Credit Rating- New

September 1, 2026 Listing Compliance Department Listing & Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Mumbai – 400001 Plot No. C/1, “G” Block BSE Scrip Code: 544029 Bandra-Kurla Complex Bandra (E), Mumbai – 400 051 Symbol: GANDHAR Subject: Intimation of assigned Credit Ratings to the bank facilities of Gandhar Oil Refinery (India) Limited (“the Company”) Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations 2015, we would like to inform that CRISIL Ratings Limited has assigned Credit ratings to bank facilities of the Company. The details of the Credit ratings are as under: Particulars Details Total Bank Loan Facilities Rated Rs.300 crore Long Term Rating Crisil A+/Stable (Assigned) Short Term Rating Crisil A1 (Assigned) A copy of the letter received from the rating agency is enclosed herewith for your information and records. Further please note that the information is also available on the website of the Company at https://gandharoil.com/investor-relations/ Kindly take the above information on record. Thanking you. Yours faithfully, For Gandhar Oil Refinery (India) Ltd Binal Khosla Company Secretary & Compliance Officer Mem. No.: A29802 Encl.: a/a