Paramount Cosmetics (India) Ltd — Capital/Financing Update 2023

Mar 23, 2023

==> picture [128 x 74] intentionally omitted <==

To, The Department of Corporate Services BSE Limited, 1[st] Floor, P.J. Towers Dalal Street, Mumbai 400001

Subject: Intimation of Credit Rating availed from CARE

Reference: Credit Rating availed on Bank Facilities of Company.

Company: Paramount Cosmetics (India) Limited

Scrip Code / Name: 507970 / “PARMCOS-B”

Dear Sir/ Madam,

With reference to captioned subject and reference, and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we Paramount Cosmetics (India) Limited, wish to inform the Exchange that the Company had approached CARE Ratings Ltd (“CARE”) for availing rating on its Banking Facilities i.e., Short Term & Long Term Bank Facilities.

It is hereby informed to the Exchange that CARE has assigned following ratings to the Company on its Banking Facilities-

It is hereby informed to the Exchange that Company on its Banking Facilities-	CARE has assigned following ratings to the
Facilities	Rating
Long Term Banking Facilities	CARE B; Stable (Single B; Outlook; Stable)
Short Term Banking Facilities	CARE A4(A Four)

You are requested to kindly take note of the same.

Thanking you.

For Paramount Cosmetics (India) Limited

HENA Digitally signed by HENA HARSHA HARSHAL SHAH Date: 2023.03.23 L SHAH 15:19:53 +05'30'

==> picture [50 x 50] intentionally omitted <==

---

Hena Harshal Shah Company Secretary & Compliance Officer Place: Bangalore Date: March 23, 2023

PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore – 560001 Tel: 080-25320870 / 71 / 25327357 Email:compliance.officer@parammount.com website : www.parammount.com

==> picture [100 x 31] intentionally omitted <==

==> picture [100 x 31] intentionally omitted <==