Intimation of Credit Rating under SEBI (LODR) Regulations, 2015

Refer: MSL/BSE/NSE/ August 04, 2026 BSE Limited National Stock Exchange of India Ltd 25th Floor, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai 400 001 Mumbai 400 051 Scrip Code: 523371 Scrip Symbol: MAWANASUG Sub.: Intimation of Credit Rating under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform that ICRA Limited has reaffirmed the rating of the Company as [ICRA] BBB+ (stable)/ [ICRA] A2 for Long Term/Short Term - Fund Based - working capital facilities of Rs.500 Crore. A letter dated 04.08.2026 received from ICRA Limited in this regard is enclosed. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Mawana Sugars Limited (Ashok Kumar Shukla) Company Secretary ACS-29673 Encl: As above MAWANA SUGARS LIMITED CIN • L741 00DLl 961 PLC0034 l 3 Corporale Office: Registered Office: Plat No. 03, lnslitutional Area 5th Floor, Kirli Mahal, 19, Rajendro Place Sector-32, Gurugram-122 001 (India) New Delhi-110125 (Indio) E corporale@mowanosugors.com T91-124-4447856 T 91-11-25739103 F 91-ll-25743659 www.mawonosugars.com IHRmAN ICRA lnsi9hl:B that empower ICRA/Mawana Sugars Limited/04082026/1 Date: August 04, 2026 Mr. Vikash Chief Financial Officer Mawana Sugars Limited Plot No. 3, Institutional Area, Sector -32, Gurugram -122001 Dear Sir, Re: ICRA's Credit Rating for below mentioned Instruments of Mawana Sugars Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA's Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount (Rs. Financial Sector Instrument Rating Actionll] Crore) Regulator# Long~termJShoi't:~term·-Fund-based· [ICRA)BBB+(Stable) /[ICRA]A2; 500.00 i RBI Others : Reaffirmed Total 500.00 #sEB/'s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. 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 ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific 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 instrument availed/issued by your company. r11complete definitions of the ratings assigned are available at www.icra.in. Buildin~ No. B, 2•• Ffoor, 'fower .A Tel.: +91.124 .4545300 Website: www.icm.in DLF Cyber City. PhaseU CIN: L749999DL1991PLC042749 Email: info@icraindia.com Gurugraril ., 122002, Har.ir.ina . Helpdesk: +91" 9354738909 ·Registered Office: B-71Q, Statesman House, 148, Barakba.mba Road. New Delhi 110001, Tel.: +91.11.23357940:41 RATING • • INFORMATION Sensitivity Label: Restricted ICRA Insights that empower 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 schedulement or postponement of the repayment programmes of the due:;/ 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. We look forward to your communication and assure you of our best services. With kind regards Yours sincerely For ICRA Limited AN KIT Digitally signed by ANKIT JAIN JAIN Date: 2026.08.04 12:19:55 +05'30' Ankit Jain Vice President & Co-Group Head ankit.jain@icraindia.com Sensitivity Label: Restricted ICRA Insights that empower Annexure Details of Bank Limits Rated by ICRA Instrument Name Amount (Rs. Crore) Rating Rating Assigned On Uttar Pradesh Cooperative Bank Limited Working Capital Facilities 500.00 [ICRA]BBB+{Stable)/[ICRA]A2 July 28, 2026 Total 500.00 Sensitivity Label: Restricted