Pursuant to Regulation 32 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 82(4) of the Securities and Exchange Board of India (Issue of capital and disclosure requirements) regulations, 2018, NACL Industries has confirmed that during the quarter ended March 31, 2026, there was no deviation or variation in the utilisation of the proceeds from the objects stated in the Letter of Offer dated December 08, 2025, pertaining to the Company’s Rights Issue. A statement confirming Nil deviation/variation, along with the Monitoring Agency Report, is enclosed as Annexure A and Annexure B, respectively.