PSP Projects Limited — Capital/Financing Update 2025

Dec 23, 2025

==> picture [172 x 73] intentionally omitted <==

==> picture [160 x 16] intentionally omitted <==

==> picture [162 x 18] intentionally omitted <==

Ref No: PSPPROJECT/SE/66/25-26

December 23, 2025

Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip code: 540544

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 under SEBI Listing Obligations and Disclosure Requirements), Regulations, 2015 (“SEBI Listing Regulations”) -Intimation of Update on Credit Rating under Regulation 30 of SEBI Listing Regulations

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the CARE Rating Limited has reaffirmed and revised Credit Rating of the Company for its various Long Term and Short Term Bank facilities as under:

Facilities	Amount (Rs. in Crore) Ratings	Rating Action
Long Term Bank Facilities	155.00 (Reduced from 158.00) CARE A+; Stable	Reaffirmed
Long Term / Short Term Bank Facilities	1,300.00 CARE A+; Stable / CARE A1	Downgraded from CARE A+; Stable / CARE A1+
Short Term Bank Facilities	92.00 CARE A1	Downgraded from CARE A1+
Total Bank Facilities	1,547.00 (Rupees One Thousand Five Hundred Forty-Seven Crore only)

This is for your information and record.

Thanking You,

Yours faithfully,

For PSP Projects Limited

Pooja Digitally signed by Pooja Ronak Ronak Dhruve Date: 2025.12.23 Dhruve 14:39:15 +05'30'

Pooja Dhruve Company Secretary and Compliance Officer Membership No.: A48396

==> picture [511 x 24] intentionally omitted <==

==> picture [121 x 8] intentionally omitted <==