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Bharat Forge Ltd — Capital/Financing Update 2020
Mar 14, 2020
61415_rns_2020-03-14_031b8e1f-726e-41fd-a657-0562fbc1ba97.pdf
Capital/Financing Update
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March 14, 2020
BHARAT FORGE
To,
BSE Limited,
1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 BSE SCRIP CODE - 500493
National Stock Exchange of India Ltd.,
'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ
Dear Sir,
Subject: Credit Rating
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate you that ICRA has reaffirmed/ revised its ratings of the Company as under:
| Sr. Particulars Existing Rating No. Long Term Rating 1. External Commercial Borrowings and [ICRA]AA+(Stable) Fund-based facilities 2. Short Term Rating [ICRA]Al+ Non-fund based facilities |
Revised Rating [ICRA]AA+(Negative) [ICRA]Al+ |
||
|---|---|---|---|
Submitted for your kind reference and records.
Thanking you,
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KALYANI GROUP COMPANY
BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 (Export), 2682 2387 (Sales/Mktg) 2682 2163 (Materials) Website : www.bharatforge.com CIN No. L25209PN 1961 PLCOl 2046