Please note that our Company does not have any long-term debt instruments or any fixed deposit program or any scheme or proposal involving mobilization of funds in India or abroad. Hence no credit rating is obtained in relation to the same. However due to the working capital facilities that the Company utilizes from its bankers a general credit rating is required to be obtained by the Company. Due to changes in working capital facilities and as a part of annual review of credit rating the Company had approached the credit rating agency CARE Ratings Ltd. and CARE Ratings Ltd. has reaffirmed the rating as under: Facilities - Long Term / Short Term Bank FacilitiesAmount (Rs. crore) - 256.00 (enhanced from 177.40)Ratings - CARE A+; Stable / CARE A1+[Single A Plus; Outlook: Stable/ A One Plus] Rating Action - Reaffirmed Sharing this information for your information and further dissemination on your websites please. Thanking you
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