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BASF India Ltd — Capital/Financing Update 2021
Jul 27, 2021
61168_rns_2021-07-27_4fa05369-08ff-411e-b9e2-02738e6513a9.pdf
Capital/Financing Update
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BASF India Limited, Mumbai - 400 051, India
July 27, 2021
The Market Operations Department BSE Limited P.J. Towers, Dalal Street, Mumbai 400 001.
Name of the Company : BASF INDIA LIMITED Security Code No : 500042
Dear Sir/Madam,
Re: Review of CRISIL outlook on Rs. 20 crore Non-Convertible Debentures of the Company
We wish to inform you that CRISIL has revised the outlook on the Non-Convertible Debenture Programme of the Company to ‘ Stable ’ from ‘Negative’. The rating on the Non-Convertible Debentures has been reaffirmed at ‘CRISIL AAA’. It may kindly be noted that instruments with “CRISIL AAA” rating are considered to have the highest degree of safety regarding timely servicing of the financial obligations and carry lowest credit risk.
The ratings on the Fixed Deposits and Commercial Paper have been reaffirmed at ‘ FAAA/Stable ’ and ‘ CRISIL A1+ ’, respectively.
Please treat the above information as intimation under Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.
Thanking you.
Yours faithfully, For BASF India Limited
Digitally signed Pradeep by Pradeep Manjunath Manjunath Chandan Chandan Date: 2021.07.27 18:09:26 +05'30'
Pradeep Chandan Director – Legal, General Counsel (South Asia) & Company Secretary
PANKAJ Digitally signed by PANKAJ RAJKUM RAJKUMAR BAHL Date: 2021.07.27 AR BAHL 18:10:23 +05'30'
Pankaj Bahl Manager- Company Secretarial
Cc: Listing Compliance, National Stock Exchange of India Limited, Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra –(East). Mumbai-400051.
Registered Office BASF India Limited The Capital, ‘A’ Wing, 1204-C, 12th Floor, Plot No. C-70, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051, India
Tel +91 22 6278 5600
CIN - L33112MH1943FLC003972