KRBL Ltd. — Capital/Financing Update 2024

Feb 23, 2024

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Ref: KRBL/SE/2023-24/95 February 23, 2024

The General ManagerDepartment of Corporate ServicesBSE LimitedFloor 25, Phiroze Jeejeebhoy TowersDalal Street, Mumbai – 400 001Scrip Code:530813	National Stock Exchange of India Limited“Exchange Plaza”, C-1, Block-GBandra-Kurla ComplexBandra (E), Mumbai-400051Symbol: KRBL**Series: Eq. **

Sub: Credit Rating

Dear Sir/Madam,

Pursuant to the provisions of Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that ICRA Limited (“ICRA”) vide its letter dated February 23, 2024 has reaffirmed the rating for the banking facilities of the Company as follows:

Instrument	Previous RatedAmount(in ₹ Crores)	Current RatedAmount(in ₹ Crores)	Rating Action
Long Term - Fund basedlimits– Working Capital	1,460.00	1,460.00	[ICRA]AA(Stable);reaffirmed
Long Term - Unallocated	115.00	115.00	[ICRA]AA(Stable);reaffirmed
Short Term - Non-fundbased limits – LC / BG /Forward limit	145.00	145.00	[ICRA]A1+;reaffirmed
Short Term - unallocated	78.00	78.00	[ICRA]A1+;reaffirmed
Commercial Paper^	500.00	500.00	[ICRA]A1+;reaffirmed
**Total **	2,298.00	2,298.00

^carved out of working capital limits and proposed

This is for your kind information and record.

Thanking you,

Yours Faithfully, For KRBL Limited

Digitally signed by PIYUSH ASIJA DN: c=IN, o=PERSONAL, title=1609, pseudonym=cba524911dd24aecb70e ef673393cc52, PIYUSH 2.5.4.20=a871a1782c200bdec965ce0a 6967cdf497a21bc970f775763232bb7f dc6c45dd, postalCode=110009, st=Delhi, serialNumber=dac3d0c36ff894b4b3e6 ASIJA 2aa5a15080ef0cd04b53fc5391912c6a a23e2daa987f, cn=PIYUSH ASIJA Date: 2024.02.23 14:03:27 +05'30'

Piyush Asija Company Secretary & Compliance Officer M. No.: A21328

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