Credit Rating

October 09, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Scrip Code: ASHOKLEY Scrip Code: 500477 Through: NEAPS Through: BSE Listing Centre Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find herein below the details of Credit Ratings received from ICRA Limited, rating agency. Type of instrument Rated Amount Rating Action (in Crores) Commercial paper 2000.00 [ICRA]A1+; Reaffirmed Non-Convertible Debenture 200.00 [ICRA]AA+ (Stable); Reaffirmed Non-Convertible Debenture 300.00 [ICRA]AA+ (Stable); Reaffirmed Long-term/Short-term - Fund-based 2,000.00 [ICRA]AA+ (Stable)/[ICRA]A1+; Reaffirmed limits Long-term/Short term - Non-fund- 1,500.00 [ICRA]AA+ (Stable)/[ICRA]A1+; Reaffirmed based - Others Long-term – Fund-based - Term loan 629.38 [ICRA]AA+ (Stable); Reaffirmed Long-term/Short-term - Unallocated 750.00 [ICRA]AA+ (Stable)/[ICRA]A1+; Reaffirmed limits Total 7,379.38 We request you to kindly note and take the above information on record. Date and time of occurrence of event: October 09, 2026; 11:54 hours. Thanking you, Yours faithfully, for ASHOK LEYLAND LIMITED N Ramanathan Company Secretary