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| Exchange Received Time 12/07/2018 16:37:25 Exchange Disseminated Time 12/07/2018 16:37:34 Time Taken 00:00:09 | Sub:- Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 - Credit Rating by Fitch Ratings
Glenmark would like to inform you that Fitch Ratings, as part of their annual review cycle, has reaffirmed the Company's credit rating at 'BB', outlook 'stable'. The agency also affirmed the rating on Company's USD200 million 4.50% senior unsecured notes issued in 2016 at ''BB''.
Kindly find enclosed rating research update issued by Fitch Ratings for your reference.
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