Pursuant to Regulation 30 of the SEBI (LODR) Reg, 2015 we hereby inform you that Brickwork Ratings India Private Limited has assigned credit rating to the Bank loan Facilities of the Company aggregating to Rs.69.00 Crores.

W ehal Mehai Technology Limited CIN: L62099WR2013PLC293942 Date: 28.09.2026 The Manager Department of Corporate Services Bombay Stock Exchange Limited 1st Floor, New Trading Wing, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 540730 Security Id- MEHAI Dear Sir/ Madam, Subject: Intimation regarding Credit Rating assigned by Brickwork Ratings India Private Limited Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Brickwork Ratings India Private Limited (BWR) has, vide its rating communication dated 29 September 2026, assigned the following credit rating to the Bank Loan Facilities of the Company aggregating to 369.00 Crores: Particulars Amount X Crores) Rating Rating Action Fund Based —Long Term | 67.00 BWR BBB-/ Stable Assignment I{_’;‘;F“nd Based —Long | o) BWR BBB- / Stable Assignment Total 69.00 BWR BBB-/ Stable Assignment The rating assigned by BWR is BWR BBB- with Stable Outlook for the Company's bank loan facilities aggregating to 369.00 Crores. The rating rationale issued by BWR, inter alia, considers the Company's operational track record, experienced management, diversified operations, steady operating performance, strong tangible net worth and comfortable debt coverage indicators. The detailed Rating Rationale issued by Brickwork Ratings India Private Limited is enclosed herewith and is also available on the website of the Company. This is for your information and records. Thanking You, Yours faithfully, For Mehai Technology Limited Digitally signed by JUGAL JUGAL KISHORE ygiope siiacat BHAGAT Date: 20260930 192138 0530 Jugal Kishore Bhagat Managing Director DIN: 02218545 Encl.: Rating Letter and Rating Rationale issued by Brickwork Ratings India Private Limited Regd. & corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN ‘Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343 BRICKWORK" RATINGS BWR/BLR/HO/SRC/NS/4380/2026-27 29Sep2026 Mr. Jugal Kishore Bhagat Managing Director Mehai Technology Ltd. 144, Dakshindari Road Sreebhumi, North 24 Parganas, Patipukur, West Bengal, India, 700048 Dear Sir/Madam, Sub: Ratinogf the Bank Loan Facilities of Mehai Technology Ltd. amounting to Rs.69.00 Crs. (Rupees Sixty Nine Crores Only). Thank you for giving us an opportunity for rating the bank loan facilities proposed/sanctioned to your Company/entity. Based on the information and clarifications provided by you, Brick Work Ratings is pleased to assign the following ratings to Mehai Technology Ltd. bank loan facilities aggregating Rs.69.00 Crs as follows: Fund Based Cash Credit -Sanctioned 5700 Cash Credit -Proposed 0299 ‘Working Capital Demmand Loan -Out-standing 0284 LongTemn BWR BBB - /Stabk: Assignnent GECL -Sanctoned 0417 Sub-Limit (Cash Credit)-Sanctioned (00.50) Sub Total 6700 Non-Fund Based Bark Guaraniee -Sanctbned 0200 LongTemm BWR BBB - /Stabk: Assignnent Sub Total 200 Grand Total 6900 (Rupees Sixty Nine Crores Only) #Please refer to BWR website wwwibrickworkratincgosm. for definition of he ratings assigned **Bark Loan fclty detals are furmished in Amnexre-T The ratings assigned as above are valid for twelve months from the date of communication, publication of rating rationale dated , subject to the terms and conditions that were agreed upon in your mandate dated 15 Jul 2026 and any other relevant correspondence, if any. Brickwork Ratings' standard disclaimer appended at the end of this letter. Brick Work Ratings will monitor the rated bank loan facilities throughout the validity period. Please submit the information detailed in Annexure-ITon a Brickwork Ratings India Private Limited £ www.brickworkratings.com 3rd Floor, Raj Alkaa Park, Kalena Agrahara Bannerghatta Road, Bengaluru 560 076. = info@brickworkratings.com {2 Phone: +91 80 4040 9999 CIN: U67190KA2007PTC043591 BRICKWORK" RATINGS regular basis, as it is required for ongoing surveillance and review. Inform us promptly if any developments arise that could affect your company's financial performance. Non submission of No Default Statement (NDS) on a monthly basis, will result in publishing your Company's name on our website under "NDS not submitted". Please note that on non-submission of NDS for consecutive 3 months or BWR's inability to validate your timely debt servicing through any other source, your rating will be migrated to Issuer Not Co-operative (INC) category within 5 working days from three consecutive months of non-submission of NDS. BWR may in its judgement migrate your rating to INC category before the expiry of three consecutive months of non-receipt of NDS. Rating Rationale issued by us in this regard is enclosed for your information. We are also endorsing a copy of this letter along with a copy of the said Rating Rationale to your bankers for their information and records. ‘We look forward to your cooperation in maintaining the transparency and integrity of the rating process. Best Regards, Suryanarayan N Director Note: Rating Rationale of all accepted ratings are publisheond the Brickwork Ratings website. Please refetro our website at wwwbrickworkratingsI.fc yoomu cannot view the rationale, inforums at brickworkhelp@brickworkratings.com. Brickwork Ratings India Private Limited £ www.brickworkratings.com 3rd Floor, Raj Alkaa Park, Kalena Agrahara Bannerghatta Road, Bengaluru 560 076. = info@brickworkratings.com {2 Phone: +91 80 4040 9999 CIN: U67190KA2007PTC043591 BRICKWORK" RATINGS Mehai Technolo; Annexul Details of Bank Loan Facilities Rated by BWR Cash Credit-Sanctioned 13.00 Long Term § Sub-Limit (Cash Credit) -Sanctioned (0.50) Indian Overseas Bank Bank Guarantee-Sanctioned Long Term 2,00 Working Capital Demand Loan-Out-standing Long Term 2.84 Others Cash Credit-Proposed Long Term 2.99 Cash Credit-Sanctioned Long Term 24.00 Punjab National Bank GECL-Sanctioned Long Term 4.17 UCO Bank Cash Credit-Sanctioned Long Term 20.00 TOTAL (Rupees Sixty Nine Crores Only) 69.00 Brickwork Ratings India Private Limited £ www.brickworkratings.com 3rd Floor, Raj Alkaa Park, Kalena Agrahara Bannerghatta Road, Bengaluru 560 076. =« info@brickworkratings.com {2 Phone: +91 80 4040 9999 CIN: U67190KA2007PTC043591 BRICKWORK" RATINGS Mehai Technolo. Annexure-IT The following documents/ information should be submitted to BWR: Confirmation that the Company has fully complied with the term and conditions of the sanction letter. Certified copies of periodical Inventories, book debts, and bills receivable statements submitted to the bank. Confirmation about payment of instalment and interest upon payment. Schedule of Term Loan instalments and interest due, along with payments made to date. Certified copies of Quarterly Information Statements (QIS) and Half Yearly Information Statements (HYIS) submitted to the bank. . Certified copies of Quarterly Financial Statements (QFS) for the current fiscal year Certified copies of the Banks' Statements of Accounts every quarter. Quarterly / Half- yearly financial statements (unaudited or with limited review) and Annual financial statements (provisional as well as audited). Information on any delays or defauts in servicing bank loans, letters of credit, letters of guarantee, NCDs, bonds and oher borrowings, by the Company as at the end of March, June, September and December cach year. 10. Information on any delays or defaults in debt obligations of subsidiaries or other group companies, at the end of March, June, September and December cach year. 11. Certified copies of the monthly/quarterly book debt and receivable statements submitted to the bank. Any other statement/information as requested by sent to rst@brickworkratings.com rst@brickworkratings.com DISCLAIMER Nature of Ratings & Information: BWR ratings arc opinions on the relatve ablty of an entit/instrument to meet it fizancial obligations and are based on information obtained fiom ssuers and other sources [Showing first 8,000 characters — download PDF for full document]