AUTOMOTIVE STAMPINGS & ASSEMBLIES LTD. - Credit Rating

SUB: Information pursuant to Regulation 30 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015<BR> <BR> <BR> With reference to the above captioned subject, this is to inform that CRISIL has downgraded its ratings on the bank facilities to (a) ''CRISIL BBB+/Stable'' for the Long Term borrowings; (b) ''CRISIL A2'' for Short Term borrowings of the Company and the outlook is 'Stable'.<BR> <BR> Please take it on your records.<BR>