Credit Rating- Revision

i INDO BORAX & CHEMICALS LTD. Regd. Office : 506. 5th Floor, Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai - 400021, India. Ph.: 022 35218591 • CIN: L24100MH1980PLC023177 Email : info(!i indoborax.com • Website : www.indoborax.com Date: August 31, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C/l, G Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai- 400 051. Scrip Code: 524342 Scrip Symbol: INDOBORAX Sub: Intimation of Revision in Credit Rating under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), we wish to inform you that India Ratings and Research Private Limited ("India Ratings") has revised the credit rating assigned to the bank facilities of the Company. The details of the revision are as follows: Instrument type Previous Rating Revised Rating Bank Loan Facilities IND BBB+ /Stable/IND A2+ IND BBB+ /Rating Watch with Negative Implications/IND A2+/Rating Watch with Negative Implications The same is also available on the website of the Company at www .indoborax.com · A copy of the Credit Rating letter including all requisite details is enclosed herewith. You are requested to kindly take the same on record. Yours sincerely, For Indo Borax & Chemicals Limited Pravin Chavan Company Secretary & Compliance Officer Membership No.: A16857 Encl.: As above India Ratings &Researdi Pi Filch Gr~up C-0a1pan~ Aug 31, 2026 I lndo borax & chemicals Limited I Specialty Chemicals