Change in credit rating agency and assignment of credit rating

HEXAGON NUTRITION LIMITED ·Nutritionally Yours... Ref: HNL/SEC/2026-27/14 Date: 01st August 2026 National Stock Exchange of India Limited BSE Limited Listing & Compliance Department Listing Department Exchange Plaza, C-1, Block G, Floor 25, P J Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai – 400051, Maharashtra, India. Maharashtra, India. SYMBOL: HEXAGON Scrip Code: 544785 Dear Sir/Madam, Ref: HEXAGON NUTRITION LIMITED - ISIN: INE0JUI01012 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Change in Credit Rating Agency and Assignment of Credit Rating Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has appointed CARE Ratings Limited as its credit rating agency in place of ICRA Limited for the purpose of obtaining credit ratings in respect of its bank facilities and/or debt instruments. Further, the Company has received a credit rating letter dated 29th July 2026 from CARE Ratings Limited, assigning the following ratings: Facility Amount (Rs. Crore) Credit Rating Long Term Bank Facilities 23.00 CARE A-; Stable Long Term / Short Term Bank Facilities 43.00 CARE A-; Stable / CARE A2+ The rating has been assigned by CARE Ratings Limited based on its independent assessment of the Company's financial and operational profile. A copy of the credit rating letter/rationale issued by CARE Ratings Limited is enclosed herewith. The same has also been published on its website on 31st July 2026 at https://www.careratings.com/search?Id=h+23qVhr2FKT59YMz9odrQ== The above information is also being made available on the website of the Company. Kindly take the above information on record. Yours faithfully, For Hexagon Nutrition Limited Vedanti Vartak Company Secretary and Compliance Officer ICSI Membership No.: A41580 CIN:- L24110MH1993PLC072189 Registered Office : Nashlk Plant : 404 Global Chamber, Adarsh Nagar, Link Road, Plot No. 92 & Plot No. 447, Unandanagar, Lakhamapur, Andherl (W), Mumbai, Maharashtra - 400053, India Dlndorl, Naslk - 422 202, Maharashtra, India Tel. No.: +91-22-62136710/711 Website : www.hexagonnutrltlon.com Chennal Plant : Email ID: enqulry@hexagonnutrltlon.com Plot No. B11, Phase - 1 MEPZ-SEZ, Tambaram, Chennal - 600 045, Tamil Nadu, India Care=dge RATINGS No. CARE/HO/RL/2026-27/2181 Shri Soman Jana Chief Financial Officer Hexagon Nutrition Limited 4th Floor, 404, Global Chambers, Adarsh Nagar, Off Link Road, Andheri West, Mumbai Maharashtra 400053 July 29, 2026 Confidential Dear Sir, Credit rating for bank facilities Please refer to your request for rating the bank facilities of your Company 2. The following ratings have been assigned by our Rating Committee: Amount Facilities Rating1 Rating Action (₹ crore) Long Term Bank 23.00 CARE A-; Stable Assigned Facilities Long Term / Short CARE A-; Stable / CARE 43.00 Assigned Term Bank Facilities A2+ 3. Refer Annexure 1 for details of rated facilities. 4. The above rating is normally valid for a period of one year from the date of our initial communication of rating to you (that is July 28, 2026). 5. The rating report for the rating will be communicated to you separately. A write-up (press release) on the above rating is proposed to be issued to the press shortly, a draft of which is enclosed for your perusal as Annexure 2. We request you to peruse the annexed document and offer your comments if any. We are doing this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by July 31, 2026, we will proceed on the basis that you have no any comments to offer. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 4 6. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 7. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information throughout the life time of such bank facilities. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 8. Our ratings do not take into account the sovereign risk, if any, attached to the foreign currency loans, and the ratings are applicable only to the rupee equivalent of these loans. 9. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 10. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 11. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall any bank facilities. 12. If you need any clarification, you are welcome to approach us in this regard. We are indeed, grateful to you for entrusting this assignment to CARE Ratings Ltd.. Thanking you, Yours faithfully, Pranay Nighukar Anup Nandkumar Purandare Lead Analyst Assistant Director pranay.nighukar@careedge.in anup.purandare@careedge.in CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 4 Encl.: As above Disclaimer This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice. The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained from the use of such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way. CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access of the rating does not create a client relationship [Showing first 8,000 characters — download PDF for full document]