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 vide their letters dated November 28, 2022, has informed the following credit ratings of ‘Relaxo Footwears’ (the Company): ICRA has retained Long term rating of Rs 140.00 crores on Fund based facilities of the Company at [ICRA] AA (pronounced as ICRA double A). The outlook on the long-term rating has been revised to Stable from Positive and Retained Short term rating of Rs 120.00 crore on Non-fund-based facilities of the Company at [ICRA] A1+ (pronounced as ICRA A One Plus).
The above information is a part of company’s filings submitted to BSE.
