Corporate Announcement
Security Code : 532930    Company : BGRENERGY    
 
ICRA Rating for the Company's Lines of Credit 
  Exchange Disseminated Time     
BGR Energy Systems Ltd has informed BSE that ICRA Limited has reaffirmed the following ratings in respect of the lines of credit (LOC) of the Company:

(a) "LA" rating in respect of the long term facilities, viz., fund based facilities of Rs. 3141 crores and non fund based facilities of Rs. 5824 crores, which indicates "Adequate credit quality and carries Positive Outlook on long term".

(b) "A1" rating in respect of the short term facilities, viz., non fund based facilities of Rs. 131 cores, which indicates "Highest credit quality".

(c) ICRA has also assigned "Positive Outlook" on the long term rating.
 

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