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| Exchange Received Time 20/11/2018 14:59:40 Exchange Disseminated Time 20/11/2018 14:59:47 Time Taken 00:00:07 | Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform that CRISIL has reaffirmed its rating on the long term bank facilities of the Company at 'CRISIL A+/Stable' and upgraded the rating on the Short term bank facility and commercial paper programme at 'CRISIL A1+' from 'CRISIL A1'.
Further, the aforesaid information is also disclosed on the website of the Company i.e. www.ace-cranes.com and CRISIL's website at the link https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Action_Construction_Equipment_Limited_November_15_2018_RR.html.
Copy of credit rating letter received from CRISIL Limited is also enclosed for your reference. |
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