Credit Rating

1st July, 2026 BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (E) Mumbai- 400 001 Mumbai- 400 051 Scrip Code: 532548 Scrip Name- Centuryply Dear Sir(s)/ Madam(s) Sub: Intimation regarding Credit Rating in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We write to inform you that ICRA Limited has reaffirmed [ICRA] AA (Stable) (pronounced ICRA double A) in respect of long term credit facilities and [ICRA] A1+ (pronounced ICRA A one plus) rating for the Company in respect of short term credit facilities. ICRA has also assigned identical ratings for the Company wholly-owned subsidiary, Century Panels Ltd. A copy of the aforesaid letters is enclosed herewith for your information and record. Thanking you, Yours faithfully, For Century Plyboards (India) Ltd. Company Secretary ICRA Limited ICRA/Century Plyboards (India) Ltd/30062026/1 Date: June 30, 2026 Mr. Arun Kumar Julasaria Chief Financial Officer Century Plyboards (India) Ltd P-15/1, Taratala Road, Kolkata- 700088 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Century Plyboards (India) Ltd 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. Instrument Rated Amount (Rs. Rating Action[1] Crore) Long Term-Fund-based limits- Term loan 100.00 [ICRA]AA(Stable); reaffirmed [ICRA]AA(Stable); reaffirmed for existing Long term - Fund based / Non-fund based – Others 375.00 amount and assigned for enhanced amount [ICRA]AA(Stable); reaffirmed for existing Long Term-Fund-based limits- Cash Credit 700.00 amount and assigned for enhanced amount [ICRA]A1+; reaffirmed for existing amount and Short Term-Non-fund-based Limits 460.00 assigned for enhanced amount Short-term – Fund-based /Non-fund based – Others 329.00 [ICRA]A1+; assigned Long-term - Fund-based limits- Proposed Term Loan 150.00 [ICRA]AA (Stable); assigned Total 2114.00 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 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. 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 BuilSdeinngs Nitoiv. i8ty, 2 Lnad bFelolo :r ,R Teoswterirc Ate d 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 ● RESEARCH ● INFORMATION 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 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. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Ms. Anupama Reddy Vice President & Co-Group Head anupama.reddy@icraindia.com Sensitivity Label : Restricted Annexure Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating Rating Assigned On (Rated on Long-Term Scale) Fund-based limits-Cash credit Indian Bank 240.00 [ICRA]AA(Stable) June 23, 2026 Standard Chartered Bank 40.00 [ICRA]AA(Stable) June 23, 2026 HDFC Bank Limited 100.00 [ICRA]AA(Stable) June 23, 2026 DBS Bank India Limited 20.00 [ICRA]AA(Stable) June 23, 2026 Yes Bank Limited 10.00 [ICRA]AA(Stable) June 23, 2026 Punjab National Bank 195.00 [ICRA]AA(Stable) June 23, 2026 Kotak Mahindra Bank Limited 95.00 [ICRA]AA(Stable) June 23, 2026 Fund-based /Non-fund based - Others DBS Bank India Limited 200.00 [ICRA]AA(Stable) June 23, 2026 ICICI Bank Limited 175.00 [ICRA]AA(Stable) June 23, 2026 Fund-based limits-Term loan Punjab National Bank 100.00 [ICRA]AA(Stable) June 23, 2026 Not Applicable* 150.00 [ICRA]AA(Stable) June 23, 2026 Total 1325.00 *proposed term loan Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating Rating Assigned On (Rated on Short-Term Scale) Non-fund based limits Indian Bank 40.00 [ICRA]A1+ June 23, 2026 Standard Chartered Bank 90.00 [ICRA]A1+ June 23, 2026 HDFC Bank Limited 55.00 [ICRA]A1+ June 23, 2026 DBS Bank India Limited 75.00 [ICRA]A1+ June 23, 2026 Yes Bank Limited 140.00 [ICRA]A1+ June 23, 2026 Punjab National Bank 55.00 [ICRA]A1+ June 23, 2026 Kotak Mahindra Bank Limited 5.00 [ICRA]A1+ June 23, 2026 Fund-based /Non-fund based - Others ICICI Bank Limited 125.00 [ICRA]A1+ June 23, 2026 Punjab National Bank 4.00 [ICRA]A1+ June 23, 2026 Sumitomo Mitsui Banking Corporation 200.00 [ICRA]A1+ June 23, 2026 Total 789.00 Sensitivity Label : Restricted ICRA Limited ICRA/ Century Panels Limited /30062026/1 Date: June 30, 2026 Mr. Arun Kumar Julasaria Chief Financial Officer Century Panels Limited P-15/1, Taratala Road, Kolkata- 700088 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Century Panels 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. Instrument Rated Amount (Rs. Rating Action[1] Crore) Long term - Fund based / non-fund 11.00 [ICRA]AA(Stable); reaffirmed based - Others [ICRA]AA(Stable); reaffirmed for existing Long Term-Fund-based limits- TL 469.00 amount and assigned for enhanced amount [ICRA]AA(Stable); reaffirmed for existing Long Term-Fund-based limits- Cash Credit 262.00 amount and assigned for enhanced amount Short Term-Non-fund-based Limits 25.00 [ICRA]A1+; reaffirmed Short Term-Fund-based limits-Others 100.00 [ICRA]A1+; assigned Long term -unallocated 14.00 [ICRA]AA(Stable); assigned Total 881.00 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 [Showing first 8,000 characters — download PDF for full document]