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| Exchange Received Time 10/07/2017 16:06:58 Exchange Disseminated Time 10/07/2017 16:07:03 Time Taken 00:00:05 | SUB: INDIA RATINGS AFFIRMS GALLANTT METAL CREDIT RATING - LONG TERM - 'IND A-/STABLE ; SHORT TERM 'INDA2+'
We hereby inform that India Ratings and Research, A Fitch Group Company has affirmed the Company a Long Term Issuer Rating of 'IND-A'. The Outlook is stable.
Rating Actions on Credit Facilities are as under:
- Fund-based limits: Long Term 'IND A-' /Stable and Short Term 'IND A2+'
- non-fund-based limits: assigned Short-Term - 'IND A2+'.
A copy of Press Release is enclosed herewith.
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