Beardsell Limited — Capital/Financing Update 2022

Oct 14, 2022

==> picture [477 x 114] intentionally omitted <==

14[th] October 2022

To, National Stock Exchange of India Ltd. Exchange Plaza, 5[th] Floor Plot No.C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip: BEARDSELL

The BSE Limited Corporate Relationship Department Phiroz Jeejheebhoy Towers Dallal Street, Mumbai – 400001 Scrip: 539447

Dear Madam / Sir,

Subject: Credit Rating by CARE

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform that M/s.CARE Ratings Limited (CARE) has assigned a long-term Rating of CARE BB+; Stable (pronounced as double B Plus; Outlook : Stable) and a short-term rating of CARE A4+ (pronounced as A Four Plus) for the bank facilities of the Company, as annexed herewith.

We request you to kindly take the above on record.

Thanking you,

Yours faithfully, For BEARDSELL LIMITED

Digitally signed by KANHU CHARAN SAHU KANHU DN: c=IN, o=PERSONAL, pseudonym=a1213c17d9204996a5afc68dcbeb6 f33, 2.5.4.20=e7a8d6bc0334ee57abc9aed92c25421e CHARAN 6303cdaa59bc10cf17d9a8985d9ed8db, postalCode=600094, st=TAMIL NADU, serialNumber=5d0b82d6fd27dc70b428e3ac15d 2582a0e7cf11a99639b7c8ef00965caabbb36, SAHU cn=KANHU CHARAN SAHU Date: 2022.10.14 15:46:17 +05'30'

Company Secretary

==> picture [88 x 16] intentionally omitted <==

==> picture [446 x 59] intentionally omitted <==

Annexure 1

Details of Rated Facilities

1. Long Term Facilities

1.A. Term Loans

Sr. No.	Name of Bank / Lender	Rated Amount (Rs. crore)	Repayment Terms
1.	Bank of India	2.06	Repayable in 36 months startingfrom August 2021
		1.50	Repayable in 36 months startingfrom November 2023
	Total	3.56

*Outstanding as on August 2022

1.B. Fund Based Limits

Sr. No.	Name of Bank / Lender	Rated Amount (Rs. crore)	Remarks
1.	Bank of India	14.75	Cash Credit
	Total	14.75

Total Long Term Facilities : Rs.18.31 crore

2. Short Term Facilities

2.A. Non-Fund Based Limits

Sr. No.	Name of Bank / Lender	Rated Amount (Rs. crore)	Remarks
1.	Bank of India	20.00	Letter of Credit/Bank Guarantee
	Total	20.00

Total Short Term Facilities : Rs.20.00 crore

Total Facilities (1.A+1.B+2.A) : Rs.38.31 crore

CARE Ratings Limited

==> picture [124 x 156] intentionally omitted <==

T-3, 3rd Floor, Manchester Square Puliakulam Road, Coimbatore - 641 037. Tel: +91-422-4332399 / 4502399

3