AI assistant
Action Construction Equipments Ltd. — Capital/Financing Update 2024
Apr 27, 2024
63900_rns_2024-04-27_c5621bee-8114-41ad-943e-cc418faf75c5.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Action Construction Equipment Limited
Corporate & Registered Office
Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India
Date: April 27, 2024
==> picture [142 x 111] intentionally omitted <==
To, The Manager Listing BSE Limited 5[th] Floor, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 532762
The Manager Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051 CM Quote: ACE
Subject: Re-affirmation of the credit rating(s) by ICRA Limited.
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that ICRA Limited has re-affirmed the ratings of the Company as per below given details and outlook on the long-term Rating is Stable.
| Instrument/Facilities | Earlier Rating | Revised/reaffirmed Rating |
|---|---|---|
| (Long Term Facilities) Long Term Rating |
[ICRA]AA (Stable) (pronounced ICRA double A)with astable outlook |
[ICRA]AA (Stable) (pronounced ICRA double A ) with astable outlook(reaffirmed) |
| (Short Term Facilities) Short Term Rating |
[ICRA]A1+ (pronounced ICRA A one plus) |
[ICRA]A1+ (pronounced ICRA A one plus)(reaffirmed) |
| Commercial paper | [ICRA]A1+ (pronounced ICRA A one plus) |
[ICRA]A1+ (pronounced ICRA A one plus)(reaffirmed) |
The same can be accessed at Company’s website at www.ace-cranes.com and website of ICRA limited at www.icra.in.
This is for your information and record please.
Thanking you
Yours faithfully
For Action Construction Equipment Limited
ANIL Digitally signed by ANIL KUMAR KUMAR Date: 2024.04.27 17:12:55 +05'30' Anil Kumar Company Secretary
==> picture [524 x 62] intentionally omitted <==
Corporate Office: Phone: +91-1275-280111 (50 Lines), Fax: +91-1275-280133, E-mail: [email protected] Mktg. H.Q. : 4th Floor, Pinnacle, Surajkund, Faridabad, NCR-121009, Phone: +91-129-4550000 (100 Lines), Fax: +91-129-4550022, Email: [email protected] Customer Care No.:1800 1800 004 (Toll Free), CIN: L74899HR1995PLC053860, Website: www.ace-cranes.com