Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Crisil Ratings vide its Rating Rationale dated November 25, 2025, has revised the credit rating on Company s Long Term Bank Facilities and Short Term Bank Facilities as under:Long Term Rating: Crisil A-/ Negative, Rating Action Downgraded from ' Crisil A/Negative'. For Short Term Rating: Crisil A2+, Rating Action Downgraded from ' Crisil A1 Total Bank Loan Facilities Rated: Rs. 440 crores. A copy of Crisil Rating Rationale dated November 25, 2025 is enclosed.