Shalimar Paints has informed that credit rating agency CARE Ratings has assigned the rating of Long-term banking facilities and Short-term banking facilities of Shalimar Paints Limited as ‘CARE BBB- (RWD)’ and ‘CARE A3 (RWD)’, respectively. The copy of Press Release issued by CARE Ratings is enclosed.
The above information is a part of company’s filings submitted to BSE.