Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bharat Seats has informed that ICRA (credit rating agency) has reaffirmed on 23rd April 2024: 1) Long-term Fund-based – Term loan as '[ICRA] A-'. The outlook on the long-term rating is stable. 2) Long-term– Fund-based working capital as '[ICRA] A-'. The outlook on the long-term rating is stable. 3) Short-term – non-fund based working capital as ‘[ICRA] A2+’. The rating by ICRA is enclosed.
The above information is a part of company’s filings submitted to BSE.
