VRL Logistics Limited — Capital/Financing Update 2021

Sep 29, 2021

Corporate Office : Giriraj Annexe Circuit House Road HUBBALLI - 580 029 Karnataka State Phone : O836 2237511 Fax : 08362256612 e-mail : headoffice@vrllogistics.com

To,

BSE timited Phiroze Jeeieebhoy Towers Dalal Street Mumbai- 400001 Scrip Code: 539118

National stock Exchange of lndia Limited Exchange Plaza, Plot No.C/1, G-Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 Scrip Code: VRLLOG

Dear Sir / Madam,

Sub: Disclosure under Regulation 30 of LODR Regulations 2015 - Credit Rating - Reg.

As required under Regulation 30, read with Schedule lll of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that lcRA Limited has reaffirmed the existing Long term rating at [lcRA] A + (stable). The outlook on the long term rating is stable, indicative of low credit risk.

You are to kindly take note of the same.

For VRL G TICS TIMITED

ANIRUDDHA PHADNAVIS COMPANY SECRETARY & COMPLIANCE OFFICER

Place: Hubballi Date: 29.09.2021