Rating assignment by Informerics Valuation and Rating Limited for the proposed issuance of NCD, the proposal is dropped and communication had been made by the company for the withdrawal ....

CIN: L26942TG1979PLC002500 REGD OFFICE : 6-3-666/B, "DECCAN CHAMBERS", SOMAJIGUDA. DECCAN CEMENTS LIMITED HYDERABAD -500 082. PHONE : +91 (40) 23310168, 23310552, +91 (40)23310561,23310599 FAX : +91 (40) 23318366 E-MAIL : info@deccancements.com WEBSITE : www.deccancements.com DCL:SECY:2026 Date: 26.08.2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 502137 Trading Symbol: DECCANCE Dear Sir, Sub: Intimation about Review of Credit Ratings of proposed NCD, which was withdrawn by the Company. Current rating details (Refer Note) Verification Name of Date of Status of Sr. the Credit Credit Rating Date of Outlook Credit Credit No. Rating Rating Action Verification Rating Rating Agency Agencies Infomerics Long IVR BB+/Negative Valuation 1 Term (ISSUER NOT Review 20-08-2026 Verified 20-08-2026 and Rating Rating COOPERAITNG*) Limited Earlier credit rating details (Refer Note) Verification Name of Date of Status of Sr. the Credit Credit Rating Date of Outlook Credit Credit No. Rating Rating Action Verification Rating Rating Agency Agencies Infomerics IVR BBB- Long Valuation /Negative 1 Term Review 09-06-2026 Verified 09-06-2026 and Rating (ISSUER NOT Rating Limited COOPERAITNG*) Note: Earlier the Company was thinking for the issuance of NCDs upto an amount of Rs.50 Crores. Therefore, the Company had given part mandate to Infomerics Valuation and Rating Limited for rating the proposed issue of NCDs upto Rs.25 Crores. However, the Company did not proceed for the issuance of such NCDs. Accordingly, the Company vide it's letter dated 30th March 2026 which was communicated to Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) Phones: (08683) 229503, 229504, 229505, 229507, Fax: (08683) 229502 CIN: L26942TG1979PLC002500 REGD OFFICE : 6-3-666/B, "DECCAN CHAMBERS", SOMAJIGUDA. DECCAN CEMENTS LIMITED HYDERABAD -500 082. PHONE : +91 (40) 23310168, 23310552, +91 (40)23310561,23310599 FAX : +91 (40) 23318366 E-MAIL : info@deccancements.com WEBSITE : www.deccancements.com Infomerics Valuation and Rating Limited by email dated 31st March 2026 have stated that "We have earlier proposed to raise funds thru NCDs for Rs. 50 crores towards part financing our Expansion Project. However, as the Project expansion is completed well within the proposed budget and also there is a reduction in the Capital Cost and Term Loan as well, we have shred the plan to go for fund raising thru NCDs. ln view of this decision, we write to inform you that we are withdrawing the rating exercise with immediate effect." Inspite of the said communication, Infomerics Valuation and Rating Limited, were insisting the Company to furnish them information for reviewing the rating of proposed NCDs, which was already dropped by the Company. A number of time the Company stated Infomerics Valuation and Rating Limited that there is no need for rating the proposed NCDs, as the proposal is dropped. However, they proceed to review the rating of proposed NCDs, even the proposal was dropped by the company, and showing their outlook with ISSUER NOT COOPERAITNG*. Thank you, With regards, For Deccan Cements Limited Bikram Keshari Prusty Company Secretary Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) Phones: (08683) 229503, 229504, 229505, 229507, Fax: (08683) 229502