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Gujarat Borosil: Announcement under Regulation 30 (LODR)-Credit Rating


In accordance with the Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that India Ratings & Research Private Limited BKC Mumbai a credit rating agency has assigned the following ratings to the Companys additional banking facilities and placed the ratings on Rating Watch Evolving (RWE) as follows:

Instrument Type Size of Issue (million) Rating/Rating Watch Rating Action
Fund-based limits INR500 IND BBB+/Stable Affirmed: Off RWE
Term Loan INR1 000 IND BBB+/Stable Affirmed: Off RWE

This is for your information and records.

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