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Arvind Ltd. — Capital/Financing Update 2024
Sep 30, 2024
59174_rns_2024-09-30_d80bda8c-811b-49f2-a08b-d707f0882e9f.pdf
Capital/Financing Update
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30[th] September, 2024
BSE Limited
Listing Dept./ Dept. of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001
National Stock Exchange of India Limited Listing Dept., Exchange Plaza, 5[th] Floor Plot No. C/1, G. Block Bandra-Kurla Complex Bandra (E) Mumbai - 400051
Security Code : 500101 (Equity)
Symbol : ARVIND
Dear Sir/Madam,
Subject: Intimation regarding Reaffirmation of Credit Rating
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that CARE Ratings Limited, Credit Rating Agency has vide letters dated 30[th] September, 2024, reaffirmed the ratings for the following facilities/ debts/ instruments as under:
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----- Start of picture text ----- Facilities/ Amount Rating RatingInstruments (Rs. in crores) ActionLong Term Bank 464.90 CARE AA-; Stable (Double A ReaffirmedFacilities Minus; Outlook: Stable)Long Term/ Short Term 1,549.98 CARE AA-; Stable / CARE A1+ ReaffirmedBank Facilities (Double A Minus; Outlook:Stable/ A One Plus)Short Term Bank 1,011.01 CARE A1+ (A One Plus) ReaffirmedFacilitiesCommercial Paper 300.00 CARE A1+ (A One Plus) Reaffirmed(Carved out)*----- End of picture text -----
*carved out of the sanctioned working capital limits of the company.
Kindly take the same on records.
Thanking you
Yours faithfully, For, Arvind Limited KRUNAL Digitally signed by KRUNAL DEVENDRAKU DEVENDRAKUMAR BHATT Date: 2024.09.30 16:18:08 MAR BHATT +05'30' Krunal Bhatt Company Secretary