NSECredit Rating1 Jul 2026 · 1 Jul 2026, 10:36 am

Credit Rating

Surya Roshni Limited · SURYAROSNI

✦ AI SummaryRating Change

Surya Roshni Limited has had its credit ratings reaffirmed by CARE Edge Ratings, with its long-term bank facilities rated at AA with a stable outlook and short-term bank facilities rated at A1+ with a reaffirmed rating.

Analysis Scores

Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10

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Full Announcement

Surya Roshni Limited has informed the Exchange about Credit Rating

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SURYAROSNI_01072026103515_CARE_Credit_Rating_Reaffirmed.pdf

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SURYA ROSHNI LIMITED An IS/ISO 9001, An ISnSO 14001 & IS: 18001 Company CIN-L31501HR1973PLC007543 Padma Tower-I, Rajendra Place, New Delhi-110 008 Ph.: +91-11-47108000 E-mail: cs@surya.in Website : www.surya.co.in SRL/26-27/13 July 01, 2026 The Secretary The Manager (Listing Department) BSE Limited The National stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Plot No. C/1, G Block Dalal Street, Bandra Kurla Complex, Bandra (E) MUMBAI - 400001 Mumbai - 400 051 Scrip Code: 500336 NSE Symbol: SURYAROSNI SUB: CARE RA TING REAFFIRMED TO AA; STABLE FOR LONG TERM BANK FACILITIES AND Al+ FOR SHORT TERM BANK FACILITIES Madam / Sir, In terms of Regulation 30 read with Para A-of Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby infonned that CARE Edge Ratings vide its letters dated June 30, 2026 has conveyed ratings of Surya Roshni Limited as mentioned hereunder: Facilities/Instruments Amount Ratings Rating Action (~ crore) Long Term Bank Facilities 349.00 CARE AA ; Stable Reaffirmed <Double A; Stable) Short Term Bank Facilities 651.00 CARE Al+ Reaffirmed (A One Plus) The reaffinned of the ratings assigned to the bank facilities factors in Surya Roshni Limited's (SRL) is on the basis of recent developments including operational and financial perfonnance of the Company for FY26 (Audited) and the possible impact of the same on the credit profile of the Company. The letter CARE/HO/RL/2026-27/1813 dated June 30 2026 as received from CARE Edge Ratings is enclosed for your reference. Kindly take the same in your records Thanking you, Yours faithfully, for Surya Roshni Limited BB Singal CFO & Company Secretary Enclosed: as above. • Regd. Office : Prakash Nagar, Sankhol, Bahadurgarh, Haryana -124507 CareEdge RATINGS No.CARE/HO/RL/2026-27/1813 Shri Sanjay Mittal Senior General Manager Surya Roshni Limited 2nd Floor Padma Tower 1 Rajendra Place New Delhi Delhi 110008 June 30, 2026 confidential Dear Sir, Credit rating for bank facmt;es On the basis of recent developments including operational and financial performance of your Company for FY26 (Audited) 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 (t crore) Long Term Bank 349.00 CARE AA; Stable Reaffirmed Facilities Short Term Bank 651.00 CARE Al+ Reaffirmed Facilities 2. Refer Annexure 1 for details of rated facilities. 'Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings ltd.'s publications. CARE Ratings Limited 4th Floor, Godrej Coliseum, Soma1ya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 5 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 July 08, 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.careratinqs.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 4th Floor, Godrej Coliseum, Soma1ya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 5 Himanshu Mahlyan Hitesh Avachat Lead Analyst Director himanshu.mahjyan@careedqe.in hitesh.avachat@careedqe.in End,: As above Disclaimer This disclaimer pertains to the ratings Issued and content published by CARE Ratings Limited rcareEdge Ratingsj. 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 refiects 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 relatlonshlp between careEdge Ratings and the user. CAREEDGE RATINGS DISCLAIMS WARRAN'TY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITTONS, 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 and type of bank facilities/instruments. careEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity. careEdge Ratings does not act as a fiduciary by providing the rating. The ratings are Intended for use only within the jurisdiction of India. The ratings o [Showing first 8,000 characters — download PDF for full document]