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Sequent Scientific informs about revision in credit rating

24 Sep 2015 Evaluate

Sequent Scientific has informed that ICRA Ratings has upgraded the Company’s credit rating by four notch, as the long term rating has been upgraded from [ICRA] BB (pronounced ICRA double B) to [ICRA] BBB+ (pronounced ICRA triple B plus), The outlook on the long-term rating is stable, and the short-term rating has been upgraded from [ICRA] A4+ (pronounced as ICRA A four plus) to [ICRA] A2+ (pronounced as ICRA A two plus).

The above information is a part of company’s filings submitted to BSE.

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