BSECompany Update29 Jul 2026 · 29 Jul 2026, 02:49 pm

Pursuant to SEBI (LODR) Regulation, 2015, we hereby inform you that CRISIL Ratings Limited has reviewed its credit rating. The letter from CRISIL is attached herewith for your records.

Prima Plastics Ltd · 530589

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Prima Plastics Ltd has announced that CRISIL Ratings Limited has reviewed its credit rating, reaffirming the long-term rating of Crisil BBB+/Stable and short-term rating of Crisil A2, removing them from 'Rating Watch with Developing Implications'.

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Prima Plastics Ltd - 530589 - Announcement under Regulation 30 (LODR)-Credit Rating

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July 29, 2026 BSE Limited Lis(cid:415)ng Centre Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code – 530589 Scrip Symbol – PRIMAPLA Sub: In(cid:415)ma(cid:415)on on review of Credit Ra(cid:415)ng received from CRISIL on bank facili(cid:415)es of Prima Plas(cid:415)cs Limited Dear Sir/ Madam, Pursuant to Regula(cid:415)on 30(6) read with Schedule III of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, we hereby inform you that CRISIL Ra(cid:415)ngs Limited (“CRISIL”) vide le(cid:425)er dated July 28, 2026 has reviewed its credit ra(cid:415)ngs on the bank facili(cid:415)es of the Company as follows: Total Bank Loan Facili(cid:415)es Rated Rs. 60 crores Long Term Ra(cid:415)ng Crisil BBB+/Stable (Removed from ‘Ra(cid:415)ng Watch with Developing Implica(cid:415)ons’; Ra(cid:415)ng Reaffirmed) Short Term Ra(cid:415)ng Crisil A2 (Removed from ‘Ra(cid:415)ng Watch with Developing Implica(cid:415)ons’; Ra(cid:415)ng Reaffirmed) The ra(cid:415)ng le(cid:425)er received from CRISIL is enclosed herewith. This is for your informa(cid:415)on and records. Yours Sincerely, For Prima Plas(cid:415)cs Limited Nehal Goyal Company Secretary & Compliance Officer M. No.: A79764 Encl: A/a CONFIDENTIAL RL/PRIMPLLT/397600/BLR/0726/154429 July 28, 2026 Mr. Dharmesh Sachade Chief Financial Officer Prima Plastics Limited National House, Opp. Hansa Industrial Estate, A' Building, Chandivali Junction, Saki Vihar Road, Andheri (E) Mumbai City - 400072 Dear Mr. Dharmesh Sachade, Re: Review of Crisil Ratings on the bank facilities of Prima Plastics 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.60 Crore Crisil BBB+/Stable (Removed from 'Rating Watch with Developing Long Term Rating Implications'; Rating Reaffirmed) Crisil A2 (Removed from 'Rating Watch with Developing Implications'; Short Term Rating Rating Reaffirmed) (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. 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 With warm regards, Yours sincerely, Rushabh Pramod Borkar Nivedita Shibu Associate 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) Kotak Mahindra Bank 1 Cash Credit 18.5 Crisil BBB+/Stable Limited Kotak Mahindra Bank 2 Non-Fund Based Limit 3.5 Crisil A2 Limited Kotak Mahindra Bank 3 Term Loan 18 Crisil BBB+/Stable Limited 4 Working Capital Facility Axis Bank Limited 20 Crisil BBB+/Stable Total 60 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 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 Unlist [Showing first 8,000 characters — download PDF for full document]