Corporate Announcement
Security Code : 506401    Company : DEEPAKNI    
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDFDownload XBRL
  Exchange Received Time  20/08/2019 18:39:32         Exchange Disseminated Time   20/08/2019 18:39:37              Time Taken   00:00:05

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited ('ICRA') has upgraded the long-term rating from [ICRA] A+ (pronounced ICRA A plus) to [ICRA]AA- (pronounced ICRA double A minus) and reaffirmed the short-term rating at [ICRA]A1+ (pronounced ICRA A one plus) for the Line of Credit of Rs. 947 crores of the Company. The outlook on the long term rating has been revised from ''Positive'' to ''Stable''.
ICRA has also re-affirmed the rating at [ICRA] A1+ assigned to the Commercial Paper size of Rs. 200 Crore of the Company.
Please take the same on your record.


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