INTELLECT DESIGN ARENA LIMITED — Capital/Financing Update 2022

Sep 28, 2022

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Intellect/SEC/2022-23 28[th] September, 2022

1. National Stock Exchange of India Ltd., Scrip Code: Exchange Plaza, 5th Floor, Plot No. C/1, G Block, INTELLECT

Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.

2. BSE Ltd. Scrip Code:

1st Floor, New Trade Ring, Rotunda Building, PJ Towers, 538835 Dalal Street, Fort, Mumbai – 400 001.

Dear Sir,

Sub: Upgrade in Credit Rating

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby inform you that CRISIL has upgraded the ratings.

The details are provided below:

Total Bank Loan Facilities Rated	Rs.550 Crore
Long Term Rating	CRISIL A+/Stable (Upgraded from CRISILA/Stable ')
Short Term Rating	CRISIL A1 (Reaffirmed)

Kindly take the above information on record and confirm compliance

Yours truly,

for Intellect Design Arena Limited,

VUDALI Digitally signed by VENKATA VUDALI VENKATA NARESH Date: 2022.09.28 17:22:39 NARESH +05'30'

V V Naresh

Company Secretary and Compliance Officer

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