Credit Rating- New

24th September, 2026 To, To, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Code – JGCHEM BSE Code – 544138 Dear Sir(s)/Madam, Sub: Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015- Credit Ratings of the Company In compliance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are pleased to inform you that CARE Edge Ratings, has assigned the ratings of the Company on 23rd September, 2026 for the total Bank Loan facilities at Rs. 19.75 Crores as detailed below: Bank Facilities Amount (Rs. Rating Rating Action in Crore) Long Term Bank Facilities 17.75 CARE A+; Stable Assigned Long Term / Short Term 2.00 CARE A+; Stable / Assigned Bank Facilities CARE A1+ This information will also be available on the Company’s website at www.jgchem.com. This is for your information and records. Thanking you, Yours faithfully, For J.G.Chemicals Limited Swati Poddar Company Secretary and Compliance Officer Enclo: As attached. J. G. Chemicals Limited (An ISO 9001, 14001, 45001 CERTIFIED COMPANY) Adventz Infinity@5, Unit No. 1511, Street No. 18, BN Block, Sector – V, Salt Lake City, Kolkata – 700 091, India, Phone: +91 33 4415 0100 Email: cs@jgchem.com | Web: www.jgchem.com Mfg. of : “LUXMI”(UR) BRAND ZINC OXIDE CIN: L24100WB2001PTC093380 No. CARE/KRO/RL/2026-27/1276 Shri Anirudh Jhunjhunwala Managing Director J.G.Chemicals Limited Adventz Infinity @ 5, 15th Floor, Unit 1510, Plot 5 Block - BN, Sector - V, Kolkata West Bengal 700091 September 23, 2026 Confidential Dear Sir, Credit rating for bank facilities Please refer to your request for rating the bank facilities of your Company 2. The following ratings have been assigned by our Rating Committee: Amount Facilities Rating1 Rating Action (₹ crore) Long Term Bank 17.75 CARE A+; Stable Assigned Facilities Long Term / Short CARE A+; Stable / CARE 2.00 Assigned Term Bank Facilities A1+ 3. Refer Annexure 1 for details of rated facilities. 4. The above rating is normally valid for a period of one year from the date of our initial communication of rating to you (that is July 30, 2026). 5. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above rating is proposed to be issued to the press shortly, a draft of which will be sent separately. We request you to peruse the document and offer your comments if any. We are doing this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by September 24, 2026, we will proceed on the basis that you have no comments to offer. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited Unit No A / 7 / 4, 7th Floor, Block A, Apeejay House, Corporate Office :4th Floor, Godrej Coliseum, 15 Park Street, Kolkata – 700 016 Somaiya Hospital Road, Off Eastern Express Phone: +91-33-40181600 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 4 6. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 7. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information throughout the life time of such bank facilities. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 8. Our ratings 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. 9. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 10. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 11. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall any bank facilities. 12. If you need any clarification, you are welcome to approach us in this regard. We are indeed, grateful to you for entrusting this assignment to CARE Ratings Ltd.. Thanking you, Yours faithfully, Rajat Tiwari Kamal Mahipal Lead Analyst Associate Director rajat.tiwari@careedge.in kamal.mahipal@careedge.in CARE Ratings Limited Unit No A / 7 / 4, 7th Floor, Block A, Apeejay House, Corporate Office :4th Floor, Godrej Coliseum, 15 Park Street, Kolkata – 700 016 Somaiya Hospital Road, Off Eastern Express Phone: +91-33-40181600 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 4 Encl.: As above Disclaimer This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice. The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained from the use of such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way. CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access of the rating does not create a client relationship between CareEdge Ratings and the user. CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON- INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE. Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank facilities/instruments. CareEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity. CareEdge Ratings does not act as a fiduciary by providing the rating. T [Showing first 8,000 characters — download PDF for full document]