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BAJAJ ELECTRICALS LTD. - Announcement under Regulation 30 (LODR)-Credit Rating
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13 Jan 2022
Pursuant to the provisions of Regulation 30 (read with Schedule III) of the SEBI Listing Regulations, we wish to inform you that, after due consideration, CRISIL Ratings Limited (&apos;CRISIL&apos;) has assigned a CRISIL A1+ [pronounced as &apos;CRISIL A one plus&apos;] rating for the Company&apos;s Short Term Debt of Rs.100 Crore. As stated by CRISIL (in its letter), the instruments with this rating are considered to have a very strong degree of safety regarding timely payment of financial obligations and such instruments carry the lowest credit risk. A copy of the letter No. RL/BAJELEC/283694/STD/0122/24250 dated January 12, 2022, as received from CRISIL in this regard, is enclosed herewith.
View all announcements for BAJAJ ELECTRICALS LTD. Source: BSE India