Credit Rating

Dhunseri Ventures Limited ©)Dhunseri' CIN : L15492WB1916PL(_'O02697 Registered Office : Dhunseri House, 4A Woodburn Park Kolkata 700020 Ref: DVL/Credit Rating Scptcmbcr 09, 2026 I'o, 'I-o, I'hc 13Sl-i I.imitcd 1-he National Stock lixchange of India I.imitcd (Scrip Code: 523736) (Symbol: DVI,) Floor 25, P.J. Towers, llxchangc Plaza DalaI Street, Plot No: C/1, G Block Mumbai - 400001 Bandra – Kurla Complex, Bandra (E) Mumbai – 400 051 Sub: Credit Rating Dear Sir/Madam, I'his is to inform you that Infomcrics Valuation and Rating Ltd. (Formerly Infomerics Valuation and Rating Pvt. Ltd.) has reaffirmed the credit rating of “IVR A 1+ (IVR A One Plus) to the Short Term Bank Facility of ?30.00 Crores (Rupees Thirty Crores Only) of the Company. 1-his is for your information and records I'hanking You, Yours faithfully, For Dhunseri Ventures Limited fhkkK R K, Sharma Director DIN: 05197101 Phone : + 91 33 2280 1950 - 54 1 E-mail : info@aspetindia.com Website Address : www.aspetindia.com Inrouenlcs VeruaTIoN AND RnruruG LTD, lntegrated Financial Omnibus Metrics Research of lnternationalCorporate Sys;fems lnfomerics (Formerly lnfomerics Valuation And Rating Pvt. Ltd.) Rotings Mr. Rajiv Kumar Sharma Director Dhunseri Ventures Limited Dhunseri House, 4A, Woodburn park, Kolkata -700 020. September 29,2026 Dear Sir, Credit ratino for bank facitities After taking into account all the relevant recent developments including operational and financial performance of your company for Fy26 and e1 FyzT, our Rating committee has reviewed the foilowing ratings: Total Bank Loan Facilities Rated Rs. 30.00 Crore Regulator^ Short Term Rating IVR A1+/ (Rating Reaffirmed) RBI ^Kindly note iB| !:"qt::llY*pl!.,l?Iessal mechanisms and investor protection mechanisms providedt by SEBI shall not be available. Details of the rated facilities are provided in Annexure I and list of activities / instruments and names of regulators are given in Annexure ll. 3. For rating symbols for long term and short-term rating, definitions, criteria, methodologies and appeal policy please to our refer website www.infomerics.com. The press release for the rating(s) will be communicated to you shorly. The above rating is normally valid for a period of one year from the date of the rating committee (that is September 28,202T1. lf the proposed long term / short term facility (if any) is not availed within a period of six months / three months respectively from the date of this letter, then the rating may please tre revalidated from usi bbeeffoorree aavvaaiitriinngs tthhee facilitv' \ page 1 of5 Reglstered Ofrice : Flat No. lpll1g,First Floor Golf Apartments, Sujan Singh Park, Maharishi Ramanna Marg, New Delhi - 110003, (lNDlA) Phone : 011 - 41410244, 40154576 Gorporate Offlce : Ofiice No. 1102,1103,1104, B-Wng, Kanakia Wall Street, Ofi. Andheri Kurla Road,Andheri East, Mumbai'4001193' (lNDlA) phone No. : O22 - 62396023, 62396053 E-mait : info@infomerics.com, Website : www.infomerics.@m CIN : u32202DLl 986PLC02457 5 ooo Continuation Sheet No. lnfomerics 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 revieWsurveillance every year. 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, INFoMERtcS 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. You shall provide us with a No Default Statement as at the last date of the nronth on the first date of succeeding month without fail. The NDS shall be mailed every month to nds@tnfomerics.com and to the mail id of undersigned. 10' You shall provide the quarterly performance results/quarterly operationat data (being submitted to Banks) to us within 6 weeks from the ctose of each calendar quarter for our revieWmonitoring. 1 1' You shall furnish all material information and any other information called for by lNFoMERlcs in a timery manner, for monitoring the rating assigned by INFoMERICS. ln the event of failure on your part in furnishing such information, to carry out co.ntinuous monitoring of the rating of the bank facilities, INFOMERICS shall carry out the revierv/annual surveillance based on best available information throughout the lifetime of such bank facilities as per the policy of INFOMER|CS. 12' Please note that INFOMERICS ratings are not recommendations to buy, sell or hold any security br to sanction, renew, disburse or recalt 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. K Page 2 of 5 Continuation Sheef No. lnfomerics 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 also stand applicable. lf you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, J. ro"^r, [- -l laa'.-.- M rr)t( Mukherjee lndranil I Avik Podder Manager Ratings Senior Director Ratings indranil. mukheriee@infomerics. com apodder@infomerics. com Disclaimer: Infomerics ratings are in ::i:::::,TIT|:'-'-iqi:lTq g".r?, constitute.stiternunt, of fact or recommendarions to buy, hotd or sell securities. The rating refletts Infomerics' opinion on the relative credit risk of the rated instrument or entity at the time it is assigned. Infomerics reseryes the right to change or withdraw the credit ratings at any point in time' Infomerics ratings are based on iirformation and data provided by the issuer or obtained from sourccs 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 rcquired under.applicable regulatory guidelines. The credit ratings are not recommendations to sanction, renew, disburse, o. recill the concerned bank facilities. while reasonable care has been taken to ensut'e the accuracy ofthe information herein, it is provided on an 'as is' basis and to the maximum extellt permitted by taw without warranty of any kind. Infomerics makes no representation or express oi implied, regarding it. timeliness, or completeness of- w aa nr yr a inn ft oy r, m ation contained in thii report. Alt e" n. t. iu tie. s" . wr ha od se eq u ba ac ny k, bfa ac nil kit i fe as c/ ii ln its ietr su /m inse tn ruts m a er ne tsra . te Ind f- ob my eu rs ic sh ,a v oe r p aa nid y a o fc r ie tsc li gt rr oa uti pn g "c ofe me, p b aa ns iee sd , o mn a t yh e h aa vm eo u pn rot va idnd e dty op te h eo rf permissible services other than credit ratings to the ratecl issuer in ihe ordinary course'ofbusiness. 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.us-e ofthis report. Any person accessing or using thls reiort shall do so at their own risk' Infomerics shall have no obligation to update, .uu'lru o. supptement this report after its publication except as requiretl under applicable regulatory guidelines.'ihe ratings ,na .epo.t, issued by Infomerics are intendcd for use in accordance *itr, ,ipli.rble laws and regilatory requirements governing credit rating agencics in India. Page 3 of 5 Continuation Sheef No. lnfomeriCI Annexure I Name of Datc Coupo Sizc of L Ne an md eer F [Showing first 8,000 characters — download PDF for full document]