PSP Projects Limited — Capital/Financing Update 2022

Dec 15, 2022

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PSPPROJECT/SE/76/22-23 Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip code: 540544

December 15, 2022 Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Symbol: PSPPROJECT

Dear Sir/Madam,

Subject: Intimation of reaffirmation of Credit Rating

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we would like to inform you that CARE Ratings Limited has reaffirmed Company’s Credit Rating for its Long term and Short Term Bank facilities based on the recent developments including operational and financial performance of the Company as under:

Facilities	Amount (Rs. in Crore)	Ratings	RatingAction
Long Term BankFacilities	300.00(Enhanced from 145.00)	CARE A+; Stable(Single A Plus; Outlook:Stable)	Reaffirmed
Long Term/ShortTerm BankFacilities	1055.00(Enhanced from 960.00)	CARE A+; Stable / CARE A1+(Single A Plus; Outlook:Stable/A One Plus)	Reaffirmed
Short Term BankFacilities	42.00	CARE A1+(A One Plus)	Reaffirmed
Total BankFacilities	1,397.00(Rupees One ThousandThree Hundred Ninety-Seven Crore only)

Kindly take the same on your record.

Thanking You,

Yours faithfully,

For PSP Projects Limited

Digitally signed by PATEL KENAN PATEL KENAN SURESHBHAI SURESHBHAI Date: 2022.12.15 11:46:37 +05'30' Kenan Patel

Company Secretary and Compliance Officer

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