Indo Count Industries Ltd — Capital/Financing Update 2023

Dec 1, 2023

==> picture [6 x 8] intentionally omitted <==

----- Start of picture text -----

`
----- End of picture text -----

Ref No.: ICIL/26/2023-24

December 1, 2023

	The National Stock Exchange of India Ltd. Listing Department Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai–400 051 CompanySymbol : ICIL		BSE Limited Department of Corporate Services Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai–400 001 ScripCode No. : 521016

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [“the SEBI (LODR) Regulations, 2015”] - Credit Rating by CAREEDGE Ratings

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that, CAREEDGE Ratings (“Rating Agency”) vide its intimation / press release dated November 30, 2023 has reaffirmed the credit rating for the Company’s long term bank facilities and short term bank facilities as under:

Facilities/ Instruments	Current rated amount (Rs. Crore)	Rating Action	Rating action
Long-term bank facilities	278.54 (Reduced from 358.51)	[CARE]AA-(Stable)	Reaffirmed
Short-term bank facilities	1,397.00	[CARE]A1+	Reaffirmed

The press release of CAREEDGE dated November 30, 2023 is available on its website

https://www.careratings.com/upload/CompanyFiles/PR/202311131142_Indo_Count_Industrie s_Limited.pdf

Kindly take the above information on record.

Thanking you, Yours faithfully,

For Indo Count Industries Limited

SATNAM Digitally signed by SATNAM SINGH SINGH SAINI Date: 2023.12.01 SAINI 16:39:10 +05'30' Satnam Saini Company Secretary & GM - Legal