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Dawn Retail informs about revision in credit rating

12 Nov 2018 Evaluate

Dawn Retail has informed that the credit rating of listed Non Convertible Debentures of the Company has been revised from BBB+ (SO) (pronounced triple B plus (Structured Obligation)) issued by CARE to CRISIL A-/Stable (pronounced as CRISIL A minus rating with Stable outlook)' issued by CRISIL vide its letter no. DARAPL/207942/NCD/111802940 dated 2nd November, 2018. This intimation is in pursuance of Regulation 51(2) read with Part B of Schedule III of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements), Regulations, 2015.

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

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