Andhra Petrochemicals has informed that this is with regards to the revised ICRA credit rating assigned to its credit facilities: (1) Long Term Unallocated Limits of Rs 57.18 crores - [ICRA]JBBB+ (Negative), Downgraded from [ICRAJA- (Negative); (2) Long term Fund based Working Capital Facilities - Rs.35.00 crores - [ICRA]BBB+(Negative), Downgraded from [ICRAJA- (Negative); (3) Short term Non-fund based Working Capital Facilities Rs 2.00 crores - [ICRAJA2+, Reaffirmed Total Rs 94.18 crores.
The above information is a part of company’s filings submitted to BSE.
