Credit Rating

Steel Exchange India Limited September 23, 2026 To To The Manager, The Manager, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Port, Mumbai — 400001 Bandra (East), Mumbai — 400051 Scrip Code: 534748/960441 Scrip ID: STEELXIND Sub: Credit Rating - Intimation under Regulation 30 and other applicable regulation of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, In accordance with Regulation 30 and other applicable regulation of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Infomerics Valuation and Rating Limited, a credit rating agency vide its letter dated September 22, 2026, has informed credit rating for Non-Convertible Debentures and Total Bank Loan Facilities- (Long Term Bank & Short-Term Bank Facilities). The instrument-wise rating actions are given below: Sr. Instrument/ Facility Amount Current Previous Ratings Rating Action No. (Rs. crore) Ratings 1 Non-Convertible 198.56 IVR BBB+/ IVR BBB-/ Stable Rating Debentures Stable Upgraded 2 Long Term Bank 359.63 IVR IVR BBB-/Stable Rating Facilities BBB+/Stable Upgraded 3 Short Term Bank IVR A2 IVR A3 Rating Facilities Upgraded This is for your information and records. Kindly acknowledge receipt. Thanking you, Yours faithfully, For Steel Exchange India Limited Raveendra Babu M Company Secretary & Compliance Officer M.No: A34409 WORKS Integrated Steel Plant: Sreerampuram, L.Kota Mandal, Vizianagaram District - 535161. Phone: +91-8966-267218, 267111