Credit Rating

Ref: SEC/SE/22/2026-27 Date: 24th June 2026 The Manager- Listing The Manager – Listing The National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Bandra – Kurla Complex, Bandra Corporate Relationship Department (EAST), Mumbai – 400051 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 NSE SYMBOL: SENCO BSE SCRIP CODE: 543936 Dear Sir(s)/ Madam(s), Sub: Intimation regarding Credit Rating under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that ICRA Limited, vide its letter dated June 24, 2026, has rated the Company's proposed Commercial Paper issue. This facility will enable the Company to raise working capital cost-effectively, while preserving its stable credit profile and lender relationships. The credit ratings reaffirmed/ assigned by ICRA to the various instruments/facilities of the Company are as below: Instrument/Facilities Rated Amount Rating Rating Action (in Rs. crore) Long-Term / Short-Term – 2400.00 [ICRA]A+ (Stable) / Reaffirmed Fund-Based / Non-Fund-Based [ICRA]A1 Limits – Working Capital Facilities Fixed Deposit Programme 495.00 [ICRA]A+ (Stable) Reaffirmed Long-Term / Short-Term – 600.00 [ICRA]A+ (Stable) / Reaffirmed Unallocated Limits [ICRA]A1 Commercial Paper 500.00 [ICRA]A1 Assigned The rating letter issued by ICRA Limited along with rating rationale are enclosed herewith and shall also be available on the website of the company. Yours sincerely, For SENCO GOLD LIMITED Mukund Chandak Company Secretary & Compliance Officer Membership No. A20051 Encl: As above ICRA Limited ICRA/ Senco Gold Limited/ 24062026/ 1 June 24, 2026 Mr. Sanjay Banka Chief Financial Officer, Senco Gold Limited, Diamond Prestige, 19th Floor, 41A, A. J. C. Bose Road, Kolkata – 700 017 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Senco Gold Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Current Rated Amount Instrument Rating Action1 (Rs. crore) Long-term/ Short-term – Fund-based/ Non-fund-based 2,400.00 [ICRA]A+ (Stable)/ [ICRA]A1, reaffirmed Limits – Working Capital Facilities Long-term/ Short-term – Unallocated Limits 600.00 [ICRA]A+ (Stable)/ [ICRA]A1, reaffirmed Total 3,000.00 The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that 1 Complete definitions of the ratings assigned are available at www.icra.in. BuildSienng sNitoiv. i8t,y 2 Lnda bFelolo :r ,R Teoswtreicr tAe d Tel.: +91.124 .4545300 Website: www.icra.in DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com Gurugram – 122002, Haryana Helpdesk: +91 9354738909 Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41 RATING ● RESEARCH ● INFORMATION could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Sujoy Saha Vice President sujoy.saha@icraindia.com Sensitivity Label : Restricted Annexure Senco Gold Limited Details of Bank Limits Rated by ICRA (Rated on Long-Term and Short-Term Scale) Amount Fund Based/ Non-Fund Based Bank Limits Rating Assigned on (Rs. Crore) Axis Bank – Working Capital Facilities 190.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Bandhan Bank – Working Capital Facilities 150.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Bank of Baroda – Working Capital Facilities 100.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 DCB Bank – Working Capital Facilities 150.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Federal Bank – Working Capital Facilities 187.50 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 HDFC Bank – Working Capital Facilities 110.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 ICICI Bank – Working Capital Facilities 155.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 IDBI Bank – Working Capital Facilities 60.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 IDFC FIRST Bank – Working Capital Facilities 180.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Indian Bank – Working Capital Facilities 182.40 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Indian Overseas Bank – Working Capital 100.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Facilities IndusInd Bank – Working Capital Facilities 85.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Jana Small Finance Bank – Working Capital 100.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Facilities Karnataka Bank – Working Capital Facilities 50.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Kotak Mahindra Bank – Working Capital 200.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Facilities Qatar National Bank SAQ – Working Capital 100.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Facilities RBL Bank – Working Capital Facilities 65.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 South Indian Bank – Working Capital Facilities 10.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 State Bank of India – Working Capital Facilities 45.10 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 YES Bank – Working Capital Facilities 180.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Amount Other Bank Limits Rating Assigned on (Rs. Crore) Unallocated Limits 600.00 [ICRA]A+ (Stable)/ [ICRA]A1 June 19, 2026 Total 3,000.00 Sensitivity Label : Restricted ICRA Limited ICRA/ Senco Gold Limited/ 24062026/ 2 June 24, 2026 Mr. Sanjay Banka Chief Financial Officer, Senco Gold Limited, Diamond Prestige, 19th Floor, 41A, A. J. C. Bose Road, Kolkat [Showing first 8,000 characters — download PDF for full document]