Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited ( ICRA ), vide its Rating Rationale dated May 28, 2025, has revised its rating on Company s Long Term and Short Term Facilities as under: Long-term Fund-based/ Cash credit: Downgraded from [ICRA]A+ (Negative) to [ICRA]A (Negative);Short term Non-fund based limits: Downgraded from [ICRA]A1 to [ICRA]A2+ and Long-term/Short-term unallocated: For Long Term -Downgraded from [ICRA] A+ (Negative) to [ICRA]A (Negative); For Short Term - Downgraded from [ICRA] A1 to [ICRA]A2+