Credit Rating- Others

Ref. BSHSL\CreditRating September 30, 2026 To, To, National Stock Exchange of India Limited. BSE Limited Exchange Plaza, Corporate Relations Department Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Fort, Mumbai 400 001 Bandra (E) Mumbai - 400 051 Maharashtra, India Ph: (022)-26598100-8114 Fax No: (022)-26598120 SUB: Disclosure under Regulation 30 & 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Script Symbol: BSHSL BSE Scrip Code: 544757 Dear Sir/Madam, We hereby inform that ‘CARE Ratings Limited’ has reviewed the rating as follows: Facilities / Amount Rating Rating Action Instruments (₹ Crore) Long Term 20.00 CARE BB+; Stable; Rating continues to remain under Bank Facilities ISSUER NOT ISSUER NOT COOPERATING category COOPERATING* and Downgraded from CARE BBB-; Stable Long Term / 105.00 CARE BB+; Stable / CARE Rating continues to remain under Short Term A4+; ISSUER NOT COOPERATING category Bank Facilities ISSUER NOT and Downgraded from CARE BBB-; COOPERATING* Stable / CARE A3 A copy of the rating letter dated September 29, 2026, sent by ‘CARE Ratings Limited’, is attached. The Company has withdrawn the ratings from CARE Ratings Limited. Kindly take the same in your record and acknowledge the same. Yours Faithfully, For, Bombay Super Hybrid Seeds Limited Amitkumar Khandekar Company Secretary & Chief Compliance Officer M.No. A69022 cs@bombaysuper.in No. CARE/ARO/RL/2026-27/5136 Shri Arvind Kakadia Managing Director Bombay Super Hybrid Seeds Limited PLOT NO. 8/9/11 SHREENATHJI INDUSTRIALS ESTATE NEAR KUVADAVA GIDC , NH 8-B KUVADAVA Rajkot Gujarat 360023 September 29, 2026 Confidential Dear Sir, Credit Rating of Bank Facilities This is with reference to our rating agreement dated December 13, 2024, wherein you had agreed to provide information and pay annual surveillance fee to monitor and conduct the surveillance / review of the rating over the lifetime of rated Bank facilities. 2. In the absence of adequate co-operation from your end despite repeated requests dated September 08, 2026, September 10, 2026 and September 22, 2026 and numerious phone calls etc., CARE Ratings Ltd. has reviewed the rating as follows: Amount Facilities / Instruments Rating1 Rating Action (₹ crore) Rating continues to remain under ISSUER NOT Long Term Bank CARE BB+; Stable; ISSUER NOT COOPERATING 20.00 Facilities COOPERATING* category and Downgraded from CARE BBB-; Stable Rating continues to remain under ISSUER NOT Long Term / Short Term CARE BB+; Stable / CARE A4+; COOPERATING 105.00 Bank Facilities ISSUER NOT COOPERATING* category and Downgraded from CARE BBB-; Stable / CARE A3 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications *Issuer did not cooperate; Based on best available information CARE Ratings Limited 32, Titanium, Prahladnagar Corporate Road, Corporate Office :4th Floor, Godrej Coliseum, Satellite, Ahmedabad - 380015 Somaiya Hospital Road, Off Eastern Express Phone: +91-79-4026 5656 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 3 3. We would be issuing a Press Release shortly to inform the regulators, investors and public at large. A draft of the Press Release shall also be sent to you separately. . Thanking you, Yours faithfully, Devangi Shah Sajni Shah Lead Analyst Assistant Director devangi.shah@careedge.in sajni.shah@careedge.in 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. The ratings are intended for use only within the jurisdiction of India. The ratings of CareEdge Ratings do not factor in any rating-related trigger clauses as per the terms of the facilities/instruments, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and triggered, the ratings may see volatility and sharp downgrades. CareEdge Ratings has established policies and procedures as required under applicable laws and regulations which are available on its website. Privacy Policy applies. For Privacy Policy please refer to https://www.careratings.com/privacy_policy © 2026, CARE Ratings Limited. All Rights Reserved. This content is being published for the purpose of dissemination of information required as per applicable law and regulations and CARE Ratings Limited holds exclusive copyright over the same. Any reproduction, retransmission, modification, derivative works or use or reference to the contents, in whole, in part or in any form, is prohibited except with prior express written consent from CARE Ratings Limited. CARE Ratings Limited 32, Titanium, Prahladnagar Corporate Road, Corporate Office :4th Floor, Godrej Coliseum, Satellite, Ahmedabad - 380015 Somaiya Hospital Road, Off Eastern Express Phone: +91-79-4026 5656 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 3 Annexure 1 Details of Rated Facilities 1. Long Term Facilities 1.A. Fund Based Limits Rated Name of Bank / Lender Amount Remarks (Rs. crore) 1. ICICI Bank Ltd. 20.00 Cash Credit Total 20.00 Total Long Term Facilities : Rs.20.00 crore 2. Long Term / Short Term Facilities 2.A. Fund Based /Non Fund Based Limits Rated Name of Bank / Lender Amount Remarks (Rs. crore) Cash Credit limit with Sublimit: LC: Rs.3 Crore & Bank 1. Yes Bank Ltd. 50.00 Guarantee: Rs.3 Crore Cash Credit limit with Sublimit: LC: Rs.5 Crore & Bank 2. IndusInd Bank Ltd. 35.00 Guarantee: Rs.5 Crore Total 85.00 2.B. Fund Based /Non Fund Based Limits Sr. Rated Amount Name of Bank / Lender No. (Rs. crore) 1. Proposed 20.00 Total 20.00 Total Long Term / Short Term Facilities : Rs.105.00 crore Total Facilities (1.A+2.A+2.B) : Rs.125.00 crore CARE Ratings Limited 32, Titanium, Prahladnagar C [Showing first 8,000 characters — download PDF for full document]