HBL Engineering Reports No Fund Usage Deviation

Key Compliance Statement

The company confirms that there has been no deviation or variation in the use of proceeds of funds raised through shares for purposes other than those mentioned in the offer documents during the quarter ended March 31, 2026. Additionally, the company did not raise any funds through shares during the reporting quarter.

Governance Review

The statement of deviation/variation (which showed nil status for the quarter) was reviewed and noted by the Audit Committee at its meeting held on May 23, 2026.

Annexure Details

The annexed statement in prescribed format confirms:

• Mode of Fund Raising: Public issue/Preferential issue (historical context)
• Date of Raising Funds: Not applicable for the reporting quarter
• Amount Raised: Not applicable for the reporting quarter
• Monitoring Agency: Not applicable for the reporting quarter
• All deviation/variation fields: Not applicable for the reporting quarter

Financial Impact

No financial impact reported. The disclosure is a nil-deviation compliance statement.