Dear Sir/ Madam, Subject: Monitoring Agency Report for the Quarter ended 31st March, 2026 Pursuant to Regulation 32 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith Monitoring Agency Report issued by CRISIL RATINGS LIMITED, Monitoring Agency, for the quarter ended on March 31, 2026 in respect of utilization of proceeds of the Initial Public Offer ( IPO ) of the Company. The abovementioned statement has been duly reviewed by the Audit Committee at its meeting held on May 06, 2026. This intimation is also being uploaded on the Company s website at www.shringar.msWe request you to take the same on record.

Shringar House of Mangalsutra Limited, a Gems & Jewellery company listed on NSE and BSE, has filed its Q4 FY2026 Monitoring Agency Report submitted by CRISIL Ratings Limited. The company's IPO (September 9-12, 2025) raised Rs. 4,009.20 million (gross), with net proceeds of Rs. 3,613.57 million after issue expenses of Rs. 395.63 million. Of this, Rs. 2,800 million was allocated for working capital requirements and Rs. 813.57 million for General Corporate Purposes (GCP). As of March 31, 2026, Rs. 3,613.57 million towards working capital and GCP has been fully deployed, while Rs. 388.54 million of the Rs. 395.63 million issue expenses have been used, leaving Rs. 7.09 million unutilized in the Public Offer Account. The Audit Committee reviewed the report on May 6, 2026. The Monitoring Agency confirms all utilization is as per the prospectus, with no deviations, delays, or unfavorable events reported.