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.
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