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Laurus Labs Limited Capital/Financing Update 2024

Jun 18, 2024

62639_rns_2024-06-18_62143828-b819-47b1-9387-002b42bcc3cb.pdf

Capital/Financing Update

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June 18, 2024

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ToThe Corporate Relations DepartmentBSE LimitedPhiroz Jeejeebhoy Towers, 25thFloor,Dalal StreetMumbai – 400001Code: 540222 ToThe Listing DepartmentNational Stock Exchange of India Limited,Exchange Plaza,Bandra Kurla Complex, Bandra (East)Mumbai – 400 051Code: LAURUSLABS

Sub: Update on Credit Rating – Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Dear Sirs,

Pursuant to the Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Company on June 17, 2024 has received the credit rating confirmation from M/s. CARE Ratings Ltd. (Credit Rating Agency) on the credit rating of the Company.

The credit ratings of Long term bank facilities have been re-affirmed at “CARE AA” and the outlook has been revised from “Stable” to “Negative” and the Short term Bank facilities are reaffirmed at CARE A1+.

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Please take the above information on record.

Yours faithfully,

For Laurus Labs Limited

VENKATESWAR Digitally signed by VENKATESWAR REDDY REDDY GOGIREDDY GOGIREDDY Date: 2024.06.18 10:17:16 +05'30' G. Venkateswar Reddy Company Secretary & Compliance Officer

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