Credit Rating- New

To, Date: 07th July, 2026 BSE Limited NSE Limited, P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Mumbai-400001. Complex, (BSE Scrip Code: 543270) Bandra (E), Mumbai- 400051. (NSE Symbol: MTARTECH) Dear Sir/ Madam, Sub: Credit Rating of MTAR Technologies Limited (“the Company”) by ICRA Limited Unit: MTAR Technologies Limited ISIN: INE864I01014 Pursuant to Regulation 30(6) read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulation"), we would like to inform you that based on rating assessment undertaken by ICRA Limited, the credit rating of the Company has been upgraded/reaffirmed. ICRA’s Rating Committee has upgraded the credit ratings on the mentioned instruments of the Company. Instrument Rated Rating Action Amount (Rs. Crore) Long Term-Fund Based- 530.00 [ICRA]A+ (Stable); upgraded Cash Credit from [ICRA]A (Stable); assigned for enhanced amount Long Term-Fund Based- 248.24 [ICRA]A+ (Stable); upgraded Term Loan from [ICRA]A (Stable); assigned for enhanced amount Long-Term / Short Term- 304.00 [ICRA]A+ (Stable); upgraded Non Fund Based from [ICRA]A (Stable); [ICRA]A1; reaffirmed; assigned for enhanced amount Long-Term / Short Term- 387.76 [ICRA]A+ (Stable); upgraded Unallocated from [ICRA]A (Stable); [ICRA]A1; reaffirmed; assigned for enhanced amount Total 1470.00 Request you to kindly take the above on records. Thanking You, Yours sincerely For MTAR Technologies Limited Priyanka Agarwal Company Secretary & Compliance Officer