Please find attached intimation regarding credit rating letters received from CRISIL Ratings Limited, which is self explanatory in nature.

Godrej Industries Limited Regd. Office: Godrej One, Pirojshanagar, Eastern Express Highway, Vikhroli (El, Mumbai -400 079, India Tel.: +91-22-2518 8010/8020/8030 Fax: +91-22-25188068/8063/8074 Website: www.godrejindustries.com CIN: L24241MH1988PLC097781 Date: October 9, 2026 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Fort Exchange Plaza, Bandra -Kurla Complex, Mumbai - 400001 Bandra (East), Mumbai-400 051 Ref.: SSE Scrip Code No. "500164" Ref.: "GODREJIND" Debt Segment NSE Sub: Intimation under Regulations 30 and 51 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015 - Credit Rating for Commercial Paper Programme and Non-Convertible Debenture Programme Dear Sir I Madam, Pursuant to Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that CRISIL Ratings Limited has assigned I re-affirmed the Credit Ratings of the Company as under: a) Non-Convertible Debentures: CRISIL Ratings Limited has assigned "CRISIL AA+ (Stable)" [pronounced "CRISIL double A positive (Stable)"] rating to the Company's proposed additional issue of Non-Convertible Debentures (NCDs) of up to ~1,500 Crore (Rupees One Thousand Five Hundred Crore Only). Further CRISIL Ratings Limited has re-affirmed the existing credit rating for the already issued and listed Non-Convertible Debentures of ~7,200 Crore (Rupees Seven Thousand Two Hundred Crore Only). Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. b) Commercial Paper Programme: CRISIL Ratings Limited has re-affirmed its "Crisil A1+" (Reaffirmed)" [pronounced "CRISIL A one plus (Reaffirmed)"] rating to the Company's Commercial Paper Programme of up to B ,500 Crore (Rupees Three Thousand Five Hundred Crore)] Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such Instruments carry lowest credit risk. Please find enclosed herewith the Credit Rating Letters received from CRISIL Ratings Limited dated October 9,2026. Kindly take the above on your records. Thanking you, Yours sincerely, For Godrej Industries Limited Encl:A/a GODREJ INDUSTRIES Crisil Ratings CONFIDENTIAL RUGODSOAP/407385/NCD/l026/1611881168562394 October 09,2026 Mr. Clement Pinto Chief Financial Officer Godrej Industries Limitffi Godrej One, Pirojshanagar, Eastern Express Highway, Vikbroli MlUnbai City -400079 Dear Mr. Clement Pinto, Re: Crisil Rating on tb(' Rs. 1500 CI'ore Non COlll'el1:ibl(' D('bentul"(,s of Godl"('j Iudnstri('s Limit('d We refer to your request for a rating for the captioned Debt instnmlent. Crisil Ratings has, after due consideration, assigned a Crisil AA+/Stable (pronmmced as Crisil double A pillS rating with Stable outlook) rating to the captioned Debt instnunent. Securities with tins rating are considered to have high degree of safety regarding timely seI"icing of fmancial obligations. Such securities carry very low credit risk. Further, in view of your decision to accept the Crisil Ratings, we request you to apprise us of the instmment details (in the enclosed fonnat) as soon as it has been placed. hi the event of your company not making the issue within a period of 180 days from the above date, or in the event of any change in the size or slrucnue of your proposed issue, a fresh lener of revalidation from Crisil Ratings will be necessary. As per our Rating Agreement, Crisil Ratings would disseminate the rating along with outlook through its publications and other media, and keep the rating along witb outlook lUlder sUI"eillance for the life of the instnunent. Crisil Ratings reserves the right to withdraw, or revi~ the rating I outlook assigned to the captioned instnunent at any time, on the basis of new infonnation, or tmavailability of infonnation, or other circlUustances which Crisil Ratings believes may have an impact on the rating. Please visit www.crisilratings.com and search with tile name of the rated entity to access the latest rating/s. As per SEBI circular (reference number: CIRIIMDIDF117f20l3; dated October 22. 2013) on centralized database for corporate bonds/debentures, you are required to provide intemational securities identification munber (ISIN; along with the reference Ilumber and the dale of the raling letter) of all bondfdebenture issuances made against tins rating lener to us. The circular also requires you 10 share tins infonnalion wilh us within 2 days after the allotment of the ISIN. We request you to lnailllS all the necessaty and relevant infonnalion at debtissue@crisil.colIL This will enable Crisil Ratings 10 verifY and confinn to the depositories, including NSDL and CDSL, the ISIN details of debt rated by lIS, as required by SEBI. Feel free to contaclus at deblissne@crisil.comforanyclarificationyoumayneed. Crisil Ratings' products f activities or ratings of instnunents other than 'securities that are listed or proposed to be listed' may fall tUider the purview of fmancial sector regulators (FSRs) other than SEBI. hi respecl of sucb products I activities or ratings (lUider the pUil/iew of olher FSRs such as Reserve Bank of India (RBI), Mitnstry of Corporate Affairs (MeA), Insurance RegulatOlY and Development Authority of India (1RDAI), among others), the grievance f dispnte redl'essal and investor protection mechanisms available uuder SEBI regulations shall nol be applicable. A list of products/activities or ratitlgs of instnunents fallitlg tulder the purview of various FSRs along with tile nanleS of respective FSRs has b~"~~~: disclosed by Crisil Ratings on its website. A litlk 10 the same has been provided below for reference: names-of-regulators.html Shonld you require any clarificalion. please feel free 10 get itl tonch v.>jlh lIS. With wann regards, Disclaimer: A rating by Clisil Ratings retIecls Crisil Ratings' CIlITeIIt opinion on tile /i/relihood a timely payment of tile obIigaIjons INIder tile fated instrumenl, and does not oonsIitlie an audit of the rated entity by Grisil Ratings. OUr ratings are based 00 infcxmatioo pro'iided by tile issuer (X oblained by Crisi/ Ratings from souroes if oonsidefs reliable. Crisi/ Ratings does not guarantee IIIe completeness or iJCCIIilCY of the infomJatioo 00 wftich the rating is based. A ra/ing by CrisiI Ratings is not a recommendation 10 buy / sell (X hold the fated inslrument; if does not comment 00 the matlret price (X suitability for a particu/iu invesJor. Crisil RaJings lias a pmcIice of keeping aN its ratings under surveillance am ra/ings are revised as and wfIen circtmslances so W1Iffilnt. Crisil Ratings is not responsible for any emJIS and especially slates lhal it has flO IfnanciaJ liability whaIsoever 10 tile subsctitJen; / users / transmitters / dislritJutrxs of its ratings. Clisil Ratings' cri/eria are available wilhod cI!atge to the public on tile web site, www_crisilrninguOIP- Crisi/ Ratings (X its aswdates may have oilier oommerciiJI ITansactioos willi tile oompany/entily. FO£ the /a/est rating infomJalion on any instnJment of any company rated by Clisil Ratings, please 'iisit """. .....m silr:l.!ingHOIB (X contact CUstomer Service He/pdesk at Ctisi/rati s ctisil.oomcxat1800--267-385D Cri.;t Rat;n,. Limitad Corporate ld81ltity Numb .. r; U67100MH2019PLC326247 R<!giSittr8d Offic<!'Ughibridg<! IT P8rk, Saki Vihar Road. Andheri East, Mumbai 400 072. India. PhOIlfl: 1-91 22 6137 3000 I www.crisilralings.com a company of S&P Global Crisil Ratings Yours sincerely, o/.x- - Parth Shah Nivedila Shibu Associate Director -Crisil Ratings Director -Crisil Ratings Details of thE' Rs. 1500 ero!'!' Non COllvl'l'tibll' Dl'bl'utures of Godl'e-j Iudustlil's LimitE'd l slfranche 2nd tranche 3rd tranche nstrumenl Series: ~mounl Placed: fA!aturtty Period: ~ut or Call Options ( [Showing first 8,000 characters — download PDF for full document]