Intimation of Credit Rating

1st August, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P. J. Tower, Dalal Street, Bandra (East), Mumbai- 400 051. Mumbai 400 001. Equity Scrip Code: EMKAY Equity Scrip Code: 532737 Debt Scrip Codes: 976528 and 977388 Dear Sir/ Madam, Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Credit Rating of facilities / instruments of the Company Pursuant to Regulation 30 read with Para A of Schedule III of SEBI Listing Regulations, please find enclosed a copy of the ratings rationale issued by ICRA Limited on 31st July, 2026, in respect of the following: Instrument Rated Rating Assigned Rating Action Amount (Rs. along with In crore) Outlook/Watch Non-convertible 100.00 [ICRA]BBB+(Stable); Reaffirmed and debentures outlook revised to Stable from Positive 100.00 [ICRA]BBB+ (Stable); Assigned Long term/ 800.00 [ICRA] BBB+ (Stable); Reaffirmed and Short term Fund assigned/[ICRA]A2+; assigned on based/ enhanced amount Non-fund- based bank lines Total 1,000.00 Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Re gistered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED Further, we enclosed herewith credit rating letter issued by ICRA Limited. Kindly take the same on record. Yours faithfully For Emkay Global Financial Services Limited Nishant S. Shirke Company Secretary and Compliance Officer Encl: a/a Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Re gistered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED ICRA Limited ICRA/Emkay Global Financial Services Limited/31072026/1 Date: Jul 31, 2026 Prakash Kacholia Managing Director Emkay Global Financial Services Limited South East Wing, The Ruby Mills Tower 7th Floor, Senapati Bapat Marg Mumbai, 400025 Dear Sir, Re: NCD of Emkay Global Financial Services Limited actions for the mentioned instruments of your company. Rated Instrument Amount Rating Action1 (Rs. crore) Non-convertible debenture 100.00 [ICRA]BBB+(Stable);Reaffirmedand outlook revised to Stable from Positive Non-convertible debenture 100.00 [ICRA]BBB+(Stable); assigned Total 200.0022 Once the instrument is issued, the rating is valid throughout the life of the captioned programme until withdrawn.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 ICRAwebsiteatwww.icra.infor latest rating(s) of the company. The rating(s) arespecific 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 NCDissued 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-schedulementor 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 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. In line with SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2024/160 dated November 18, 2024, issuers are encouraged to utilize the penny-drop verification service as provided by banks. This measure is intended to prevent payment failures when disbursing principal and/or interest to respective investors or debenture holders. Penny-drop verification serves as an efficient method for confirming the bank account details of persons designated to receive payments. Once an account has been verified through this facility, it can be used for subsequent transactions related to interestand principal payments, thereby ensuring successful remittance and avoiding failure.We look forward to your communication and assure you of our best services. Yours sincerely, For ICRA Limited Authorised Signatory ANIL GUPTA Senior Vice President anilg@icraindia.com 1Complete definitions of the ratings assigned are available at www.icra.in. 2Rs. 109.80 croreyet to be placed Building No. 8, 2ndFloor, Tower A 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 RREESSEEAARRCCHH INFORMATION Sensitivity Label : Restricted ICRA Limited ICRA/Emkay Global Financial Services Limited/31072026/2 Date: Jul 31, 2026 Prakash Kacholia Managing Director Emkay Global Financial Services Limited South East Wing, The Ruby Mills Tower 7th Floor, Senapati Bapat Marg Mumbai, 400025 Dear Sir, Re: Emkay Global Financial Services Limited actions for the mentioned instruments of your company. Rated Amount Instrument Rating Action3 (Rs. crore) Long term/ Short term Fund based/ ICRA]BBB+ (Stable); assigned /[ICRA]A2+; 800.00 Non-fund based bank lines reaffirmedand assigned on enhanced amount Total 800.00 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 ICRAwebsiteatwww.icra.infor latest rating(s) of the company. The rating(s) arespecific 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 inst [Showing first 8,000 characters — download PDF for full document]