Disclosure pertaining to Withdrawal of Credit Rating assigned in respect of Loan facilities obtained from IDBI Bank Limited stands withdrawn, as the said loan facilities has been fully repaid.

PARAMOUNT August 17, 2026 Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400001 Sub: Intimation regarding Withdrawal of Credit Rating pursuant to Regulation 30 read with Clause 3 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 Ref: Scrip Code: 507970; ISIN: INE143101013 Dear Sir/Madam, With reference to the above-captioned subject, please note that the credit rating assigned in respect of the loan facilities availed from IDBI Bank Limited stands withdrawn, as the said loan facilities have been fully repaid. The relevant documents received from the Credit Rating Agency in this regard are enclosed herewith for your information and records. Kindly take the same on your record and acknowledge receipt thereof. Yours sincerely, For Paramount Cosmetics (India) Limited Mr. Hiitesh Topiiwaalla Managing Director DIN: 01603345 Date: 17.08.2026 Place: Bengaluru PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2"! Phase G.LD.C, Vapi, District Valsad, Gujarat - 396195 Corp. office:902-904, 9th Floor, Prestige Meridian-1,29M.G. Road, Bangalore—560001 Tel: 080-25320870 / 71 / 25327357 Email: compliance@parcos.in website : www.parammount.com Care=cge RATINGS No. CARE/BRO/RL/ 2026-27/1121 Shri Rajnish Matta Chief Financial Officer Paramount Cosmetics (India) Limited No124/B, Chennapalli Village, Shoolagiri Taluk, Krishnagiri Tamil Nadu 635109 August 17, 2026 Confidential Dear Sir, Withdrawal of rating(s) assigned to the Bank facilities of Paramount Cosmetics (India) Limited The rating of the aforementioned bank facilities of Paramount Cosmetics (India) Limited rated by us is withdrawn with immediate effect as the company has repaid the rated facility. 21 As per our normal procedure, we will be announcing the withdrawal of the rating through a Press Release, a copy of which is enclosed. Meanwhile, please ensure that the ratings are not used hereafter, for any purpose whatsoever, 3. In case of any future rating requirements, we will be happy to offer our services. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, . it Raj Dave Himanshu Jain Rating Analyst Associate Director raj.dave@careedge.in himanshu.jain@careedge.in CARE Ratings Limited Unit No. 205 -208, 2nd Floor, Prestige Meridian 1, Corporate Office :4th Floor, Godrej Coliseum, No. 29, M. G. Road, Bengaluru, Karnataka - 560001 Somaiya Hospital Road, Off Eastern Express Phone: +91-80-4662 5555 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 * www.careedge.in CIN-L67190MH1993PLCO71691 Page 1 of 2 Encl.: As above Discla imer 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 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 of CareEdge Ratings do not factor in any rating-related trigger clauses as per the terms of the facilities/instruments, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and triggered, the ratings may see volatility and sharp downgrades. CareEdge Ratings has established policies and procedures as required under applicable laws and regulations which are available on its website. Privacy Policy applies. For Privacy Policy please refer to https://www.careratings.com/privacy_polic © 2026, CARE Ratings Limited. All Rights Reserved. This content is being published for the purpose of dissemination of information required as per applicable law and regulations and CARE Ratings Limited holds exclusive copyright over the same. Any reproduction, retransmission, modification, derivative works or use or reference to the contents, in whole, in part or in any form, is prohibited except with prior express written consent from CARE Ratings Limited. CARE Ratings Limited Unit No. 205 -208, 2nd Floor, Prestige Meridian 1, Corporate Office :4th Floor, Godrej Coliseum, No. 29, M. G. Road, Bengaluru, Karnataka - 560001 Somaiya Hospital Road, Off Eastern Express Phone: +91-80-4662 5555 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 * www.careedge.in CIN-L67190MH1993PLCO71691 Page 2 of 2 RSM Nol ate Care=cge RATINGS Paramount Cosmetics (India) Limited August 17, 2026 rLol itty meee ata Name of the Regulator! Amount (% crore) Rating? Rating Action Long Term Bank Facilities RBI - - Withdrawn Short Term Bank Facilities RBI - - Withdrawn Details of instruments/facilities in Annexure-1. Rationale and key rating drivers CARE Ratings Limited (CareEdge Ratings) has withdrawn the rating(s) assigned to the bank facilities of Paramount Cosmetics (India) Limited with immediate effect, as the company has repaid the entire rated facilities by us and there is no amount outstanding under the facilities as on date. Analytical approach: Not Applicable Applicable criteria Withdrawal Policy About the company and industry Industry classification Macroeconomic indicator Sector Industry Basic industry Fast Moving Consumer Goods Fast Moving Consumer Personal Products Personal Care Goods Paramount Cosmetics (India) Limited (PCIL), the flagship company of Paramount group was incorporated in 1985 by Mr B D Topiwala and is currently managed by Mr. Hiitesh Topiiwaalla and Ms. Arti Topiwaala. The company is engaged in manufacturing beauty and personal care products like bindi, kumkum, kajal and deodrants etc. The company is well known for its flagship brand Shilpa bindis along with various other brands Sunspot (Sticker bindis and Liquid kumkum), Kromme (Instant eye shadow applicator) and Instinct (men’s Deodorants) among others. Total operating income PBILDT* Profit after tax (PAT) Overall gearing (x) Interest coverage (x) A: Audited; UA: Unaudited; Note: these are latest available financial results *PBILDT: Profit before interest, lease rentals, depreciation and tax Status of non-cooperation with previ [Showing first 8,000 characters — download PDF for full document]