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Dwarikesh Sugar Industries Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

| Updated on March 30, 2019 Published on March 30, 2019

Pursuant to regulation 30(4) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited - the credit rating agency has vide its letter dated March 29, 2019, received & accepted via mail on 29th March, 2019, has reaffirmed the long term outstanding rating for the Line of Credit (LOC) amounting to Rs. 649.99 crores at [ICRA]A+ (pronounced ICRA A plus) and has also assigned a rating of [ICRA]A+ (pronounced ICRA A plus) to the additional limit of Rs. 175 crore bank facilities with outlook being Stable.

ICRA Limited - the credit rating agency has also vide its letter dated March 29, 2019, received & accepted via mail on 29th March, 2019, has reaffirmed the rating at [ICRA]A1+ (pronounced ICRA A one plus) indicating very strong degree of safety for the commercial papers amounting to Rs.300 crores.

Pdf Link: Dwarikesh Sugar Industries Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

Source : BSE - www.bseindia.com

Published on March 30, 2019
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