Credit Rating

July 3, 2026 Listing Operation Department Listing Compliance Department BSE Limited The National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, C-1, G Block, Bandra-Kurla Complex, Mumbai – 40504040111 9 Bandra (RE)P MTEuCmHbai – 400051 Scrip Code: Symbol: Sub: Intimation of Credit Rating by CRISIL Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of Listing Regulations, we write to inform that CRISIL Limited (“CRISIL”) Credit Rating Agency, vide Credit Bulletin dated 2 July, 2026 regarding the updates on ratings of the Company, has reaf�irmed the Credit Ratings of the Company ( Long term rating : CRISIL AA-, Stable / Short Term rating : CRISIL A1+), as attached herewith. Kindly take this information on record. RASHI PERIPHERALS LIMITED Yours faithfully, Arvind Bajoria Company Secretary and Compliance Of�icer E ncl: As above Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (East), Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com • investors@rptechindia.com | CIN: L30007MH1989PLC051039 Credit Bulletin July 02, 2026 | Mumbai Update on Rashi Peripherals Limited 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. Crisil Ratings has taken note of the announcement on stock exchanges on June 23,2026 by Rashi Peripherals Limited (RPL) with regards to the acquisition of 67% stake in VDA Infosolutions Private Limited (VDA; rated ‘Crisil BBB+/Watch Positive/Crisil A2/Watch Positive’) for Rs 368.50 Cr. The company plans to acquire 100% stake in the VDA in a staggered manner by the first half of fiscal 2029. Crisil Ratings understands that the company has received the Board of Directors approval and will be making the payment for said acquisition on cash basis. Crisil Ratings will monitor the benefits and synergies due to the acquisition as VDA’s revenues are around 5% of the total revenues of the group. The ratings continue to reflect RPL's established market position in the IT and peripheral products distribution business, improving product and geographical diversification in revenue, strong risk management practices, and healthy financial risk profile. These strengths are partially offset by modest, though improving, operating margin and large working capital requirement. For accessing the previous rating rationale, please use the following link: Company Name Link to Rating Rationale Rashi Peripherals Limited Click Here Annexure: List of instruments and names of regulators of the instruments As required by SEBI CRA Circular dated Feb 10, 2026, a list of activities or instruments falling under the purview of various FSRs, along with the names of respective FSRs, is being disclosed below: A. Rating activities Regulator of the Sr. No. Instrument / activity Name instruments Listed/Proposed to be listed bonds/debentures/preference share (all 1 SEBI securities) Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all 2 MCA securities) 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)* SEBI Listed PTCs / Securitisation Notes (originated by entities not regulated by 4 SEBI RBI)* 5 Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI)* RBI 6 Listed Commercial Paper and NCDs with original maturity less than 1 year RBI 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 year RBI 8 Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs ^ RBI 9 External Commercial Borrowings and other similar borrowings RBI 10 Certificates of Deposit RBI 11 Fixed Deposits raised by NBFC's, Banks, HFCs, Fis RBI 12 Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, FIs MCA 13 Inter Corporate Deposits/Loans extended by Corporates MCA 14 Borrowing programme ~ - 15 Issuer Ratings # - Credit Ratings for Capital Protection Oriented Schemes (by Mutual Funds and 16 SEBI AIFs) 17 Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs SEBI 18 Listed Security Receipts SEBI 19 Unlisted Security Receipts RBI 20 Independent Credit Evaluation (ICE) RBI Expected Loss Ratings (for Loan Facilities (Fund/Non-Fund Based) from 21 RBI Bank/NBFCs/NHB/Fis) Expected Loss Ratings (Listed/Proposed to be listed 22 SEBI bonds/debentures/preference share (all securities)) Expected Loss Ratings (Unlisted/Proposed to be unlisted Bonds/Debentures/ 23 MCA Preference share (all securities)) Unlisted PTCs / Securitisation Notes (originated by entities not regulated by Investor-side regulator such RBI) * as IRDAI, PFRDA @ * Includes securitisation transactions involving assignee payout, acquirer's payout. ~ The rated instrument may involve issuance of different instruments such as debt securities (listed or otherwise), bank loans, commercial paper (listed or otherwise), etc. The regulator of the instrument may accordingly be SEBI, RBI or MCA and can only be determined upon issuance. In PRs subsequent to issuance(s), Crisil Ratings Limited shall separately capture the rated quantum details along with names of respective regulators. ^ Includes bank facilities such as liquidity facility, second loss facility that are part of securitisation transactions. # There is no instrument being rated and hence, Regulator of the Instrument is not applicable. The rating scale and definitions are being followed as stipulated in SEBI Master Circular for CRAs. @ These ratings were assigned during regulatory regime prior to introduction of SEBI CRA Circular dated Feb 10, 2026 and the investor side regulators have accordingly been included. Note: Kindly note that for activities or instruments falling under the purview of FSRs other than SEBI, the grievance/dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be available. Criteria Details Links to related criteria Basics of Ratings (including default recognition, assessing information adequacy) Criteria for consolidation Criteria for manufacturing, trading and corporate services sector (including approach for financial ratios) Media Relations Analytical Contacts Customer Service Helpdesk Ramkumar Uppara Himank Sharma Timings: 10.00 am to 7.00 pm Media Relations Director Toll Free Number: 1800 267 3850 Crisil Limited Crisil Ratings Limited M: +91 98201 77907 D:+91 124 672 2152 For a copy of Rationales / Rating Reports: B: +91 22 6137 3000 himank.sharma@crisil.com CRISILratingdesk@crisil.com ramkumar.uppara@crisil.com Rushabh Pramod Borkar Kartik Behl Associate Director Media Relations Crisil Ratings Limited Crisil Limited B:+91 22 6137 3000 M: +91 90043 33899 rushabh.borkar@crisil.com B: +91 22 6137 3000 kartik.behl@crisil.com Hetvi Shailesh Darji Divya Pillai Senior Rating Analyst Media Relations Crisil Ratings Limited Crisil Limited B:+91 22 6137 3000 M: +91 86573 53090 hetvi.darji@crisil.com B: +91 22 6137 3000 divya.pillai1@ext-crisil.com For Analytical queries Toll Free Number: 1800 266 6550 ratingsinvestordesk@crisil.com Note for Media: This rating rationale is transmitted to you for the sole purpose of dissemination through your newspaper/magazine/agency. The rating rationale may be used by you in full or in part without changing the meaning or context thereof but with due credit to Crisil Ratings. However, Crisil Ratings alone has the sole right of distribution (whether directly or indirectly) of its rationales for consideration or otherwise through any media including websites and portals. About Crisil Ratings Limited (A subsidiary of Crisil Limited, an S&P Global Company) Crisil Ratings pioneered the concept of credit rating in India in 1987. With a tradition of independence, analytical rigour and innovation, we set the standards in the credit rating business. We rate the entire ra [Showing first 8,000 characters — download PDF for full document]