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Rane Engine Valve informs about credit rating

26 Dec 2018 Evaluate

ln terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), Rane Engine Valve has informed that, with regard to the company's debt instruments/ total Bank Loan facilities of Rs 200 crores, CRISIL has assigned - long term rating of BBB+ with outlook of 'Stable'; and assigned - short term rating of A2. The company has submitted the relevant credit rating letter(s) dated December 24, 2018 received by the company on the same day. The rating rationale / letter will also be available on the CRISIL website. This intimation is treated as compliance with the disclosure requirements under the relevant provisions of SEBI LODR.

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

Rane Engine Amalgama Share Price

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