Professional Documents
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BSE Limited
Date: 19.07.2016
Dear Sir,
Sub: Credit Ratings under the SEBI (LODR) Regulations, 2015
Ref: Our Letter No.
(1) DCL:SECY:2016, Dated 05.05.2016
(2) DCL:SECY:2016, Dated 15.06.2016
Vide the letter shown at (1) above it has been informed that CRISIL has rated our Bank Loan
Facilities - Long Term Rating: as CRISIL A I Stable; Short Term Rating: CRISIL A 1.
Vide the letter shown at (2) above it has been informed that ICRA has also upgraded their
ratings from [ICRA] BBB+ (pronounced ICRA triple B plus) to [ICRA] A (pronounced ICRA
A) for the Bank Term Loans and also at the request of the Company, kept the fund based
CC Limits as well as non-fund based limits on notice of withdrawal for one month.
Accordingly, now ICRA has re-affirmed the long term rating of Rs. 13.53 Crore Bank Term
Loans at [ICRA] A (pronounced ICRA A) and withdrawn the ratings for CC Limits, Short
Term rating for non fund based limits after the expiry of the above referred one month
notice.
The report along with the rating rationale is available in their
http://www.icra.in/search.aspx?word=Deccan%20Cements%20Limited
website
in the link
forDec7Limiled
S .. Mishra
ompany Secretary