KDDL Ltd — Capital/Financing Update 2018

Oct 3, 2018

KDDL Limited

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160 009, INDIA. Tel: +91 172 2548223/24, 2544378/79 Fax: +91 172 2548302, Website: www.kddl.com CIN-L33302HP1981PLC008123

Date: 3rd October, 2018

National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051

BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001

Trading Symbol: KDDL

Scrip Code: 532054

Subject: Upgradation of the Credit Rating of KDDL Limited

Dear Sir/Madam,

In accordance with the provisions of regulation 30 read with schedule III of the SEBI LODR, Regulations, 2015, this is to inform you that ICRA Limited has upgraded the long-term rating for Line of Credit (LOC) to [ICRA]BBB+ from [ICRA]BBB and short-term rating for LOC to [ICRA]A2 from [ICRA] A3+. The outlook on the long-term rating is 'Stable'.

Kindly take the same on record.

Thanking you,

Yours truly

For KDDL Limited

Brahm Prakash Kumar Company Secretary