Credit Rating

September 28, 2026 To To The Manager The Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 539450 Scrip Symbol: SHK Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Reaffirmation of credit rating In compliance with the provisions of Regulation 30 read with Schedule III and other applicable provisions of the Listing Regulations, as amended from time to time, we wish to inform that Crisil Ratings Limited vide its letter dated September 28, 2026, which was received by the Company on September 28, 2026 at 12:58 p.m. (IST), has re-affirmed the credit rating assigned to the bank loan facilities of the Company as under: Particulars Rated Amount Existing Rating Revised Rating Rating Action Long Term Rating on bank loan Rs. 372 Crore CRISIL AA- CRISIL AA- Re-affirmed facilities /Stable /Negative This intimation is also being uploaded on the Company’s website at www.keva.co.in You are requested to take the same on record. For S H Kelkar and Company Limited Deepti Chandratre Global Legal Counsel and Company Secretary