Credit Rating- Revision

BANNARI AMMAN SPINNING MILLS LIMITED Regd. Office: 252, Mettupalayam Road, Coimbatore - 641 043, Tamilnadu INDIA Telephone : 0422 - 2435555 E-mail : shares@bannarimills.com Website : www.bannarimills.com CIN : L17111TZ1989PLC002476 GSTRN : 33AAACB8513A1ZE BASML/SEC/378/SE’S/2026-27 29.6.2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Floor25, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street Bandra (East), Mumbai 400 051 Mumbai 400 001 Dear Sir, Sub: Intimation regarding Credit Rating under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Scrip Code: NSE - BASML ; BSE - 532674 Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Care Rating Limited, a Credit Rating Agency has revised/reaffirmed the credit ratings to the Company’s Long term Bank facilities, Long term/Short term Bank facilities, Short term Bank facilities. Copy of Credit Rating letter is enclosed herewith. Kindly take on record of the above. Thanking you, Yours faithfully, For BANNARI AMMAN SPINNING MILLS LIMITED N KRISHNARAJ COMPANY SECRETARY GKS\Server\BASML\Letter to NSE BSE No. CARE/CMBO/RL/2026-27/1042 Shri S V Arumugam Managing Director & Chairman Bannari Amman Spinning Mills Limited 252, Mettupalayam Road Coimbatore Tamil Nadu 641043 June 29, 2026 Confidential Dear Sir, Credit rating for bank facilities On the basis of recent developments including operational and financial performance of your Company for FY26 (Audited), our Rating Committee has reviewed the following ratings: Amount Facilities Rating1 Rating Action (₹ crore) Long Term Bank Reaffirmed; Outlook 246.39 CARE BBB-; Stable Facilities revised from Negative Long Term / Short Term CARE BBB-; Stable Reaffirmed; Outlook 283.00 Bank Facilities / CARE A3 revised from Negative Short Term Bank 83.35 CARE A3 Reaffirmed Facilities 2. Refer Annexure 1 for details of rated facilities. 3. The rating report for the rating will be communicated to you separately. 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. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited T-3, Manchester Square, 3rd Floor, No: 14, Corporate Office :4th Floor, Godrej Coliseum, Puliakulam Road, Coimbatore - 641037 Somaiya Hospital Road, Off Eastern Express Phone: +91-422-433 2399/ +91-422-450 2399 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 6 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 take into account the sovereign risk, if any, attached to the foreign currency loans, and the ratings are applicable only to the rupee equivalent of these loans. 7. 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. 8. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 9. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall the concerned bank facilities. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, Ragavilashini Muralikrishnan Naveen S Lead Analyst Associate Director ragavilashini.m@careedge.in naveen.kumar@careedge.in Encl.: As above CARE Ratings Limited T-3, Manchester Square, 3rd Floor, No: 14, Corporate Office :4th Floor, Godrej Coliseum, Puliakulam Road, Coimbatore - 641037 Somaiya Hospital Road, Off Eastern Express Phone: +91-422-433 2399/ +91-422-450 2399 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 6 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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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 diss [Showing first 8,000 characters — download PDF for full document]