Elgi Equipments Ltd. — Capital/Financing Update 2025

Feb 25, 2025

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February 25, 2025 Na�onal Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G Bandra Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001

NSE Symbol: ELGIEQUIP

BSE Scrip Code: 522074

Dear Madam/ Sir,

Subject: In�ma�on of Credit Ra�ng

Pursuant to Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, please find below the details of Credit Ra�ng of the Company assigned by CRISIL Ra�ngs Limited (“CRISIL”) vide their communica�on dated February 24, 2025. The total Bank loan facili�es considered for ra�ng is Rs. 557.4 Crores (enhanced from Rs.456 Crore) and that there are no changes in ra�ngs assigned by CRISIL from the previous report.

Ra�ng Ac�on

Total Bank Loan Facili�es Rated Rs.557.4 Crore (Enhanced from Rs.456 Crore) Long Term ra�ng CRISIL AA/Stable (Reaffirmed) Short Term ra�ng CRISIL A1+ (Reaffirmed)

The ra�ng ra�onale provided by CRISIL can be accessed by using below link: Ra�ng Ra�onale (crisilra�ngs.com)

The aforesaid informa�on is also being made available on the Company’s website viz., www.elgi.com.

We request you to kindly take the above informa�on on record.

Thanking you

Yours faithfully,

FOR ELGI EQUIPMENTS LIMITED DEVIKA Digitally signed by DEVIKA SATHYANARAYA SATHYANARAYANA Date: 2025.02.25 15:13:01 NA +05'30'

DEVIKA SATHYANARAYANA

COMPANY SECRETARY AND COMPLIANCE OFFICER

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