Kuantum Papers has informed that India Ratings and Research (Ind-Ra) has vide its letter dated 08.07.2025 assigned the credit ratings to the Company’s bank facilities and Fixed Deposits which were duly communicated to stock exchanges vide Letter dated 09.07.2025. The Company had obtained said credit ratings from India Ratings and Research (Ind-Ra) in place of previous rating agency viz. CARE Ratings. Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kuantum Papers has informed that at the request of the Company and on the basis of No Objection Certificate’ received from the banks that have extended the facilities rated by CareEdge Ratings, CARE Ratings (CareEdge Ratings) has reaffirmed and withdrawn the ratings of ‘CARE A; Stable/CARE A1’ assigned to bank facilities of Kuantum Papers with immediate effect. CARE Ratings has also assigned rating action of ‘Reaffirmed and Placed on Notice of withdrawal for one year’ to Fixed Deposits of Rs 33.22 crores. Copy of the Letter of CARE Ratings downloaded from its website today (email yet not received officially) is attached for information and records. 

The above information is a part of company’s filings submitted to BSE.