Pursuant to the provisions of Regulation 30 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Electrosteel castings has informed that Brickwork Ratings India has assigned the following credit rating to the debt instrument of the Company: Secured Redeemable Non-Convertible Debenture issue of Rs 125 Crore with a tenor up to 72 months - BWR A+ (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations. Secured Redeemable Non-Convertible Debenture issue of Rs 75 Crore with a tenor up to 72 months - BWR A+ (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations.
The above information is a part of company’s filings submitted to BSE.
