Credit Rating

HITACHI June 23, 2026 The Secretary, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited, 1st Floor, Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, 5th Floor, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543187 Scrip Symbol: POWERINDIA Dear Sir/ Madam, Subject: Reaffirmation of Long-Term & Reassignment of Short-Term Credit Rating by CRISIL Ratings Limited Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CRISIL Ratings Limited has reaffirmed the Company’s existing long-term credit rating and reassigned short-term credit rating for INR 6,000 Crores bank facilities of the Company, the details of which are as follows: Rating Action Amount and Rating Total Bank Loan Facilities Rated Rs. 6,000 Crores Long Term Rating CRISIL AAA/Stable (Reaffirmed) Short Term Rating CRISIL A1+ (Reassigned) Further, it may be noted that there is no change in the existing credit rating of the Company except for the reassignment of short-term credit rating and that the Company was notified about it today. Copy of the Rating Rationale is enclosed for your reference. You are requested to take the same on record. Thank you, Yours faithfully, For Hitachi Energy India Limited Poovanna Ammatanda General Counsel and Company Secretary Encl.: as above Hitachi Energy India Limited Registered and Corporate Office: 8th Floor, Brigade Opus, 70/401, Kodigehalli Main Road, Bengaluru - 560 092 E-mail: investors@hitachienergy.com Phone: 080 68473700 CIN: L31904KA2019PLC121597 hitachienergy.com/in Crisil Ratings CONFIDENTIAL RUA PPSIL/398 707/ BLR/0626/150914 June 22, 2026 Mr. Tush31' Udeshi Head -Treasuiy Hitachi Energy India Limited Registered Office & Co1porate Office No. 70/401, 8th Floor, Brigade Opus, Kodigehalli Main Road, Bengalum Urban -560092 8022041800 Dear Mr. Tushar Udeshi, Re: Review of C1isil Ratings to the bank facilities of Hitachi Energy India Limited All ratings assigned by Ciisil Ratings are kept under continuous smveillance and review. Please find in the table below the ratings outstanding for the debt instn.llilents/facilities of the company, and the rating actions by C1isil Ratings on the ratings as on date. Total Bank Loan Facilities Rated Rs.6000 Crore Long Term Rating Ciisil AAA/Stable (Reaffirmed) Short Term Rating C1isil At+ lReassi2Bed) (Bank-wise details as per Annexure 1) AIJ per our Rating Agreement, C!isil Ratings would disseminate the ratings, along vvith the outlook, through its publications and other media, and keep the ratings, along with the outlook, under smveillance over the life of the instrument/facility. C!isil Ratings reserves the 1ight 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 circtl111Stances which Crisil Ratings believes may have an impact on the ratings. Please visit www.clisilratings.com and search with tl1e name oft he rated entity to access tl1e latest rating/s. In the event of the company not availing the proposed facilities within a peiiod of 180 days from the date of tllis letter, a fresh Jett.er ofr evalidation from Ciisil Ratings will be necessaiy. C1isil Ratings products / activities or ratings of instnllilents other tha!l secmities that are listed or proposed to be listed may fall under tl1e pmview of financial sector regulators (FSRs) other than SEBI. In respect of such products/ activities or ratings (under the purview of other FSRs such as Rese1ve Ba.Ilk of India (RBI), Ministiy of Co1porate Affairs (MCA), lnsttra!lce Regulatoiy and Development Authoiity of India (IRDAI), ainong others), the grievance / dispute redressal and investor protection mechailislllS available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instrnments falling m1der the purview of vaiious 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.clisilratings.com/en/home/our-business/ratings/regulato1y-disclostu·es/list-of-activities-instnl111ents-ai1d-names-of regulators.html Should you require a!lY claiification, please feel free to get in touch with us. With warm regards, Yotrrs sincerely, Mahir Ka!ltilal Gada Nivedita Shibu Associate Director -C1isil Ratings Director -Clisil Ratings Disclaimer: A rating by Cr/sit Ratings renects Cr/sit 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 Cr/sit Ratings. Our ratings are based on information provided by the issuer or obtained by Cr/sit Ratings from sources it considers reliable. Cr/sit 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 I sell or hold the rated instrument; it does not comment on the market price or suitability for a particular invesror. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when Circumstances so warranr. Crtsil Ratings is not responsible for any errors and especially states that it has no financtat liability whatsoever to the subselibers I users I transmitters I distributors ofi rs ratings. Crtsit 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 instrumenr of any company rated by Cr/sit Ratings, please visit ,vww.crisilratings.com or contact cusromer Service Hetpdesk at Crtsilrati crtsil.com ora t 1800-267-3850 Crisil Ratings Limited Corporate Identity Number:U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India. Phone: +91226137 3000 I www.crisilratings.com a company of S&P Global Crisil Ratings Disclaimer: A rating by Cr/sit Ratings renects Cr/sit 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 Cr/sit Ratings. Our ratings are based on information provided by the issuer or obtained by Cr/sit Ratings from sources it considers reliable. Cr/sit 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 I sell or hold the rated ins/TUment; it does not comment on the market price or suitability for a particular investor. Cr/sit Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when Circumstances so warrant. Cr/sit Ratings is not responsible for any errors and especially states that it has no finaneial liability whatsoever to the subselibers I users I transmitters I distributors ofi ts ratings. Crtsit Ratings' criteria are available Without charge to the public on the web site, www.crisilratings.com. Crisil Ratings or its assoc/ates may have other commercial transactions with the company/entity. For the latest rating information on any ins/TUment of any company rated by Cr/sit Ratings, please visit ,vww.crisilratings.com or contact customer Service Hetpaesk at Crtsitrati crisit.com ora t 1800-267-3850 Crisil Ratings Limited Corporate Identity Number:U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India. Phone: +91226137 3000 I www.crisilratings.com a company of S&P Global Crisil Ratings Annexure 1 -Bank-wise details ofva1·ious facility classes (outstanding facilities) Amount(Rs. S.No. Bank Facility Bank Outstanding Rating in C1·ore) Kotak Mahindra Bank 1 Fund- [Showing first 8,000 characters — download PDF for full document]