Datamatics Global Services Limited — Capital/Financing Update 2023

Jan 5, 2023

January 5, 2023

To, Corporate Communication Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal street, Mumbai - 400 001. Bandra (East), Mumbai - 400 051. BSE Scrip Code : 532528 Symbol : DATAMATICS

Sub.: Intimation of Credit Rating under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Credit Rating letter received from ICRA Limited.

Kindly take the above on your record.

Thanking you,

For Datamatics Global Services Limited

DIVYA Digitally signed by DIVYA KUMAT Date: 2023.01.05 KUMAT 18:56:27 +05'30'

KUMAT

Divya Kumat EVP, Chief Legal Officer and Company Secretary (FCS: 4611)

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DATAMATICS GLOBAL SERVICES LTD. Knowledge Centre, Plot 58, Street No. 17, MIDC, Andheri (East), Mumbai - 400 093. INDIA | Tel: +91 (22) 6102 0000/1/2 | Fax : +91 (22) 2834 3669 | CIN: L72200MH1987PLC045205 | business@datamatics.com | www.datamatics.com

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ICRA Limited

Ref: ICRA/Datamatics Global Services Limited/04012023/1

Date: January 4,2023

Mr. Sandeep Mantri

Chief Financial Officer Datamatics Global Services Limited Knowledge Centre Plot No. 58, Street No. 17, Andheri (East), Mumbai 400 093

Dear Sir,

Re: Surveillance of ICRA-assigned Credit Rating for Rs. 170.0 crore Bank Facilities and Enhancement of Rs. 10.0 Crore Bank facility of Datamatics Global Services Limited.

Please refer the Rating Agreement/Statement of Work dated November 22,2021 between ICRA company on an annual basis or as and when the circumstances so warrant. Further, please refer Statement of work dated December 26,2022 bank facilities seeking an enhancement of the captioned limit(s) of bank facilities of your company from Rs. 170.0 crore to Rs. 180.0 crore.

Please note that the Rating Committee of ICRA, after due consideration, has reaffirmed the long term rating of [ICRA] A+ (pronounced ICRA A plus) and short-term rating of [ICRA]A1+ (pronounced as ICRA A one plus) assigned earlier to the Rs. 170.0 crore Bank Facilities of your Company and has assigned a long-term rating of [ICRA] A+ (pronounced ICRA A plus) and a short-term rating of [ICRA] A1+ (pronounced ICRA A one plus) 10.0 crore. The Outlook on the long-term rating is Stable . For Rating definition(s), please refer to ICRA website at www.icra.in.

In any of your publicity material or other document wherever you are using the above Rating(s), it should be stated as [ICRA]A+ (Stable)/[ICRA]A1+.

The aforesaid Rating(s) will be due for surveillance any time before December 28, 2023 . However, ICRA reserves the right to review and/or, revise the above Rating(s) at any time on the basis of new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the Rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest Rating(s) of the Company.

The Rating(s) are specific to the terms and conditions of the bank facilities as indicated to us by you, and any change in the terms or size of the same would require a review of the Rating(s) by us. In case there is any change in the terms and conditions or the size of the rated bank facilities, the same must be brought to our notice before the bank facilities is used by you. In the event such changes occur after the Ratings have been assigned by us and their use has been confirmed by you, the Ratings would be subject to our review, following which there could be a change in the Ratings previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the bank facilities from that specified

Building No. 8, 2[nd] Floor, Tower Tel.: +91.124 .4545300 Website: www.icra.in A CIN : Email: info@icraindia.com DLF Cyber City, Phase II L749999DL1991PLC042749 Helpdesk: +91 9354738909 Gurugram 122002, Haryana Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001.Tel. :+91.11.23357940-45 R A T I N G R E S E A R C H I N F O R M A T I O N

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in the first paragraph of this letter would constitute an enhancement that would not be covered by or under the said Rating Agreement.

ICRA reserves the right to review and/or, revise the above Rating(s) at any time on the basis of new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the Rating(s) assigned.

The Rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated [Instrument] availed/issued by your Company. The Rating(s) assigned to the bank facilities of your Company shall require revalidation if there is any change in the size or structure of the rated bank facilities.

You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the Company with any lender(s) / investor(s). Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.

We look forward to your communication and assure you of our best services.

With kind regards,

Yours sincerely,

For ICRA Limited

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Shamsher Dewan

Senior Vice President & Group Head : Corporate Ratings shamsherd@icraindia.com

Building No. 8, 2[nd] Floor, Tower A DLF Cyber City, Phase II Gurugram 122002, Haryana

Tel.: +91.124 .4545300 CIN : L749999DL1991PLC042749

Website: www.icra.in Email: info@icraindia.com Helpdesk: +91 9354738909

Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001.Tel. :+91.11.23357940-45 R A T I N G R E S E A R C H I N F O R M A T I O N

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Appendix -A

Instrument Details

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----- Start of picture text ----- Details of Bank Limits Rated by Amount(Rs. Rating Rating Assigned onICRA (Rated on Long-term/ crore)short term Scale)Long-term / Short-term Fundbased/Non-fund Based LimitsICICI Bank 70.0Citi Bank 40.0 [ICRA]/A+(Stable)/[ICRA]A1+ December 29,2022Kotak Mahindra Bank 20.0HDFC bank 50.0Total 180.0----- End of picture text -----

Building No. 8, 2[nd] Floor, Tower A DLF Cyber City, Phase II Gurugram 122002, Haryana

Tel.: +91.124 .4545300 CIN : L749999DL1991PLC042749

Website: www.icra.in Email: info@icraindia.com Helpdesk: +91 9354738909

Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001.Tel. :+91.11.23357940-45 R A T I N G R E S E A R C H I N F O R M A T I O N