Pursuant to Regulation 30 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Electrosteel Castings has informed that India Ratings and Research has, through its letter dated 13 May, 2021, upgraded the Company’s Long-Term Issuer Rating to ‘IND A’ from ‘IND A-’ while maintaining it on Rating Watch Positive (‘RWP’). The instrument-wise rating actions are enclosed.
The above information is a part of company’s filings submitted to BSE.
