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ABC India Ltd. Capital/Financing Update 2019

Aug 27, 2019

60324_rns_2019-08-27_568a8955-17b4-4d53-9b07-3343c78f6338.pdf

Capital/Financing Update

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40/8, BALLVGUNGE CIRCULAR ROAD, KOLKATA - 700 019 PHONE : (033) 2461 4156/4157, FAX : 91-33-24614193 E-MAIL : (md@ub(lndin.¢om, HOME PAGE : www.ubcindlu.tom

Date : August 27, 2019

Me Secretary, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street Mumbal — 400001

Scri Code No.- 520123

The Secretary, Listing Department, The Calcutta Stock Exchange Limited, Lyons Range, Kolkata — 700 001.

Scrip Code No.- 10011146

Dear Sir,

Req : Revision in Credit Ratinq by CARE.

Pursuant to Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the rating for Long Term credit facilities from the Bankers of the Company have been revised from CARE BB+ (Double B Plus; Outlook: Stable) to CARE BBB- (Triple B Minus: Outlook: Stable) and for Short Term credit facilities have been revised from CARE A4+ (A Four Plus) to CARE A3 (A Three) by rating agencies, viz. CARE Ratings Limited (Formerly known as Credit Analysis & Research Limited) as communicated vide their letter dated 26082019.

This may please be informed to the members of the Stock exchange and other concerned entities,

Thanking you,

Yours faithfully.

For ABC India Limited

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Sanjay Agarwal Company Secretary & Compliance Officer