News Announcement

Rane Brake Lining: Announcement under Regulation 30 (LODR)-Credit Rating

In terms of regulation 30 of SEBI LODR 2015 this is to inform that with regard to the Companys rated bank facilities of Rs. 165.32 crores ICRA Limited has reaffirmed: a. long term rating at ICRA AA-. The outlook on long term rating is Stable; b. short term rating bank facilities at ICRA A1+. We enclose herewith the relevant credit rating letter dated January 04 2024 received by the Company.

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