MoneyWorks4Me

Pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Elgi Equipment has informed that it enclosed the details of Credit Rating of the Company assigned by CRISIL Ratings (CRISIL) vide their communication dated September 22, 2022. The total Bank loan facilities considered for rating is Rs 456 Crore (enhanced from Rs 431 Crore) and that there are no changes in ratings assigned by CRISIL from the previous report. The rating rationale provided by CRISIL can be accessed using link: Rating Rationale (crisil.com). The aforesaid information is also being made available on the Company’s website: www.elgi.com.

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

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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