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

We wish to inform that credit rating agency 'CARE Ratings' has reviewed various credit facilities of the company and reaffirmed the ratings as follows:<BR> Sl.No. Facilities Rating Remarks<BR> 1 Long term Bank Facilities CARE AA-; Stable [Double A Minus; Outlook: Stable] Reaffirmed<BR> 2 Short term Bank Facilities CARE A1+ (A One Plus) Reaffirmed<BR> 3 Fixed Deposit CARE AA- (FD); Stable [Double A Minus (Fixed Deposit); Outlook: Stable] Reaffirmed<BR>