Mangalam Global Enterprise Limited has informed the Exchange about the credit rating.

REF: MGEL/CS/SE/2026-27/39 Date: August 05, 2026 To, To, Listing Compliance Department, Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra, Dalal Street, Mumbai-400 051. Mumbai- 400001 NSE Symbol: MGEL (EQ) BSE Scrip Code: 544273 ISIN: INE0APB01032 Subject: Rating Assigned by Acuite' Ratings & Research Limited (Acuite'). Dear Sir/Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read together with the circulars and notifications issued thereunder ("Listing Regulations"), we, Mangalam Global Enterprise Limited, hereby inform that the Company has received rating from Acuite'. The said rating letter dated August 04, 2026 received from Acuite on August 05, 2026 is enclosed herewith for your reference and records. The details of the credit ratings for the bank facilities are as under: Product Quantum Long Term Short Term Regulated By (Rs. Cr) Rating Rating (Other FSR) Bank Loan Ratings 219.00 ACUITE BBB+ | - RBI Stable | Assigned Bank Loan Ratings 60.00 - ACUITE A2 | RBI Assigned Total Outstanding 279.00 - - - Quantum (Rs. Cr) The same is also available on the Company’s website at www.groupmangalam.com Kindly consider the same and take on your record. Thanking You, Yours Faithfully, For, Mangalam Global Enterprise Limited Karansingh I. Karki Company Secretary & Compliance Officer Mem. No. A30021 Enclosed: Stated above. Mangalam Global Enterprise Limited CIN: L24224GJ2010PLC062434 Regd. Office: 101, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabd-380009, Gujarat (INDIA) Tel: +91 79 61615000 (10 Lines) E mail: cs@groupmangalam.com; Website: www.groupmangalam.com; Rating Letter - Intimation of Rating Action Scan this QR Code to verify authenticity of this Letter Issued on : August 04, 2026 rating Letter Expires on : June 06, 2027 Annual Fee valid till : June 06, 2027 MANGALAM GLOBAL ENTERPRISE LIMITED 101, MANGALAM CORPORATE HOUSE 42, SHRIMALI SOCIETY, NETAJI MARG, MITHAKHALI, NAVRANGPURA Ahmedabad 380009 GUJARAT Kind Attn.: Mr. CHANAKYA PRAKASH MANGAL,DIRECTOR (Tel. No.9099978946) Sir / Madam, Sub.: Rating(s) Assigned - Bank Loans of MANGALAM GLOBAL ENTERPRISE LIMITED Please note that the current rating(s) and outlook, instrument details, and latest rating action for the aforementioned instrument are as under: Product Quantum (Rs. Cr) Long Term Rating Short Term Rating Regulated By (Other FSR) Bank Loan Ratings 219.00 ACUITE BBB+ | - RBI Stable | Assigned Bank Loan Ratings 60.00 - ACUITE A2 | RBI Assigned Total Outstanding 279.00 - - - Quantum (Rs. Cr) (cid:49)(cid:82)(cid:87)(cid:72)(cid:29)(cid:172)(cid:3)(cid:41)(cid:82)(cid:85)(cid:3)(cid:68)(cid:70)(cid:87)(cid:76)(cid:89)(cid:76)(cid:87)(cid:76)(cid:72)(cid:86)(cid:3)(cid:82)(cid:85)(cid:3)(cid:85)(cid:68)(cid:87)(cid:76)(cid:81)(cid:74)(cid:86)(cid:3)(cid:82)(cid:73)(cid:3)(cid:76)(cid:81)(cid:86)(cid:87)(cid:85)(cid:88)(cid:80)(cid:72)(cid:81)(cid:87)(cid:86)(cid:3)(cid:73)(cid:68)(cid:79)(cid:79)(cid:76)(cid:81)(cid:74)(cid:3)(cid:88)(cid:81)(cid:71)(cid:72)(cid:85)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:83)(cid:88)(cid:85)(cid:89)(cid:76)(cid:72)(cid:90)(cid:3)(cid:82)(cid:73)(cid:3)(cid:41)(cid:76)(cid:81)(cid:68)(cid:81)(cid:70)(cid:76)(cid:68)(cid:79)(cid:3)(cid:54)(cid:72)(cid:70)(cid:87)(cid:82)(cid:85)(cid:3)(cid:53)(cid:72)(cid:74)(cid:88)(cid:79)(cid:68)(cid:87)(cid:82)(cid:85)(cid:86)(cid:3)(cid:82)(cid:87)(cid:75)(cid:72)(cid:85)(cid:3)(cid:87)(cid:75)(cid:68)(cid:81)(cid:3)(cid:54)(cid:40)(cid:37)(cid:44)(cid:15)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3) grievance / dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be available. (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112) reserves the right to revise the rating(s) , along with the outlook, at any time, on the basis of new information, or other circumstances which (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:3)believes may have an impact on the rating (s). Such revisions, if any, would be appropriately disseminated by (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:3)as required under prevailing SEBI guidelines and (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:183)s policies. This letter will expire on June 06, 2027 or on the day when (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:3)takes the next rating action, whichever is earlier. It may be noted that the rating(s) is subject to change anytime even before the expiry date of this letter. Hence lenders / investors are advised to visit https://www.acuite.in/ OR scan the QR code given above to confirm the current outstanding rating(s). (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112) will re-issue this rating letter on June 07, 2027 subject to receipt of surveillance fee as applicable. If the rating(s) is reviewed before June 06, 2027, (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:3)will issue a new rating letter. Please note that under extant SEBI regulations and as per the terms of the rating agreement, once a rating is accepted and outstanding, the issuer is required to promptly furnish the (cid:182)No Default Statement(cid:183)(cid:3)on the first working day of every month. Sd/- Chief Rating Officer (cid:172) This is a system generated document. No signature is required. (cid:36)(cid:70)(cid:88)(cid:76)(cid:87)(cid:112)(cid:3)(cid:53)(cid:68)(cid:87)(cid:76)(cid:81)(cid:74)(cid:86)(cid:3)(cid:9)(cid:3)(cid:53)(cid:72)(cid:86)(cid:72)(cid:68)(cid:85)(cid:70)(cid:75)(cid:3)(cid:47)(cid:76)(cid:80)(cid:76)(cid:87)(cid:72)(cid:71) SEBI Registered | RBI Accredited 708, Lodha Supremus, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai - 400042 | +919930708000 | www.acuite.in | CIN: U74999MH2005PLC155683 (cid:36)(cid:81)(cid:81)(cid:72)(cid:91)(cid:88)(cid:85)(cid:72)(cid:86)(cid:29)(cid:3)(cid:172)(cid:172)(cid:172)(cid:172)(cid:172)(cid:172)(cid:172)(cid:172)(cid:172)(cid:3)(cid:3)(cid:3)(cid:36)(cid:17)(cid:3)(cid:39)(cid:72)(cid:87)(cid:68)(cid:76)(cid:79)(cid:86)(cid:3)(cid:82)(cid:73)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:53)(cid:68)(cid:87)(cid:72)(cid:71)(cid:3)(cid:44)(cid:81)(cid:86)(cid:87)(cid:85)(cid:88)(cid:80)(cid:72)(cid:81)(cid:87) Annexure A. Details of the rated instrument Lender's Name Facilities Listing status Regulated Scale Amt. Rating Assigned By (Rs. Cr) (Outlook) | Rating Action Punjab National Cash Credit Unlisted RBI Long- 40.00 ACUITE BBB+ | Bank term Stable | Assigned H D F C Bank Cash Credit Unlisted RBI Long- 35.00 ACUITE BBB+ | Limited term Stable | Assigned Canara Bank Working Unlisted RBI Long- 30.00 ACUITE BBB+ | Capital term Stable | Assigned Demand Loan (WCDL) Punjab National Covid Unlisted RBI Long- 2.32 ACUITE BBB+ | Bank Emergency term Stable | Assigned Line. Punjab National Working Unlisted RBI Long- 7.97 ACUITE BBB+ | Bank Capital Term term Stable | Assigned Loan H D F C Bank Working Unlisted RBI Long- 6.02 ACUITE BBB+ | Limited Capital Term term Stable | Assigned Loan H D F C Bank Term Loan Unlisted RBI Long- 6.37 ACUITE BBB+ | Limited term Stable | Assigned State Bank of Bank Unlisted RBI Short- 2.00 ACUITE A2 | India Guarantee term Assigned (BLR) H D F C Bank Working Unlisted RBI Long- 6.93 ACUITE BBB+ | Limited Capital Term term Stable | Assigned Loan Canara Bank Working Unlisted RBI Long- 6.00 ACUITE BBB+ | Capital Term term Stable | Assigned Loan Indian Bank Cash Credit Unlisted RBI Long- 15.00 ACUITE BBB+ | term Stable | Assigned Indian Bank Working Unlisted RBI Long- 3.00 ACUITE BBB+ | Capital Term term Stable | Assigned Loan Not Applicable Proposed Unlisted RBI Long- 0.65 ACUITE BBB+ | Long Term term Stable | Assigned Bank Facility State Bank of Letter of Unlisted RBI Short- 13.00 ACUITE A2 | India Credit term Assigned Punjab National Letter of Unlisted RBI Short- 10.00 ACUITE A2 | Bank Credit term Assigned H D F C [Showing first 8,000 characters — download PDF for full document]