Credit Rating

Date: 15th September 2026 The General Manager-Department of The Manager-Listing Department, Corporate Services, National Stock Exchange of India Limited, BSE Limited, "Exchange Plaza", 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (East), Mumbai – 400 051. Scrip Code : 530999 Scrip Code :BALAMINES Dear Sir/Madam, Sub: Withdrawal of Credit Rating on account of No Due Certificates from the Banks - Reg Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 With reference to the earlier communication dated 12th September 2026, we hereby submit the Credit Rating Withdrawal Report issued by India Ratings and Research (Ind-Ra). Instrument Type Regulator Date of Coupon Maturity Size of Issue Rating Rating of Issuance Rate Date (INR assigned Action Instrument Million) with Outlook / Watch Bank loan RBI - - - 1,950 WD Withdrawn facilities Note:- WD – Rating Withdrawn The credit rating withdrawal letter issued by India Ratings and Research is enclosed for your reference. The said intimation be available on website https://www.balajiamines.com/investor-relations.php. This is for your information and records. Thanking You. Yours Faithfully, For Balaji Amines Limited Abhijeet Kothadiya Company Secretary & Compliance Officer Mr. D Ram Reddy Managing Director Balaji Amines Limited Balaji Tower, No. 9/1A/1, Hotgi Rd, Asara Chowk, Sainath Nagar, Solapur, Maharashtra 413002 September 11, 2026 Dear Sir/Madam, Re: Rating Letter for Withdrawal of Balaji Amines Limited India Ratings and Research (Ind-Ra) has withdrawn Balaji Amines Limited’s bank loan facilities rating as follows: Size of Rating Instrument Regulator of Date of Coupon Maturity Issue Assigned Rating Type Instrument Issuance Rate Date (INR with Action million) Outlook/Watch Bank loan RBI - - - 1,950 WD Withdrawn facilities WD - Rating Withdrawn As part of the rating process, India Ratings relies on factual information it receives from issuers and underwriters and from other sources India Ratings believes to be credible. India Ratings conducts a reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology, and obtains reasonable verification of that information from independent sources, to the extent such sources are available for a given security. The manner of India Ratings factual investigation and the scope of the third-party verification it obtains varies depending on the nature of the rated security and its issuer, the requirements and practices in India where the rated security is offered and sold, the availability and nature of relevant public information, access to the management of the issuer and its advisers, the availability of pre-existing third-party verifications such as audit reports, agreed-upon procedures letters, appraisals, actuarial reports, engineering reports, legal opinions and other reports provided by third parties, the availability of independent and competent third-party verification sources with respect to the particular security or in the particular jurisdiction of the issuer, and a variety of other factors. Users of India Ratings’ ratings should understand that neither an enhanced factual investigation nor any third- party verification can ensure that all of the information India Ratings relies on in connection with a rating will be accurate and complete. Ultimately, the issuer and its advisers are responsible for the accuracy of the information they provide to India Ratings and to the market in offering documents and other reports. In issuing its ratings, India Ratings relies on the work of experts, including independent auditors with respect to financial statements and attorneys with respect to legal and tax matters. Further, ratings are inherently forward-looking and embody assumptions and predictions about future events that by their nature cannot be verified as facts. As a result, despite any verification of current facts, ratings can be affected by future events or conditions that were not anticipated at the time the rating was issued or affirmed. 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If we can be of further assistance, please email us at infogrp@indiaratings.co.in Sincerely, India Ratings Pratik Mundhada Director BalajiAminesLimited 11-September-2026 Annexure: Facilities Breakup Outstanding/Rated Instrument Regulator of Bank Name Ratings Amount(INR Description Instrument million) Fund Based Working RBI State Bank of India WD/WD 490.00 Capital Limit Fund Based Working RBI HDFC Bank Limited WD/WD 480.00 Capital Limit Non-Fund Based Working Capital RBI State Bank of India WD/WD 460.00 Limit Non-Fund Based Working Capital RBI HDFC Bank Limited WD/WD 520.00 Limit BalajiAminesLimited 11-September-2026 DISCLAIMER India Ratings and Research Private Limited (India Ratings) is a private limited company registered under the provisions of the Companies Act, 1956, having CIN U67100MH199SFTC140049, and registered office at Wockhardt Towers, 4th Floor, West Wing, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, 400051, India. 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