Non-confirmation of servicing of debt obligations

This press release is issued in accordance with Clause 28.2.1 and Clause 28.4.3 of the SEBI Master Circular for Credit Rating Agencies, which require a Credit Rating Agency to disseminate information in its website, in cases where:

• No confirmation of servicing of debt obligations is received from the Debenture Trustee within one (1) working day from the due date, and

• No response is received from the Issuer within two (2) working days of communication by the CRA seeking such confirmation.

In line with the above regulatory requirements, Brickwork Ratings had sought confirmation regarding the servicing of debt obligations for the instrument detailed below. However, as on the date of this disclosure, BWR has not received confirmation from the concerned Issuer and/or Debenture Trustee within the prescribed timelines.

Note to Investors

This information is being disseminated for the benefit of investors and other market participants, in compliance with SEBI regulatory requirements and should not be construed as confirmation of default. Brickwork Ratings continues to monitor the matter and shall take appropriate action, including rating action, if required, in accordance with applicable regulations and its internal policies.