SANGHVI MOVERS LTD. - Credit Rating

Pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ICRA Limited vide its letter dated 17th August 2017 has reaffirmed the long term rating of '[ICRA]A+' (pronounced as ICRA A plus) and for short term rating as [ICRA]A1+ (pronounced ICRA A one plus).