SATIN : GETS BWR A1+ RATING FOR RS 200 CR COMMERCIAL PAPER ISSUE

• Brickwork Ratings assigns BWR A1+ to Satin Creditcare's proposed Commercial Paper issue of ₹200 Cr • Instruments with this rating carry lowest credit risk and very strong safety on timely servicing of financial obligations • CP tenor up to 180 days / 364 days; rating valid up to 364 days from rationale dated October 7, 2026 • Total outstanding CP liability nil as on October 9, 2026 against the proposed ₹200 Cr issuance • Rating letter valid two months for CP issuance, extendable up to 12 months subject to review

Satin Creditcare Network Ltd

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