Credit Rating

EASTERN SILK INDUSTRIES LIMITED CIN : L17226WB1946PLC013554 Tel : + 91- 80-27840691 Corporate Office : # 39, Chandapura, Anekal Road Email : Office@EasternSilk.com Bangalore, Karnataka - 562106 Website : www.EasternSilk.com Date: 01.07.2026 National stock exchange of India Ltd BSE Limited “Exchange Plaza” Floor 25, P.J. Towers, Bandra Kurla Complex Dalal Street, Bandra (E), Mumbai 400 051 Mumbai 400 001 NSE Symbol: EASTSILK BSE Scrip Code: 590022 Sub: Intimation regarding withdrawal of Credit Ratings assigned by CRISIL Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we wish to inform you that, considering the request of the Company and as per the policy on withdrawal of CRISIL, and upon receipt of NIL balance confirmation letters from the lenders of the Company, CRISIL, has communicated the withdrawal of its ratings on bank loan facilities of Eastern Silk Industries Limited. Eastern Silk Industries Limited has Nil external borrowings from various Banks and NBFCs. Thus, it approached CRISIL Rating Limited (CRISIL) to withdraw its ratings on bank loan facilities. At Company’s request CRISIL has withdrawn the ratings and copy of the withdrawal letter [Rating Rationale] dated June 30, 2026 are enclosed herewith for reference. We request you to kindly take the above information on your record. You are requested to take the above information on record. Thanking you, Your’s Faithfully, Eastern Silk Industries Limited Nitin Dubey Company Secretary Registered Office: #19, R. N. Mukherjee Road, Kolkata – 700001 An ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) ISO 45001:2018 (OHSMS) Certified Company Rating Rationale June 30, 2026 | Mumbai Eastern Silk Industries Limited Rating Withdrawn Rating Action Total Bank Loan Facilities Rated Rs.471.5 Crore Long Term Rating Withdrawn Note: None of the Directors on Crisil Ratings Limited’s Board are members of rating committee and thus do not participate in discussion or assignment of any ratings. The Board of Directors also does not discuss any ratings at its meetings. 1 crore = 10 million Refer to Annexure for Details of Instruments & Bank Facilities Detailed Rationale Despite repeated attempts to engage with the management, Crisil Ratings failed to receive any information on either the financial performance or strategic intent of Eastern Silk Industries Limited (ESIL). This restricts Crisil Ratings’ ability to take a forward-looking view on the credit quality of the entity. Crisil Ratings believes that rating action on ESIL is consistent with ‘Assessing Information Adequacy Risk’. Crisil Ratings has withdrawn its rating on the bank facilities of ESIL following the request of the company and after receiving no dues certificate from the bank. The rating action is in line with Crisil Ratings' policy on withdrawal of bank loan ratings. Analytical Approach For arriving at the ratings, Crisil Ratings has considered the standalone business and financial risk profiles of ESIL. About the Company ESIL, incorporated in 1946, manufactures silk yarn, made-ups, home furnishings, fashion fabrics, handloom fabrics, double- width fabrics, and embroidered fabrics The manufacturing facilities are at Anekal and Hobli in Bengaluru, and Nanjangud (all in Karnataka), and Falta Special Economic Zone (West Bengal). Any other information: Not applicable Note on complexity levels of the rated instrument: Crisil Ratings` complexity levels are assigned to various types of financial instruments and are included (where applicable) in the 'Annexure - Details of Instrument' in this Rating Rationale. Crisil Ratings will disclose complexity level for all securities - including those that are yet to be placed - based on available information. The complexity level for instruments may be updated, where required, in the rating rationale published subsequent to the issuance of the instrument when details on such features are available. For more details on the Crisil Ratings` complexity levels please visit www.crisilratings.com. Users may also call the Customer Service Helpdesk with queries on specific instruments. Please note: More details including a list of activities or instruments, along with the names of respective financial sector regulators (FSRs) whose purview they fall under, is available in 'Annexure – List of Instruments and Names of Regulators' below. Annexure - Details of Instrument(s) Rating Name Of Date Of Coupon Maturity Issue Size Complexity ISIN Outstanding Instrument Allotment Rate (%) Date (Rs.Crore) Levels with Outlook Working Capital NA NA NA NA 62.87 NA Withdrawn Facility Funded Interest NA NA NA NA 9.88 NA Withdrawn Term Loan Funded Interest NA NA NA NA 3.89 NA Withdrawn Term Loan Funded Interest NA NA NA NA 4.88 NA Withdrawn Term Loan Funded Interest NA NA NA NA 4.59 NA Withdrawn Term Loan Funded Interest NA NA NA NA 1.87 NA Withdrawn Term Loan Funded Interest NA NA NA NA 11.42 NA Withdrawn Term Loan Funded Interest NA NA NA NA 3.33 NA Withdrawn Term Loan Funded Interest NA NA NA NA 1.19 NA Withdrawn Term Loan Funded Interest NA NA NA NA 4.27 NA Withdrawn Term Loan Funded Interest NA NA NA NA 3.05 NA Withdrawn Term Loan Funded Interest NA NA NA NA 1.22 NA Withdrawn Term Loan Funded Interest NA NA NA NA 4.98 NA Withdrawn Term Loan Proposed Long NA Term Bank Loan NA NA NA 4.50 NA Withdrawn Facility NA Term Loan NA NA NA 23.57 NA Withdrawn NA Term Loan NA NA NA 30.00 NA Withdrawn Working Capital NA NA NA NA 29.73 NA Withdrawn Term Loan Working Capital NA NA NA NA 27.69 NA Withdrawn Term Loan Working Capital NA NA NA NA 19.73 NA Withdrawn Term Loan Working Capital NA NA NA NA 7.89 NA Withdrawn Term Loan Working Capital NA NA NA NA 7.70 NA Withdrawn Term Loan Working Capital NA NA NA NA 63.99 NA Withdrawn Term Loan Working Capital NA NA NA NA 31.63 NA Withdrawn Term Loan Working Capital NA NA NA NA 12.10 NA Withdrawn Term Loan Working Capital NA NA NA NA 73.98 NA Withdrawn Term Loan Working Capital NA NA NA NA 21.55 NA Withdrawn Term Loan Annexure - Rating History for last 3 Years Current 2026 (History) 2025 2024 2023 Start of 2023 Outstanding Instrument Type Rating Date Rating Date Rating Date Rating Date Rating Rating Amount Fund Crisil D Crisil D Crisil D Crisil D Based LT 471.5 Withdrawn -- 27-06-25 (Issuer Not 30-04-24 (Issuer Not 07-02-23 (Issuer Not (Issuer Not Facilities Cooperating) Cooperating) Cooperating) Cooperating) All amounts are in Rs.Cr. Annexure - Details of Bank Lenders & Facilities Facility Amount (Rs.Crore) Rating Funded Interest Term Loan 9.88 Withdrawn Funded Interest Term Loan 3.89 Withdrawn Funded Interest Term Loan 4.88 Withdrawn Funded Interest Term Loan 4.59 Withdrawn Funded Interest Term Loan 1.87 Withdrawn Funded Interest Term Loan 11.42 Withdrawn Funded Interest Term Loan 3.33 Withdrawn Funded Interest Term Loan 1.19 Withdrawn Funded Interest Term Loan 4.27 Withdrawn Funded Interest Term Loan 3.05 Withdrawn Funded Interest Term Loan 1.22 Withdrawn Funded Interest Term Loan 4.98 Withdrawn Proposed Long Term Bank Loan 4.5 Withdrawn Facility Term Loan 23.57 Withdrawn Term Loan 30 Withdrawn Working Capital Facility 2.57 Withdrawn Working Capital Facility 15.71 Withdrawn Working Capital Facility 4.58 Withdrawn Working Capital Facility 6.31 Withdrawn Working Capital Facility 1.68 Withdrawn Working Capital Facility 5.88 Withdrawn Working Capital Facility 4.19 Withdrawn Working Capital Facility 6.72 Withdrawn Working Capital Facility 13.59 Withdrawn Working Capital Facility 1.64 Withdrawn Working Capital Term Loan 29.73 Withdrawn Working Capital Term Loan 27.69 Withdrawn Working Capital Term Loan 73.98 Withdrawn Working Capital Term Loan 21.55 Withdrawn Working Capital Term Loan 31.63 Withdrawn Working Capital Term Loan 12.1 Withdrawn Working Capital Term Loan 19.73 Withdrawn Working Capital Term Loan 7.89 Withdrawn Working Ca [Showing first 8,000 characters — download PDF for full document]