UFO Moviez India has informed that ICRA vide its letter dated December 12, 2023 has communicated that it has reaffirmed its ratings, as per the details enclosed. As per ICRA, the ratings reaffirmation for the Company factors in the recovery in the Company’s operating income and profitability, led by recovery in film exhibition industry post-lifting of the Covid-19 pandemic related curbs.
The above information is a part of company’s filings submitted to BSE.