Please refer the attached file

Registered Office & Works : Talheti, Village : Karali, % 'rn Tehsil : Abu Road, Dist. : Sirohi - 307510 ( Rajasthan ) India c RS Phone : 02974 - 228044, 228045, 228046, 228047 5 oy www.moderninsulators.com CIN- L31300RJ1982PLC002460 INSULATORS LTD. Email : milabu@moderninsulators.com Date: August 20t:, 2026 BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400001 Scrip Code: 515008 Sub: Intimation of Credit Rating Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that CRISIL Ratings has increased the rated quantum of loan as per below details: Total Bank Loan Rs. 165 Crore (Enhanced Facilities Rated from Rs. 130 Crore) Long Term Rating Crisil A-/Stable (Reaffirmed) Short Term Rating Crisil A2+ (Reaffirmed) The credit rating letter issued by CRISIL Ratings Limited is attached as Exhibit. This is for your information and record. Thanking you, Yours faithfully, For Modern Insulators Limited Animesh Banerjee Executive Director DIN: 07905214 Crisil CONFIDENTIAL Ratings RL/MODINSU/400770/BLR/0826/156643 August 20, 2026 Mr. Alok Jain Vice President - Finance Modern Insulators Limited Talheti, Tehsil Abu Road, District Sirohi, Sirohi - 307510 9828677657 Dear Mr. Alok Jain, Re: Review of Crisil Ratings on the bank facilities of Modern Insulators Limited All ratings assigned by Crisil Ratings are kept under continuous surveillance and review. Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating actions by Crisil Ratings on the ratings as on date. Total Bank Loan Facilities Rated Rs.165 Crore (Enhanced from Rs.130 Crore) Long Term Rating Crisil A-/Stable (Reaffirmed) Short Term Rating Crisil A2+ (Reaffirmed) (Bank-wise details as per Annexure 1) As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes may have an impact on the ratings. Please visit www.crisilratings.com and search with the name of the rated entity to access the latest rating/s. In the event of the company not availing the proposed facilities within a period of 180 days from the date oft his letter, a fresh letter of revalidation from Crisil Ratings will be necessary. Crisil Ratings products / activities or ratings of instruments other than securities that are listed or proposed to be listed may fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA), Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly disclosed by Crisil Ratings on its website. A link to the same has been provided below for ready reference: https:/Avww crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and- names-of-regulators.html This letter will remain valid till March 31, 2027. After this date, please insist for a new rating letter (dated later than 31,2027). Should you require any clarification, please feel free to get in touch with us. ‘With warm regards, Yours sincerely, Disclaimer. A rafing by Crisil Ratings reflects Crisil Rafings current opinion on the likelihood of fimely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a recommendation to buy /sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is notr esponsible for any errors and especially States that it has no financial liability whatsoever to the subscribers/ users /transmitters / distributors ofi ts ratings. Crisil Ratings’criteria are available without charge o the public on the web site, v crisilsatings com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on_any_insirument_of any company rated by Crisil Ratings, please visit www.crisilratingscom or confact Customer Service Helpdesk at Crisilratingdesk@crisil.com o at 1800-267-3850 Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India. Phone: +91 226137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Naman Jain Nivedita Shibu Associate Director - Crisil Ratings Director - Crisil Ratings Annexure 1 - Bank-wise details of various facility classes (outstanding facilities) - Amount (Rs. . . S.No. | Bank Facility Bank in Crore) Outstanding Rating 1 Bank Guarantee Punjab National Bank 34.9 Crisil A2+ 2 Bank Guarantee Central Bank of India 8.1 Crisil A2+ 3 | Bill Discountingunder Letter | b, 1 National Bank 20 Crisil A2+ of Credit 4 Cash Credit Punjab National Bank 15 Crisil A-/Stable 5 Cash Credit Central Bank of India 15.75 Crisil A-/Stable 6 Cash Credit Punjab National Bank 19.25 Crisil A-/Stable 7 Letter of Credit Punjab National Bank 6.6 Crisil A2+ 8 Letter of Credit Central Bank of India 54 Crisil A2+ o | Letier of credit & Bank Punjab National Bank 55 Crisil A2+ Guarantee 10 | Packing Credit Central Bank of India 9 Crisil A-/Stable 11 Packing Credit Punjab National Bank 11 Crisil A-/Stable 12 | Term Loan Punjab National Bank 14.5 Crisil A-/Stable Total 165 Disclaimer. A rafing by Crisil Ratings reflects Crisil Rafings current opinion on the likelihood of fimely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a recommendation to bu/ syell o hold the rated instrument; it does not comment on the market price or suitabilty for a particular investor. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is notr esponsible for any errors and especially States that it has no financial liability whatsoever to the subscribers/ users /transmitters / distributors ofi ts ratings. Crisil Ratings’criteria are available without charge o the public on the web site, v crisilsatings com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on_any_insirument_of any company rated by Crisil Ratings, please visit www.crisilratingscom or confact Customer Service Helpdesk at Crisilratingdesk@crisil.com o at 1800-267-3850 Crisil Ratings Limited Corporate Identity Number: U67100M [Showing first 8,000 characters — download PDF for full document]