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Apar Industries Ltd Capital/Financing Update 2020

Dec 15, 2020

61163_rns_2020-12-15_841d4f04-3918-4488-9567-9417992f9c87.pdf

Capital/Financing Update

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14[th] December, 2020

SEC/1412/2020

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National Stock Exchange of India Ltd.“Exchange Plaza”,C-1, Block G,Bandra- Kurla Complex,Bandra (E),Mumbai – 400 051.Scrip Symbol : APARINDSKind Attn.: The Manager, Listing Dept.BSE LCorpo27thFlDalalFort,MumbScripKind td.rate Relationship Department,oor, Phiroze Jeejeebhoy Towers,Street,ai - 400 001.Code : 532259Attn. : Corporate Relationship Dept.

Sub. : Intimation of Credit Rating

Ref.: Regulation 30 and all other applicable regulations, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

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Dear Sir,

Pursuant to Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulation"), we would like to inform the Exchanges about re-affirmation of the credit ratings by CARE Ratings Ltd. intimated vide their letter dtd. 14[th] December, 2020 (received by us on 14.12.2020).

In accordance with the Regulation, please find below the details of the ratings based on FY 2020 (Audited) and H1FY 2021 (unaudited) on financial performances of the Company:

Name of theCompany Credit RatingAgency Facilitie sReaffirmed Ratings
Apar IndustriesLtd.(ISIN –INE372A01015) Care RatingsLimited Long Term BFacilities(Term Loan &Based Lim ank Fundit)CARE A; Stable(Single A; Outlook : Stable)
Long/Short TBank Facilit(Non-fund BLimit) ermiesasedCARE A; Stable/CARE A1(Single A; Outlook : Stable/AOne)

Thanking you,

Yours Faithfully, For Apar Industries Limited

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(Sanjaya Kunder) Company Secretary

APAR Industries Limited Corporate Office : APAR House, Corporate Park, V. N. Purav Marg, Chembur, Mumbai - 400 071, India +91 22 2526 3400/6780 0400 [email protected] www.apar.com Regd. Office : 301/306, Panorama Complex, R. C. Dutt Road, Alkapuri, Vadodara - 390007, India +91 265 6178 700/6178 709 [email protected] www.apar.com CIN : L91110GJ1989PLC012802