Aarvi Encon Limited — Capital/Financing Update 2021

Aug 19, 2021

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AEL/NSE/2021-22/22

Date: August 19, 2021

To,

National Stock Exchange of India Limited

Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051

Kind Attention: Head – Listing

Symbol: AARVI

Sub: - CRISIL Rating on the Bank Facilities of Aarvi Encon Limited

Dear Sir/Madam,

This is to inform you that the Credit Rating of the Company on the Bank Facilities allotted by CRISIL Rating Limited are – Long Term - CRISIL BBB / Stable and Short Term - CRISIL A3+ on August 18, 2021.

Further to inform you that there is no revision in the Credit Rating and it remains same as last year.

The above information is also available on the website of the Company at www.aarviencon.com.

This is for your information, records and dissemination purpose.

Thanking You,

Yours Faithfully,

For Aarvi Encon Limited

JAYDEV Digitally signed VIRENDRA by JAYDEV VIRENDRA SANGHAV SANGHAVI Date: 2021.08.19 I 15:35:19 +05'30'

Jaydev V. Sanghavi Executive Director and CFO DIN: 00759042

Annexures:

1. Credit Rating Allotment Letter