Biocon Electric Limited

• To meet Working Capital Requirements₹62.6 Cr
• General Corporate Purposes

Except as stated in this section, there are no outstanding: (a) criminal proceedings; (b) actions by statutory or regulatory authorities; (c) claims relating to direct and indirect taxes; or (d) Material Litigation; involving the Company, its Directors, the Promoters, KMPs and SMPs, and the Group Companies. There are no outstanding material dues to creditors of the Company.

• Our distribution network is significantly concentrated in southern India. As of March 31, 2026, 1,427 of our 1,915 channel partners, including 1,377 of our 1,531 dealers, were located in this region. Any decline in demand, loss of channel partners, increase in competition or disruption to the storage and distribution of our products in southern India could reduce our sales and materially and adversely affect our business, financial condition, results of operations and cash flows.(Geographic Concentration)

• Our principal manufacturing, processing and assembly activities are carried out at a limited number of facilities. Any prolonged disruption at these facilities could affect our ability to supply products and materially and adversely affect our business, financial condition, results of operations and cash flows.(Operational Concentration)

• Our dealers and distributors are non-exclusive, and the volumes they purchase may change with downstream demand, inventory requirements and the availability of competing products. Increased competition, pricing pressure or a reduction in demand in southern India could therefore reduce orders from a substantial part of our channel network.(Channel Partner Concentration)

• Our ability to serve these markets also depends on the movement and availability of inventory through our storage and distribution arrangements. Any interruption affecting product availability, deliveries or channel relationships in the region could result in delayed or lost sales.(Supply Chain)

• If sales through our southern India network decline, we may be unable to replace them promptly through channel partners in other regions or through direct sales. Developing new dealer relationships and establishing demand for our products in other markets may require time and additional expenditure and may not generate comparable sales.(Market Expansion)

• The contribution of the principal product categories associated with these operations to our revenue from operations is set out below: PVC insulated wires and tapes (₹8,256.44 lakhs, 41.97% of revenue) and lighting solutions (₹6,601.40 lakhs, 33.56% of revenue).(Revenue Concentration)

• Our revenue from operations is generated primarily from the domestic market, with revenue generated across various States and Union Territories in India. During Fiscal 2026, Fiscal 2025 and Fiscal 2024, domestic revenue accounted for substantially all of our revenue from operations, while export revenue constituted a small portion of our revenue from operations.(Export Concentration)

• The manner of calculation and presentation of some of these financial and operational performance indicators and the assumptions and estimates used in such calculations, may vary from those used by other companies in India and other jurisdictions.(Financial Reporting)