Credit Rating- Revision

23rd October, 2026 National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051 Symbol: SINTERCOM Series: EQ Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 – CRISIL Ratings on the Bank Facilities of the Company Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, we wish to inform you that CRISIL Ratings Limited (“Credit Rating Agency”) vide its email dated 22nd July, 2026, received at 20:10 hours, has revised the credit ratings of banking facilities of Sintercom India Limited, as under: Credit Rating Type of Previous Rating Revised Rating rating Crisil Ratings Long Term CRISIL BB+/Stable Crisil BB-/Stable (Downgraded from 'Crisil Limited Rating (Reaffirmed) BB / Stable') The downgrade reflects moderation in the Company's business risk profile due to an elongated working capital cycle and high bank limit utilisation. The rating continues to reflect the extensive experience of the promoters and the established position of the company in the sintering technology segment, its expanding product basket and moderate capital structure. These strengths are partially offset by the large working capital requirement and exposure to segment and client concentration risk. A copy of credit rating letter is enclosed herewith. The aforesaid information is also being placed on the website of the Company at www.sintercom.co.in. This is for your information and record. Thanking You Yours Faithfully, For and on Behalf of Sintercom India Limited Kusum Anjana Company Secretary & Compliance Officer M. No.: A78466 CONFIDENTIAL RL/MXSP/400818/BLR/1026/162132 October 23, 2026 Mr. Pankaj Bhatwadekar Authorised Signatory Sintercom India Limited Gat No.127, At Post Mangrul, Taluka Maval (Talegaon Dabhade), Maval Pune - 410507 7276050003 Dear Mr. Pankaj Bhatwadekar, Re: Review of Crisil Ratings on the bank facilities of Sintercom India Limited All ratings assigned by Crisil Ratings are kept under continuous surveillance and review. Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating actions by Crisil Ratings on the ratings as on date. Total Bank Loan Facilities Rated Rs.26 Crore Long Term Rating Crisil BB-/Stable (Downgraded from 'Crisil BB/Stable') (Bank-wise details as per Annexure 1) As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes may have an impact on the ratings. Please visit www.crisilratings.com and search with the name of the rated entity to access the latest rating/s. In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a fresh letter of revalidation from Crisil Ratings will be necessary. Crisil Ratings products / activities or ratings of instruments other than securities that are listed or proposed to be listed may fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA), Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly disclosed by Crisil Ratings on its website. A link to the same has been provided below for ready reference: https://www.crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and- names-of-regulators.html This letter will remain valid till March 31, 2027. After this date, please insist for a new rating letter (dated later than March 31, 2027). Should you require any clarification, please feel free to get in touch with us. With warm regards, Yours sincerely, Disclaimer: A rating by Crisil Ratings reflects Crisil Ratings’ current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. Crisil Ratings’ criteria are available without charge to the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or contact Customer Service Helpdesk at Crisilratingdesk@crisil.com or at 1800-267-3850 Himank Sharma Nivedita Shibu Director - Crisil Ratings Director - Crisil Ratings Annexure 1 - Bank-wise details of various facility classes (outstanding facilities) Amount (Rs. S.No. Bank Facility Bank Outstanding Rating in Crore) SVC Co-Operative Bank 1 Cash Credit 19 Crisil BB-/Stable Limited SVC Co-Operative Bank 2 Term Loan 7 Crisil BB-/Stable Limited Total 26 Annexure: List of instruments and names of regulators of the instruments As required by SEBI CRA Circular dated Feb 10, 2026, a list of activities or instruments falling under the purview of various FSRs, along with the names of respective FSRs, is being disclosed below: A. Rating activities Sr. No. Instrument / activity Name Regulator of the instruments 1 Listed/Proposed to be listed bonds/debentures/preference share (all securities) SEBI 2 Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities) MCA 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)* $. RBI 4 Listed PTCs / Securitisation Notes (originated by entities not regulated by RBI)* SEBI 5 Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI)* RBI 6 Listed Commercial Paper and NCDs with original maturity less than 1 year RBI 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 year RBI 8 Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs ^ RBI 9 External Commercial Borrowings and other similar borrowings RBI 10 Certificates of Deposit RBI 11a Fixed Deposits raised by NBFCs,HFCs, FIs RBI 11b Fixed Deposits raised by Banks + 12 Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, FIs MCA 13 Inter Corporate Deposits/Loans extended by Corporates MCA 14 Borrowing programme ~ - 15 Issuer Ratings # - 16 Credit Ratings for Capital Protection Oriented Schemes (by Mutal Funds and AIFs) SEBI 17 Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs SEBI 18 Listed Security Receipts $. RBI 19 Unlisted Security Receipts RBI 20 Indepen [Showing first 8,000 characters — download PDF for full document]