Corporate Announcement
Security Code : 520051    Company : JAMNAAUTO    
 
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDF Download XBRL
  Exchange Received Time  30/08/2019 18:20:38         Exchange Disseminated Time   30/08/2019 18:20:47              Time Taken   00:00:09
Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that The ICRA Limited ('ICRA') vide its letter dated August 30, 2019 has revised the credit rating assigned to the Company for the Working Capital Facilities (including Commercial Paper) and Term Loan Facility. The long term credit rating has been revised from [ICRA]AA (pronounced ICRA double A) to [ICRA]AA- (pronounced ICRA double A minus). The short term rating has been re-affirmed as [ICRA]A1+ (pronounced ICRA A one plus). The Outlook on Long Term Rating has been re-affirmed as Stable.
 

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