NSECredit Rating- Revision7 Jul 2026 · 7 Jul 2026, 12:20 pm
Credit Rating- Revision
Dodla Dairy Limited · DODLA
✦ AI SummaryRating Change
Dodla Dairy Limited has informed the Exchange about a revision in its ESG rating by ICRA ESG Ratings Limited from 70 (Good) to 71 (Good).
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Dodla Dairy Limited has informed the Exchange about Credit Rating- Revision
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DODLA_07072026122008_Final.pdf
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An ISO 22000-2005 & 50001 EnMS Certified Company
CIN: L15209TG1995PLC020324
Date: 07 July 2026
The General Manager The Manager
Department of Corporate Services Listing Department
BSE Limited National Stock Exchanges of India Limited
Phiroze Jeejeebhoy Towers "Exchange Plaza", 5th Floor,
Dalai Street, Fort Plot No.C/1, G Block
Mumbai-400 001 Bandra-Kurla Complex
Bandra (East), Mumbai 400051.
Scrip Code : 543306 Scrip Code : DODLA
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”) - Intimation of Revision in ESG Rating by ICRA ESG Ratings
Limited
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
("SEBI Listing Regulations"), we wish to inform you that ICRA ESG Ratings Limited ("ICRA"), a SEBI-registered
Category-I ESG Rating Provider (ERP), has revised the ESG rating assigned to Dodla Dairy Limited ("the
Company") from [ICRA ESG] Impact Rating: 70 (Good) to [ICRA ESG] Impact Rating: 71 (Good).
This is for your information and records.
Thanking You,
Yours Faithfully,
For Dodla Dairy Limited
Surya Prakash M
Company Secretary & Compliance Officer
Encl.: As above
(i;)
Srikrishna
a.&~Plm.ods
Registered & Corporate Office:
# 8-2-293/82/A, 270/Q, Road No 10-C, Jubilee Hills, Hyderabad – 500 033, Telangana, India. Tel: +91 40 45467777,
Fax: +91 40 45467788 Website: www.dodladairy.com, Email: mail@dodladairy.com & cs@dodladairy.com, Toll Free No: 1800-103-1477
Ref: ICRAESG/DDL/06072026/02
July 06, 2026
Mr. R. Murali Mohan Raju
Chief Financial Officer
Dodla Dairy Limited
Road No -lOC, Jubliee Hills,
Hyderabad, Telangana -500033
Dear Sir,
Re: Surveillance of ICRA ESG Impact Rating of Dodla Dairy Limited (DDL)
Please refer to your ESG Impact Rating Agreement dated May 27, 2025, requesting ICRA ESG Ratings Limited ("ICRA
ESG") to assign ESG Impact Rating to your company. We wish to inform you that ICRA ESG has carried out the annual
surveillance of the ESG rating assigned to Dodla Dairy Limited.
Based on the review, the Rating Committee of ICRA ESG, after due consideration, has revised the [ICRA ESG] Impact
Rating 70, Good to [ICRA ESG] Impact Rating 71, Good, assigned to your entity. Please refer to the annexure I for pillar
wise scores and to our website for details on rating symbols and definitions.
In any of your publicity material or other document wherever you are using the above Rating(s), it should be stated as [ICRA
ESG] Impact Rating 71, Good.
The aforesaid Rating(s) will become due for surveillance within one year from the date of this rating communication letter.
However, ICRA ESG reserves the right to review and/or, revise the above Rating(s) at any time on the basis ofnew information
becoming available, or the required information not being available, or other circumstances that ICRA ESG believes could
have an impact on the Rating(s). Therefore, request the stakeholders to visit ICRA ESG website at www.icraesgratinus.in for
latest Rating(s) of the Company.
You are also requested to forthwith inform us about any other developments which may have a direct or indirect impact on
the ESG profile of the company. The Rating(s) assigned must be understood solely as an opinion and should not be treated,
or cause to be treated, as recommendation to buy, sell, or hold any investment in the rated issuer.
We thank you for your kind cooperation extended during the course of the rating exercise and we assure you of our best
services.
With kind regards,
Yours sincerely,
For ICRA ESG Ratings Limited
(Previously known as Pragati Development Consulting Services Limited)
SHEETAL Digitally signed by
SHEETAL SHARAD
SHARAD Date: 2026.07.06 10:50:43
+05'30'
Sheetal Sharad
Chief Ratings Officer, ICRA ESG Ratings Limited
Email: sheetal.sharad-esg@icraindia.com
Encl: Annexure I -ESG Rating
ICRA ESG Ratings Limited
(Fonnerly Kuo>n11 as Pragatl Development Consulting Sen·ices L;mued)
(Category I SEBI Registered ERP)
Building No. 8, 2"" Floor, Tower A Tel.: +91-0124 -4545800 Website :www.lcraesgrallngs.in
DLF Cyber City, Phase II CIN : U64990DL2011 PLC213174 Email : tinquiryesgratings@icraindia.com
Gurugram -122002, Haryana Helpdesk : +91 9354 738909
Registered' Office : B-710, Statesman House, 148, Barakhamba Road, New Delhi -110001. Tel. : +91-11-23357940-41
Annexure I: ESG Rating
DDL ESG Impact Rating Break-up - 71 (Good)
ESG Impact Rating Outcome
Previous score Symbol
ESG Impact Rating 70 Good 71 Good
Parameters Previous Sc_o!~ _ Symbol ·- .._ §ymb.~I
Environment 68 Good
Social 78 __ ·-· _ -··-__ .go.9~------· ....... _81_··----·-·--__ Outstanding ·-__
Governance 66 Good 66 Good