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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 &amp; 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 &quot;Dwarikesh Sugar Industries Limited&quot; (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) (&apos;Rating&apos;) 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 &apos;[ICRA]A1+&apos; (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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