Premier Explosives has informed that ICRA has revised the credit rating for Line of Credit (LOC) of the Company, as given below which is valid till December 30, 2021: Rating on long term at [ICRA] [BBB+] (stable), (previously - [ICRA] [A-]) and rating on short term at [ICRA] [A2], (previously - [ICRA] [A2+]).
The above information is a part of company’s filings submitted to BSE.