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

We wish to inform that credit rating agency 'CARE Ratings' reviewed various credit facilities of the company and reaffirmed the ratings.<BR> <BR> Sl.No. Facilities Rating Remarks<BR> 1: Long term Bank Facilities:CARE AA-; Stable<BR> [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>