Corporate Announcement
Security Code : 506414    Company : DIL    
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDFDownload XBRL
  Exchange Received Time  11/01/2019 11:19:32         Exchange Disseminated Time   11/01/2019 11:19:39              Time Taken   00:00:07
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we wish to inform you that there has been an upgrade in Credit Rating assigned to Fermenta Biotech Limited, Company's subsidiary, by CARE Ratings with effect from January 10, 2019. The rating also takes into account the impact of the proposed amalgamation of Fermenta Biotech Limited with the Company. Consequently, the outlook has also been changed from 'credit watch with developing implications' to 'stable'.


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