Announcement under Regulation 30 (LODR)-Credit Rating

• Security Code: 500128
• Company: ELECTCAST

Pursuant to Regulation 30 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that Credit Analysis & Research Ltd. (CARE) has reaffirmed/withdrawn the following credit ratings:

1.Long Term Bank Facilities: CARE BBB+; Stable
(Triple B Plus; Outlook: Stable, Rating reaffirmed and outlook revised from Negative to Stable
2.Long/Short-term Bank Facilities: CARE BBB+;Stable/CARE A2,(Triple B Plus; Outlook:Stable /A Two),Rating reaffirmed and outlook revised from Negative to Stable
3.Series IV 11.00% NCDs of Rs.50 Crore Withdrawn as the NCDs were redeemed.

This is for your information and records.