VIP Industries Ltd - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to Regulation 30 of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the credit rating Company, Crisil Ratings Limited has revised the credit rating assigned to the Bank Facilities of the Company. Please refer the enclosed letter received from Crisil Ratings Limited for details.