Announcement under Regulation 30 (LODR)-Credit Rating

| Updated on March 27, 2018 Published on March 27, 2018

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a letter issued by M/s. ICRA Limited, dated 26th March, 2018 informing that the Rating Committee of ICRA, after due consideration, has assigned the credit rating for Rs. 29.20 Crore (enhanced from Rs. 22.20 crore) as under:

A. Long Term Rating of (ICRA) BB+ (pronounced ICRA double B plus). Outlook for the long term rating has been revised from Negative to Stable.

B. Short Term Rating at (ICRA) A4+ (pronounced ICRA A four plus).
The aforesaid ratings are valid till July 31, 2018.
Kindly take the same on record.

Pdf Link: Announcement under Regulation 30 (LODR)-Credit Rating

Source : BSE - www.bseindia.com

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Published on March 27, 2018
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