Others

Ecap Equities Ltd - Compliances-Reg. 51 (1), (2) - Price Sensitive information / disclosure of event / Information

| Updated on June 26, 2019 Published on June 26, 2019

Sub: Disclosure under Regulation 51(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part B of Schedule III thereto.

This is to inform you that ICRA Limited has re-affirmed the credit rating of [ICRA]Al+ and PP-MLD[ICRA]Al+ assigned to the various short term borrowing programmes of the Company. [ICRA]A1 rating are considered to have a very strong degree of safety regarding timely payment of financial obligations and carry lowest credit risk.

Further, ICRA has revised the credit rating of various long term borrowing programmes from [ICRA]AA and PP-MLD[ICRA]AA to [ICRA]AA- and PP-MLD[ICRA]AA- respectively, with the outlook continuing to be negative. [ICRA]AA- rating indicates high degree of safety regarding timely payment of financial obligations and carry very low credit risk.
You are requested to kindly take the same on record.

Pdf Link: Ecap Equities Ltd - Compliances-Reg. 51 (1), (2) - Price Sensitive information / disclosure of event / Information

Source : BSE - www.bseindia.com

Published on June 26, 2019
This article is closed for comments.
Please Email the Editor