Sansera Engineering Limited has filed its Monitoring Agency Report for the quarter ended March 31, 2026, with the National Stock Exchange of India and BSE Limited, pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, prepared by ICRA Limited in its capacity as the Monitoring Agency, covers the utilisation of proceeds raised through the company's Qualified Institutional Placement (QIP). ICRA confirmed that there is no deviation in the utilisation of QIP proceeds as compared to the stated objects of the issue.

QIP Issue Overview

The QIP issue was open from October 10, 2024 to October 15, 2024, and involved the issuance of equity shares. The following table summarises the key details of the issue:

ICRA has monitored gross proceeds of INR 1,200.000 crore for Q4 FY2026. The net proceeds of INR 1,174.979 crore were earmarked across four key objects as disclosed in the Placement Document.

Planned Utilisation of Net Proceeds

The net proceeds of INR 1,174.979 crore were allocated across the following objects as per the offer document:

Progress in Utilisation as at March 31, 2026

As of the quarter ended March 31, 2026, the cumulative utilisation of gross proceeds stood at Rs. 944.294 crore, with Rs. 5.000 crore deployed during Q4 FY2026. The table below details the progress against each object:

The repayment of borrowings and capital expenditure towards existing manufacturing facilities have been fully utilised. Land acquisition remains partially pending, with INR 7.409 crore yet to be deployed. The general corporate purpose head carries the largest unutilised balance of INR 248.297 crore.

Deployment of Unutilised Proceeds

The unutilised proceeds have been parked in fixed deposits with HDFC Bank and Axis Bank, as well as in the monitoring account. The details are as follows:

Market value includes interest accrued till March 31, 2026. Source: As certified by Manian & Rao.

General Corporate Purpose Utilisation

Out of the INR 274.979 crore allocated for general corporate purposes, a cumulative INR 26.682 crore has been utilised across multiple quarters. The utilisation details are as follows:

• Q1 FY2026: INR 9.306 crore invested in renewable energy (approved by the Board on May 27, 2025)
• Q2 FY2026: INR 2.376 crore invested in renewable energy
• Q3 FY2026: INR 10.000 crore invested in an associate company
• Q4 FY2026: INR 5.000 crore invested in an associate company

The investment in the associate company totalling INR 30.000 crore was approved by the Board of Directors on May 27, 2025, of which INR 10.000 crore was deployed as on December 31, 2025 and INR 5.000 crore as on March 31, 2026. The remaining unutilised amount under general corporate purpose is INR 248.297 crore, and the remaining utilisation is expected to occur in FY2026-27.

Implementation Status and Monitoring Agency Findings

ICRA confirmed that all utilisation is in line with the disclosures in the Placement Document, with no material deviation observed. The means of finance for the disclosed objects has not changed, and no major deviation was observed over earlier monitoring agency reports. A delay has been noted in the completion of land acquisition and general corporate purpose deployment, both of which were originally scheduled for FY25. The report was signed by Parul Goyal Narang, Vice President & Head-Process Excellence at ICRA Limited, on May 11, 2026. The compliance filing was submitted by Rajesh Kumar Modi, Company Secretary and Compliance Officer of Sansera Engineering Limited.

Sansera engineering has announced the promotion of Mr. Rahul Kale from Chief Operating Officer (COO) to Chief Executive Officer-Automotive, effective April 08, 2026. The decision was approved by the company's Board of Directors at their meeting held on April 08, 2026, following a recommendation from the Nomination and Remuneration Committee.

Leadership Transition Details

The board meeting, which commenced at 5.00 pm (IST) and concluded at 6.25 pm (IST), formalized Mr. Kale's new role within the senior management structure. Despite the designation change, he will continue to report to Mr. B R Preetham, Executive Director & Group CEO of the company.

Professional Background

Mr. Kale brings over two decades of extensive experience in the automotive component industry to his new role. His career spans leadership positions at several reputed organizations including Gestamp, American Axles, and GKN Group. Most recently, he served as Regional Operations Director at Gestamp India Pvt Ltd, where he was responsible for managing multiple manufacturing plants across India.

Educational and Professional Qualifications

The newly appointed CEO-Automotive holds strong technical and management credentials that align with his expanded responsibilities:

• Educational Background: BE in Production from Pune University
• Professional Certifications: Certified Six Sigma Black belt
• International Training: LEAN Business Excellence graduation from London, UK
• Leadership Development: Multiple senior leadership developmental programs from previous organizations

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, ensuring full transparency with stakeholders and regulatory authorities.

The company has confirmed that detailed information regarding this leadership change will be made available on its official website at www.sansera.in , maintaining its commitment to transparent corporate governance practices.