Credit Rating- Revision

SURYALAKSHMIZ/ COTTON MILLS LTD URYALAKSHMI (AN IS/1SO 9001 : 2015 & ISO 14001 : 2015 CERTIFIED COMPANY) Date: September 28, 2026 To To The Secretary The Secretary National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot C/1, G-Block, Phiroze Jeejeebhoy Towers, Bandra - Kurla Complex, Dalal Street, Bandra (East), MUMBALI - 400 001 MUMBAI - 400 051 Scrip Code : SURYALAXMI Scrip No.: 521200 Dear Sir/Madam, Sub: Review of ICRA Ratings on the Bank Facilities of the Company Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) With reference to the subject cited, we wish to inform you that ICRA Limited has reviewed the credit ratings assigned to the bank facilities of the Company. The details of the ratings reaffirmed and revised are as under: Instrument Rated Amount Rating Action (% Crore) Long-t-e Frunmd Based [ICRAIBBB (Stable); Reaffirmed and outlook - Cash Credit ML revised to Stable from Negative Long-term - Fund Based 57.99 [ICRA|BBB (Stable); Reaffirmed and outlook| - Term Loan ) revised to Stable from Negative Short-term - Non-Fund Based - Others 55.70 [ICRAJA3+; Reaffirmed Long-term / Short-term - [ICRA|BBB (Stable) / [ICRA]JA3+; Reaffirmed [Unallocated Facilities S and outlook revised to Stable from Negative [Total [ 36319 | The aforesaid ratings have been reaffirmed by ICRA Limited, with the outlook revised to Stable from Negative for the applicable long-term facilities. GOVERNMENT RECOGNISED EXPORT HOUSE Regd. Office : Surya Towers, 6th Floor, 105 Sardar Patel Road, Secunderabad - 500 003. Telangana, INDIA CIN Number : L17120TG1962PLC000923 Phone : +91-40-27885200, 278198/5 567 E-MAIL : slcmltd@suryalakshmi.com WEBSITE : www.suryalakshmi.com SURYALAKSHMIZ/S COTTON MILLS LTD URYALAKSHMI (AN 1S/1SO 9001 : 2015 & ISO 14001 : 2015 CERTIFIED COMPANY) The rating communication letter dated September 28, 2026, as received from ICRA Limited, is enclosed herewith for your information and records. We request you to kindly take the above information on record. Thanking you, Yours faithfully, . For SURYALAKSHMI COTTON MILLS LIMITED (MUNMUN BAID) COMPANY SECRETARY & COMPLIANCE OFFICER M. No. - A40189 Encl.: ICRA Rating Communication Letter dated September 28, 2026 GOVERNMENT RECOGNISED EXPORT HOUSE Regd. Office : Surya Towers, 6th Floor, 105 Sardar Patel Road, Secunderabad - 500 003. Telangana, INDIA CIN Number : L17120TG1962PLC000923 Phone : +91-40-27885200, 27819856 / 57 E-MAIL : slemitd@suryalakshmi.com WEBSITE : www.suryalakshmi.com ICRA Insights that empower ICRA/SuryaLakshmi Cotton Mills Limited/28092026/1 Date: September 28, 2026 Mr. Santosh Agarwal Chief Financial Officer Suryalakshmi Cotton Mills Limited 6th Floor, Surya Towers, 105, SP Road Secunderabad — 500 003 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of SuryaLakshmi Cotton Mills Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA's Rating Committee has taken the following rating actions for the mentioned instruments of your company. Financial Rated Amount Instrument Rating Action? Sector (Rs. crore) Regulator® Long term - Fund Based - [ICRAJBBB (Stable); reaffirmed and outlook Cash Credit 169.50 revised to Stable from Negative R8I Long term - Fund based - [ICRAIBBB (Stable); reaffirmed and outlook 57.99 ) ) R8I Term Loan revised to Stable from Negative Short term = Non fund 55.70 [ICRAJA3+; reaffirmed R8I based-others [ICRAIBBB (Stable)/ [ICRAJA3+; reaffirmed Long Term / Short Term- 80.00 and outlook revised to Stable from R8I Unallocated facilities ) Negative Total 363.19 *#SEBI's grievance redressal/dispute resolution and SEB investor protection mechanisms such as SCORES and ODR shall not be availabfloer activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstanctheast ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at wwuw.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstthae nfodreigoningg, any change in the over- all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not bet reated, or causteo be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us * Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phaslel, G urugram-122002 @ wwwicrain (Minfo@icraindiacom A +91-93547-38909 . +0124-4545300 CIN:L74999DLI99IPLC042749 ICRA Insights that empower immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited . . Digitally signed by Sri Kumar Krishnamurthy S rl Ku mar Krl S h namu rthy Date: 2026.09.28 14:01:23 +05'30' srikumar Krishnamurthy Senior Vice President & Co-group Head ksrikumar@icraindia.com Sensitivity Label : Internal ICRA Insights that empower Annexure Details of Bank Limits Rated by | Instrument Name Amount (Rs. Rating Rating Assigned On ICRA Crore) State Bank of India Cash Credit 97.25 [ICRA]BBB(Stable) September 18, 2026 Union Bank of India Cash Credit 4450 [ICRA]BBB(Stable) September 18, 2026 Punjab National Bank Cash Credit 27.75 [ICRA]BBB(Stable) September 18, 2026 State Bank of India Non Fund-Based Facilities |30.00 [ICRAJA3+ September 18, 2026 Union Bank of India Non Fund-Based Facilities |8.00 [ICRAJA3+ September 18, 2026 Punjab National Bank Non Fund-Based Facilities |5.00 [ICRAJA3+ September 18, 2026 State Bank of India Non Fund-Based Facilities |10.00 [ICRAJA3+ September 18, 2026 State Bank of India Non Fund-Based Facilities |1.85 [ICRAJA3+ September 18, 2026 Union Bank of India Non Fund-Based Facilities |0.35 [ICRAJA3+ September 18, 2026 Punjab National Bank Non Fund-Based Faci [Showing first 8,000 characters — download PDF for full document]