Rane (Madras) has informed that in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) with regard to the Company's bank loan facilities of Rs.682.75 Crores (earlier Rs.604.55 Crores), CRISIL has, with regard to ratings for: a. Long-Term facilities: rating remains unchanged at `CRISIL A / Watch Positive', continues on `Ratings Watch with Positive Implications'. b. Short-Term facilities: rating remains unchanged at 'CRISIL A1 're-affirmed'. They enclosed the relevant credit rating letter dated December 04, 2024 received by the Company earlier today. The aforementioned letter is also available on the CRISIL website.
The above information is a part of company’s filings submitted to BSE.
