MALLCOM (INDIA) LTD. — Capital/Financing Update 2026

Jan 22, 2026

Ref: MIL/BSE/NSE/26 Date: January 22, 2026

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BSE Limited National Stock Exchange of India Ltd
Department of Corporate Services Exchange Plaza, C-1, Block-G
P. J. Towers, 25th Floor, Bandra Kurla Complex,
Dalal Street, Bandra (E)
Mumbai- 400001 Mumbai- 400051
BSE Security Code: 539400 NSE Symbol: MALLCOM
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Dear Sir/Madam,

Sub: Intimation of Credit Rating

Pursuant to Regulation 30 read with Sub-para (3) of Para (A) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited has assigned/reaffirmed the credit rating for the Company.

Please find attached the rating letter issued by ICRA Limited.

This is for your information and records.

Thanking you.

Yours faithfully, For MALLCOM (INDIA) LTD.

Digitally signed by Gaurav Raj Date: 2026.01.22 18:46:55 Gaurav Raj +05'30' Gaurav Raj

Company Secretary & Compliance Officer

ICRA Limited

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ICRA/ Mallcom (India) Limited/ 22012026/ 1

January 22, 2026

Mr. Shyam Sundar Agarwal

Chief Financial Officer, Mallcom (India) Limited, EN – 12, Sector – V, Salt Lake City, Kolkata – 700 091

Dear Sir,

Re: ICRA’s Credit Rating for below mentioned Instruments of Mallcom (India) Limited

As per the Rating Agreement/ Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company.

Instrument	Rated Amount (Rs. crore)	Rating Action1
Long-term/ Short term – Fund-based/ Non-Fund- based Limits – Working Capital Facilities	120.00	[ICRA]A (Stable), reaffirmed/ assigned for enhanced amount/ [ICRA]A1, assigned
Total	120.00

The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company.

The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement.

The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company.

You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that

1 Complete definitions of the ratings assigned are available at www.icra.in.

Website: www.icra.in Email: info@icraindia.com Helpdesk: +91 9354738909

Building No. 8, 2 Sensitivity Label : Restricted[nd] Floor, Tower A Tel.: +91.124 .4545300 DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Gurugram – 122002, Haryana

Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41

R A T I N G ● R E S E A R C H ● I N F O R M A T I O N

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could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.

We look forward to your communication and assure you of our best services.

With kind regards,

Yours sincerely, For ICRA Limited

SUJOY SAHA

2026.01.22

12:10:33 +05'30'

Sujoy Saha Vice President sujoy.saha@icraindia.com

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Annexure

Mallcom (India) Limited

Details of Bank Limits Rated by ICRA (Rated on Long-Term/ Short-Term Scale)

Fund Based/ Non-Fund Based Bank Limits	Amount (Rs. Crore)	Rating	Assigned on
Citi Bank – Working Capital Facilities	90.00	[ICRA]A (Stable)/ [ICRA]A1	January 16, 2026
ICICI Bank – Working Capital Facilities	30.00	[ICRA]A (Stable)/ [ICRA]A1	January 16, 2026
Total	120.00

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