Credit Rating- Revision

Salasar Techno Engineering Limited 23rd September, 2026 The Manager – Listing The Secretary National Stock Exchange of India Ltd. Exchange Corporate Relationship Dept. Plaza, Bandra Kurla Complex Bandra East BSE Limited Mumbai – MH 400051 P. J. Tower, Dalal Street, Symbol - SALASAR Mumbai MH - 400001 Scrip Code: 540642 SUB: Disclosure under Regulation 30 of Schedule III of SEBI (LODR) Regulations, 2015- Update w.r.t. Revision in Credit Rating Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that M/s Infomerics Valuation and Rating Ltd. has revised the rating for the Company's Long Term & Short-Term Bank Facilities as follows: Instrument / Facility Previous Rating Current Rating Long Term Bank IVR A/ Stable IVR A/RWNI Facilities (IVR A with Stable Outlook) (Rating Reaffirmed and Rating Placed on Watch with Negative Implications) Short Term Bank IVR A1 IVR A1/RWNI Facilities (IVR A One) (Rating Reaffirmed and Rating Placed on Watch with Negative Implications) For your reference, please find attached the letter received from M/s Infomerics Valuation and Rating Ltd. regarding the revision in the ratings. We request you to please take the same on record. Yours faithfully, For Salasar Techno Engineering Limited Mohit Kumar Goel Company Secretary & Compliance Officer CIN No. - L23201UP2001PLC209751 Corporate Office: - A-301-320, 3rd Floor, Tower-A, Plot No.8, Block-B, Sec-62, Noida U.P. 201309 +91 7017538987, 8750725142 Regd. Off. & Unit 1: - Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur- U.P. 201015 +91 9368883592 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.-245304 +91 7417971568 Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur, U.P.- 245304 towers@salasartechno.com www.salasartechno.com marketing@salasartechno.com Mr. Alok Kumar Managing Director Salasar Techno Engineering Limited KL-46, Kavi Nagar, Ghaziabad, Uttar Pradesh-201002 September 22, 2026 Dear Sir, Review for the Bank Loan Facilities of Salasar Techno Engineering Limited After taking into account all the recent developments and the operational and financial performance of your company during FY2026(A) and Q1FY27 (unaudited). 1. Our Rating Committee has assigned the following ratings: Total Bank Loan Facilities Rs. 831.73 Crore Regulator^ Rated Long Term Rating IVR A/ RWNI* (Rating Reaffirmed and RBI Rating Placed on Watch with Negative Implications) Short Term Rating IVR A1/RWNI* (Rating Reaffirmed and RBI Rating Placed on Watch with Negative Implications) ^Kindly note that for activities or instruments falling under the purview of FSRs other than SEBI, the grievance/dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be available. * RWNI-Rating Watch with Negative Implications 2. Details of the rated facilities are provided in Annexure I and list of activities / instruments and names of regulators are given in Annexure II. 3. For rating symbols for long term and short-term rating, definitions, criteria, methodologies and appeal policy please refer to our website www.infomerics.com. 4. The press release for the rating(s) will be communicated to you shortly. 5. The above rating is normally valid for a period of one year from the date of the rating committee (that is October 05, 2026). 6. If the proposed long term / short term facility (if any) is not availed within a period of three months respectively from the date of this letter, then the rating may please be revalidated from us before availing the facility. 7. INFOMERICS reserves the right to undertake a surveillance/review of the rating(s) from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 8. A formal surveillance/review of the rating is normally conducted within 12 months from the date of initial rating/last review of the rating. However, INFOMERICS reserves the right to undertake a surveillance/review of the rating more than once a year if in the opinion of INFOMERICS, circumstances warrant such surveillance/review. 9. You shall provide us with a No Default Statement as at the last date of the month on the first date of succeeding month without fail. The NDS shall be mailed every month to nds@Infomerics.com and to the mail id of the undersigned. 10. You shall provide the quarterly performance results/quarterly operational data (being submitted to Banks) to us within 6 weeks from the close of each calendar quarter for our review/monitoring. 11. You shall furnish all material information and any other information called for by INFOMERICS in a timely manner, for monitoring the rating assigned by INFOMERICS. In the event of failure on your part in furnishing such information, to carry out continuous monitoring of the rating of the bank facilities, INFOMERICS shall carry out the review/annual surveillance based on best available information throughout the lifetime of such bank facilities as per the policy of INFOMERICS. 12. Please note that INFOMERICS ratings are not recommendations to buy, sell or hold any security or to sanction, renew, disburse or recall the bank facilities. INFOMERICS do not take into account the sovereign risk, if any, attached to the foreign currency loans, and the ratings are applicable only to the rupee equivalent of these loans. 13. Users of this rating may kindly refer our website www.infomerics.com for latest update on the outstanding rating. 14. Further, this is to mention that all the clauses mentioned in the initial rating letter dated August 05, 2022 also stand applicable. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, Shivam Bhasin Tarun Jain Sr. Manager-Ratings Manager -Ratings shivam.bhasin@infomerics.com tarun.jain@infomerics.com Disclaimer: Infomerics ratings are independent opinions on the credit risk of the issue/issuer as of the date they are assigned and do not constitute statements of fact or recommendations to buy, hold or sell securities. The rating reflects Infomerics’ opinion on the relative credit risk of the rated instrument or entity at the time it is assigned. Infomerics reserves the right to change or withdraw the credit ratings at any point in time. Infomerics ratings are based on information and data provided by the issuer or obtained from sources believed by Infomerics to be accurate and reliable. Infomerics does not conduct any audit, due diligence or independent verification of the rated issuer or of the information provided to it unless specifically required under applicable regulatory guidelines. The credit ratings are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities. While reasonable care has been taken to ensure the accuracy of the information herein, it is provided on an ‘as is’ basis and to the maximum extent permitted by law without warranty of any kind. Infomerics makes no representation or warranty, express or implied, regarding the accuracy, adequacy, timeliness, or completeness of any information contained in this report. All entities whose bank facilities/instruments are rated by us have paid a credit rating fee, based on the amount and type of bank facilities/instruments. Infomerics, or any of its group companies, may have provided other permissible services other than credit ratings to the rated issuer in the ordinary course of business. To the maximum extent permitted by applicable law, in no event shall Infomerics, its affiliates, or their respective directors, officers, shareholders, employees, or agents be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special, or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income, lost profits, or opportunity costs) arising from any use of this report. A [Showing first 8,000 characters — download PDF for full document]