Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Maharashtra Seamless has informed that ICRA has: 1) Upgraded long term credit rating to [ICRA] AA+ with stable outlook, 2) Reaffirmed short term credit rating at [ICRA] A1+. The rating of [ICRA]AA+ (Stable) / [ICRA]A1+ indicates high degree of safety regarding timely servicing of financial obligations and very low credit risk. Long term credit rating of [ICRA] AA+ is the second highest credit rating whereas short term credit rating of [ICRA] A1+ is the highest credit rating.
The above information is a part of company’s filings submitted to BSE.
