This is in reference to our intimation dated 14th October 2022 regarding Credit Rating. In this regard we now wish to inform that at the request of the Company the Credit Rating Agency CARE Ratings Limited (CARE) has vide letter dt.23/12/2022 withdrawn outstanding rating(s) of CARE BB+; Stable/CARE A4+ [Double B Plus; Outlook: Stable/ A Four Plus] assigned to the Bank Facilities with immediate effect. Copy of the letter received from CARE and the Press Release are attached herewith and available on the website of the Company at www.beardsell.co.inWe request you to kindly take the above on record.
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