Asahi Songwon Colors informs about credit rating

Asahi Songwon Colors has informed that Credit Analysis & Research Limited (CARE) has reviewed the ratings on the bank facilities of the Company and reaffirmed the ‘CARE A+’ (Single A Plus) for the Long term Bank facilities, ‘CARE A1+’ (A One Plus) for the Short term Bank facilities, ‘CARE A+/CARE A1+’ (Single A Plus/A One Plus) for Long term / Short term Bank Facilities, and CARE A1+ (A One Plus) for proposed Commercial Paper (CP) Issue carved out of the sanctioned working capital limits of the Company.

The above information is a part of company’s filings submitted to BSE.