GUJARAT ALKALIES & CHEMICALS LTD. - Announcement under Regulation 30 (LODR)-Credit Rating
Download 
|
< Back |
| 22 Jun 2022 | |
| Sub.: Credit Rating by CARE for - (i) Long Term Bank Facilities of Rs.723.98 Crore (ii) Short Term Bank Facilities of Rs.45 Crore (iii) Commercial Paper Issue of Rs.100 Crore Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we enclose herewith copies of letters both dated 21st June, 2022 (received on 21st June, 2022) issued by CARE Ratings Limited (CARE). Kindly be informed that CARE has reviewed and reaffirmed the ratings for the Bank Facilities and Commercial Paper issue as under: (i) "CARE AA+; Stable" [Double A Plus; Outlook: Stable] for Long Term Bank Facilities of Rs.723.98 Crore (reduced from Rs.764.04 Crore); (ii) "CARE A1+" [A One Plus] for Short Term Bank Facilities of Rs.45 Crore; (iii) "CARE A1+" [A One Plus] for Commercial Paper Issue for an amount aggregating to Rs.100 Crore for a maturity not exceeding one year. (The Company has not issued Commercial Paper(s) during the FY 2021-22 and till date of current FY 2022- 23). | |
| View all announcements for GUJARAT ALKALIES & CHEMICALS LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback