Escorts Kubota Limited has submitted a regulatory filing dated May 07, 2026, confirming that there is no deviation or variation in the utilisation of proceeds raised through its preferential issues, as required under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement pertains to the quarter ended March 31, 2026, and has been duly reviewed by the company's Audit Committee.

Preferential Issue Fund Utilisation Overview

The filing provides a detailed account of the funds raised and their utilisation status. The key parameters of the preferential issue are summarised below:

Allocation and Utilisation of Funds

The net proceeds from the preferential issue, after deducting Rs. 17.440 crores incurred towards issue and allotment expenditure, stood at Rs. 1,855.306 Crores. These funds were earmarked for the expansion of the company's agri-machinery business. As of the quarter ended March 31, 2026, Rs. 545.219 Crores have been utilised toward the stated objects, with no deviation reported.

The following table presents the object-wise allocation and utilisation details:

*Net proceeds post deduction of expenditure of Rs. 17.440 crores incurred towards preferential issue and allotment.

Scope of Agri-Machinery Business Expansion

The funds are designated for the expansion of Escorts Kubota's agri-machinery business, encompassing manufacturing, assembly, sales, marketing, financing, servicing, research and development across a broad range of product categories. The stated objects include:

• Tractors
• Combine harvester and rice transplanter
• Utility vehicles
• Turf equipment
• Construction machinery
• Engines
• Implements
• Transmission for tractors, construction equipment, and implements
• Other farm mechanisation equipment
• Spare parts of the items listed above

Regulatory Compliance and Audit Committee Review

The statement was signed by Bharat Madan, Whole-time Director and Chief Financial Officer of Escorts Kubota Limited, on May 07, 2026, from the company's registered office in Faridabad, Haryana. The Audit Committee reviewed the utilisation statement and offered no adverse comments. The filing reaffirms that the proceeds have been deployed strictly in accordance with the objects disclosed in the Letter of Offer, with no change in contract terms or shareholder-approved modifications reported for the quarter.

Escorts Kubota Limited has disclosed the availability of the audio recording from its earnings conference call, held on May 07, 2026, in accordance with Regulation 30 read with Para A(15) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The conference call was convened to discuss the company's earning performance for the quarter and financial year ended March 31, 2026.

Regulatory Disclosure Details

The disclosure was made by Arvind Kumar, Company Secretary of Escorts Kubota Limited, and submitted to both BSE Limited and the National Stock Exchange of India Limited. The filing outlines the key details of the regulatory submission as follows:

Recording Availability

The audio recording of the conference call has been uploaded on the company's official website under the investors/financials section. Stakeholders and investors can access the recording at the following link:

• Website: https://www.escortskubota.com/investors/financials

This disclosure is part of Escorts Kubota's ongoing compliance obligations under SEBI's listing requirements, ensuring transparency and accessibility of material information to all market participants.