We wish to inform you that CARE Ratings Limited (a SEBI Registered Credit Rating Agency) vide its letter dated July 01, 2026, has assigned/upgraded the credit ratings of various bank facilities of HTL Limited, a material subsidiary of the Company ("HTL"). The ratings have been upgraded from the earlier rating levels and carry a Positive Outlook, reflecting the improved operational and financial performance of HTL Limited. The details of the credit ratings assigned to HTL for bank facilities are as per attached letter.