Indo Tech Transformers has informed that pursuant to Para A of Part E of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company has received rating communication vide ICRA letter dated February 17, 2020 received on February 18, 2020. The ratings remain unchanged at [ICRA] BB+(Negative)/[ICRA]A4+. The Company has submitted the rating assigned by ICRA and rationale as annexure to this letter. The rating rationale has also been made available in the ICRA's website.
The above information is a part of company’s filings submitted to BSE.