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

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27 Nov 2021
With reference to the captioned subject, please be informed that Care Ratings Ltd. has reviewed andassigned/reaffirmed the following ratings:<BR> <BR> Long term Bank Facilities ---->CARE BBB; StableRating (Triple B; Outlook: Stable)----->Reaffirmed-----> This rating is applicable to facilities having tenure of more than one year. Instruments with this rating are considered to havemoderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk. <BR> 'Stable'outlook indicates expected stability (or retention) of the credit ratings im the medium term on account of stable credit risk profile of the entity in the medium term.<BR> <BR> Short term Bank Facilities ----->CARE A3(A Three)---->Reaffirmed-----> This rating is applicable to facilities having tenure of more than one year. Instruments with this rating are considered to have moderate degree of safety regarding timely payment of financial obligations<BR> <BR> Kindly take the same on your records.<BR> <BR>
View all announcements for CORDS CABLE INDUSTRIES LTD.	Source: BSE India

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