Kindly find the attached SMERA credit rating certificate for the period October, 2026 to October 2027

This is to certify that BBEEMMCCOO HHYYDDRRAAUULLIICCSS LLIIMMIITTEEDD has been assigned a SMERA Performance & Credit Rating SSMMEERRAA SSMMEE 22 This rating indicates High credit worthiness in relation to other SMEs Location : BELGAUM Entity Type : Public Limited This Rating is valid from Oct 23, 2026 to Oct 22, 2027 To verify this certificate click: www.smeraonline.com/verify-certificate or scan the QR Code DDiissccllaaiimmeerr :: SMERA's Ratings / Gradings / Due Diligence and other credit assessment related services do not constitute an audit of the rated entity and should not be treated as a recommendation or opinion that is intended to substitute for a buyer's or lender's independent assessment. Rating / Grading Due Diligence are based on the information provided by the rated entity and obtained by SMERA from other reliable sources. Athough reasonable care has been token to ensure that the data and information is true and correct, SMERA makes no representation or warranty, expressed or implied with respect to the accuracy, adequocy or completeness of the infomation relied upon. SMERA is not responsible for any errors or omissions and especially states that it has no financial liability, whatsoever, for any direct, indirect or consequential loss of any kind arsing from the use of its Ratings / Gradings / Assessments.