Panache Digilife Limited — Capital/Financing Update 2021

Mar 25, 2021

Date: 25/03/2021

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To,

Manager – Listing Departme n t, National Stock Exchange of India Limited Exchange Plaza, Plot No. C- 1 , G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 0 51

Dear Sir / Madam,

Subject: Intimation of Credit Rating under regulation 30 of SEBI (LODR) Regulations, 2015 Symbol: PANACHE

Pursuant to Regulation 30 re a d with Schedule IIIof SEBI (Listing Obligati o ns and Disclosure Requirements) Regulations, 2015 (“the Regulations”), we hereby inform you that ICRA Limited vide its publication d ated 24[th] March, 2021 has assigned its r a tings on the bank facilities of the Company as f o llows:

Instruments	Rating Amount(Rs. In crore)	Rating Act[ICRA]BB+([ICRA]BB+([ICRA]A4+;ionStable); AssignedStable); AssignedAssigned
Long-term Fund-based–TermLoan	4.00
Long-term Fund-Based–Cash Credit	20.00
Short-term–Non-fund based–LC/BG	9.00
**Total **	33.00

The rating rationale dated 25 [t] h March, 2021 for the above rating is availa b le at the website of ICRA Limited at www.icra.in.

Kindly take this information o n record and acknowledge.

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Place: Mumbai

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