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, CRISIL Limited has: for Long-Term facilities with rating of ‘CRISIL A / Watch Positive’, continues on ‘Ratings Watch with Positive Implications’; for Short-Term facilities: rating remains unchanged at 'CRISIL AT ‘re-affirmed’. It enclosed the relevant credit rating letter dated February 28, 2025 received by the Company on March 3, 2025. The aforementioned letter is also available on the CRISIL website. This is in compliance with the disclosure requirements under the relevant provisions of SEBI LODR.
The above information is a part of company’s filings submitted to BSE.
