Credit Ratings from CARE Ratings Limited

September 22, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Scrip Code: ASHOKLEY Scrip Code: 500477 Through: NEAPS Through: BSE Listing Centre Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find herein below the details of Credit Rating received from CARE Ratings Limited. Facilities/Instrument Rated Amount Rating Rating Action (₹ in Crores) Long Term / Short Term Bank Facilities 3,700.00 CARE AA+; Stable / Reaffirmed CARE A1+ Long-term bank facilities - - Withdrawn Short Term Bank Facilities 300.00 CARE A1+ Reaffirmed Non-convertible debentures - - Withdrawn Commercial Paper 2,000.00 CARE A1+ Reaffirmed Total 6,000.00 The ratings have been withdrawn for facilities not availed and/or repaid. We request you to kindly note and take the above information on record. Date and time of occurrence of event: September 21, 2026; 17:08 hours. Thanking you, Yours faithfully, for ASHOK LEYLAND LIMITED N Ramanathan Company Secretary