With reference to the rating suspended by the CRISIL, Manpasand Beverages has informed that the Company, as per the its object clause of IPO, has repaid, in full, its entire secured loan facilities to its bank as a result, the Company is debt free Company. Due to repayment of entire debts by the Company, CRISIL Rating on loan is not required to the Company.
The above information is a part of company’s filings submitted to BSE.