ICRA places the ratings of Anant Raj Industries’ bank facilities on notice of withdrawal

18 May 2011

ICRA has placed the “LBBB+” rating assigned to the bank facilities of Anant Raj Industries on notice of withdrawal for ninety days at the request of the company. As per ICRA’s policy, the ratings will be withdrawn after ninety days from the date of this withdrawal notice.

Anant Raj Industries (ARIL) is engaged in the business of real estate development mainly in the National Capital Region (NCR) .The Company is also engaged in the business of manufacturing ceramic tiles under its brand, “Romano”.

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