Pursuant to the requirement of Regulation 30(6) of the SEBI (LODR) Regulations 2015, GHCL has informed that CRISIL Ratings, one of the Credit Rating Agency, has reaffirmed the CRISIL AA - (Double A Minus) rating, and revised the outlook to Positive from Stable, to GHCL for issuance of Nonconvertible Debentures (NCO) of Rs 150 Crores, which may be issued within a period of 180 days, subject to other necessary compliances regarding issuance of said NCO. Copy of the letter received from the rating agency is attached. This information is also available on the website of the Company at www.ghcl.co.in.
The above information is a part of company’s filings submitted to BSE.
