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| Exchange Received Time 28/06/2018 09:37:16 Exchange Disseminated Time 28/06/2018 09:37:25 Time Taken 00:00:09 | As per the provisions of SEBI (LODR) Regulations, 2015 please find enclosed letter dated 26.06.2018 from Acuite Ratings and Research for giving Credit Rating for various credit facilities availed by the Company from Banks.
Acuite has assigned long term rating of 'ACUITE BB-'' (read as ACUITE BB minus) and short term rating of 'ACUITE A4' (read as ACUITE A four) on the Rs.324.09 crore bank facilities of Indian Acrylics Limited. The outlook is 'Stable'.
Kindly take the same on your records.
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