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ASTEC LIFESCIENCES LIMITED - Announcement under Regulation 30 (LODR)-Credit Rating
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24 Jun 2022
Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (&apos;the SEBI Regulations&apos;), this is to inform you that we are in receipt of intimation letter from ICRA Limited (&apos;ICRA&apos;) dated 23rd June, 2022, re-affirming / assigning the long-term rating of [ICRA]AA-&apos; (pronounced &apos;ICRA double A minus&apos;) and the short term rating of &apos;[ICRA]A1+&apos; (pronounced &apos;ICRA A one plus&apos;) for the Rs. 839 Crore (enhanced from Rs.574 Crore) Fund Based and Non-Fund Based facilities of the Company. Further, ICRA has revised the outlook on the long-term rating from &apos;Stable&apos; to &apos;Positive&apos;. Further, pursuant to Regulation 30(8) of the SEBI Regulations, this intimation will also made available on the Company&apos;s website at Kindly take the above on your records.
View all announcements for ASTEC LIFESCIENCES LIMITED Source: BSE India

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