ARCHIES LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to the applicable Regulations of Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, it is hereby informed that the Rating Committee of ICRA, after due consideration, has reaffirmed the long-term rating for the captioned Line of Credit (LOC) at [ICRA]BB (Negative) (pronounced ICRA double B Negative).