PITTI ENGINEERING LIMITED — Capital/Financing Update 2025

Jan 28, 2025

==> picture [575 x 59] intentionally omitted <==

==> picture [575 x 58] intentionally omitted <==

28[th] January 2025

To, BSE Limited Floor 25, P J Towers, Dalal Street Mumbai – 400 001 Scrip Code: 513519

To,

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: PITTIENG

Dear Sirs, Sub: Credit rating – Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

---

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that India Ratings & Research Private Limited has vide its press release dated 28[th] January 2025 upgraded the credit rating of the Company. The details of the revision in the ratings are given below:

Name of the Agency	Instrument type	Amount₹in million	Rating	Rating Action
India Ratings & Research Private Limited	Term loan	2498.40	IND AA-/Stable	Upgraded from IND A/Stable to IND AA-/Stable
	Term loan	431.30	IND AA-/Stable	Assigned
	Fund-based limits Working Capital limits	2510.00	IND AA-/Stable/IND A1+	Upgraded from IND A/Stable/IND A1 to IND AA-/Stable/IND A1+
	Fund-based limits Working Capital limits	1090.00	IND AA-/Stable/IND A1+	Assigned
	Non-fund based Working Capital limits	3370.01	IND AA-/Stable/IND A1+	Upgraded from IND A/Stable/IND A1 to IND AA-/Stable/IND A1+
	Non-fund based Working Capital limits	249.99	IND AA-/Stable/IND A1+	Assigned

This is for your information and records. Thanking you, Yours faithfully, For Pitti Engineering Limited

MARY MONICA Digitally signed by MARY MONICA BRAGANZA BRAGANZA Date: 2025.01.28 16:07:13 +05'30'

Mary Monica Braganza Company Secretary & Chief Compliance Officer FCS: 5532

==> picture [611 x 109] intentionally omitted <==