Aditya Infotech has executed a formal 50:50 Joint Venture Agreement with Orient Cables (India) Limited on April 16, 2026, following their earlier Memorandum of Understanding signed on February 12, 2026. The agreement establishes a manufacturing partnership for specialized cable products under regulatory compliance with SEBI Listing Regulations.

Joint Venture Agreement Details

The formal agreement was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The partnership will focus on manufacturing electric cables including LAN cables, CCTV cables, terminated assemblies, and connectors with allied products.

Business Operations and Structure

The joint venture will incorporate a new Private Limited Company with equal 50:50 shareholding between both partners. The JV Company will manufacture products to be supplied to Aditya Infotech and its affiliates, as well as to Orient Cables for further distribution to identified customers.

Strategic Benefits and Rationale

The Joint Venture enables backward integration by establishing dedicated manufacturing facilities for electric cables and related products. This arrangement ensures assured and reliable supply for Aditya Infotech while enhancing cost efficiencies, strengthening quality control, and improving overall operational effectiveness.

Regulatory and Financial Implications

The investment does not fall within Related Party Transaction purview for the Company initially. However, post-investment, the JV Company will become an Associate of Aditya Infotech, making it a Related Party. The promoter/promoter group/group companies have no interest in the JV Company except for the share capital to be held by Aditya Infotech.

Aditya Infotech Limited has announced a significant upgrade in its credit rating profile, receiving a CRISIL A/Stable rating for its bank loan facilities worth Rs.555 crore. The company disclosed this development to stock exchanges under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

CRISIL Ratings Limited has assigned the upgraded rating with specific parameters that reflect the company's improved financial standing:

The rating assignment comes with the revocation of suspension, indicating that CRISIL has restored its active rating coverage for the company after a period of suspended evaluation.

Rating Agency Changes

The credit rating landscape for Aditya Infotech has undergone notable changes with multiple rating agencies:

• CRISIL Ratings: Assigned CRISIL A/Stable rating with suspension revoked
• CARE Ratings Limited: Withdrawn its earlier CARE BBB+/Stable rating

The withdrawal of CARE Ratings' assessment coincides with CRISIL's renewed rating assignment, suggesting a consolidation in the company's rating coverage.

Regulatory Compliance

The company received the rating communication from CRISIL on April 10, 2026, and promptly disclosed the information to both National Stock Exchange of India Limited and BSE Limited. The detailed rating rationale has been made available on CRISIL's official website, providing stakeholders with comprehensive analysis behind the rating decision.

Market Information

Aditya Infotech Limited trades under the symbol CPPLUS on NSE and scrip code 544466 on BSE. The company has also committed to hosting this disclosure on its corporate website at www.adityagroup.com , ensuring broad accessibility of this material information to all stakeholders.