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| Exchange Received Time 16/04/2018 18:24:40 Exchange Disseminated Time 16/04/2018 18:24:49 Time Taken 00:00:09 | Dear Sir/Madam,
The Company has approached CRISIL for assigning new credit rating for the bank facilities availed by the Company with The Lakshmi Vilas Bank Limited. In this regard, we have received the Credit Rating Letter from CRISIL on April 16, 2018. The credit rating assigned by CRISIL to the bank facilities availed by the Company is given below:
Total Bank Loan Facilities Rated - Rs.7.1 Crore
Long-Term Rating -CRISIL BBB/Stable (Assigned)
Short-Term Rating -CRISIL A3+ (Assigned)
You are requested to take the above on record and oblige.
Thanking you,
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