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TRF has confirmed that TRF does not have an outstanding long term borrowing of Rs 100 crores or above as on March 31, 2021, where outstanding long-term borrowings would construe 'any outstanding borrowing with original maturity of more than 1 year' nor does it have a Credit Rating of 'AA' for the financial year ended March 31, 2021. The last credit rating of TRF was BBB+ which would preclude TRF from the applicability of the SEBl Circular No. SEBI/HO/DDHS/ClR/20181144 dated November 26, 2018.

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

Peers
Company Name CMP
Bharat Heavy Elect. 448.90
Thermax 3232.25
Kirloskar Industries 3521.90
Skipper 541.30
INDO-MIM 1357.55
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