Credit Rating

Gow. oF IilDIA REGOGNISED ITIREE STAR EXPORT HO Coastal Regd. Off. Coastal One, Plot No. 1, Balaji Nagar, 3rd & 4th Floor, D.No.8-1-514, Siripuram, Visakhapatnam - 530 003, Andhra Pradesh, lndia GSTIN 37AACCC6045J1ZL Phone 089 1 -2567 1 1 8, Webs ite : www.coastralcorp.co. in Emall info@coastalcorp.co.in, secretarialdept@coastalcorp.co.in Unlt : Survey No. 173/2, Madkavalasa Village, Madhurawada, Msakhapatnam. Unlt ll : Survey No. 87, P. Dharmavaram Village, S. Rayavaram Mandalam, Yelamaciili, Msakhapatnam. (ClN:16304OAP.| 981 P1C003047) Unltlll : Plot No: D7&8, Suruey No. 208, 209 Ponnada Village, Kakinada SEZ East Godavari. To To The Manager The Manager Listing Compliance Listing Compliance National Stock Exchange of India Bombay Stock Exchange Limited Limited (NSE) P.f. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai-400 O0 lMaharashtra, India, Bandra East, Mumbai - 4OOO51 BSE Scrip Code: 501831 NSE Symbol: COASTCORP 07.08.2026 DearSir/ Madam, Subiecu Intimation r:egarding Credit Rating of the Company Pursuant to the iequirement of Regulation 30 of the SEBI (LODR) Regulations 2015, we would like to inform that CARE Ratings Limited, has reviewed Credit ratings of the Company for bank facilities assigned new ratings and re-affirmed the previous ratins. Details of the Credit ratings are as under: LongTermBank 64.24 Facilities Long-term / Short-term 273.50 CARE D bank facilities Copy of the letter received from the rating agency is attachef! herewith. Please note that this information will also be available on the website of the Company at wwwcoastalcorp.co.in. You are requested to kindly take note of the same and disseminate the information on your website. Thanking you Yours faithfully For Coastal Corporation Limited CS Swaroopa Meruva CompanySecretary No. CARE/HRO/RL/2026-27/1176 Shri G V V Satyanarayana Director Coastal Corporation Limited D.No.15-1-37/3, Jayaprada Apartments Nowroji Road, Maharanipeta Visakhapatnam Andhra Pradesh 530002 August 06, 2026 Confidential Dear Sir, Credit rating for bank facilities On the basis of recent developments including operational and financial performance of your Company for FY26 and instances of delays in FY26 annual report and the possible impact of the same on the credit profile of your company, our Rating Committee has reviewed the following ratings: Amount Facilities Rating1 Rating Action (₹ crore) Long Term Bank Downgraded from CARE 68.28 CARE D Facilities BB; Stable Long Term / Short Term Downgraded from CARE 273.50 CARE D / CARE D Bank Facilities BB; Stable / CARE A4 2. Refer Annexure 1 for details of rated facilities. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited 401, Ashoka Scintilla, 3-6-520, Himayat Nagar, Corporate Office :4th Floor, Godrej Coliseum, Hyderabad - 500 029 Somaiya Hospital Road, Off Eastern Express Phone: +91-40-4010 2030 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 4 3. 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 August 06, 2026, we will proceed on the basis that you have no any comments to offer. 4. 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. 5. 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. 6. 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. 7. 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. 8. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 9. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall the concerned bank facilities. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, CARE Ratings Limited 401, Ashoka Scintilla, 3-6-520, Himayat Nagar, Corporate Office :4th Floor, Godrej Coliseum, Hyderabad - 500 029 Somaiya Hospital Road, Off Eastern Express Phone: +91-40-4010 2030 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 4 Chethan C S Niraj Thorat Lead Analyst Assistant Director chethan.c@careedge.in niraj.thorat@careedge.in 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 between CareEdge Ratings and the user. CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON- INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE. Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount a [Showing first 8,000 characters — download PDF for full document]