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Sub: Intimation regarding Upgrade in Credit Ratings to the wholly owned subsidiaries of Juniper Green Energy Limited by the Rating Agencies

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Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that ICRA Limited (“ICRA”) and India Ratings and Research Private Limited (“India Ratings”) vide their respective press releases dated October 6, 2026, as enclosed, have upgraded the Credit Ratings assigned in respect of term loan facilities of the wholly owned subsidiaries of Juniper Green Energy Limited, as detailed below:

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Copies of the respective press releases issued by ICRA and India Ratings are also available at the respective links provided in the table above.

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Summary of rating action Instrument* Previous rated amount (Rs. crore) Current rated amount (Rs. crore) Rating action Financial sector regulator# Long term - Fund based – Term Loans 223.13 210.52 [ICRA]AA- (Stable);

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Rationale The rating upgrade of Nisagra Renewable Energy Private Limited (NREPL) follows a change in ICRA’s analytical approach, which now factors in the implicit support from its parent, Juniper Green Energy Limited {JGEL, rated [ICRA]AA- (Stable)/[ICRA]A1+}, given the strong operational and financial linkages between the two.

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