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Ineos Styrolution India Ltd - Announcement under Regulation 30 (LODR)-Credit Rating

| Updated on June 20, 2019

The Company does not have any long term debt instruments or any fixed deposit program or any scheme or proposal involving mobilization of funds, in India or abroad. Hence, no credit rating is obtained in relation to the same. However, due to the working capital facilities that the Company utilizes from its bankers, a general credit rating is required to be obtained by the Company.

Accordingly, the credit rating as received by the Company from Credit Rating Agency for Long term / short term bank facilities, as of March 31, 2019, was CARE AA, STABLE / CARE A1+ [Double A; Outlook: Stable/ A One Plus], which has recently been changed to CARE AA-; Stable / CARE Al+ [Double A Minus; Outlook: Stable! A One Plus].

Pdf Link: Ineos Styrolution India Ltd - Announcement under Regulation 30 (LODR)-Credit Rating

Source : BSE - www.bseindia.com

Published on June 20, 2019

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