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Remsons Industries informs about credit rating

12 Dec 2018 Evaluate

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Remsons Industries has informed about submission of a letter issued by ICRA, dated 11th December, 2018 informing that the Rating Committee of ICRA, after due consideration, has assigned the credit rating for Rs 29.20 crore as Long Term Rating of (ICRA) BBB-. Outlook for the long term rating has been revised to Stable from Positive; and Short Term Rating at (ICRA) A3. The aforesaid ratings are valid till 30th November, 2019.

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

Peers
Company Name CMP
SamvardhanaMotherson 159.75
Tube Investments 2217.75
Bosch 44880.45
UNO Minda 1105.30
Bombay Burmah Trdg. 1235.50
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