Escorts Kubota Limited — Others, 04-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Escorts Kubota Limited has confirmed that the Rs. 1,872.745 Cr raised through its preferential issues on February 18, 2022, is being utilized exactly as planned. For the quarter ended June 30, 2025, the company used Rs. 185.861 Cr towards its stated objectives. This ensures that the funds are solely directed towards expanding its agri-machinery business, including manufacturing, sales, and R&D for tractors, combine harvesters, construction machinery, and other farm equipment. The Audit Committee has reviewed and noted no deviation in fund usage. This transparency reassures investors that capital is being deployed as committed.