CENTURY PLYBOARDS (I) LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

We wish to bring to your notice that CRISIL, vide its rating rationale dated 19th June, 2020 had revised the ratings of our Company and highlighted the same on its website. The same has been done unilaterally by them and without any mandate from the Company. The credit rating mandate given to them was withdrawn long back in May 2015 itself and the same has their acceptance too. Thereafter, they have never been appointed by our Company for any credit rating surveillance. <BR> <BR> An objection has been raised by the Company asking CRISIL to immediately withdraw our Company's Credit Rating from their website. <BR> <BR> Further, we have valid rating mandate only with ICRA and their latest Rating Rationale is enclosed herewith.<BR>