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AYM Syntex Limited Capital/Financing Update 2021

Jun 2, 2021

60534_rns_2021-06-02_eb670bab-0c5e-41dd-9405-857bb8d08083.pdf

Capital/Financing Update

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2[nd] June 2021

To,

The BSE LtdP.J.Towers,Dalal Street,Mumbai – 400001SCRIP CODE: 508933 National Stock Exchange of India Ltd,Exchange Plaza, Bandra Kurla Complex,Bandra (East),Mumbai – 400051.Symbol: AYMSYNTEX

Sub: Intimation of India Ratings and Research Pvt Ltd rating affirmation

Dear Sirs /Madam,

In compliance with Regulation 30 (2) read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Rules, 2015, we hereby inform you that the rating of the Company has been affirmed. The revised ratings obtained by the Company is as follows:

Name of the Agency Facilities/Instruments Rs. in Mn Rating/Outlook Rating Action
Term loan 1635.86 IND A /Stable
India Ratings and Fund – based working capital limits 624.5 IND A /Stable
Affirmed
Research Non-fund based workingcapital limits 2030 IND A1
Proposed workingcapital limits 645.4* IND A/Stable/IND A1

*Proposed Working capital Limits: Fund-based - INR165.5 Mn; Non-Fund based limit - INR479.9 Mn

The rating can be viewed at below mentioned link:

https://www.indiaratings.co.in/PressRelease?pressReleaseID=54945&title=India-Ratings-Affirms-AYM-Syntexat-%E2%80%98IND-A%E2%80%99%2FStable%3B-Off-RWN

Kindly take the above in your record.

For AYM Syntex Limited

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