ICRA Limited — Others, 11-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

ICRA has announced a board meeting on the settlement reached with Mr. Naresh Takkar regarding their arbitration case. The company will pay an agreed amount to Takkar as full and final settlement of his claims. Notably, this settlement does not impact ICRA's financial position since the amount has already been accounted for in their books. This development may foster a positive outlook for investors, signaling effective management of legal issues while maintaining financial stability.