Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, BlackBuck has confirmed that during the quarter ended March 31, 2026, there was no deviation or variation in the utilization of proceeds of the IPO from the objects stated in the Prospectus dated November 18, 2024. A Statement of deviation or variation for the quarter ended March 31, 2026, duly reviewed by the Audit Committee of the Company at its meeting held on May 19, 2026 are enclosed. This disclosure will also be hosted on the website of the Company: www.blackbuck.com.