Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ramkrishna Forgings has informed that CRISIL Ratings has placed the Company’s Facilities as follows: Long Term Rating - Crisil AA-/Negative (Removed from watch; rating reaffirmed); Short Term Rating - Crisil A1+ (Removed from watch; rating reaffirmed); Rs. 300 Crores Commercial Paper - Crisil A1+ (Removed from watch; rating reaffirmed). Detailed Rationale including reasons for the Credit Ratings Action by CRISIL is enclosed.
The above information is a part of company’s filings submitted to BSE.
