Credit Rating

September 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot C/1, G Block, Dalal Street, Bandra – Kurla Complex, Fort, Mumbai – 400 001 Bandra – (East), Mumbai – 400 051 Scrip Code: 543367 Trading Symbol: PARAS Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Credit Rating Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that ICRA Limited, a Credit Rating Agency, has upgraded the ratings to [ICRA]A from [ICRA]A- for the long-term and short-term facilities of Paras Defence and Space Technologies Limited. The details of the instruments and the ratings are mentioned below: Name of Instruments Rating Action the Agency ICRA Limited Long Term - Fund Based – Cash [ICRA]A (Stable); upgraded from [ICRA]A- Credit (Positive) and outlook revised to Stable from Positive Long Term - Fund Based-Overdraft [ICRA]A (Stable); upgraded from [ICRA]A- (Positive) and outlook revised to Stable from Positive Long Term / Short Term – [ICRA]A (Stable); upgraded from [ICRA]A- Non-Fund Based - Bank Guarantee (Positive); outlook revised to Stable from & Letter of Credit Positive/ [ICRA]A2+ reaffirmed; assigned for enhanced amount Kindly take the above information on record and acknowledge receipt. Thanking you, For Paras Defence and Space Technologies Limited Munjal Sharad Shah Managing Director DIN: 01080863