Corporate Announcement
Security Code : 532734    Company : GPIL    
 
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDF Download XBRL
  Exchange Received Time  06/04/2018 11:09:43         Exchange Disseminated Time   06/04/2018 11:09:51              Time Taken   00:00:08
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015, please note that the Company's credit ratings has been revised by Credit Analysis and Research Limited (CARE) on Bank Loan Facilities and Non Convertible Debentures based on the basis of recent developments including operational and Financial Performance of the Company for the 9MFY2018 (Un-Audited).The ratings assigned for credit facilities and instruments are as per the letter attached.
Please also note that the credit ratings of M/s Ardent Steel Limited Limited (ASL), a Subsidiary Company of M/s Godawari Power & Ispat Limited (GPIL) has been revised by Credit Analysis and Research Limited (CARE) on Bank Long Term Loan Facilities Term Loan & Fund based on the basis of recent developments including operational and Financial Performance of the Company for the 9MFY2018 (Provisional).
The ratings assigned for credit facilities of ASL as per attached letter.
 

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