CARE Ratings Limited, vide its Press Release dated 9th October, 2026, reviewed and reaffirmed the Credit Rating to the Company.

10th October, 2026 To, To, National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G block, Rotunda Building, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400051. Dalal Street, Mumbai- 400001. Script ID – HPAL Script Code - 543433 Subject: Intimation of Credit Ratings. Dear Sir/Madam, In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that CARE Ratings Limited, vide its Press Release dated 9th October, 2026, reviewed and reaffirmed the following rating: The details of the same are as below: Instrument Type Amount (₹ Rating/ Outlook Rating Action crore) Long Term / Reaffirmed and removed Short Term Bank 37.96 CARE BBB; Stable / from Rating Watch with Facilities CARE A3+ Negative Implications; Stable outlook assigned This information is also being uploaded on the website of the Company at www.hpadhesives.com. You are requested to take the same on record. Thanking you. Yours Truly, For HP Adhesives Limited Swati Talgaonkar Company Secretary ACS30463