Company Update

Date: 24th June, 2025 To, BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Dear Sir / Ma’am, Subject: Statement of Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Security Id: MAGENTA / Code: 544188 Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Initial Public Offer (“IPO”) of the Company during the Half Year ended on 30th September, 2024. A statement confirming that there is no deviation or variation in the utilization of these proceeds is enclosed herewith.

This is for your information and records please.

Thanking You.

For, Magenta Lifecare Limited Divyesh Modi Managing Director DIN: 02016172 ----------------Page (0) Break---------------- Annexure A Statement of Deviation or Variation in Utilization of Funds Raised Name of listed entity Magenta Lifecare Limited Mode of Fund Raising Public Issue Date of Raising Funds 10-06-2024 Amount Raised (In Rs.) Rs. 5,98,00,000/- Report filed for Quarter ended 30-09-2024 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the Unit holders Not Applicable If Yes, Date of Unit holders Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review None Comments of the auditors, if any None Set forth below are objects for which funds have been raised and where there has been a deviation, in the following table: Original Object Modified Object, if any Original Allocation (₹ in Lakhs) Modified Allocation, if any Funds Utilised (₹ in Lakhs) Amount of Deviation/ Variation for Quarter according to applicable object Remarks if any To Meet Incremental Working Capital Requirements No 424.00 - 424.00 Nil - General Corporate Purpose No 174.00 - 157.86 Nil - ----------------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 C. Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. For, Magenta Lifecare Limited Divyesh Modi Managing Director DIN: 02016172 ----------------Page (2) Break----------------