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Wockhardt informs about credit rating

09 Dec 2016 Evaluate

Wockhardt has informed that Credit Analysis & Research (CARE Rating) has re-affirmed the Company’s Rating for total Working Capital limit as AA and A1+ for Long - Term Bank Facilities (Fund Based) and Short Term Bank Facilities (Non Fund Based) respectively. Further, India Ratings and Research Private has re-affirmed the short-term Bank facilities rating at A1+ and assigned the Company’s long-term loan facilities rating to AA- from AA. CARE Rating has also assigned AA rating for the proposed issue of NCDs of Rs 250 crore of the Company.

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

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