Revision in Credit Ratings

Date: 11th November, 2026 The Manager, Listing Department Bombay Stock Exchange Limited Floor 25, P. J. Towers, Dalal Street, Mumbai – 400 001. Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Revision in Credit Ratings. Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform that ICRA Limited, has upgraded its ratings on the bank facilities of NIS Management Limited ("the Company"), vide its communication as received by the Company on 10th November, 2026 as under: Instrument Type Amount Current Previous Rating Action (Rs. Crores) Ratings Ratings Non-fund Short Term 22 ICRA A2+ ICRA A2 Rating based – Upgraded Others Fund- Long Term 71 ICRA A- ICRA BBB+ Rating based-Cash (Stable) (Positive) Upgraded credit Unallocated Long Term/ 3.97 ICRA A- ICRA BBB+ Rating limits Short Term (Stable)/ (Positive)/ Upgraded ICRA A2+ ICRA A2 Fund-based Short Term 3.50 ICRA A2+ ICRA A2 Rating - Standby Upgraded line of credit This information is also being uploaded on the website of the Company at: https://nis.co.in/InvestorDetails?id=21 You are requested to take the above information on your records. Thanking You, For, NIS MANAGEMENT LIMITED DEBAJIT CHOUDHURY MANAGINIG DIRECTOR DIN: 00932489 DATE: 11TH NOVEMBER, 2026 PLACE: KOLKATA NIS Management Ltd.ISO 9001:2015 Certified CIN: L74110WB2006PLC108679 Regd. Office: 1st Floor, FI-1A (W), 489, Madurdaha, Kalikapur, Kolkata – 700 107, West Bengal Phone: 91 33 2443 2026, Fax: 91 33 2443 2026, E- mail: info@nis.co.in, Website: www.nis.co.in