RIDHI SYNTHETICS LIMITED Regd.

Office: 11-B, Mittal Tower, Free Press Journal Marg, Nariman Point, Mumbai - 400021 Tel.

No. :022 22042554; Email add.: ridhisyntheticsltd@gmail.com CIN : L51900MH1981PLC025265 website:www.ridhisynthetics.com a7th May, 2025 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001 Ref: Ridhi Synthetics Limited Script Code — 504365, Script ID - RIDHISYN Sub: Statement of Deviation(s) or Variation(s) under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Please find enclosed herewith the Statement of Deviation(s) or Variation(s) under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, for the quarter ended March 31, 2025, duly reviewed by the Audit Committee at its meeting held on 27.05.2025. We hereby confirm that there has been no deviation or variation in the use of proceeds of funds raised through rights issue.

Kindly take the same on records.

Thank you.

Yours truly, For Ridhi Synthetics Limited Vaal Mr. Vishal Chaturvedi Wholetime Director Enclosed as above ----------------Page (0) Break---------------- St at em en t of Deviation / Variation in utilisation of funds rai sed [Amount (in R s.) Name of listed ent ity Ridhi Syn the tic s Lim ite d Mo de of Fu nd R ais ing Publietssues/ Rig hts Issues / Pre fer ent ial Hss ue / QP} Oth ers Dat e of Raising Fu nd s 11.01.2022 Amount Ra is ed INR 71,20,000/- Rep ort f ile d f or Qua rte r en de d 31. 03. 202 5 Monitoring Agency appleable/ not a ppl ica ble Monitoring Agency Na me , if applicable ot Applicable Is there a Deviation / Variation in use of fun ds raised ¥es/ No If yes, whether the same is pursuant to ch an ge i n terms of a c ont rac t or obj ect s, wh ic h was approved by the sh ar eh ol de rs INot Applicable If Y es, D ate o f shareholder Approval INot Applicable Explanation for the Dev iat ion / Var iat ion INot Applicable Co mm en ts o f the Audit Committee after review INot Applicable Comments of the a udi tor s, if any INot Applicable Obj ect s for which funds have bee n rai sed and where there has b een a dev iat ion , in the following table INet pr oce ed of the i ssu e are Ito be uti lis ed to:- Original Ob jec t Modified Object, if any Original Allocation Modified allocatio n,if any Funds Util ise d Remarks if any Amount of Deviation/Variati on for the quarter according to applicable object ii) T o par t f ina nce i ncr eme nta l Working Cap ita l of the (Company.

Not Applicable ii) To meet Gen era l corporate pur pos es iii) To meet the exp ens es of the Issue.

Rs. 71,20,000/-* INot [Applicable 48, 50, 000 INIL INIL 22,70,000/- ----------------Page (1) Break---------------- Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (¢) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, ete.

For Ridhi Synthetics Li mi te d hr hued [Vishal Chaturvedi] [Wholetime Director] ----------------Page (2) Break----------------