Automotive Stampings and Assemblies informs about revised credit rating

04 Jan 2020 Evaluate

Automotive Stampings and Assemblies has informed that CRISIL has revised the Rating to CRISIL BBB-/ Stable (Downgraded from CRISIL BBB/ Negative) for the Long Term borrowings; and CRISIL A3 (Downgraded from CRISIL A3+) for Short Term borrowings of the Company. A copy of rating Rationale received from CRISIL, a Credit Rating Agency is enclosed.

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

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