2026	0.00	5.75	0.30
	Total	30.50		0.19		30.69

iv. Delay in implementation of the object(s): Not applicable

Object(s)	Completion date		Delay [Number of days or months]	Comments of the Issuer’s Board of Directors	Comments of the Issuer’s Board of Directors
	As per the offer document	Actual*		Reason for delay	Proposed course of action
-	-	-	-	None	None

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Report Date: February 11, 2026

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5. Details of utilization of proceeds stated as General Corporate Purpose (GCP) amount in the offer document

Sr. No.	Item Head	Amount (INR Cr)	Source of information/certifications considered by Monitoring Agency for preparation of report	Comments of The Monitoring Agency	Comments of the Board of Directors
1	Funding expenditure for General Corporate Purposes	8.54	Documents provided by the issuer: Bank Statements and Statutory Auditors Certificate, etc.	The company has utilised INR 6.82 crores towards this object, for Brand Building, Business Growth and Strategic Initiatives.	None
	Total	8.54

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Report Date: February 11, 2026

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Disclaimer:

• a) This Report is prepared by Acuité Ratings & Research Limited (hereinafter referred to as “Monitoring Agency/MA”). The MA has taken utmost care to ensure accuracy and objectivity while developing this Report based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever.

• b) This Report has to be seen in its entirety; the selective review of portions of the Report may lead to inaccurate assessments. For the purpose of this Report, MA has relied upon the information provided by the management /officials/ consultants of the Issuer and third-party sources like statutory auditors appointed by the Issuer believed by it to be accurate and reliable.

• c) Nothing contained in this Report is capable or intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The MA is also not responsible for any errors in transmission and specifically states that it, or its directors, employees do not have any financial liabilities whatsoever to the users of this Report.

• d) The MA and its affiliates do not act as a fiduciary. The MA and its affiliates also do not act as an expert to the extent defined under Section 2(38) of the Companies Act, 2013. While the MA has obtained information from sources it believes to be reliable, it does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives from auditors, lawyers, chartered engineers or other experts, and relies on in its reports.

• e) The MA or its affiliates may have other commercial transactions with the entity to which the report pertains. As an example, the MA may rate the issuer or any debt instruments / facilities issued or proposed to be issued by the issuer that is subject matter of this report. The MA may receive separate compensation for its ratings and certain credit-related analyses, normally from issuers or underwriters of the instruments, facilities, securities or from obligors.

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Report Date: February 11, 2026

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About Acuité Ratings & Research

Acuité is a full-service Credit Rating Agency registered with the Securities & Exchange Board of India (SEBI). The company received RBI Accreditation as an External Credit Assessment Institution (ECAI) for Bank Loan Ratings under BASEL-II norms in the year 2012. Acuité has assigned ratings to various securities, debt instruments and bank facilities of entities spread across the country and across a wide cross section of industries. It has its Registered and Head Office in Kanjurmarg, Mumbai.

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Report Date: February 11, 2026