Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shalimar Paints has informed that the credit rating agency viz. CARE Ratings has released an update on the Company’s Facilities/Instruments. The letter received from Care Ratings confirming and providing the rationale for the abovementioned rating is enclosed and the same is also available on the website of CARE Ratings. This disclosure shall also be made available on the website of the Company at www.shalimarpaints.com
The above information is a part of company’s filings submitted to BSE.