Credit Rating

05th October, 2026 To, To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, 21st Floor, Dalal Street, Bandra (East), Mumbai – 400051. Mumbai – 400001. NSE Symbol: SBFC BSE Equity Scrip Code: 543959 Dear Sir/Madam, Sub: Disclosure of Credit Rating under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the aforementioned regulation, please find below the details of the credit rating(s) provided by ICRA Limited on 05th October, 2026: A. Re-affirmation and assignment of the credit rating of the Company’s bank facilities, the details of the same is mentioned below: Credit Rating Instrument Rated Amount Credit Rating Rating Action Agency (INR in crore) Reaffirmed for INR 2,100.00 Long term Fund Crore and ICRA Limited based bank 3,000.00 [ICRA]AA-(Stable) assigned for facilities enhanced amount of INR 900.00 Crore B. Re-affirmation of the credit rating of the Company’s commercial paper, the details of the same is mentioned below: Credit Rating Instrument Rated Amount Credit Rating Rating Action Agency (INR in crore) ICRA Limited Commercial Paper 200.00 [ICRA]A1+ Reaffirmed C. Re-affirmation of the credit rating of Company’s non-convertible debentures, the details of the same is mentioned below: Details of credit rating Current rating details ISIN INE423Y07146 Amount (₹ crore) 4 00.00 (including unutilised 300.00) Name of the Credit Rating Agency ICRA Limited Credit Rating Assigned [ICRA]AA- (Stable); (Double A Minus; Outlook: Stable) Outlook (Stable/ Positive/ Negative/ No Outlook) Stable Rating Action (New/ Upgrade/ Downgrade/ Re- Reaffirmed Affirm/ Other) SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T.: +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • complianceofficer@sbfc.com CIN No: L67190MH2008PLC178270 Specify other rating action - Date of Credit rating 05th October, 2026 Verification status of Credit Rating Agencies Verified Date of verification 18th September, 2026 The rating letter dated 05th October, 2026 provided by ICRA Limited is enclosed herewith. This information is also being uploaded on the website of the Company at: https://www.sbfc.com/investors. You are requested to take the same on record. Thanking you, Yours faithfully, For SBFC Finance Limited Namrata Sajnani Company Secretary & Compliance Officer Encl: a/a SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T.: +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • complianceofficer@sbfc.com CIN No: L67190MH2008PLC178270 ICRA/SBFC Finance Limited/05102026/1 Date: October 05, 2026 Mr. Sanket Agrawal Chief Financial Officer SBFC Finance Limited Unit No. 103, 1st Floor, C & B Square, Sangam Complex, CTS No. 95A, 127, Andheri Kurla Road, Village Chakala, Andheri East, Mumbai 400059. Dear Sir, Re: SBFC Finance Limited ing actions for the mentioned instruments of your company. Instrument Rated Amount(Rs. crore) Rating Action1 Financial Sector Regulator# Long-term fund-based bank facilities 3,000.00 [ICRA]AA-(Stable); reaffirmed/assigned for enhanced amount RBI Total 3,000.00 # ilable for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. 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, orthe 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 ICRAwebsiteatwww.icra.infor latest rating(s) of the company. The rating(s) arespecific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of thesame 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-schedulementor postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence ofany significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising 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 Sachin Sachdeva Vice President sachin.sachdeva@icraindia.com 1Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-44554455330000 CCIINN:: LL7744999999DDLL11999911PPLLCC004422774499 Sensitivity Label : Restricted Annexure (as on August 31, 2026) Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating Rating Assigned On (Rated on Long-Term Scale) Bank Facilities Axis Bank Limited 29.09 [ICRA]AA-(Stable) 25-Sep-26 Axis Bank Limited 25.99 [ICRA]AA-(Stable) 25-Sep-26 Bank of India 72.16 [ICRA]AA-(Stable) 25-Sep-26 Bank of India 36.08 [ICRA]AA-(Stable) 25-Sep-26 Bank of India 400.00 [ICRA]AA-(Stable) 25-Sep-26 Canara Bank 6.63 [ICRA]AA-(Stable) 25-Sep-26 Canara Bank 52.56 [ICRA]AA-(Stable) 25-Sep-26 Canara Bank 90.00 [ICRA]AA-(Stable) 25-Sep-26 Canara Bank 45.00 [ICRA]AA-(Stable) 25-Sep-26 CSB Bank Limited 9.88 [ICRA]AA-(Stable) 25-Sep-26 CSB Bank Limited 22.47 [ICRA]AA-(Stable) 25-Sep-26 DCB Bank Limited 6.25 [ICRA]AA-(Stable) 25-Sep-26 Federal Bank Limited 6.64 [ICRA]AA-(Stable) 25-Sep-26 Federal Bank Limited 39.96 [ICRA]AA-(Stable) 25-Sep-26 IndusInd Bank Limited 260.43 [ICRA]AA-(Stable) 25-Sep-26 Kotak Mahindra Bank Limited 3.13 [ICRA]AA-(Stable) 25-Sep-26 State Bank of India 337.60 [ICRA]AA-(Stable) 25-Sep-26 State Bank of India 393.75 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 2.22 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 60.09 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 68.89 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 164.44 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 49.78 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 28.67 [ICRA]AA-(Stable) 25-Sep-26 Yes Bank Limited 13.69 [ICRA]AA-(Stable) 25-Sep-26 Unal [Showing first 8,000 characters — download PDF for full document]