Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kanoria Chemicals & Industries has informed that on the basis of recent developments including operational and financial performance of the Company for the financial year 2019-20 (audited) and 9 months ended 31st December, 2020 (unaudited) of the financial year 2020-21, Care Ratings has revised the rating for the long-term bank facilities of the Company as CARE A- (Single A Minus) from the existing rating of CARE A (Single A) and rating for the short-term bank facilities as CARE A2+ (A Two Plus) from the existing rating of CARE A1 (A One).
The above information is a part of company’s filings submitted to BSE.
