Baid Finserv has informed that at its request and on submission of No-Objection Certificates received from the various lenders of the Company, the credit rating Agency - Brickwork Ratings India vide its letter dated December 29, 2022, received on January 02, 2023 has withdrawn the rating of BWR BBB/Stable/BWR assigned to the Bank Loan Facility of the company. (Copy of withdrawal letter received from Brickworks ratings is attached). Currently the company has been assigned CARE BBB; Stable / CARE A3 (Triple B; Outlook: Stable)/ (A three) rating by Care Ratings for the Bank Loan Facilities and the same has been already intimated on September 20, 2022.
The above information is a part of company’s filings submitted to BSE.
