K.C.P. Sugar and Industries Corporation has informed that at the Company’s request, ICRA (ICRA) has withdrawn the rating assigned to the (i) Long Term – Fund Based – Others; (ii) Long Term – Non-Fund Based – Others and (iii) Long Term – Unallocated Limits. The rating [ICRA]A2+ assigned for Fixed Deposit Programme is put on notice of withdrawal for six months. The Company had voluntarily requested for such withdrawal since the Company has already have a rating facility with the CARE Rating. In this regard, the copy of the press release issued by ICRA is enclosed.
The above information is a part of company’s filings submitted to BSE.
