NSECredit Rating- New11 Sept 2026 · 11 Sept 2026, 12:15 pm

Credit Rating- New

Excel Industries Limited · EXCELINDUS

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Excel Industries Limited has informed the Exchange about Credit Rating- New, with CRISIL reaffirming the rating on the long-term bank facilities at 'CRISIL A+/Stable' and on the short-term bank facilities at 'CRISIL A1'.

Analysis Scores

Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Excel Industries Limited has informed the Exchange about Credit Rating- New

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EXCELINDUS_11092026121444_Reg_30_Credit_rating_signed.pdf

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IS/ISO9001:2015 IS/ISO14001:2015 IS1/ISO 45001:2018 Excel Industries Ltd. Certified by BIS. Certifiedby BIS. 11th September, 2026 BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Listing Department, Pheeroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E), Fort, Mumbai-400 001 Mumbai-400 051 Sub: Disclosure under Regulation 30 – Update on Credit Rating Ref: BSE Scrip Code: 500650; NSE Scrip Code: EXCELINDUS Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CRISIL has reaffirmed the rating on the long term bank facilities of the Company at ‘CRISIL A+/Stable’ and on the short-term bank facilities at ‘CRISIL A1’. Please find enclosed letter received from CRISIL dated 10.09.2026. Kindly take this information on record. Thanking you Yours faithfully, For Excel Industries Limited S K Singhvi Company Secretary Annexure: As above Chemicals Business / Environment & Biotech Division Excel Industries Limited Polymer Inputs / Pharmaceuticals Intermediaries/Veterinary API’s 184-87, S. V. Road, Jogeshwari (West), T: 91-22-66464200 Mumbai-400102, Maharashtra, India. W: http://www.excelind.co.in CIN: L24200MH1960PLC011807 Crisil Ratings CONFIDENTIAL RL/EXCEU402785/BLR/0926/158708 Septe1m0b2,e0 r2 6 MrD.e venDdorns i ChiFeifn aOnfficciearl Exclenld usLtilm'iiteesd 184-S1w8a7Vm ii vekdaRonaadn Joges0Nh)wari MumbCaii-t 4y0 0102 DeaMrrD .e venDdorsai , ReR:e vioefCw r iRsaitli onngt shb ea nfakc iloiftE ixecIsen ld huiseL si mited Alrlian tgass sibgnyCe rdi Rsaitlia nrkgees up ntd ceorn tisnuurovuesai nlrldea vniceew . Plefinadsi en t htea ble thbreea ltoiownu gtss tfaontrdh idene gbi tn stnunenotfts h/cefao cmiplaainntytdi,h re eas t ing actiboyCn rsiR saitlio nntg hrsea taisno gnds at e. 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