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| Exchange Received Time 08/10/2018 16:17:50 Exchange Disseminated Time 08/10/2018 16:17:54 Time Taken 00:00:04 | Sub:- a). Review of CRISIL Rating for Bank facilities of Banswara Syntex Ltd.
b). Review of CRISIL Rating on the Rs.20 Crores Fixed Deposits of Banswara Syntex Ltd.
Dear Sir,
Pursuant to Regulation 30 read with Para A of Part A of schedule III to Securities and Exchange Board of India (Listing obligation and Disclosure Requirements) Regulations, 2015, this is to inform that CRISIL Rating to the total Bank Loan facilities of the Company as under:-
Long-Term Rating:- CRISIL BBB/Stable (Downgraded from CRISIL BBB+/Negative)
Short-Term Rating:- CRISIL A3+ (Downgraded from CRISIL A2)
And this is also to inform that CRISIL Rating reaffirmed its 'FA-/Stable' on Rs. 20 crores Fixed Deposits of the Company.
This is for your information please.
Thanking you,
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