Monitoring Agency Report for the quarter ended March 31, 2026.

CRISIL Ratings Limited, the monitoring agency, has submitted its quarterly report on utilization of IPO proceeds for Krystal Integrated Services Limited. The IPO, which raised Rs 3,001.25 million in March 2024, has been fully deployed. Of the Rs 1,633.69 million in net proceeds monitored: Rs 100 million was used for debt repayment (fully utilized by Q4 FY2024), Rs 1,000 million for working capital (fully utilized by Q4 FY2025), Rs 100 million for machinery purchase (fully utilized by Q2 FY2026), and Rs 433.69 million for general corporate purposes (fully utilized by Q2 FY2026). There are no deviations from the disclosed objects of the issue. About Rs 6.45 million remains in the public offer account for pending issue expenses.