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Shemaroo Entertainment informs about credit rating

04 Apr 2020 Evaluate

Pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, Shemaroo Entertainment has informed that CARE Ratings, vide their letter No: CARE/HO/RL/2019-20/5048 dated March 30, 2020 and confirmation of ratings communicated to the Company on April 03, 2020, have reviewed and assigned the rating on Long term Bank facilities - Term Loan of Rs 35.80 crores, Cash Credit of Rs 175 crores and Bank Overdraft for an amount of Rs 44 crores as CARE A-; Stable (Single A Minus; Outlook: Stable). The Letter/Press Release of the aforesaid rating agency(ies) are enclosed for your ready reference. The same is also disseminated on the website of the Company; www.shemarooent.com.

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

Peers
Company Name CMP
PVR Inox 1248.15
Saregama India 496.95
Shemaroo Entertain. 126.00
UFO Moviez India 60.31
Balaji Telefilms 93.69
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