Credit Rating

September 5, 2026 The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (East) Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code- 533267 NSE Scrip Symbol: CANTABIL and Series: EQ Fax No.: 022-2272 3121/1278/1557/3354 Fax No.: 022-26598237/38 Dear Sir, Sub-Intimation regarding Credit Rating Re: Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We hereby inform you that Credit Rating has been assigned by Credit Rating Agency i.e. ICRA Limited, w.e.f. 4th September 2026. The copy of the same is enclosed herewith for your reference. You are requested to kindly take the same on record and oblige. Thanking You, Yours faithfully For Cantabil Retail India Limited Poonam Chahal Company Secretary and Compliance Officer FCS 9872 Encl.: As above ICRA/Cantabil Retail India Ltd./04092026/01 Date: September 04, 2026 Mr. Shivendra Nigam Chief Financial Officer Cantabil Retail India Ltd. C-12, Lawrence Road Industrial Area, Delhi – 110 035 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Cantabil Retail India Ltd. As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Financial Sector Instrument (Rs. crore) Rating Action[1] Regulator# Long-term - Fund-based - Working capital facilities 57.50 [ICRA]A+(Stable); Upgraded RBI Long-term/Short-term - Unallocated limits 15.50 [ICRA]A+(Stable) /[ICRA]A1; Upgraded RBI Short-term - Non-fund based - Others 2.00 [ICRA]A1; Upgraded RBI Total 75.00 #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over- all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Sujoy Saha Vice President sujoy.saha@icraindia.com Building No. 8, 2nd Floor, Tower A Tel.: +91.124 .4545300 Website: www.icra.in DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com Gurugram – 122002, Haryana Helpdesk: +91 9354738909 Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41 RATING ● RESEARCH ● INFORMATION Sensitivity Label : Restricted Annexure Instrument Details Details of the bank limits rated by ICRA (Rated on Long-Term Scale) Name of the Bank Instrument Details Amount (Rs. crore) Rating Assigned Rating Assigned on Standard Chartered Bank Working Capital Facilities 13.00 [ICRA]A+(Stable) August 27, 2026 Axis Bank Limited Working Capital Facilities 15.00 [ICRA]A+(Stable) August 27, 2026 State Bank of India Working Capital Facilities 14.50 [ICRA]A+(Stable) August 27, 2026 HDFC Bank Limited Working Capital Facilities 15.00 [ICRA]A+(Stable) August 27, 2026 Total limits rated on Long-Term Scale 57.50 Details of the bank limits rated by ICRA (Rated on Short-Term Scale) Name of the Bank Instrument Details Amount (Rs. crore) Rating Assigned Rating Assigned on Standard Chartered Bank Non-fund-based facilities 2.00 [ICRA]A1 August 27, 2026 Total limits rated on Short-Term Scale 2.00 Details of the bank limits rated by ICRA (Rated on Long-Term/Short-Term Scale) Name of the Bank Instrument Details Amount (Rs. crore) Rating Assigned Rating Assigned on Not applicable Unallocated Limits 15.50 [ICRA]A+(Stable)/ [ICRA]A1 August 27, 2026 Total limits rated on Long-Term/Short-Term Scale 15.50 Sensitivity Label : Restricted