In terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR), Rane Holdings has informed that, with regard to the Company's existing bank loan facilities of Rs 100 Crores, ICRA has: a. for Rs 74.96 crore bank facilities- reaffirmed a long term rating of [ICRA] AA- (pronounced as ICRA double A minus) and for Rs 25.04 crore bank facilities- reaffirmed a long term rating of [ICRA] AA- (pronounced as ICRA double A minus) with outlook as ‘stable’ and short-term rating of [ICRA] A1+ (pronounced as ICRA A one plus). The company has enclosed the rating letters issued by ICRA dated December 13, 2022.
The above information is a part of company’s filings submitted to BSE.
