Credit Rating- Revision

@ INCREDIBLE INDUSTRIES LIMITED ' Corporate Office : “LANSDOWNE TOWERS”, 2/1A, SARAT BOSE ROAD, KOLKATA - 700 020 PH. : 033-6638 4700 % FAX : 91-33-6638 4729 % Website : www.incredibleindustries.co.in EHAROSA HAMESHA' E-mail : incredibleindustr19i7e9s iilgroup.co.in 81 July, 2026. The Secretary The Secretary I'he BSE Ltd. National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai-400 001. Mumbai-400 051. Scrip Code- 538365 Scrip Code- INCREDIBLE The Secretary The Calcutta Stock Exchange Ltd 7 Lyons Range Kolkata-700 001. Scrip Code- 28188 Dear Sir. Sub:-Disclosurc under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for external credit rating assigned and reaffirmed to the Company from Acuite Ratings and Research Limited. With reference to Regulation 30 read with Schedule TIT of SEBI (LODR) Regulations, 2015 and pursuant o the Rating Letter issued by the external Credit Rating Agency Acuite Ratings and Research Limited on 07/07/2026 and intimated to us via e-mail on 07/07/2026. this is to inform you that the Credit Rating Agency had assigned/reaftirmed rating of the following Bank facilities of the Company- Product Quantum (Rs Rating Rating Action in Cr.) Bank Loan Ratings (Term Loan) (Long 105.00 ACUITE BBB Assigned Term Rating) (Stable) Bank Loan Ratings (Cash Credit) (Long 28.00 ACUITE BBB | Reaffirmed Term Rating) (Stable) Bank Loan Ratings (Letter of 14.00 ACUITE A3+ | Reaffirmed Credit/Bank Guarantee) (Short Term Rating) Total Outstanding Quantum 147.00 Regd. Office : 14, Netaji Subhas Road, I1-Floor, Kolkata - 700 001 2243-4355, 2242-8551 Works : Raturia, Angadpur, Durgapur - 713 215, Phone : (0343) 2591105/2591122/1123/1124 CIN : L27100WB1979PLC032200 @ INCREDIBLE INDUSTRIES LIMITED An ISO 9001:2015, 14001:2015 & 45001:2018 Organisation - Corporate Office : “LANSDOWNE TOWERS”, 2/1A, SARAT BOSE ROAD, KOLKATA - 700 020 PH. : 033-6638 4700 % FAX : 91-33-6638 4729 % Website : www.incredibleindustries.co.in — E-mail : incredibleindustries1979@iilgroup.co.in The aforesaid information is also being placed on the website of the Company at www.incredibleindustries.co.in . Rating Letter dated 07/07/2026 issued by the Acuite Ratings and Rescarch Limited (Credit Rating Agency) is attached herewith. “This is for your information and record. Thanking You. Yours truly, For Incredible Industries Limited Chairman & Managing Director Name: Rama Shankar Gupta DIN: 07843716 Regd. Office : 14, Netaji Subhas Road, I1-Floor, Kolkata - 700 001 © : 2243-4355, 2242-8551 Works : Raturia, Angadpur, Durgapur - 718 215, Phone : (0343) 2591105/2591122/1123/1124 CIN : L27100WB1979PLC032200 Acuite RATINGS & RESEARCH Rating Letter - Intimation of Rating Action Letter Issued on : July 07, 2026 Letier Expi r 07, 14, Netaiji Subhas Roadt Kolkata 700001 Kind Attn.: Mr. Mr. Rama shankar Gupta,Managing dirctor (Tel. No.8420117084) Sir / Madam, Sub.: Rating(s) Assigned and Reaffirmed - Bank Loans of INCREDIBLE INDUSTRIES LIMITED Please note that the current rating(s) and outlook, instrument details, and latest rating action for the aforementioned instrument are as under: Product Quantum (Rs. Cr) |Long Term Rating [Short Term Rating |Regulated By (Other FSR) Bank Loan Ratings 105.00 ACUITE BBB | - RBI Stable | Assigned Bank Loan Ratings 28.00 ACUITE BBB | - RBI Stable | Reaffirmed Bank Loan Ratings 14.00 - ACUITE A3+ | RBI Reaffirmed Total Outstanding 147.00 = i = Quantum (Rs. Cr) Note: For activifies or ratings of instruments falling under the purview of Financial Sector Regulators other than SEBI, the grievance / dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be available. Acuité reserves the right to revise the rating(s] , along with the outlook, at any time, on the basis of new information, or other circumstances which Acuité believes may have an impact on the rating (s). Such revisions, if any, would be appropriately disseminated by Acuité as required under prevailing SEBI guidelines and Acuité's policies. This letter will expire on October 07, 2026 or on the day when Acuité takes the next rating action, whichever is earlier. It may be noted that the rating(s) is subject to change anytime even before the expiry date of this letter. Hence lenders / investors are advised to visit hiips://www.a ee..ri n/ OR scan the QR code given above to confirm the current outstanding rating(s). Acuité will re-issue this rating letter on October 08, 2026 subject to receipt of surveilance fee as applicable. If the rating(s) is reviewed before October 07, 2026, Acuité willissue a new rating letter. Please note that under extant SEBI regulations and as per the terms of the rating agreement, once arating is accepted and outstanding, the issuer is required to promptly furnish the ‘No Default Statement' on the first working day of every month. Sd/- Chief Rating Officer This is a system generated document. No signature is required. Acuité Ratings & Research Limited SEBI Registered | Rbi Accrecited 708, Lodha Supremus, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai - 400042 | +919930708000 | www.acuite.in | CIN: U74999MH2005PLC155683 Acuite RATINGS & RESEARCH Annexures: A. Details of the Rated Instrument Annexure A. Details of the rated instrument Lender's Name Facilities |Listing staius | Regulated Scale Amt. Rating Assigned By (Rs. Cr) |(Outlook) | Rating Action Canara Bank Cash Credit |Unlisted RBI Long- 5.55| ACUITE BBB | term Stable | Reaffirmed BANK OF INDIA [Cash Credit [Unlisted RBI Long- 10.00| ACUITE BBB | (BOI) term Stable | Reaffrmed Punjab National |Cash Credit |Unlisted RBI Long- 10.68| ACUITE BBB | Bank term Stable | Reaffirmed Not Applicable |Proposed Unlisted RBI Long- 1.77| ACUITE BBB | Cash Credit term Stable | Reaffirmed Canara Bank Bank Unlisted RBI Short- 3.00| ACUITE A3+ | Guarantee term Reaffirmed (BLR) Canara Bank Letter of Unlisted RBI Short- 5.00| ACUITE A3+ | Credit ferm Reaffirmed IBANK OF INDIA [Letter of Unlisted RBI Short- 6.00| ACUITE A3+ | (BOI) Credit term Reaffirmed BANK OF INDIA [Term Loan |Unlisted RBI Long- 54.00] ACUITE BBB | (BOI) term Stable | Assigned CENTRALBANK |Term Loan |Unlisted RBI Long- 51.00| ACUITE BBB | OF INDIA term Stable | Assigned Total Facilities 147,00 = Note: For activities or ratings of instruments falling under the purview of Financial Sector Regulators other than SEBI, the grievance / dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be available. List of instruments and names of regulators of the instruments As required by SEBI Circular (SEBI/HO/DDHS/DDHS-PoD-2/1/4685/2026) dated February 10, 2026, a list of activities or instruments falling under the purview of various Financial Sector Regulators (FSRs), along with the names of respective FSRs, is being disclosed below: A. Rating Activity sr. No. Instrument / activity Name Regulator of the instrument 1 Listed/Proposed to be listed Bonds/Debeniures/Preference Shares (all SEBI securities) 2 Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share MCA (all securifies) 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI) SEBI Acuite RATINGS & RESEARCH 4 Listed PTCs / Securitisation Notes {originated by entilies not regulaied by SEBI RBI) 5 gg‘\;sfed PTCs / Securitisation Notes (originated by entities regulated by RBI & Listed Commercial Puper and NCDs with original malurity less than 1 RBI year 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 RBI year 8 Loan Facilities (Fund/Non-Fund Based) from Bank / NBFCs/ NHB/ Fls * RBI & External Commercial Borrowings and other similar borrowings RBI 10 Cerlificates of Deposit RBI 11 Fixed Deposits raised by NBFCs, Banks, HFCs, Fls RBI 12 Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, Fls MCA 13 Inter Corporate Deposits/Loans extended by Corparates MCA 14 Borrowing [Showing first 8,000 characters — download PDF for full document]