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

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06 Feb 2023
Pursuant to regulation 30(4) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Ltd (ICRA) vide their letter dated February 06, 2023, has informed the following credit ratings of "Dwarikesh Sugar Industries Limited" (the Company) :- ICRA has: a) Upgraded the Long-term rating on Rs. 800 crores bank facilities of the Company at [ICRA] AA-(pronounced as ICRA double A minus) ('Rating') from [ICRA] A+ (pronounced ICRA A plus). The outlook on the long-term rating has been revised to Stable from Positive; b) Reaffirmed the rating for the Commercial Papers amounting to Rs.300 crores as '[ICRA]A1+' (pronounced ICRA A one plus). Kindly update the same in your records.
View all announcements for DWARIKESH SUGAR INDUSTRIES LTD.	Source: BSE India

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