TECHNO ELECTRIC AND ENGINEERING CO. LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

This is to intimate you that ICRA has revised the long-term rating of Line of Credit (LOC) to [ICRA]AA (pronounced ICRA Double A) from [ICRA]AA- (pronounced Double A Minus). The outlook on the long-term rating is revised to stable from Positive. ICRA has reaffirmed the short term rating of your Company at [ICRA]A1+ (pronounced ICRA A One Plus).