Corporate Announcement
Security Code : 534369    Company : TBZ    
 
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDF Download XBRL
  Exchange Received Time  08/08/2018 14:07:26         Exchange Disseminated Time   08/08/2018 14:07:32              Time Taken   00:00:06
Sub: Submission of CRISIL Letter for Intimation of the review of CRISIL ratings on the long-term bank facilities of the Company

This is to inform you that CRISIL has reviewed ratings on the long-term bank facilities of the Company. The rating rationale is enclosed herewith.

Total Bank Loan Facilities Rated Rs. 7,350 Million (Rs. 735 Crores)
Long-Term Rating CRISIL BBB+ / Stable (Reaffirmed)

CRISIL has reaffirmed its rating on the bank facilities of the Company at 'CRISIL BBB+/ Stable', vide; CRISIL Rating Rationale Letter dated 7th August, 2018 bearing Letter No. TBZPL/204590/BLR/081800473.

Kindly treat this as intimation under Regulation 85(2) and all other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please take the above on record and acknowledge the receipt of the same.
 

Disclaimer

Back To Announcements