Credit Rating

TMJL | CS | RATING | Dt | 29.06.2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C/1, Block G, Dalal Street, Fort Bandra Kurla Complex, Bandra East Mumbai – 400001 Mumbai - 400051 SCRIP CODE: 533158 SYMBOLS: THANGAMAYL Dear Sir, Sub: Disclosure under regulation 30 - Para A of Part A of schedule III of SEBI (LODR) Regulations, 2015. With reference to the above we furnish here the Credit ratings assigned by ICRA Limited. Instrument Type Size of Issue (Rs. In Rating Assigned along Rating Action Crores) with Outlook Fixed Deposit 95.00 [ICRA]A+(Stable) reaffirmed Programme Long term/ Short 1,412.00 [ICRA]A+(Stable)/ reaffirmed term Fund based/ [ICRA]A1 /assigned for Non-Fund-based enhanced amount Working Capital Limit We hereby attach the Rating letters issued by ICRA Limited for your reference. Kindly take the same on your records. Thanking You, Yours Faithfully, For Thangamayil Jewellery Limited, (K. NARAYANAN) Company Secretary ICRA Limited ICRA/ Thangamayil Jewellery Limited/ 29062026/ 2 June 29, 2026 Mr. Ba. Ramesh Joint Managing Director, Thangamayil Jewellery Limited, 25/6, Palami Centre, New Natham Road, Near Ramakrishna Mutt, Madurai – 625 014 Dear Sir, Re: ICRA’s Credit Rating for below mentioned instruments of Thangamayil Jewellery Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Instrument Rating Action1 (Rs. crore) Fixed Deposit Programme 95.00 [ICRA]A+ (Stable), reaffirmed Total 95.00 Once the instrument is issued, the rating is valid throughout the life of the captioned programme until withdrawn. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated Fixed Deposits availed/ issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising 1 Complete definitions of the ratings assigned are available at www.icra.in. BuildSienng sNitoiv. i8t,y 2 Lnda bFelolo :r ,R Teoswtreicr tAe d Tel.: +91.124 .4545300 Website: www.icra.in DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com Gurugram – 122002, Haryana Helpdesk: +91 9354738909 Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41 RATING ● RESEARCH ● INFORMATION funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Sujoy Saha Vice President sujoy.saha@icraindia.com Sensitivity Label : Restricted ICRA Limited ICRA/ Thangamayil Jewellery Limited/ 29062026/ 1 June 29, 2026 Mr. Ba. Ramesh Joint Managing Director, Thangamayil Jewellery Limited, 25/6, Palami Centre, New Natham Road, Near Ramakrishna Mutt, Madurai – 625 014 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Thangamayil Jewellery Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated amount Instrument Rating action1 (Rs. crore) Long-term/ Short-term Fund-based/ Non-Fund- [ICRA]A+ (Stable)/ [ICRA]A1, reaffirmed/ assigned 1,412.00 based – Working Capital Facilities for enhanced amount Total 1,412.00 The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising 1 Complete definitions of the ratings assigned are available at www.icra.in. BuildSienng sNitoiv. i8t,y 2 Lnda bFelolo :r ,R Teoswtreicr tAe d Tel.: +91.124 .4545300 Website: www.icra.in DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com Gurugram – 122002, Haryana Helpdesk: +91 9354738909 Registered Office: B-710, Sta [Showing first 8,000 characters — download PDF for full document]