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

| Updated on July 20, 2019 Published on July 20, 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 CRISIL Limited has re-affirmed the credit rating of CRISIL A1+ and CRISIL PP-MLD A1+r assigned to the various short term borrowing programmes of the Company. Instruments with this rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. The modifier + (plus) or - (minus) reflect the comparative standing within the category.

Further, the rating agency has re-affirmed the credit rating of CRISIL AA and CRISIL PP-MLD AAr assigned to various long term borrowing programmes of the Company with the outlook being revised from Stable to Negative. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

You are requested to kindly take the same on record.

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

Source : BSE - www.bseindia.com

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Published on July 20, 2019
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