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Relaxo Footwears informs about credit rating

05 Jul 2022 Evaluate

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III to the said regulations, Relaxo Footwears has informed that ICRA (ICRA) vide their letters dated July 04, 2022, has informed the following credit ratings: ICRA has retained: a) Long term rating of Rs. 140.00 crores on Fund based facilities of the Company at [ICRA] AA (pronounced as ICRA double A) with ‘Positive’ outlook and Short term rating of Rs 120.00 crore on Non fund based facilities of the Company at [ICRAJA1+ (pronounced as ICRA A One Plus).

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

Peers
Company Name CMP
Bata india 638.40
Relaxo Footwears 288.90
Campus Activewear 194.50
Liberty Shoes 191.85
Superhouse 147.80
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