Pursuant to Regulation 30 read with para A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements), Regulations, 2015, Shalby has informed that ICRA vide its letter bearing ref No: ICRA/Shalby Limited/15092021/1 dated September 15, 2021 has upgraded the long-term ratings as [ICRA] A+ (pronounced as ICRA A Plus) from [ICRA] A (pronounced as ICRA A) on the term loans and fund based facilities aggregating to Rs 103.02 crore of Line of credit of the Company. A copy of rating letter is attached.
The above information is a part of company’s filings submitted to BSE.