Credit Rating

To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, ‘Exchange Plaza’, Corporate Relationship Department, Bandra Kurla Complex, 1st floor, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001 Date: 01 October 2026 Sub: Disclosure pursuant to Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ISIN: Equity: INE094I01018 and Debt: INE094I07049, INE094I07072, INE094I07080 and INE094I07098. Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code - Equity: 9624 and 532924 BSE Security Code and Security Name – Debt: 974771 and KPDLZC33 BSE Security Code and Security Name – Debt: 976030 and 0KPDL34 BSE Security Code and Security Name – Debt: 977231 and KPDL161025 BSE Security Code and Security Name – Debt: 977351 and 0KPDL35 Dear Sir/Madam, Pursuant of Regulation 30, 51 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with corresponding master circulars, circulars and notifications issued thereunder, we hereby inform that CARE Ratings Limited (the rating agency) vide its letter dated 30 September 2026, has reaffirmed the rating for Listed Non- Convertible Debentures. This is for your information and record. Thanking you, For Kolte-Patil Developers Limited Vinod Patil Company Secretary and Compliance Officer Membership No. A13258 KOLTE-PATIL DEVELOPERS LTD. CIN: L45200PN1991PLC129428 Pune Regd. Office: 8th Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune-411 001, Maharashtra, India Tel.: + 91 20 6742 9200 / 6742 9201 Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India. Tel.: 080- 4662 4444 / 2224 3135/ 2224 2803 Web.: www.koltepatil.com Email id: vinod.patil@koltepatil.com No. CARE/PRO/RL/2026-27/1204 Shri Ravi Porwal Chief Financial Officer Kolte-Patil Developers Limited 8th floor, City Bay, Dhole Patil Road, Pune Maharashtra 411001 September 30, 2026 Confidential Dear Sir, Credit rating for Non-Convertible Debenture issue On the basis of recent developments including operational and financial performance of your Company for FY26 (Audited) and Q1FY27 (Unaudited), and the possible impact of the same on the credit profile of your company our Rating Committee has reviewed the following ratings: Amount Sr. No. Instrument Rating1 Rating Action (₹ crore) CARE AA-; 1. Non Convertible Debentures 250.00 Reaffirmed Stable 2. The NCDs are issued in 2 tranches being first tranche of 13,996 debentures issued on October 16, 2025 with maturity date of October 15, 2035. The second tranche of 10,994 debentures were issued on December 05, 2025 with maturity date of October 30, 2035. The face value of the debentures is Rs. 1,00,000 each. The listed NCDs have tenure of 10 years, unless redeemed earlier through linked collections. NCDs along with premium will be redeemed as and when revenues are collected with respect to earmarked units/allocated area. 3. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above rating is proposed to be issued to the press shortly, a draft of which is enclosed for your perusal as Annexure 2. We request you to peruse the annexed document and offer your comments if any. We are doing this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by October 01, 2026, we will proceed on the basis that you have no any comments to offer. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited 9th Floor, Pride Kumar Senate, Plot No. 970, Corporate Office :4th Floor, Godrej Coliseum, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Somaiya Hospital Road, Off Eastern Express Pune - 411016 Highway, Sion (E), Mumbai - 400 022 Phone: +91-20-4000 9000 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 3 4. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 5. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information throughout the life time of such bank facilities. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 6. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 7. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 8. CARE Ratings Ltd. ratings are not recommendations to buy, sell, or hold any securities. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, Sakshi Shah Sayani Mukherjee Analyst Associate Director sakshi.shah@careedge.in sayani.mukherjee@careedge.in Encl.: As above CARE Ratings Limited 9th Floor, Pride Kumar Senate, Plot No. 970, Corporate Office :4th Floor, Godrej Coliseum, Bhamburda, Senapati Bapat Road, Shivaji Nagar, Somaiya Hospital Road, Off Eastern Express Pune - 411016 Highway, Sion (E), Mumbai - 400 022 Phone: +91-20-4000 9000 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 3 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. 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