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| Exchange Received Time 04/04/2018 15:41:04 Exchange Disseminated Time 04/04/2018 15:41:10 Time Taken 00:00:06 | Please be informed that as per letter reference no. ICRA/KOL/RA/2018-19/001 dated 2nd April, 2018 received by us a little while ago, ICRA Limited has advised the Company that their Rating Committee, after due consideration, revised the Credit Rating assigned to the Company's Line of Credit facilities provided by the Banks, as under:
Type of Credit Rating Existing Rating Revised Rating
Long Term Rating
[ICRA] A
(Pronounced ICRA A )
Outlook - Negative
[ICRA] A-
(pronounced ICRA A minus)
Outlook - Negative
Short Term Rating [ICRA] A1
(Pronounced ICRA A one) [ICRA] A2
(pronounced ICRA A two)
The above information is being furnished to you pursuant to Regulation 30(6) read with Para A, Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
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