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

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that CRISIL has revised its outlook on the long term bank facilities of Sky Industries Limited ('Company') to 'Positive' from 'Stable' while reaffirming the rating at 'CRISIL BB+''. The short term rating has been reaffirmed at 'CRISIL A4+. A copy of the Rating Rationale issued by CRISIL covering inter alia Press Release for Reaffirmation of Credit Rating is enclosed. We request you to take the above information on record.