EVEREST INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CRISIL Ratings vide its Rating Rationale dated March 12, 2024, has reaffirmed the credit rating on Company''s Long Term/ Short Term bank Facilities as under: Long Term Rating CRISIL A+/Stable (Reaffirmed) Short Term Rating CRISIL A1 (Reaffirmed) Total Bank Loan Facilities Rated Rs. 440 crores A copy of CRISIL Rating Rationale dated March 12, 2024 is enclosed.