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| Exchange Received Time 08/09/2017 20:46:50 Exchange Disseminated Time 08/09/2017 20:46:53 Time Taken 00:00:03 | We are pleased to inform you that the Company has carried out the review of credit rating of its banking facilities from ICRA Limited. Accordingly, ICRA has assigned rating for the above facilities as follows:
Long Term: [ICRA]A- (Pronounced ICRA A minus) with Positive Outlook
Short Term: [ICRA]A1 (Pronounced ICRA A one)
It may please be noted that the earlier credit rating was done by ICRA Limited in the month of October 2016 and they had assigned the same rating with Stable Outlook. Now they have revised the outlook from Stable to Positive for the aforesaid banking facilities. |
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