Updates

Date: September 30, 2026 The Manager – Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 TEMBO/INE869Y01028 Dear Sir/ Madam, Subject: Update regarding Change in Credit Rating Agency Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and further to our intimation dated July 02, 2026, we once again wish to inform you that the Company has changed its credit rating agency from CARE Ratings Limited (CARE) to Infomerics Valuation and Rating Limited (Infomerics). Infomerics has assigned the ratings of IVR BBB+/Stable (Long Term) and IVR A2 (Short Term) to the Company's bank loan facilities of Rs. 390.00 Crore and the letter dated July, 02 was duly informed to the NSE. Following this change we have already informed CARE in July 2026, that we are withdrawing their rating assignment and requested them to withdraw the rating from all the places. CARE had requested us for the NOC from the lenders and we have submitted almost majority of the NOCs from the various bankers and we are in the process of obtaining the NOCs from remaining bankers and same is already conveyed to CARE. However, we understand that today CARE has assigned an "Issuer Not Cooperating" status to the Company's rating. Since the Company has already intimated them earlier to withdraw their rating and hence after obtaining the rating from Infomerics the company had no reason or necessity to provide any information to CARE in connection with the rating. We therefore wish to clarify that Infomerics is our rating agency and not CARE and hence the above wrongful status reported by CARE is of no consequence, since we did not submit fresh information to CARE Ratings. This status is procedural in nature only and does not reflect any change in the Company's financial position or credit quality. The aforesaid information is also being placed on the website of the Company at www.tembo.in. Kindly take the same on your record. Thanking you, Yours faithfully, For and on behalf of Tembo Global Industries Limited Sanjay Jashbhai Patel Managing Director DIN: 01958033