Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Remsons Industries has informed that it enclosed a letter issued by ICRA, dated 30th December, 2022 informing that the Rating Committee of ICRA, has assigned the credit rating for Rs. 66.82 Crore of the Company’s bank facilities as under: Long Term Rating of (ICRA) BBB- (pronounced ICRA triple B minus). Outlook on the long-term rating is ‘Stable’ and Short-Term Rating of (ICRA) A3 (pronounced ICRA A three).
The above information is a part of company’s filings submitted to BSE.
